News Snapshot:
- A + A SHANGHAI (Aug 12): Chinese stocks slipped on Friday (Aug 12), as domestic Covid-19 cases rose sharply, though the blue-chip index snapped a five-week losing streak, as geopolitical tensions over Taiwan eased. Hong Kong shares rose, led by tech plays. The CSI 300 Index lost 0.1%, but rose 0.8% for the week, after posting five consecutive weekly losses. The Shanghai Composite Index fell 0.2%. In Hong Kong, both the Hang Seng Index and the Hong Kong China Enterprises Index added 0.5%. The daily caseload of Covid-19 rose to more than 2,000 on Wednesday and Thursday, from around...
