Asia trades mixed amid Hong Kong tensions

Monday, 25. May 2020 04:02

Markets in Hong Kong slid on Monday amid rising tensions in the city due to Beijing's plans to introduce a national security law banning protests in the autonomous region. Elsewhere in Asia-Pacific stocks were mostly higher as coronavirus fears continue to ease and governments around the world gradually lift lockdowns.

Hong Kong's Hang Seng declined 0.29% at 3:57 am CET after plummeting over 5% earlier in the session. In mainland China, the Shanghai Composite added 0.15% at 3:58 am CET, while the Shenzhen Composite lost 0.32% at 3:44 am CET.

The Nikkei 225 jumped 1.31% at 3:55 am CET. The dollar was flat against the yen, going for 107,6555 at the same time.

South Korea's Kospi rose 0.47% at 4:00 am CEt and Australia's S&P/ASX 200 surged 1.72% at the same time.

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Breaking the News / NP