Asian shares rallied Tuesday after China cut key interest rates as part of its effort to fend off malaise worsened by the trade war.
Shares in China's CATL, the world's largest maker of electric batteries, jumped about 13% in its Hong Kong trading debut after it raised about $4.6 billion in the world’s largest IPO this year. Its shares traded in Shenzhen, mainland China's smaller share market after Shanghai, edged 0.1% higher after dipping earlier in the day.
