Asian Stocks Rebound as Investors Assess Impact of Trade War
- Investors expect fallout from trade war to be limited: Tan
- China equity market reopens after national holiday last week
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Asia stocks rebounded as concerns over the possibility of full-scale trade war between the world’s two biggest economies eased. Chinese equity markets reopened after a long weekend.
The MSCI Asia Pacific Index gained 0.5 percent 172.48 as of 6:07 p.m. in Hong Kong, led by gains in healthcare stocks. Hong Kong equities capped their best day in almost a month as investors piled into beaten-down shares.