China Reopening Stocks Jump on Report of Covid Policy Easing
Gauge of Macau casino shares jumps by most in two weeks
Thai baht rallies on optimism over return of Chinese tourists
By
Bloomberg News
Updated on
China’s consumer and retail shares rallied on Thursday after a report said that Beijing was weighing an exit from its strict Covid-Zero policy.
A Bloomberg gauge of Macau gaming stocks rose 3.4%, its biggest gain in over two weeks. Airlines and restaurants also surged, with Air China Ltd. and Haidilao International Holding Ltd. advancing by at least 3.8% in Hong Kong.
