Hong Kong stocks tumble over 2%, leading losses in Asia-Pacific after China data
Publishing timestamp: 2023-10-13 04:06:44
Summary
The article discusses the fall in Hong Kong stocks and wider Asia-Pacific markets as investors react to China's inflation and trade data for September. China's consumer price index and producer price index came in lower than expected. The Hang Seng index and China's benchmark CSI 300 both fell. The article also mentions the decline in JD.com shares and the downgrades and target price revisions it has received. It also discusses Singapore's monetary policy, India's inflation data, and oil prices. The article concludes by mentioning the potential growth potential for a London-listed stock.
Sentiment: NEGATIVE
Tickers: .KS11, .DJI, BABA, 3690-HK, .SPX, 1929-HK, 3968-HK, .N225, 9618-HK, .IXIC, JD, 2318-HK, MSFT, BIDU, .HSI, NVDA, UNDEFINED, 881-HK, 5-HK,
Keywords: breaking news: markets, osaka, prices, chicago, economic events, joe biden, japan, united states, australia, business news, kospi index, nikkei 225 index, china, markets,
Source: https://www.cnbc.com/2023/10/13/asia-stock-market-today-live-updates-on-us-cpi-china-inflation.html