Asian Stock Markets

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Asian Markets Mixed as China’s Industrial Output Misses Expectations

Shares in the Asia-Pacific were mostly higher on Monday as investors monitored market reaction to Chinese economic data. Mainland China markets were mixed. The Shanghai Composite fell slightly to end the day at 3,276.09 and the Shenzhen Component was up 0.33% at 12,460.22. Hong Kong’s Hang Seng index was 0.72% lower in the final hour …

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Asian Markets Shenzhen

Asian Markets Mixed; Shenzhen Down 1.03%, Hang Seng Rises 0.13%.

Shares in Asia-Pacific were mixed on Friday as some major markets in the region, including Hong Kong and Singapore, closed early for Christmas Eve. Hong Kong’s Hang Seng index advanced 0.13% on the day to close at 23,223.76. Mainland Chinese stocks, on the other hand, closed lower. The Shanghai Composite fell 0.69% to 3,618.05 while …

Asian Markets Mixed; Shenzhen Down 1.03%, Hang Seng Rises 0.13%. Read More »

Global Markets Asia

Asia Stocks Mostly Rise as Investors Assess Omicron Variant Risk

Shares in Asia-Pacific were mostly higher in Wednesday trade as investors continued to assess the impact of the omicron Covid variant. Hong Kong’s Hang Seng index gained 0.34% as of its final hour of trading, paring earlier gains of more than 1%. Mainland Chinese stocks closed mixed, with the Shanghai composite slipping slightly to 3,622.62 and the Shenzhen component advancing 0.697% …

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Asian Markets Traders

Asian Stocks Rise, Japan’s Nikkei 225 Jumps 2%

Shares in Asia-Pacific rose on Tuesday as investors reassessed the situation surrounding the omicron Covid variant. Japanese stocks led gains regionally, with the Nikkei 225 in Japan rising 2.08% on the day to 28,517.59 while the Topix index advanced 1.47% to 1,969.79. South Korea’s Kospi climbed 0.41% to close at 2,975.03. Mainland Chinese stocks closed higher, with the Shanghai composite up …

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Global Markets Asia

Asian Markets Extend Decline, Japan’s Nikkei Drops 1.79%

Asia-Pacific markets traded mostly lower on Friday, following overnight losses on Wall Street, as investors assessed monetary policy decisions from two key central banks. Japan’s Nikkei 225 fell 1.79% in Asia to close at 28,545.68, while the Topix index was down 1.42% to 1,984.47. Chinese mainland shares also tumbled, with the Shanghai Composite falling 1.16% …

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Asia trader

Asian Markets Broadly Decline; ASX 200 Subindex Plunges 1.49%

Asia-Pacific markets declined on Friday as investors assess risks associated with the new omicron Covid variant and look ahead to key inflation data in the U.S. Japan’s Nikkei 225 extended losses from the previous session and was down 0.67%. The Topix index traded 0.53% lower. In South Korea, the Kospi fell 0.61% while the Kosdaq was down …

Asian Markets Broadly Decline; ASX 200 Subindex Plunges 1.49% Read More »

Asia Trader

Asian Markets Gain Amidst Concerns on Property Sector, Weibo Plummets 10%

Mainland Chinese markets jumped in Asia in afternoon trade on Wednesday. Troubled Chinese real estate developers are back in the spotlight, while Chinese social media giant Weibo had a disappointing market debut in Hong Kong. The Shanghai Composite climbed 1.18% to close at 3,637.57, while the Shenzhen component rose 1.82% to 14,964.46. The CSI 300 …

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Asian Financial Markets

Asian Markets Mixed, Chinese Tech Stocks in Hong Kong Drop

Asia-Pacific stocks were mixed on Friday, following days of turbulent trading this week as investors continue to monitor the situation surrounding the omicron Covid variant. Chinese tech stocks in Hong Kong plunged after ride-hailing giant Didi announced Friday that it will begin taking steps to delist from the New York Stock Exchange — less than six months after it made …

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Global Markets Asia

Asian Pacific Stocks Mixed, Razer Shares Plunge in Hong Kong

Stocks in Asia-Pacific struggled for direction on Thursday, as concerns over the economic impact of the omicron Covid variant continue to weigh on investor sentiment. Hong Kong’s Hang Seng index rose 0.55% to close at 23,788.93, reversing earlier losses. Shares of Razer in the city, however, dropped 7.87% on the day. The company said a consortium has offered to take …

