The Hang Seng Index in the Hong Kong stock market closed lower today. under pressure from the number of people infected with COVID-19 in China which continues to increase steadily
The Hang Seng Index closed at 17,573.58 points, down 87.32 points or -0.49%.
According to China’s National Health Commission (NHC), the number of confirmed cases of COVID-19 The new cases on Thursday were 32,943, of which 3,103 were symptomatic and 29,840 were asymptomatic.
Reuters reported that Policy to control COVID-19 China’s austerity has affected confidence and economic activity. China’s gross domestic product (GDP) grew slightly in the second quarter due to the impact of the lockdown in Shanghai, while in the third quarter of 2022 China’s GDP grew by only 3% year on year. This is lower than China’s official target released in March of 5.5 percent.
