An overpass near Shanghai with an electronic board showing stock information in March 2020. Xiaomi provides the spark while the Covid-19 situation troubles investors. Photo: Reuters
Hong Kong stocks end losing streak as Xiaomi hits record high, investors weigh US stimulus outlook
- Hang Seng Index ended a three-day losing streak with Xiaomi closing at a record high, while Covid-19 cases continued to rattle investors
- Trump signaled opposition to US$900 billion economic stimulus package approved by bipartisan lawmakers in a tweet
An overpass near Shanghai with an electronic board showing stock information in March 2020. Xiaomi provides the spark while the Covid-19 situation troubles investors. Photo: Reuters