Asian stocks rise, China rallies on positive PMI data By Investing.com

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Asian stocks rise, China rallies on positive PMI data By Investing.com
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⚠️BREAKING: *ASIAN-PACIFIC STOCKS JUMP ACROSS THE REGION, CHINA RALLIES ON POSITIVE PMI DATA - 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳

PMIs indicated that an economic recovery in the Asian giant was gaining steam after it relaxed most anti-COVID measures.index jumped 3.3% and was the best performer in Asia, as optimism over China helped the index recover from a near two-month low.

A recovery in China bodes well for broader Asian economies, which depend on the country as a trading partner. China-exposed stock indexes rose on Wednesday, with the

 

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