On Wednesday, Asian shares suddenly risen that has bringing a change to the stock markets. People are being hopeful that the shares of China will get the support that has been dropped previously due to the sudden changes from the Bank of Japan. Now it is coming to see that MSCI’s index of the Asia-Pacific share rose by 0.27%. The index is still down by 5% in the month of January.

In addition to that, it is coming to know that Japan’s Nikkei has a downfall by 0.68% right after one day of hitting the highest mark in 34 years. All this time, the complete focus of Asian shares was on the Chinese market as it didn’t have a good start this year. According to the report on Tuesday, it is known that the authorities are taking the initiative to stabilize the market but the investors are not much interested.

The APAC investment strategist for Legal and General Investment Management, Ben Bennett has said ‘I suspect policymakers would prefer markets to be more stable, but I doubt they plan to make huge unconditional injections into markets’. He has added more by saying ‘More they want to suggest that it’s not a one-way bet for markets to go down. Hopefully, this leads to a bit of stabilization now’.

Currently, there is a complicated situation in the Chinese stock market. It is coming to see that the blue-chip index was 0.4% lower on Wednesday. And on the other hand, the Shanghai Composite rose by 0.11%. Previously, Hong Kong’s Hang Seng index rose by 1.5% but in January, it dropped by 8%.

The stocks of Hong Kong are very much influenced by the Alibaba Group. The Hong Kong shares were boosted by 6% after the co-founders of the company, Jack Ma and Chairman Joe Tsai bought a huge amount of shares. For that reason, in the fourth quarter, the Hong Kong shares rose.

In this situation, a trader of ActivTrades, Anderson Alves has said ‘Should the package exceed expectations in scale and scope, it might trigger a substantial rally in equities, especially at the current levels’. The entire currency market was quite silent at the Asian hours. It is the time that measure U.S. currency that is against the six rivals.

Now, in the Asian share market, the Japanese yen has grown by 0.16% to 148.14 per dollar. On this matter, Kristina Clifton, the Commonwealth Bank of Australia analyst has said ‘It has been our long-held view that April is the earliest that the BoJ would consider raising interest rates and ending yield curve control’. He has also added ‘In the near term we expect dollar/yen to re‑strengthen led by higher US Treasury yields as market participants reduce the risk of an FOMC rate cut in March’. According to the last report of 10 years, the Treasury yield was last noted at 4.138%. But now the interest rate is expected to rise to 4.339%. Therefore, the Asian share market is growing in various aspects. So, it can be expected that different shares in the region will increase in the coming days.