Asian shares have risen after a morning press release from Chinese officials revealed that the government is still determined to raise share prices. The indicators in Hong Kong and the Chinese continent started the session with a height, which strengthened morale in the market to lukewarm openings elsewhere. The “CII 300” index increased by 1.6%, while the “hanging singing” index rose by about 1%. The MSCI and Pacific MSCI rose 0.2%. The profits came after a briefing of the Chinese Securities Authority, which to a large extent repeated previous attempts to improve share prices but provided additional details. These details have included the requirements on the amount of money that Chinese insurance companies have to invest in the stock market, which will increase equity demand. “It is similar to the preparation of firewood to light the camp of the camp, we are preparing for a more productive environment, but you need a spark,” says Tai Hoy, the main market strategy in the Asia and Pacific region of JPMorgan Asset Management. He added: “Many investors worldwide are concerned that the decline of the United States and China relationship could affect investments.” The briefing of the head of the Chinese security regulatory authority, Wu Cheng, Deputy Finance Minister Leiao Min, and central bank official Zu Lan, indicated that Beijing believes that the reinforcement of the Chinese stock market is a comprehensive effort from the government instead of being a problem for the organizational authority. Softbank’s height is still in investors in Asia to accommodate the impact of the first days of US President Donald Trump in his position, which sent mixed signals to investors. Trump has repeated his threat of imposing customs definitions against China, but he has largely allowed the world’s second largest economy to avoid the frightening escalation of the trade war. The S&B 500 index is close to registering on Wednesday its highest level ever, after a three -day increase in Trump’s movements to increase the spending on artificial intelligence. Earlier this week, the president unveiled a joint project with the ‘Softbank’ group, ‘Oben Ai’, and ‘Oracle’, which could spend billions of rands on the structure of artificial intelligence. Softbank’s shares rose after this announcement and continued to climb on Thursday, and have been higher by about 17% since the beginning of the year. However, the shares of other Asian technology companies did not achieve the same success, as the shares of Korean Chips company “SK Hynix Inc” fell by up to 4.7%, although the company announced record quartens profit organizations. The numbers were largely in line with the expectation. CEO Jimmy Dimon said in an interview on Wednesday that there is evidence that the US stock market is seeing an exaggeration in the judgments. “The asset prices are somewhat exaggerated. You need some good results to justify these prices,” Damon added to the CNBC. The South Korean economy continued its slowdown in the last quarter of last year, as GDP growth was less than expectations. The country plans to win special effects of up to $ 20 trillion ($ 13.9 billion) on Thursday, a tool that has not been used for 21 years to stabilize its currency. The Bank of Japan is expected to raise interest rates to its highest level since 2008 on Friday, as the central bank will make a constant progress after a return to the normal situation, at a time when the Federal Reserve and the European Central Bank began to think about suspending their facilitation courses. The oil has dropped slightly to a report from the sector indicating the first increase in US crude oil stocks since mid -November, while the market is monitoring more President Trump’s promises on world trade.
Asian markets are rising with China’s movements to stimulate the purchase of shares
