GLOBAL MARKETS-Asia shares jump as China blue chips scale 5-year peak

Asymptomatic Cases May Transmit Virus: Harvard Physician

Jul.06 -- Abraar Karan, physician at Harvard Medical School as well as at Brigham and Women's Hospital, talks about the coronavirus pandemic. Global cases topped 11.4 million, deaths exceed 533,000, and the World Health Organization reported a one-day high in infections over the weekend. Karan speaks with Haslinda Amin and Yvonne Man on "Bloomberg Markets: Asia."...

Hong Kong Stocks Set for Bull Market After $1.1 Trillion Rebound

(Bloomberg) -- Hong Kong stocks are set to join the rest of the world in bull market territory after a more than $1.1 trillion rebound that’s gathered steam in recent days.The Hang Seng Index rose 3.5% as of Monday’s midday break, extending its rally from March’s low to 21%. Tencent Holdings Ltd. and Hong Kong Exchanges & Clearing Ltd. have contributed nearly half of the index gains during the period, according to data compiled by Bloomberg.Mainland investors have been buying record amounts of Hong Kong equities, while sentiment has been fueled of late by a heavy activity of initial public offerings and secondary listings of U.S.-listed Chinese companies, triggering inflows into new-economy shares and HKEX. Meanwhile, mainland stocks have surged to multiyear highs. Despite the recent jump, the Hang Seng Index needs to rise another 11% to reach pre-pandemic levels. Only nine of the gauge’s 50 stocks are higher for 2020.However,...