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Asian stocks rise as markets eye China's economic stimulus plans

China

China

China

Asian stocks rise as markets eye China's economic stimulus plans

2025-03-18 01:32 Last Updated At:15:47

Asian stock markets showed mixed but generally positive performance on Monday, as investors closely monitored China's latest economic data, potential stimulus measures, and upcoming interest rate decisions.

On the Chinese mainland, the Shanghai Composite Index edged up by 0.2 percent, while the Shenzhen Component Index dipped slightly by 0.18 percent.

In Hong Kong, the benchmark Hang Seng Index rose by 0.8 percent.

In Japan, Tokyo stocks continued their upward trend, driven by strong buying momentum following last week's rally in U.S. markets.

Semiconductor-related stocks led the rebound, with the Nikkei Stock Average climbing by 0.93 percent from the previous trading day.

South Korea's KOSPI Index also posted significant gains, rising by 1.73 percent.

Asian stocks rise as markets eye China's economic stimulus plans

Asian stocks rise as markets eye China's economic stimulus plans

Asian stocks rise as markets eye China's economic stimulus plans

Asian stocks rise as markets eye China's economic stimulus plans

Liu Haixing, special envoy of General Secretary of the Communist Party of China (CPC) Central Committee Xi Jinping, visited Laos on Tuesday to congratulate the successful convening of the 12th National Congress of the Lao People's Revolutionary Party (LPRP) and Thongloun Sisoulith on his election as general secretary of the 12th LPRP Central Committee.

Liu, head of the International Department of the CPC Central Committee, delivered a congratulatory letter from Xi to Thongloun and conveyed a message.

The message stated that China stands ready to work with Laos to advance the continuous development of a China-Laos community with a shared future, guided by the important consensus reached by the top leaders of the two parties and two countries.

Thongloun expressed his sincere appreciation and extended warm greetings to Xi.

He noted that the new central leadership of the LPRP attaches great importance to developing relations with China and is willing to work closely with China to continuously elevate bilateral relations between the two parties and two countries to a higher level.

Xi's special envoy visits Laos

Xi's special envoy visits Laos

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