Reply To: Traders Market Weekly: Only a Sheep Lets Himself be Sheared

#34580
Truman
Participant

Japan’s Nikkei: +1.6% Hong Kong’s Hang Seng: +9.1% China’s Shanghai Composite: +3.5% India’s Sensex: +1.9% South Korea’s Kospi: +1.4% Australia’s ASX All Ordinaries: +1.1%.

Hong Kong’s Hang Seng Index soared 9.1% and China’s Shanghai Composite surged 3.5%. Those power moves came on the heels of Wall Street’s positive showing on Tuesday and state media reports touting efforts to stabilize equity markets, including reports of progress with U.S. regulators on a cooperation plan for Chinese stocks listed in the U.S., a push to end the crackdown on Internet platform companies, and providing some stability for the real estate sector.