European stock futures and Hong Kong shares advanced after more stimulus measures from China sparked a risk-on mood. Oil rose and gold hovered near a record after tensions flared up in the Middle East with Iran firing a barrage of missiles at Israel.
An index of Chinese equities soared as much as 8.4%, the most since November 2022, as it headed for a 13th straight winning session. Chinese property stocks extended gains on Wednesday after Beijing followed other major cities in China in relaxing home purchase rules. Brokerage shares also advanced.
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