Hong Kong stocks tumble 2% amid broader decline in Asia markets, China gains
Publishing timestamp: 2024-01-16 02:49:03
Summary
The article discusses declines in Asian markets, including Hong Kong, Japan, Australia, and South Korea. It mentions concerns about recessionary fears and economic growth, as well as weak domestic demand in China. It also mentions the upcoming release of U.S. December retail sales data and the potential impact on the markets. Additionally, it briefly mentions Morgan Stanley's selection of "alpha" stocks and an upgrade in a wind energy stock.
Sentiment: MIXED
Tickers: .KS11, .IXIC, JPY=, .N225, FMG-AU, AUD=, 322-HK, @LCO.1, .AXJO, .DJI, BHP-AU, .SSEC, .SZI, 992-HK, @CL.1, .SPX, .HSI, RIO-AU, .DXY,
Keywords: ice brent crude (apr'23), wti crude (mar'23), breaking news: markets, prices, hang seng index, economic events, shanghai, s&p/asx 200, nikkei 225 index, australia, business news, shenzhen component index, australian dollar/us dollar fx spot rate, dxy us dollar currency index, markets, breaking news: asia, world markets, kospi index, usd/jpy, asia economy,
Source: https://www.cnbc.com/2024/01/16/asia-markets.html