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COVID News Weighs On Chinese Assets

CROSS ASSET

Chinese-linked assets react negatively to the COVID-related news flow observed since Friday’s local market close, with Hong Kong’s Hang Seng index shedding over 3% in early trade, while the yuan trades on the backfoot vs. the USD, with fresh weakness creeping into the redback around the time of the onshore market open.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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