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China Traders Gripped by Frenzied Reopening Talk as Stocks Soar

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A Chinese flag in front of buildings in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Oct. 17, 2022. Chinese President Xi Jinping signaled no change in direction for two main risk factors dragging down China’s economy -- strict Covid rules and housing market policies -- providing little lift to a worsening growth outlook. Photographer: Qilai Shen/Bloomberg

A Chinese flag in front of buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Oct. 17, 2022. Chinese President Xi Jinping signaled no change in direction for two main risk factors dragging down China’s economy — strict Covid rules and housing market policies — providing little lift to a worsening growth outlook. Photographer: Qilai Shen/Bloomberg



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