Asia markets mostly rise

Asian markets mostly rose on Monday as investors took heart from signs of cooling US inflation, but Hong Kong and Shanghai fell as data showed China’s economy was struggling with its Covid-19 restrictions.

The markets have been concerned that, after two consecutive Federal Reserve increases in borrowing costs of three-quarters of a percentage point, further hikes of a similar magnitude could choke off economic recovery.

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

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