China Replaces Head of Hong Kong and Macau Office

China replaced the head of its top agency overseeing Hong Kong, in the latest shakeup after months of anti-government protests in the Asian financial hub. Zhang Xiaoming will be replaced as director of the Hong Kong & Macau Affairs Office by top national political adviser Xia Baolong, China’s State Council said in a statement Thursday..

Futures Point to Small Gains; Virus Breeds Uncertainty

Virus Breeds Uncertainty U.S. stocks are set to open marginally higher Monday, rebounding after Friday’s losses which bucked an otherwise strong week. But these gains are likely to be limited as China’s coronavirus outbreak continues to claim victims and cause economic damage. A large number of China’s workers traveled back to offices and factories around.

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