Hong Kong shares drop 3.7% and mainland China stocks tumble to near 5-year lows
Publishing timestamp: 2024-01-17 03:14:01
Summary
3) The Hang Seng index and mainland Chinese CSI 300 fell to their lowest levels since November 2022 after China's fourth-quarter GDP growth missed estimates. Other Asian stock indices, such as South Korea's Kospi and Japan's Nikkei 225, also experienced declines. In the US, all three major indexes fell as bond yields ticked higher. The article also mentions specific stocks that reached all-time highs and highlights the decline in the energy sector and financial stocks.
Sentiment: MIXED
Tickers: 6702.T-JP, .SSEC, PYPL, JPY=, @TY.1, EOG, ALL, CBOE, .DJI, LLY, .AXJO, .N225, AUD=, .KS11, @CL.1, .IXIC, PANW, TJX, .HSI, @LCO.1, .DXY, .SZI, EQT, TROW, 960-HK, 241-HK, MS, APA, .SPX, 3690-HK,
Keywords: usd/jpy, business news, ice brent crude (apr'23), asia economy, australia, dxy us dollar currency index, hang seng index, markets, australian dollar/us dollar fx spot rate, wti crude (mar'23), shenzhen component index, kospi index, s&p/asx 200, world markets, 10-yr note future (mar'23), breaking news: markets, fujitsu ltd, nikkei 225 index, breaking news: asia, shanghai, prices, economic events,
Source: https://www.cnbc.com/2024/01/17/asia-markets.html