European shares gain on China's reopening optimism

23.01.2023

European shares climbed on Friday, as optimistic investors gauged the potential impact of a week-long Lunar New Year holidays after China lifted its COVID-19 curbs, even as concerns over global economic slowdown continued to sap sentiment.

The pan-European STOXX 600 was up 0.2% at 0813 GMT, boosted by banks and industrials.

China-exposed...