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Asia Trader

Asia-Pacific Stocks Fall Amid Renewed Covid Uncertainty; Oil Drops 3%

Major Asia-Pacific markets fell in Tuesday trade as investors in the region continued to track developments surrounding the omicron variant. Major markets in the region fell after Moderna CEO Stephane Bancel told the Financial Times that he expects existing vaccines to be less effective against the new variant. Bancel told CNBC on Monday that it could take months to develop …

Asia-Pacific Stocks Fall Amid Renewed Covid Uncertainty; Oil Drops 3% Read More »

Asian Markets

Asian Markets Mostly Fall, Investors Watch Out for the Omicron Variant

Major markets in Asia-Pacific largely fell on Monday as investors continue to monitor developments surrounding the recently discovered omicron Covid variant. Hong Kong’s Hang Seng index slipped 0.95% to close at 23,852.24. Hong Kong-listed shares of Chinese tech giant Meituan lost 7% after the firm on Friday posted a loss of about 10 billion Chinese yuan ($1.56 billion) for …

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Asia Trader

Asia-Pacific Markets Slip Amid Renewed Covid Fears as New Variant Emerges

Shares in Asia-Pacific dropped on Friday, with stocks in Hong Kong and Japan leading losses regionally as fears of a new Covid variant weighed on investor sentiment. World Health Organization officials said Thursday they are monitoring a new variant with “a large number of mutations.” A special meeting is scheduled for Friday to discuss its implications …

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Asian markets

Asia-Pacific Stocks Mixed; Bank of Korea Announces Rate Hike

Shares in Asia-Pacific were mixed on Thursday as investors reacted to the Bank of Korea’s rate decision. South Korea’s Kospi dipped 0.47% to close at 2,980.27 after the Bank of Korea raised its policy rate by 25 basis points to 1%, a move that was largely expected by analysts in a Reuters poll. Following the decision, the Korean won traded 1,189.89 …

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Asia Trader

Asian Markets Mixed, New Zealand Dollar Falls after Central Bank Announces Rate Hike

Shares in Asia-Pacific were mixed on Wednesday, with Japanese stocks leading losses regionally. The Nikkei 225 in Japan fell 1.58% to close at 29,302.66 while the Topix index declined 1.16% to 2,019.12. Markets in Japan were closed on Tuesday for a holiday. South Korea’s Kospi dipped 0.1% on the day to 2,994.29. Hong Kong’s Hang Seng index rose 0.54% as of …

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Asian Financial Markets

Asian Markets Mixed, as Tech Shares Drop

Shares in Asia-Pacific were mixed on Tuesday as investors watched for market reaction to U.S. President Joe Biden picking Jerome Powell for a second term as Federal Reserve chair. Hong Kong’s Hang Seng index declined more than 1% as of its final hour of trading. Mainland Chinese stocks closed mixed, with the Shanghai composite up 0.2% to 3,589.09 while the Shenzhen component slipped 0.371% to 14,905.13. …

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Asia traders

Asia-Pacific Stocks Mixed; JD.com, Netease Shares in Hong Kong Jump

Shares in Asia-Pacific were mixed on Monday as China kept its benchmark lending rate unchanged. The Hang Seng index in Hong Kong dipped 0.39%, closing at 24,951.34. Hong Kong-listed shares of JD.com and NetEase gained 1.93% and 3.02%, respectively, following a Friday announcement that the two stocks are set to be included in the benchmark Hang Seng index from Dec. 6. In mainland …

Asia-Pacific Stocks Mixed; JD.com, Netease Shares in Hong Kong Jump Read More »

Asia

Asian Markets Edge Lower, Hong Kong Shares Extend Losses

Asian markets were mainly lower on Friday as Hong Kong shares slumped, extending losses from the previous session as some of China’s biggest tech names remained under pressure. The benchmark Hang Seng index declined 1.07% to 25,049.97 while the tech-focused Hang Seng tech index dropped 0.26% to 6,457.97. Alibaba shares listed in Hong Kong dropped more than 10% …

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Asia Trader

Asia-Pacific Markets Mixed as Hong Kong Tech Shares Sell off

 Asia-Pacific markets traded mixed on Thursday, following overnight losses on Wall Street, as shares in Japan, Hong Kong and the Chinese mainland struggled for gains. Hong Kong’s Hang Seng Index fell 1.29% to 25,319.72 while the Nasdaq-style technology board, Hang Seng tech index, sold off nearly 3%. Some of the major tech names listed in Hong Kong declined …

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Asian Markets

Asia-Pacific Stocks Fall as Shares of Japan’s Automakers Slip

Declines across Asia-Pacific stocks were seen by Wednesday’s close, with data showing Japan’s exports growth hit an eight-month low. Markets in the U.S., however, were lifted on the back of stronger-than-expected retail sales data. Australia and South Korea led losses in the region. In Australia, the S&P/ASX 200 fell 0.68% to close at 7,369.90. Financial stocks were …

