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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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Asian Stock Market: Registers modest gains as risk-off eases, Caixin Manufacturing PMI hogs limelightMarkets in the Asian domain have shown an overall recovery as fears of more rates by the Federal Reserve (Fed) to achieve price stability amid rising
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