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International Business Times

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AFP News

Asian Markets Rally, With Eyes On China Housing Briefing

United States China Beijing Hong Kong Morgan Stanley United Airlines

A debt crisis in China's property sector has hammered the world's number-two economy (Credit: AFP)

Asian markets rose Thursday as Chinese investors waded back ahead of a briefing in Beijing by the country's housing minister that fanned hopes for more measures to support the ailing property sector.

The gains followed a positive day on Wall Street, where traders took heart from healthy earnings from Morgan Stanley and United Airlines that helped claw back some of Tuesday's losses sparked by worries over this year's tech rally.

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