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Asia traders

Asian Markets Mixed, Investors React to Biden-Xi Talks

Shares in Asia-Pacific were mixed on Tuesday as investors reacted to a virtual meeting between U.S. President Joe Biden and Chinese President Xi Jinping. Hong Kong’s Hang Seng index closed 1.27% higher at 25,713.78. Shares of gaming hardware firm Razer in Hong Kong surged 11.46% after Reuters reported, citing sources, that executives at the firm are leading a consortium plan to value the company at …

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Asian Financial Markets

Asia Pacific Socks Mixed, China Shares Trade Lower Despite economic Data Exceeding Expectations

Shares in Asia-Pacific were mixed on Monday as investors reacted to the latest Chinese economic data for October. Mainland Chinese stocks closed lower, with the Shanghai composite slipping 0.16% to 3,533.30 while the Shenzhen component dipped 0.469% to 14,636.39. Hong Kong’s Hang Seng index sat little changed, as of its final hour of trading. The losses in mainland China came …

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Global Markets Asia

Asia-Pacific Stocks Rise; JD.com Shares in Hong Kong Surge

Shares in Asia-Pacific advanced on Friday as technology shares mostly rose, following overnight gains for their counterparts on Wall Street. Hong Kong-listed shares of JD.com soared nearly 5% following the Singles Day online shopping event, while Alibaba dropped 0.67%. Both companies set new sales records across their platforms on Singles Day. Meanwhile, Hong Kong-listed shares of Chinese chip maker Semiconductor …

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Global Markets Asia

Asian Markets Mixed, Evergrande Group shares surge

Asia-Pacific stocks were mixed on Thursday after data released overnight showed U.S. consumer inflation spiked in October. Shares of China Evergrande Group listed in Hong Kong surged 6.75%, following a report from Chinese media outlet Cailianshe that several bondholders received coupon payments from the debt-ridden developer. Other real estate stocks in Hong Kong also rose, with China …

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Asian Stocks Exchange

Asian Markets Mixed, Investors React to Chinese Inflation Data

 Shares in Asia-Pacific were mixed on Wednesday as investors reacted to the release of Chinese inflation data for October. Hong Kong’s Hang Seng index gained 0.74% to close at 24,996.14. Shares of Chinese real estate firm Fantasia Holdings in Hong Kong plunged 36.61% after returning to trade. Fantasia — whose Hong Kong-listed stock was suspended for more than …

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Asian Markets

Asian Pacific Stocks Mixed, Investors React to China’s Trade Data

Shares in Asia-Pacific were mixed on Monday as investors reacted to China’s trade data released over the weekend. Mainland Chinese stocks recovered from earlier losses to close higher, with the Shanghai composite up 0.2% to 3,498.63 while the Shenzhen component climbed 0.32% to 14,508.86. Hong Kong’s Hang Seng index dipped around 0.4% as of its final hour of trading. …

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Asia Trader

Asian Markets Mixed, Hong Kong Markets Decline 1.41% Leading Losses

Stocks in Asia-Pacific were mixed on Friday as shares in Hong Kong led to losses among the region’s major markets. Hong Kong’s Hang Seng index slipped 1.41% to finish the trading day at 24,870.51. Mainland Chinese stocks closed lower, with the Shanghai Composite down 1% to 3,491.57 while the Shenzhen component shed 0.637% to 14,462.62. Shares of Chinese property developers …

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Global Markets Asia

Asian Markets Rise Following Fed’s Decision to Start Tapering Pace of Bond Purchases

Shares in Asia-Pacific rose on Thursday following the U.S. Federal Reserve’s announcement that it will start tapering the pace of its bond purchases later in November. The Nikkei 225 in Japan closed 0.93% higher at 29,794.37 while the Topix index advanced 1.18% to 2,055.56. South Korea’s Kospi also climbed 0.25% on the day to 2,983.22. In mainland China, the Shanghai composite finished the trading …

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Asia Kospi

Asian Pacific Stocks Mixed, Shares of Kakao Pay surge in South Korea debut

Shares in Asia-Pacific were mixed on Wednesday as investors looked ahead to the end of the U.S. Federal Reserve’s two-day meeting for clues on tapering. In South Korea, the Kospi declined 1.25% to finish the trading day at 2,975.71. Shares of Kakao Pay surged in their Wednesday debut as they more than doubled from their issue price of 90,000 Korean …

