Coronavirus Update: Shanghai lockdown imminent, Tokyo to tighten restrictions

Despite the speculation of a likely lockdown to be imposed on Shanghai city, risk sentiment appears to be in a better spot in Thursday’s Asian trading. Markets see a fresh lockdown in China’s financial hub coming up soon, as the city reports a big jump in new coronavirus cases on Thursday.

Shanghai Health Commission announced that the city reported 32 locally transmitted confirmed cases and 11 imported confirmed cases.

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