Bankers sleep in offices to beat Shanghai Covid lockdown

More than 20,000 bankers, traders, and other workers are bedding down in office towers in Shanghai's Lujiazui district as they bid to keep China's giant financial hub ticking through a Covid-19 lockdown, according to local administration officials.

Brokerages, asset managers, and financial exchanges in Lujiazui - China's answer to Wall Street - rushed to summon key personnel to offices ahead of yesterday's lockdown in Shanghai, and prepared sleeping bags and basic supplies for overnight stays.

Some have also adopted...