Bargain hunters were busy on Asia’s trading floors as fears of a global recession intensify with prices soaring worldwide and supply chains snarled

The prospect of major rate hikes with US prices soaring sent the region’s markets into a tailspin with tech stocks like JD.com leading the plunge

China stocks closed higher as investors took comfort in lower Covid-19 cases, while US President Joe Biden's decision to consider eliminating Trump-era tariffs on Beijing lifted risk appetite.

A Wall Street rout sparked a slump across Asia on a gloomy day for investors worried about growth in China and war in Eastern Europe

China blue-chips fell as trade data highlighted impact of Beijing’s strict Covid restrictions and lockdowns on world’s No-2 economy

Equities were on the slide across the Asia-Pacific fuelled by concerns over China’s economic slowdown and soaring global prices

Asian shares were lifted by positive messages from the US Fed, dismissing fears of more hefty rate rate hikes, but growth worries weighed on the mood in Hong Kong

Hong Kong was in retreat on a holiday-affected trading day with investors nervously waiting for the US to reveal how far it will lift borrowing costs

Hong Kong bucked the trend across the region finding some minor gains but Sydney, Seoul and Taipei suffered as fears over global growth and inflation dominated

Reports of an agreement in the long-running US-China delisting row also buoyed investors with Hong Kong tech firms surging

China’s Premier Li Keqiang promised to revive disrupted supply chains, as a further fall in daily Covid cases in the country also lifted sentiment across the region

Chinese investors were lifted by signals that Beijing would prioritise growth but its markets are still set for their largest monthly fall since 2016