The Bund Bull statue and a screen displaying a thank you message for healthcare workers in Shanghai on June 1 as the city emerges from a lockdown. Photo: Bloomberg
The Bund Bull statue and a screen displaying a thank you message for healthcare workers in Shanghai on June 1 as the city emerges from a lockdown. Photo: Bloomberg
Stocks

Tech stocks lift Hong Kong market while Asian equities languish as investors fret about Fed policy outlook, recession

  • Chinese stocks are burnishing their appeal as a shelter from global weakness as the Fed’s aggressive tightening stokes recession concerns
  • Hang Seng Index has recouped 15 per cent of value since the mid-March slump as traders bet on China policy support

The Bund Bull statue and a screen displaying a thank you message for healthcare workers in Shanghai on June 1 as the city emerges from a lockdown. Photo: Bloomberg
The Bund Bull statue and a screen displaying a thank you message for healthcare workers in Shanghai on June 1 as the city emerges from a lockdown. Photo: Bloomberg
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