China's Monetary Policy Shift

On Tuesday, major stock market indexes across Asia experienced a significant upswing, with Chinese equities taking the lead. This surge followed the Chinese government's announcement of substantial policy changes for 2025, marking the first major shift in the country's monetary stance in over a decade. The government plans to adopt a "moderately loose" monetary policy and more proactive fiscal measures to stimulate domestic demand and stabilize the economy.

Investors are also closely monitoring the Reserve Bank of Australia (RBA), which is set to announce its monetary policy decision later on Tuesday.

Regional Market Performance

At 3:27 am CET, the Shanghai Composite and the Shenzhen Composite soared by 1.48% and 2.39%, respectively. Hong Kong's Hang Seng was up by 1.39% at 3:28 am CET, as South Korea's Kospi surged by 2.38%. However, Australia's S&P/ASX 200 was down by 0.66% at 3:30 am CET, while Japan's Nikkei 225 remained flat. The dollar went 0.03% down against the yen, trading at ¥151.1770 at 3:34 am CET.