China new leadership

After 20th party congress, new leadership unveiled and not out of speculations that the people loyal to Xi will get the places. And, from the age and experience of new Politburo Standing Committee members, still no successor is chosen yet. That means Xi will continue the 4th term if no surprise. 

The new leadership will continue Xi's policies … include zero covid and more control on private enterprise. Is it good sign? I bet next Monday stock market will drop again, especially Hongkong market.