A statue of a bull is displayed outside the Shenzhen Stock Exchange in the southern Chinese city of Shenzhen. File Picture: REUTERS/BOBBY YIP
Tech giants listed in Hong Kong were hit hard, with their subindex opening 2.9% lower. Hong Kong shares of Alibaba fell 3.3% after affiliate Ant Group said it had no plan to initiate an initial public offering. This was a response to media reports that Beijing had approved relaunching the IPO.Market sentiment in China has been soured by renewed restrictions in Beijing and Shanghai as new Covid-19 cases have emerged.
“Global equities came under pressure after the ECB delivered its guidance, and [ECB president Christine] Lagarde noted upside inflation risks,” said analysts at ANZ in a note on Friday. In currency markets, the US dollar retained its broad strength against a basket of major currencies, hovering around its highest level in three weeks. The euro wallowed at a two-and-a-half week low while the yen gained 0.16% against the greenback, pulling away from a 20-year low.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Asian, US stocks rise as central banks implement aggressive policiesRate hikes around the globe stoke fears of stagflation and stifled growth
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
Källa: SABCNews - 🏆 37. / 51 Läs mer »