Chinese Stocks Are On The Rise Following Unexpected Covid Shift ...Middle East

OILPRICE - Economy
Chinese Stocks Are On The Rise Following Unexpected Covid Shift
source : OILPRICE ( Middle East ) () 14
China's move to ease quarantine rules for inbound travelers from three weeks to just one week has bolstered sentiment for Chinese equities.  Bullish calls are rising on Chinese stocks as the CSI 300 Index inches near a bull market.  Fred Hu, the founder of China-based investment firm Primavera Capital Group, told Bloomberg that he believes Chinese tech firms have turned the corner after a $2 trillion rout sparked by Beijing's yearslong technology crackdown.  NASDAQ Golden Dragon China Index plunged more than 76% since its peak in…

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