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Asian Markets Surge as China Targets 5% Growth for Third Year

» Published: March 05 2025 at 06:11

Asian Markets Surge as China Targets 5% Growth for Third Year
Photo: Eugene Hoshiko/AP/TT

The Asian stock exchanges are rising after China, for the third year in a row, sets its growth target at "around 5 percent", according to official documents that Bloomberg has taken part of.

The Hang Seng index in Hong Kong was up 1.8 percent at lunchtime on Wednesday. There were also positive tones in Japan, where both the Nikkei 225 and the broader Topix index rose by 0.4 percent.

The composite index in Shanghai was up 0.2 percent, while the composite index in Shenzhen, on the other hand, fell by 0.2 percent.

TTT
By TTThis article has been altered and translated by Sweden Herald
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