Asian markets improve after China liquidity measures calm investor fears

On Feb 3, Asian markets mostly improved after Chinese markets faced their worst session in years the day before. Mainland China stocks bounced back after China’s central bank injected more than $170 billion into the financial markets. Both the Shanghai and Shenzhen composites climbed more than 1%. Hong Kong’s Hang Seng jumped 1.2%, despite the first novel coronavirus-related death in the city. But casino shares were deep in red after Macau announced it was closing down all casinos for two weeks due to the coronavirus outbreak.

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Category: Politics
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