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Traders Caught in Shanghai Lockdown Skip Showers, Lose Sleep

  • Compliance, volatile markets force traders to work in office
  • Pudong lockdown ends, but many compounds remain sealed off
Bloomberg business news
WATCH: The lockdown in the eastern-half of Shanghai will be lifted on Friday, but certain compounds will remain sealed off.Source: Bloomberg
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Henry, a fund manager, is currently sharing a single bathroom in his office in Shanghai’s financial district with more than 20 people, none of whom have access to a shower. He doesn’t know how much longer he’ll have to do this for.

He was called back on Saturday along with some other employees as part of his company’s rotational work arrangement implemented amid Shanghai’s worsening Covid outbreak. Henry packed up some clothes and necessities for a short stay, but days later, the elevator in his office building had been suspended, and 9 million people in the eastern half of the city were placed under a four-day lockdown.