Lunar New Year decorations to celebrate the Year of the Rabbit are displayed at Tsim Sha Tsui promenade in Hong Kong. Photo: May Tse
Lunar New Year decorations to celebrate the Year of the Rabbit are displayed at Tsim Sha Tsui promenade in Hong Kong. Photo: May Tse

Hong Kong stocks rise to 7-month high on last trading day of the Year of Tiger as China growth bets gain traction

  • China’s recovery may have already started in December and the magnitude is likely to be stronger than expected, according to a Morgan Stanley report
  • High-frequency data such as intracity mobility and subway passenger volumes point to a recovery from the Covid fallout in China

Lunar New Year decorations to celebrate the Year of the Rabbit are displayed at Tsim Sha Tsui promenade in Hong Kong. Photo: May Tse
Lunar New Year decorations to celebrate the Year of the Rabbit are displayed at Tsim Sha Tsui promenade in Hong Kong. Photo: May Tse
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