CHINA PANDEMIC CORONAVIRUS STOCK MARKET COVID19

apl moa 2023. 1. 3. 21:25
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China's economy slumped at the end of 2022 amid COVID-19 disruptions

epa10387069 A man takes Coronavirus PCR test in the testing booth on the street in front of the large screen showing latest stock exchange data, in Shanghai, China, 03 January 2023. According to data released by the Chinese National Bureau of Statistics on 31 December 2022, the purchasing managers' index (PMI) for China's manufacturing sector came at 47 in December 2022, while reading for non-manufacturing sector came in at 41.6 for the same month, a reading reflecting contractionbut attributed to the disruption caused by the Covid-19 epidemic. Shanghai Composite Index dropped 0.3 percent on the 2023 opening day and finished with a 0.88 percent rise. The Hang Seng Index, which tracks Chinese companies listed in Hong Kong, ended the date positively with a 1.82 percent increase year-to-date. EPA/ALEX PLAVEVSKI

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