Alibaba Group Holding (BABA) shares rallied in Hong Kong stocks market after China loosened Covid-related measures in top-tier cities and in at least other 10 provincial capitals.
The Hang Seng Index up 4.5%, where Alibaba surged 9.3% and $JD.com(JD)$
Morgan Stanley has upgraded Chinese stocks in the MSCI China Index to overweight, pre-emption the reopening of China. Bullish for now.
Modify on 2022-12-05 22:06
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