Hong Kong Stock Exchange Skyrockets in Two Days of Huge Losses

The Hong Kong Stock Exchange surged in Wednesday's session due to profits from tech giants such as Alibaba or JD.com after two days of heavy losses due to the covid surge and lockdown in China.

The Chinese authorities announced support to help the struggling market maintain stability, raising the Hang Seng index to +8.74% just before 14:00 (06:00 GMT), but later the rise was adjusted to between 6 and 7%.

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