Asia-Pacific stocks set for mixed start as investors monitor Chinese tech stocks

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Regulatory concerns surrounding sectors such as video games and private education could continue weighing on Chinese stocks in Hong Kong on Friday.

The European Central Bank announced Thursday a slowing in the pace of net asset purchases under its pandemic emergency purchase program.

SINGAPORE — Shares in Asia-Pacific looked set for a mixed Friday start, following overnight losses on Wall Street that saw the Dow Jones Industrial Average declining for the fourth straight day. Futures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 29,925 while its counterpart in Osaka was at 29,920. That compared against theAustralian stocks, on the other hand, appeared poised to rise. The SPI futures contract was at 7,391, against the The South China Morning Post on Thursday reported that the Chinese government will slow its approval for all new online games in the country, sending gaming stocks tumbling.

 

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