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Asia traders

Asian Markets Mixed, Chinese Real Estate Stocks Slide Amid Renewed Fears

Shares in Asia-Pacific were mixed on Tuesday, as Hong Kong-listed shares of Chinese real estate firms fell amid renewed fears. By the market close in Hong Kong, China Evergrande Group’s stock fell 2.9% while China Vanke tanked by 4%, while Sunac China Holdings plunged 9.6%. The Hang Seng Properties index declined 0.99% to 30,203.36. The broader Hang Seng index in Hong Kong erased …

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Global Markets Asia

Asian Markets Mixed, Japan’s Nikkei 225 surges nearly 3%

 Shares in Asia-Pacific were mixed on Monday as investors reacted to economic data that showed a mixed picture of Chinese manufacturing activity in October. Japanese stocks led gains regionally as the Nikkei 225 jumped 2.61% to close at 29,647.08, with shares of Fast Retailing soaring 4.22%. The Topix index climbed 2.18% on the day to 2,044.72. Those gains came …

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Asian Stock

Asia – Pacific Markets Mixed; Trading on Razer Halted in Hong Kong Ahead of M&A Announcement.

Shares in Asia-Pacific were mixed on Friday as investors monitored stocks of Apple suppliers after the tech giant’s revenue miss. Mainland Chinese stocks closed higher as the Shanghai composite advanced 0.82% to 3,547.34 and the Shenzhen component gained 1.45% to 14,451.38. Hong Kong’s Hang Seng index shed 0.8%, as of its final hour of trading. Trading in the Hong Kong-listed …

Asia – Pacific Markets Mixed; Trading on Razer Halted in Hong Kong Ahead of M&A Announcement. Read More »

Asian Stocks Exchange

Asia-Pacific Stocks Fall as Bank of Japan Holds Steady on Monetary Policy

Shares in Asia-Pacific were lower in Thursday trade as the Bank of Japan announced its decision to hold steady on monetary policy. The Nikkei 225 in Japan declined 1.05% while the Topix index shed 0.69%. Retail sales in Japan fell 0.6% in September from a year earlier, according to government data released Thursday. The Bank of Japan kept interest …

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Asia Markets Traders

Asian Markets Edge Lower, Hong Kong Markets Lead Losses.

 Shares in Asia-Pacific were lower on Wednesday, with Chinese tech stocks in Hong Kong seeing big losses. Hong Kong-listed shares of Tencent dropped 2.99% on Wednesday while Alibaba fell 2.95% and Meituan plunged 5.09%. The Hang Seng Tech index slipped 3.19% to 6,441.62. The broader Hang Seng index in Hong Kong led losses among the region’s major markets, falling 1.57% to close …

Asian Markets Edge Lower, Hong Kong Markets Lead Losses. Read More »

Asia Trader

Asian Markets Mixed, Nikkei 225 Surges Nearly 2%

Stocks in Asia-Pacific were mixed on Tuesday after major indexes on Wall Street rose to record closing highs stateside. Japanese stocks led gains regionally as the Nikkei 225 jumped 1.77% to close at 29,106.01 while the Topix index gained 1.15% to 2,018.40. South Korea’s Kospi advanced 0.94%, closing at 3,049.08. South Korea’s gross domestic product grew 0.3% on a seasonally adjusted …

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Asian Markets

Asian Pacific Stocks Mixed, HSBC Earnings Beat Expectations;

Shares in Asia-Pacific were mixed on Monday as investors reacted to the release of HSBC earnings. Hong Kong’s Hang Seng index closed little changed at 26,132.03. Hong Kong-listed shares of HSBC rose 0.43% after the bank on Monday reported a pre-tax profit in the third quarter of 2021 that bested expectations. Shares of embattled developer China Evergrande Group declined 0.74% by the …

Asian Pacific Stocks Mixed, HSBC Earnings Beat Expectations; Read More »

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Asian Markets Mixed, Japan’s Nikkei 225 Drop Nearly 2%

Stocks in Asia-Pacific were mixed on Thursday, as investors monitored shares of developer China Evergrande Group in Hong Kong. Evergrande shares dropped 12.54%, having returned to trade on Thursday after a halt that lasted more than two weeks. In Japan, the Nikkei 225 led losses among the region’s markets as it slipped 1.87% to close at 28,708.58 while the …

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Asian Markets

Asian Pacific Stocks Mixed, China Maintains Benchmark Lending Rate

Shares in Asia-Pacific were mixed in Wednesday trade as China kept its benchmark lending rate unchanged. The Hang Seng index in Hong Kong rose 1.1% as of its final hour of trading, leading to gains among major markets in the region. Shares of Chinese tech firms listed in the city surged, with Tencent up 1.6% while Alibaba soared 6.92% and Meituan …

