- Asian shares rose on Monday as investors cheered the fresh easing measures China announced over the weekend.
- The PBOC cut its benchmark lending rates by 25 bps to 5.1% on Sunday, its third reduction since November, as economic growth cools to levels not seen since the global financial crisis.
- China's central bank also reduced one-year benchmark deposit rates by 25 bps to 2.25%.
- Nikkei +1.3%; Shanghai +1.8%; Hang Seng +0.6%; BSE Sensex +1.1%.
- ETFs: FXI, ASHR, EWH, CAF, YINN, KWEB, PGJ, GXC, FXP, HAO, YANG, TAO, CHIX, PEK, CHIQ, CQQQ, MCHI, QQQC, XPP, YAO, ASHS, YXI, CN, CHXF, FCA, CHNA, CNXT, CHII, ECNS, CHIE, EWHS, CHIM, KBA, KFYP, FCHI, FHK, AFTY