MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%, helped by a 1% jump in Taiwanese shares and a 0.8% advance in Hong Kong’s Hang Seng index.
The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back
A company issues bonus shares for their shareholders in order to increase the liquidity of the stock as well as to decrease its stock price
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