Asian Equities Rise on Positive Economic Indicators and Market Performance
By
Yuan Chenwei
1 min read
Asian equities saw a surge due to positive economic indicators and market performance. Japan's salary increases and potential policy changes, as well as strong performance in growth stocks and sectors in China, contributed to the rise. Despite weak credit data, the combined January and February data released after the Chinese New Year holiday provided optimism. Notable market movements included strong growth stocks and sectors in Mainland China, with CATL gaining +5.5%. Hong Kong also exhibited strong market activity, including the positive performance of growth stocks and sectors.