Asian shares advance as China eases quarantine rules

Asian stocks fluctuated before closing mostly higher on Tuesday after China announced changes to testing and quarantine rules in first step towards easing border controls. China’s Shanghai Composite index reversed an early slide to close 0.89 percent higher at 3,409.21 as health authorities cut mandatory quarantine period to 10 days from three weeks for inbound visitors.

Hong Kong’s Hang Seng index also reversed course to end 0.85 percent higher at 22,418.97. Sentiment was underpinned by an official’s remarks that China will roll out tools in its policy reserve in a timely way to cope with more economic challenges.

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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