Workers work on a speaker production line at Luyang Electronics Co LTD in Fuyang City, Anhui Province, China, Oct 31, 2022.
CFOTO | Future Publishing | Getty Images
Asia-Pacific shares were mostly higher on Wednesday as the reading for China's November factory activity fell short of expectations, dropping to the lowest reading since April 2022.
Hong Kong's Hang Seng index briefly rose 2% in its final hour of trade, with the Hang Seng Tech index trading 2.66% higher. In mainland China, the Shanghai Composite closed little changed at 3,151.34, while the Shenzhen Component gained 0.176% to 11,108.50.
Chinese health officials on Tuesday announced measures to boost vaccination among the elderly, an indicator which is seen as important for reopening the economy, while saying it is "closely watching the virus" for developments when asked if the ongoing unrest would lead to a shift in its zero-Covid policy.
"Factory" - Google News
November 30, 2022 at 02:43PM
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China's factory activity at lowest reading since April; Hong Kong stocks briefly rise 2% - CNBC
"Factory" - Google News
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