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Asia markets mixed after stronger-than-expected China data - TL;DR CNBC

Asia markets mixed after stronger-than-expected China data

Publishing timestamp: 2023-10-18 03:48:13


Summary

3) The article discusses mixed performance in Asian markets after China's stronger-than-expected economic growth in the third quarter. It mentions specific market movements in Hong Kong, China, Australia, Japan, South Korea, and Taiwan. It also discusses the impact of new restrictions on exports of artificial intelligence chips to China and the default of offshore debt by Country Garden Holdings. The article also mentions the performance of specific companies, including BYD, Nvidia, Advanced Micro Devices, Marvell Technology, Intel, and Broadcom. It concludes with mentions of retail sales data in the US and Goldman Sachs' outlook for


Sentiment: MIXED

Tickers: .KS11.HSI@CL.1MRVL.AXJO.SSEC.IXIC.DXYAUD=981-HKAVGO.DJI.SPXUS10YJPY=2317-TW.N225AMD@LCO.12330-TWNVDA2007-HK.TWII.SZIINTC

Keywords: economic eventsnikkei 225 indexaustraliabreaking news: asiabreaking news: marketschinausd/jpymarketsbusiness newsice brent crude (apr'23)australian dollar/us dollar fx spot ratewti crude (mar'23)shanghaikospi indexworld marketspricesshenzhen component indexs&p/asx 200dxy us dollar currency indexunited statesasia economyhang seng index

Source: https://www.cnbc.com/2023/10/18/asia-stock-market-today-live-updates.html


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