Asian Stocks Gain as China Bounces Back After Six-Day Loss
- Trump’s team considering a gradual approach on raising tariffs
- MSCI China Index climbs as much as 2.7% in Tuesday’s session
The China Securities Regulatory Commission said stability is top of its agenda in 2025.
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Chinese equities led gains in Asia on Tuesday as news that US President-elect Donald Trump’s team is considering taking a gradual approach to raising tariffs buoyed sentiment.
The MSCI China Index snapped a six-day losing streak, climbing more than 2.7%, as the nation’s top securities regulator said it will work on building a mechanism to stabilize the market. More broadly, the MSCI Asia Pacific Index rose as much as 0.6%, with Tencent and Meituan among the top contributors to its advance.