The Hong Kong stock market on the 28th saw a series of protests against the "zero corona" policy, which entails severe restrictions on behavior in China. is declining significantly.
In the Hong Kong stock market, where many Chinese companies are listed, the representative stock index as of 11:30 am Japan time has dropped significantly by about 3% compared to the end of last week, and the price in Shanghai has also dropped by about 1.4%. doing.
This is due to growing concerns about the future of the Chinese economy due to the resurgence of new coronavirus infections in China and protests against the "zero corona" policy, which entails strict restrictions on movement. It's because
In the foreign exchange market, the movement to sell the yuan and buy the dollar is progressing, and as of 11:30 am Japan time, the yuan is trading at the 7.2 yuan level, which is the highest level in about two weeks. I'm here.
A market insider said, ``There is a view among investors that the protests may destabilize the domestic situation. There is, and attention is being paid to how the government will respond in the future."