(Bloomberg) -- Chinese equities rallied by the most in ten weeks as traders turned buyers of everything from baijiu producers to construction firms on expectations of increased support for the economy.The benchmark CSI 300 Index rose 2.6%, its best day since May 25. Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.5%. In Hong Kong, the Hang Seng Index gained 1.1%.Monday’s move higher follows a much-watched Politburo meeting Friday, which was seen to i
(Bloomberg) -- A recovery in Chinese stocks following a meltdown at the start of last week underscored how investors in emerging markets have few alternatives that are as big and liquid.After ditching the Asian nation’s assets amid the turmoil, there are already signs that folks are creeping back. Traders piled a net $975 million into Chinese exchange-traded funds last week, more than all other developing nations tracked by Bloomberg combined. The benchmark CSI 300 Index rose as much as 2.7%, it
Nearly half of Britons are reducing social contact for fear of getting alerted — or 'pinged' — by the NHS COVID-19 app, amid measures to curb the spread of the virus.