Asia trades mixed amid HK tensions

Thursday, 28. May 2020 07:26

Markets in Hong Kong slid on Thursday amid rising tensions in the city after United States Secretary of State Mike Pompeo stated that Hong Kong is no longer autonomous from China given the new security law. Elsewhere in Asia-Pacific stocks were mixed as US Assistant Secretary of State for East Asian and Pacific Affairs David Stilwell accused China of using the coronavirus outbreak to advance its political agenda.

Hong Kong's Hang Seng declined 1.56% at 7:23 am CET. In mainland China, the Shanghai Composite fell 0.46% at 7:09 am CET, while the Shenzhen Composite lost 1:16% at 7:24 am CET. The Nikkei 225 jumped 1.86% at 7:25 am CET. South Korea's Kospi went down by 0.42% at 7:25 am CET and Australia's S&P/ASX 200 surged 1.32% at the same time.

The dollar rose by 0.09% against the yen, going for 107,8215 at the same time.

Related Links: 
Author:
Breaking the News / TF