Key News
Asian equities were mixed overnight as the Philippines outperformed while Thailand and Pakistan were closed for Eid al-Fitr.
Both Hong Kong and Mainland China were down overnight, though for different reasons. Hong Kong was off on light volumes, closing just below the 20,000 level as the most heavily traded stocks by value were Tencent, which fell -1.2%, Alibaba, which fell -1.19%, Meituan, which fell -0.07%, Semiconductor Manufacturing (SMIC), which fell -1.08%, and BYD, which gained +3.61% after announcing a new model of electric vehicle (EV).
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased