A man walks near a large screen showing stock exchange and economic data in Shanghai on October 24, 2022. Photo: EPA-EFE
A man walks near a large screen showing stock exchange and economic data in Shanghai on October 24, 2022. Photo: EPA-EFE

Hong Kong stocks gain on China stimulus bets while Bank of Japan stokes recession risk in shift to tightening path

  • Stocks snapped a two-day slide as traders stay optimistic China will dig deeper into its stimulus toolbox to support the virus-hit economy
  • Bank of Japan stoked concerns about recession after altering its dovish stance by guiding government bond yields higher

A man walks near a large screen showing stock exchange and economic data in Shanghai on October 24, 2022. Photo: EPA-EFE
A man walks near a large screen showing stock exchange and economic data in Shanghai on October 24, 2022. Photo: EPA-EFE
READ FULL ARTICLE