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Asia stocks set for mixed open; Ant Group gets approval to operate consumer finance firm

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Investors will monitor Hong Kong-listed shares of Alibaba after Ant Group received approval to operate a consumer finance company.

That marked a major positive development for Ant in the forced restructuring of its business months after its highly anticipated debut was abruptly shelved.

Looking ahead, the Reserve Bank of India is set to announce its interest rate decision at 2:15 p.m. HK/SIN on Friday.Alibaba'sFutures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 29,000 while its counterpart in Osaka sat at 28,980. That compared against theMeanwhile, stocks in Australia looked poised to open little changed. The SPI futures contract was at 7,265.

Looking ahead, the Reserve Bank of India is set to announce its interest rate decision at 2:15 p.m. HK/SIN on Friday. Overnight on Wall Street, the Dow Jones Industrial Average dipped 23.34 points to 34,577.04. The S&P 500 dipped 0.36% to 4,192.85 while the Nasdaq Composite lagged, dropping 1.03% to 13,614.51.

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Ant Wins China’s Approval to Set Up Consumer-Finance CompanyThe Jack Ma-controlled mobile-payments company will hold a 50% stake in the new entity, with the rest held by six other shareholders. thanks あまりいじめると外資が更に警戒しちゃうからね。
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »