Shanghai stocks jump as BoJ leaves stimulus unchanged

Anna Fedorova
clock

The Shanghai stock market rebounded while the Japanese yen strengthened against the US dollar on the news the Bank of Japan will keep its asset buying programme unchanged.

The Shanghai Composite index jumped 4.7% to 3,323 and Hong Kong's Hang Seng also finished Tuesday on a positive note, up 1.5% to 24,320. The yen strengthened 1.1% to 117.5 yen per US dollar, but the...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Asia

Gaurav Narain, co-head of equities at Ocean Dial Asset Management

Ocean Dial's Narain shifts towards high-growth companies

40% earnings growth

Elliot Gulliver-Needham
clock 17 May 2022 • 3 min read
James Carthew of QuotedData

QuotedData's Carthew: Asian trusts succeeding despite China

Stringent lockdowns

James Carthew
clock 16 May 2022 • 4 min read
Naomi Waistell of Polar Capital

What Charlie and the Chocolate Factory can teach us about the next stage of growth

Growth leads to a shift

Naomi Waistell
clock 13 May 2022 • 4 min read
Trustpilot