Chinese equities led a rally in Asian stocks to start the week, after regulators took new steps over the weekend to support the market.
Oil climbed after a step-up in Middle East violence, as a missile attack by Yemen’s Houthi group caused a fire on a fuel tanker in the Red Sea, while three US troops were killed after a drone attack in Jordan.
Hong Kong’s Hang Seng, opens new tab jumped 1.4%, and a sub-index of mainland property shares surged 3.6% after China’s securities regulator said on Sunday that it will fully suspend the lending of restricted shares.
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.