Key News
Asian equities were mixed overnight as Mainland China and Hong Kong underperformed on light volumes as investors watched the US debt ceiling drama unfold.
Political bickering weighed on Mainland China and Hong Kong as the US backtracked on some constructive G-7 comments while China officials expressed doubt over the “sincerity” of the US’ negotiation efforts, hitting back verbally on Japan’s semiconductor export limitations. This is very juvenile from both sides, in my opinion.
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