Asian equities rose as a weaker yen and Beijing’s stimulus measures bolstered Japan and South Korea’s stock markets. Hong Kong futures also advanced, despite a dip in US-listed Chinese companies. The rally follows a week of gains, with investors eyeing further fiscal measures from China amid economic data releases across the region.
Lalithaa Jewellery Mart IPO allotment expected today; GMP at 27% — Here’s how to check status
The IPO, which opened for subscription on August 17 and closed on August 19, received an overwhelming response, with the issue subscribed 62.97 times overall.