The Kospi in South Korea gained 1.04% to 2,236.16, and the Kosdaq added 2.08% to 688.50. The Shanghai Composite in mainland China was 2.02% lower at 2,977.56, and the Shenzhen Component lost 2.055% to 10,694.61. Mainland China markets briefly entered positive territory on better-than-expected economic data before falling again. "Since the meeting is mostly about personnel changes, the economic recovery might not come as soon as we have hoped," Tai told CNBC in an email. Investors may also have expected policy measures to be announced during the Communist Party of China's 20th National Congress, which closed over the weekend with President Xi Jinping loyalists tapped to form a core leadership group. Tai Hui, JPMorgan Asset Management's APAC chief market strategist, said a combination of factors has been driving the Hong Kong market recently, including higher U.S. Hong Kong's Hang Seng index spiraled down 6.36% to 15,180.69, its lowest levels since April 2009, with the Hang Seng Tech index down more than 9%. Hong Kong stocks and mainland China markets fell sharply Monday while other major Asia-Pacific markets rose. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |