Hong Kong stocks rebound, China shares languish near 5-year lows
Publishing timestamp: 2024-01-18 03:08:16
Summary
The article discusses the rebound of Hong Kong and mainland China stocks after recent lows. It also mentions the resignation of Singapore's Transport Minister S Iswaran following corruption charges. Australian markets extended their losses, and Japanese firms are considering restructuring. The article also highlights the performance of TSMC, which posted better-than-expected profit and revenue. Additionally, it mentions the unexpected decline in Australia's employment numbers and the potential opportunities for investors in discounted shares. The article concludes with a discussion of the impact of weaker-than-expected GDP data from China on U.S.-listed Chinese companies and the mixed performance of oil prices.
Sentiment: MIXED
Tickers: @CL.1, JPY=, .IXIC, .HSI, FXI, .KS11, .SPX, @LCO.1, .DXY, URTH, .AXJO, .DJI, .N225, .SSEC, 2330-TW, NVDA, .SZI, AUD=,
Keywords: nasdaq composite, australian dollar/us dollar fx spot rate, kospi index, breaking news: asia, dxy us dollar currency index, nikkei 225 index, asia economy, markets, usd/jpy, hang seng index, s&p 500 index, breaking news: markets, shenzhen component index, ice brent crude (apr'23), wti crude (mar'23), economic events, business news, s&p/asx 200, shanghai, australia, dow jones industrial average, prices, world markets,
Source: https://www.cnbc.com/2024/01/18/asia-markets.html