Asian Stocks Start on A Mixed Performance
Asian stocks opened mixed on Thursday, following a report that US prosecutors were investigating the theft of trade secrets by Huawei Technologies in conjunction with the launch of the G-20 summit in Tokyo and the forthcoming speech by the Governor of the Bank of Japan Haruhiko Kuroda within the G20 summit.
China, the world’s second-largest economy, unveiled its plans to boost spending by cutting taxes on Tuesday amid a pledge to step up efforts to boost growth as the People’s Bank of China worked to maintain liquidity by injecting a record amount of money into China’s banking system. Through open market operations there.
Japan’s Nikkei 225 index fell 0.20% to 40.39 points to reach 20,402.36.
As for China, the CSI 300 index shed 0.41%, shedding 12.85 points to reach 3,115.80, the Shanghai index fell 0.35% and the other lost 8.89 points to reach 2,561.53.
Hong Kong’s Hang Seng Index shed 0.12%, shedding 32.04 points to 26,870.06, while South Korea’s Kospi rose 0.18% to 3.71 points to 2,109.81.
To NZZ 50, which rose 0.43% to 38.48 points to 9,065.92. On the other hand, Australia’s S & P / ASX 200 index gained 0.23%, gaining 13.14 points and reaching 5,848.30.