Asia-Pacific Stocks Mixed as Investors Watch Russia-Ukraine Situation

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Asia-Pacific Stocks Mixed as Investors Watch Russia-Ukraine Situation
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Hong Kong-listed shares of China Evergrande Group’s electric vehicle unit are set to resume trading on Wednesday, the company announced Tuesday.

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The Russian military has begun moving some of its troops in Ukraine away from areas around Kyiv to positions elsewhere in Ukraine, though Pentagon Press Secretary John Kirby warned the troop movements do not amount to a retreat.

Investors will also continue to monitor moves in U.S. Treasury yields following an inversion in the 5-year and 30-year rates earlier this week. SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday trade as investors watch for developments surrounding the war in Ukraine.

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