Tag: Hong Kong’s Hang Seng index leads losses

Hong Kong’s Hang Seng index leads losses in mixed Asia trade as investor sentiment remains fragile
World

Hong Kong’s Hang Seng index leads losses in mixed Asia trade as investor sentiment remains fragile

Singaparana Asia-Pacific was mixed on Thursday, with several regional markets to shed the previous profits as a floating sentiment from the overnight movement on Wall Street after the federal reserve tariff increase which was equated with its most aggressive steps since 1994 faded. The Hang Seng Index in Hong Kong led losses between the main markets in the region, down 2.17% to be closed at 20,845.43 because Chinese technology shares look quite large: Tencent fell 3.21%, Alibaba fell 3.03% and NetEase down 5.29%. In the mainland China market, Shanghai's composite completed a trading day of 0.61% lower at 3,285.38 while the Shenzhen component rose 0.109% to 12,150.96. Nikkei 225 Japan rose 0.4% on that day to 26,431.20 while Topix rose 0.64% to 1,867.81. Retail stocks quickly rose 1.44% whi...