Asia markets mixed ahead of Christmas weekend; Tencent and NetEase plunge in Hong Kong
Publishing timestamp: 2023-12-22 02:46:14
Summary
The article discusses the mixed performance of Asia-Pacific markets, with the Bank of Japan's October meeting minutes revealing debates on their yield control stance. It also mentions the slowdown in Japan's inflation rate and the plunge in shares of Tencent and NetEase after China released draft rules on curbing excessive gaming and spending. The article also touches on Malaysia's inflation rate, oil prices, and the discussion within the Bank of Japan on how to communicate their shift in policy. It concludes with mentions of interest rates, Citi's stock ideas for Europe, the "Santa Claus Rally," and the S&P 500's win streak.
Sentiment: MIXED
Tickers: .SSEC, INTC, MRVL, @CL.1, .KS11, .SPX, @LCO.1, QCOM, NVDA, .AXJO, ADI, TER, AMD, ON, .N225, AVGO, .DXY, MU, .DJI, JPY=, .HSI, SMH, AUD=, AMAT, 700-HK, .SZI, SOXX, 9999-HK, .IXIC,
Keywords: ice brent crude (apr'23), australian dollar/us dollar fx spot rate, australia, markets, netease inc, economic events, usd/jpy, world markets, kospi index, asia economy, shenzhen component index, s&p/asx 200, nasdaq composite, tencent holdings ltd, prices, breaking news: markets, dxy us dollar currency index, hang seng index, wti crude (mar'23), breaking news: asia, nikkei 225 index, dow jones industrial average, business news, shanghai,
Source: https://www.cnbc.com/2023/12/22/asia-markets.html