Emerging-market stocks rose for a sixth day in a broad rally for riskier assets on the back of fresh economic stimulus pledged by the Chinese government.
MSCI Inc.’s EM stock gauge rose 1.8% by 9:30 a.m. in London. Tech companies listed in Hong Kong and South Korea contributed the bulk of the index gains. European assets followed too, with Hungary’s benchmark BUX equities gauge hitting a record high.