To the actions from the China it’s from Hong Kong rose for a second day after shares in U.S. banks U.S rebounded on the expectation that a global banking crisis had been averted for the time being, while investors awaited the monetary policy decision from the Federal Reserve.
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, rose 0.43%, while the Shanghai index advanced 0.31%.
Hong Kong’s Hang Seng Index rose 1.73%.
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The President of China, Xi Jinpingleft the Russia on Wednesday.
During his two-day visit, Xi barely mentioned the conflict in Ukraine and said on Tuesday that China has an “impartial position”.
US banks rose on the eve after the Treasury Secretary, Janet Yellensaid it is prepared to step in to protect account holders at smaller banks.
Before the Fed’s rate decision fees, to be announced at 3 pm (Brasília time), the feeling was of risk. Michael Dyer, chief investment officer at M&G Investment, said this time the Fed was clearly closer to the end of its bull cycle than the beginning.
In TOKYO, the Nikkei index advanced 1.93%, to 27,466 points.
In HONG KONG, the HANG SENG index rose 1.73% to 19,591 points.
In SHANGHAI, the SSEC index gained 0.31% to 3,265 points.
The CSI300 index, which gathers the largest companies listed in SHANGHAI and SHENZHEN, advanced 0.43%, to 3,999 points.
In SEOUL, the KOSPI index appreciated by 1.20%, at 2,416 points.
In TAIWAN, the TAIEX index rose by 1.59% to 15,760 points.
In SINGAPORE, the STRAITS TIMES index gained 1.48% to 3,220 points.
In SYDNEY, the S&P/ASX 200 index advanced 0.87% to 7,015 points.
Source: Moneytimes
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