Chinese markets trade higher after HK mask ruling

Monday, 18. November 2019 07:16

Stock markets in the Asia-Pacific were mostly higher on Monday and Chinese stocks increased as Hong Kong's High Court ruled that the law that forbids protesters from wearing face masks in the Chinese autonomous region is unconstitutional. Meanwhile, investors remain focused on relations between the United States and China amid optimism on trade and reports that Washington is prepared to extend Huawei's license once again.

Japan's Nikkei 225 ended the day 0.39% higher while in mainland China the Shenzhen Composite and the Shanghai Composite rose 0.57% and 0.58%, respectively, both at 7:10 am CET. Hong Kong's Hang Seng jumped 0.94% at 7:12 am CET.

Meanwhile, Kospi fell 0.30% at 7:13 am CET and the S&P/ASX 200 ended the session with losses of 0.40%.

The dollar was flat compared to the yen as it increased 0.02% to 108.8315 at 7:14 am CET.

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Breaking the News / VP