CSI 300 leads Asia markets higher after China finance ministry weekend briefing hints at more stimulus

Most Asia-Pacific markets traded higher on Monday, as investors assessed China's weekend press briefing and awaited a slew of economic data this week from the region.in a highly anticipated press briefing on Saturday hinted at more debt issuance amid efforts to shore up the economy, stating the government had a"rather large" space to increase deficit.with consumer prices rising at their slowest pace in three months at 0.

Chinese policymakers have"made a turn on cyclical policy management and increased their focus on the economy," it said in a research note on Oct. 13.

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China stocks just saw their best day of trading since 2008 amid a stimulus rallyChina's CSI 300 rallied 8.48%, closing at 4,017.85 for a nine-day winning streak, its best day since September 2008 and its highest point since August 2023.
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