Asian Shares Perk up but Evergrande Jitters Keep Investors on Edge

Asian Shares Perk up but Evergrande Jitters Keep Investors on Edge
Investors look at computer screens showing stock information at a brokerage house in Shanghai, China on April 21, 2016. Aly Song/Reuters
|Updated:

HONG KONG—Asian shares made cautious gains on Thursday, supported by some positive news from cash-strapped developer China Evergrande Group, while the dollar held near a one-month top after the U.S. Federal Reserve took a hawkish tilt overnight.

However, nerves were still frayed about Evergrande’s future and the country’s property sector as a whole, with a major test looming on Thursday when $83.5 million in dollar-bond interest payments by the company were due.