Read this in The Manila Times digital edition.
HONG KONG: Equities jumped on Wednesday following a surge on Wall Street as investors grow hopeful about the ongoing earnings season, while sentiment was also boosted by news that Russian gas flows to Europe would not be cut off.
Markets also reacted positively to a report saying China would fine ride-hailing giant Didi $1 billion and conclude its yearlong probe, reinforcing optimism that a long-running crackdown on its technology sector is nearing its end.
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