Asian stocks rebound, Hong Kong leads gains on ‘Big Short’ bets By Investing.com

The People’s Bank of China said it will undertake more measures to boost economic growth this year, and will also shore up lending as the economy recovers from three years of COVID-related disruptions, state media reports showed.

Optimism over a Chinese economic recovery was also aided by data showing that new home prices rose slightly in January from the prior month. But on a year-on-year basis, ChineseA recovery in China bodes well for broader Asian markets, given the country’s role as a key trading hub for the region. Optimism over China also helped regional markets look past better-than-expected U.S.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

National security warning now a part of Hong Kong land sales | CNN BusinessHong Kong real estate is the most expensive in the world, but it wasn't eye watering prices that took investors by surprise this week. So like Texas, just more arbitrary
Source: cnni - 🏆 326. / 59 Read more »

Analysts like Airbnb's latest earnings but still see risks for the short-term rental stockAirbnb's latest quarterly earnings outperformed expectations, but most analysts are still concerned about the stock going forward.
Source: CNBC - 🏆 12. / 72 Read more »