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International Business Times
International Business Times
Business

Asian Markets Rebound To Track Wall St Up As China Cuts Rates

Shares in Chinese battery giant CATL soared more than 13 percent on their Hong Kong debut (Credit: AFP)

Asian markets rose Tuesday as investor sentiment returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows.

The rally tracked advances on Wall Street, where the initial selloff sparked by Moody's removal of Washington's triple-A grade soon gave way to a push back into beaten-down equities amid hopes about US trade talks.

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