Asian shares are higher, with a record PBOC liquidity injection and expectations (hopes?) that...
Thursday, September 27, 2012, 3:27 AM ETAsian shares are higher, with a record PBOC liquidity injection and expectations (hopes?) that the Chinese government will carry out measures to support stocks helping the market to recover smartly after it fell to multi-year lows yesterday. However, not everyone's convinced that the respite will last. "I don't think it is sustainable with so much gloom over China," says IG Markets' Justin Harper. Japan +0.5%, Hong Kong +1.2%, China +2.6%, India +0.3%.