(Bloomberg) — Stocks surged Wednesday and U.S. and European futures rose after China moved to ease a range of concerns spanning regulation to overseas listings, lifting sentiment after weeks of worries about war and high inflation.
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An Asia-Pacific share gauge jumped the most since 2020, a measure tracking mainland companies listed in Hong Kong posted the biggest gain since the global financial crisis and a Chinese tech index soared a record 20%. European futures added 2%, while S&P 500 and Nasdaq 100 contracts also climbed.
China vowed policies to boost financial markets and spur economic growth as it attempted to ease fears on risks related to the ailing property sector, overseas listings and a clampdown on internet firms. That touched on many of the concerns that have soured China’s outlook for some time.
Equities in China and Hong Kong had been under…