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Asia traders

Asian Pacific Stocks Rise, Taiwan’s Taiex Leads Gains

Shares in Asia-Pacific rose on Friday following overnight gains on Wall Street with the S&P 500 jumping nearly 2%. The Taiex in Taiwan surged 2.4% on the day to 16,781.19, leading gains among the region’s major markets, as shares of Taiwan Semiconductor Manufacturing Company rose 4.71% following an earnings release a day earlier. TSMC on Thursday reported a net …

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Asian Markets

Asian Markets Edge Higher as Investors React to China’s Trade Data for September

Asian Pacific stocks closed higher as shares in mainland China edged higher on Wednesday as investors reacted to the release of Chinese trade data for September. The Shanghai Composite gained 0.42% to 3,561.76 while the Shenzhen component rose 1.54% to 14,353.08. China’s imports rose 17.6% from a year earlier in September, customs data showed Wednesday, missing expectations for a 20% …

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Asian Stocks Exchange

Asian Pacific Stocks Mixed, Hang Seng Index Surges more than 7%

Shares in Asia-Pacific were mixed in Monday trade as stocks in Hong Kong led gains regionally. Hong Kong’s Hang Seng index rose 1.84%, as of its final hour of trading. Shares of Meituan in Hong Kong surged 7.27%. China’s market regulator on Friday said it had fined the company about 3.4 billion Chinese yuan ($527.71 million) after finding …

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Asian Markets Decline, Japan’s Nikkei 225 Falls

Shares in Asia-Pacific were mostly lower on Wednesday, with major indexes in Japan and South Korea leading losses regionally. Japan’s Nikkei 225 shed earlier gains, falling 1.05% to close at 27,528.87, while the Topix index dipped 0.3% on the day to 1,941.91. South Korea’s Kospi slipped 1.82%, closing at 2,908.31. Hong Kong’s Hang Seng index declined 0.6%, as of its …

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Asian markets

Asian Markets Rise as Data Shows Factory Data Rose in SeptemberAs

Shares in Asia-Pacific were mixed on Thursday, as investors reacted to the release of Chinese factory activity data for September. Mainland Chinese stocks closed higher, with the Shanghai composite up 0.9% to 3,568.17 while the Shenzhen component jumped 1.634% to 14,309.01. Hong Kong’s Hang Seng index, on the other hand, fell 0.55% as of its final hour of trading. China’s …

Asian Markets Rise as Data Shows Factory Data Rose in SeptemberAs Read More »

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Asian Pacific Stocks Edge Lower, Japan’s Nikkei 225 falls more than 2%

Asia-Pacific stocks largely fell in Wednesday trade following an overnight tumble on Wall Street, with the Nasdaq plunging nearly 3% as bond yields rise. In Japan, the Nikkei 225 slipped 2.12% to close at 29,544.29 while the Topix index dropped 2.09% to finish the trading day at 2,038.29. Mainland Chinese stocks also saw sizable losses on …

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Asia Trader

Asian Markets Mixed, Economists cut China’s GDP Forecasts

 Stocks in Asia-Pacific were mostly lower on Tuesday, as various firms downgraded China’s GDP forecasts. Goldman Sachs on Tuesday slashed its China GDP growth expectations to 7.8%, down from the 8.2% previously forecast. Nomura also expected China’s GDP to grow by 7.7% this year, down from a previous forecast of 8.2%. Still, Hong Kong’s Hang Seng index led …

Asian Markets Mixed, Economists cut China’s GDP Forecasts Read More »

Asian Markets

Asian Markets Mixed, Evergrande Shares in Hong Kong Rise

Shares in Asia-Pacific were mixed on Monday, with investors monitoring stocks related to embattled developer China Evergrande Group. Mainland Chinese stocks closed lower, with the Shanghai composite slipping 0.84% to 3,582.83 while the Shenzhen component dipped around 0.1% to 14,344.29. Shares of China Evergrande New Energy Vehicle Group in Hong Kong plunged 9.42% following the firm’s Friday warning that it was …

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Asian Stocks Exchange

Asian Markets Mixed, Japan’s Nikkei 225 Jumps 2%

Stocks in Asia-Pacific were mixed on Friday, as investors continued to watch developments surrounding China Evergrande Group. The Nikkei 225 in Japan jumped 2.06% to close at 30,248.81, with shares of Fast Retailing and Softbank Group gaining 1.5% and 2.76% respectively. The Topix index gained 2.31% to finish the trading day at 2,090.75. South Korea’s Kospi, on the other hand, closed fractionally …

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