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Asian Markets React To Loosening Covid Rules In China

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Asian markets were mixed on Tuesday after rising Monday on news of relaxing Covid restrictions in China.
The Hang Seng index in Hong Kong, the Shanghai Composite and Shenzhen Component in China, and the Nikkei 225 in Japan all rose Monday.
China loosened testing rules in some cities, following more than two years of strict restrictions aimed at limiting the spread of Covid-19.
The Shanghai Composite, Shenzhen Component, and the Nikkei 225 continued their upward movement Tuesday, while the Hang Seng index fell slightly.