China announced 20 measures to optimise its COVID policy on Friday.

This will be accompanied by a 16 point plan to support the property market More on this here:

Chinese markets have been moving higher strongly from their recent lows on speculation of these policies clearly aimed at supporting & boosting the economy.

The new COVID measures come as cases are on the rise across the country. An early test of the resolve to slacken restrictions a little.

shanghai composite COVID property support