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Asia markets trade mostly higher as investors look ahead to US-China trade talks this week [CNBC]

KOREA ELECTRIC POWER (KEP)  More Company Research Source: CNBC
PDF Asia markets trade mostly higher as investors look ahead to US-China trade talks this week Chinese markets led gains on Tuesday in a mostly positive trading session across Asia, extending their upward climb from the previous day after the banking regulator urged institutions to boost lending in the country. The Shanghai composite rose 35.36 points, or 1.31 percent, to 2,733.82 and the Shenzhen composite added 20.20 points, or 1.39 percent, to 1,471.27. "Chinese equities rebounded after the banking regulator (called) for banks to boost lending in order to support infrastructure projects and exporters," Huani Zhu, an economist from Mizuho Bank, wrote in a morning note. "This suggests that the government is likely to utilize various policy tools to cushion any downside risk to growth." The China Banking and Insurance Regulatory Commission posted a statement on its website that called for institutions to raise the proportion of medium and long-term loans so that borrowers are not strained [Read more]

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