Hong Kong, Shanghai rally on China optimism as Seoul rebounds

Hong Kong, Shanghai rally on China optimism as Seoul rebounds …C0NTINUE READING HERE >>>

President Xi Jinping and other top Chinese leaders are looking to kickstart growth in the world’s number two economy.
Photo: EVARISTO SA / AFP
Source: AFP

Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief declaration of martial law by South Korea’s president.

In the latest bid to kickstart growth, President Xi Jinping and other top leaders…

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