Hong Kong Market Report Headlines

China, Hong Kong stocks gain on Fed, COVID policy pivots

China and Hong Kong stocks started December on a bullish note, tracking global markets amid expectations that the U.S. Federal Reserve will slow the pace of rate hikes, and signs of some relaxation in China's strict anti-COVID curbs.

UPDATE 2-China's stocks, yuan tumble on COVID protests

Chinese stocks slumped on Monday as recent monetary easing measures failed to offset investor worries about protests against strict COVID-19 curbs in the world's second-largest economy, while the yuan weakened versus the dollar.

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