Investors will watch shares of Semiconductor Manufacturing International Corporation , China's largest manufacturer of semiconductors.
U.S. President Donald Trump's administration is considering imposing export restrictions on SMIC, according to a Defense Department spokesperson. On the economic data front, China's trade data for August is expected to be released at around 11:00 a.m. HK/SIN on Monday. SINGAPORE — Asia markets were set to trade lower at the Monday open as tech tensions between Washington and Beijing escalate.
Futures pointed to a lower open for stocks in Japan, with the Nikkei futures contract in Osaka at 23,200. That compared against theShares in Australia were also poised to dip, with the SPI futures contract at 5,875.0, as compared to the
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