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Shoppers walk through a street market in Hong Kong, China, on Sunday, Jan. 30, 2022. Photographer: Chan Long Hei/Bloomberg via Getty Images
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Hong Kong stocks kicked off 2023 with the most gains they’ve seen in the first trading session of a year since 2018.
The Hang Seng index on Tuesday gained 1.84%, or 363.88 points — its biggest first-day gain since January 2018, when the index rose nearly 2%.
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That signaled an improved outlook as China continues to reopen despite a nationwide surge in Covid infections.
“While it is inevitable to see further surges and more widespread in inflection at the initial stage of opening, the outlook for…
Source cnbc.com
