Investors are hoping for a relaxation of the zero-Covid policy

Beijing Notwithstanding the growing economic woes in China, Chinese stock prices rose sharply in November. This reflects the hopes of many investors that the strict corona measures will be relaxed. It appears to have been given a further boost by the recent protests against the zero-Covid policy, after investors initially reacted with a spook. But investors could be disappointed because China experts consider a quick opening unlikely.

After massive price losses over the course of the year, Chinese stocks recovered, in some cases strongly, in November. The Hang Seng China Enterprises Index rose nearly 27 percent. The Nasdaq China Golden Dragon Index, which includes 72 Chinese stocks on the US tech exchange, also gained 23 percent. The leading Chinese index CSI and the broad MSCI China Index increased by a little more than six percent.