Asian markets rise after China's stimulus promise - Breaking The News
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Asian markets rise after China's stimulus promise

EPA-EFE/ALEX PLAVEVSKI

Most major stock market indexes in Asia traded higher on Thursday as investors in the region asses China's promise to speed up its stimulus rollout in the third quarter of 2022.

In mainland China, the Shanghai Composite increased by 0.80% at 5:10 am CET, with the Shenzhen Composite up by 0.73% a minute later. At 5:12 am CET, however, Hong Kong's Hang Seng went down by 0.17%, and the dollar lost 0.09% against the yen, going for 140.4885.

South Korea's Kospi Composite added 0.12% at 5:14 am CET, as Australian S&P/ASX 200 stood flat. Japan's Nikkei 225 was up by 0.02% at 4:35 am CET.

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