Chinese stocks are up across the.......>

CHINA STOCKS: Chinese stocks are up across the board as they take the lead from

the strong US session, fueled by a move dovish Fed. The beat in manufacturing

and non manufacturing PMIs has also helped, coming in at 49.5 and 54.7

respectively.

- The CSI300 is back above the key 3200 level, adding 1.2% as bulls look to take

out Monday's highs at 3226.8 to extend the rally. The Hang Seng is also up 1.2%,

clearing its 200dma to further advancing towards its double bottom target just

above 30000. 

- The Chinext continues to lag the broader indices despite being up 0.7% on the

day. 

- The Fed's more dovish tilt has opened the door even wider for further PBOC

easing following on from last week's Central Bank Bill Swap measures, which

should continue to act as a tailwind for stocks.