Pedestrians pass buildings in Pudong’s Lujiazui dinancial district in Shanghai in February 2022. Photo: Bloomberg
Hong Kong stocks overturn losses as Meituan, Alibaba rally while traders shrug off Shanghai lockdown concerns
- Authorities in Shanghai ordered a four-day lockdown from Monday in the Pudong New Area district, home to about 5.7 million people, to contain an outbreak
- Measures likely to disrupt operations at container port, international airport, Tesla’s Gigafactory and facilities owned by chip maker SMIC, among others
Pedestrians pass buildings in Pudong’s Lujiazui dinancial district in Shanghai in February 2022. Photo: Bloomberg