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GLOBAL MARKETS-Asia opens higher, but China tech worries weigh on Hong Kong Reuters 7 hrs ago
By Scott Murdoch
HONG KONG, July 6 (Reuters) - Most Asian share markets opened a fraction higher on Tuesday, ahead of a key decision by Australia s central bank on its quantitative easing program and despite ongoing concerns over the future regulation of China s powerful technology sector.
U.S. markets were closed on Monday to mark the Independence Day holiday, leaving the Asian region without a strong lead to start trading on Tuesday.
MSCI s broadest index of Asia-Pacific shares outside Japan was up 0.05%.
In Hong Kong, the Hang Seng Index was down 0.7% while China s CSI300 was off by nearly 0.3%.
By Scott Murdoch HONG KONG (Reuters) - Most Asian share markets opened a fraction higher on Tuesday, ahead of a key decision by Australia s central bank on its quantitative easing programme and despite ongoing concerns over the future regulation of China s powerful technology sector. U.S. markets were closed on Monday to mark the Independence Day holiday, leaving the Asian region without a strong lead to start trading on Tuesday. MSCI s broadest index of Asia-Pacific shares outside Japan was up 0.05%. In Hong Kong, the Hang Seng Index was down 0.7% while China s CSI300 was off by nearly 0.3%. Japan s Nikkei was up 0.45% while the S&P ASX200 stood 0.21% higher. In South Korea, the Kospi 200 Index rose 0.5% in early trade.
Asia opens higher, but China tech worries weigh on Hong Kong
By Scott Murdoch
Reuters
HONG KONG (Reuters) - Most Asian share markets opened a fraction higher on Tuesday, ahead of a key decision by Australia s central bank on its quantitative easing programme and despite ongoing concerns over the future regulation of China s powerful technology sector.
U.S. markets were closed on Monday to mark the Independence Day holiday, leaving the Asian region without a strong lead to start trading on Tuesday.
MSCI s broadest index of Asia-Pacific shares outside Japan was up 0.05%.
In Hong Kong, the Hang Seng Index was down 0.7% while China s CSI300 was off by nearly 0.3%.