Asian Markets Track Wall St Gains As Tech Inspires Hong Kong

Source: International Business Times

Electric vehicle maker BYD hit a record high after news of a battery it says can charge in just five minutes AFP Asian markets rallied on Tuesday following another positive day on Wall Street stoked by US data that eased recession fears, while Chinese tech firms helped propel another surge in Hong Kong. Traders have kicked off the week on a positive note after Beijing at the weekend unveiled a range of measures aimed at reigniting activity in China's army of consumers. That was followed Monday by figures showing a key measure of US retail sales topped forecasts in February, suggesting recent concerns about a possible downturn in the world's top economy may have been overblown.