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Asian Stocks Rebound On News From China

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Asian stocks mostly trod in positive territory on Friday, as easing concerns about U.S.-China tensions and clarifications that Chinese regulatory crackdown on gaming companies were not as harsh as originally reported, lifted sentiment in the region. Hang Seng's Hang Seng Index led the region's rally with a gain of 1.9 percent.

China's Shanghai Composite Index managed to gain 0.3 percent over previous close to end trading at 3,703.11, as sentiment was supported by news of a conversation between the presidents of the U.S. and China.

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