China stock markets post gains as authorities start heeding protests

02.12.2022

China and Hong Kong stocks started December on a bullish note, tracking global markets amid expectations that the U.S. Federal Reserve will slow the pace of rate hikes, and signs of some relaxation in China's strict anti-COVID curbs.

China's bluechip index CSI300 gained 1.1% to a two-month high. The Shanghai Composite...