China stocks fall after shadow bank Zhongzhi files for bankruptcy, Hong Kong leads losses in Asia
Publishing timestamp: 2024-01-08 03:01:43
Summary
Hong Kong and China markets experience losses after bankruptcy filing by Zhongzhi Enterprise Group. US markets gain after positive jobs report. Evergrande New Energy Vehicle calls for trading halt. Bank of Korea's meeting expected to hold interest rates steady. Predictions of strong growth for memory chipmakers. Oil prices rise due to fears of escalating conflict in the Middle East. December jobs report reduces odds of Fed easing interest rates in March.
Sentiment: MIXED
Tickers: .DJI, .KS11, AUD=, @LCO.1, .SZI, US10Y, .HSI, .DXY, .N225, .IXIC, .AXJO, @CL.1, .SPX, .SSEC, 708-HK, JPY=,
Keywords: shenzhen component index, dow jones industrial average, s&p 500 index, asia economy, nasdaq composite, u.s. 10 year treasury, nikkei 225 index, markets, prices, shanghai, s&p/asx 200, wti crude (mar'23), world markets, business news, ice brent crude (apr'23), breaking news: asia, breaking news: markets, dxy us dollar currency index, australia, australian dollar/us dollar fx spot rate, kospi index, hang seng index, economic events, usd/jpy,
Source: https://www.cnbc.com/2024/01/08/asia-markets.html