Asian Stocks Rally: China Tech Shares Soar After Xi Jinping's Show of Support
2025-02-18
The Associated Press on MSN.com
Asian markets experienced a surge in stocks on Tuesday, with Chinese technology stocks leading the charge after a meeting between President Xi Jinping and entrepreneurs sparked optimism about the industry's future. The tech sector has been a key driver of growth in the region, with major players like Alibaba and Tencent contributing to the rally. As investors remain cautious about the global economic outlook, the boost in Chinese tech stocks has provided a much-needed injection of confidence, with the sector expected to continue its upward trend. Key terms: Asian stocks, Chinese technology stocks, Xi Jinping