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IO price hit by lockdowns on mainland China which will remain in force until atleast 20th March

Zhang Wenhong, China’s top infectious disease expert, on Monday said Hong Kong’s outbreak was in the “early stage of an exponential rise,” and said it was inevitable that some would panic but people should retain confidence in the effectiveness of lockdowns, testing and restrictions. “As long as we slow down, the virus will not be fast,” he said.

Zhang said opening up would be “disastrous” for China, with many elderly people unvaccinated, but once the outbreak was contained there must be a “moderate and sustainable” lasting strategy