China stocks lead Asia rebound on coronavirus stimulus bet

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China stocks lead Asia rebound on coronavirus stimulus bet

US Treasury yields slid to new lows in Asia while stock markets rebounded as investors pinned their hopes on central banks unleashing a wave of easing measures to cushion the economic hit from the coronavirus outbreak. Japan’s Topix climbed 1 per cent on Monday, while in late afternoon trading China’s CSI 300 of Shanghai- and Shenzhen-listed stocks was up 3.3 per cent — on pace for its best one-day performance since May. The gains came after the Bank of Japan signalled that it would inject liquidity into the financial system and hinted at increased asset purchases.

https://finance.yahoo.com/m/57fa75b...5fbbfd0/china-stocks-lead-asia.html?.tsrc=rss
 
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