Asian equities had a positive day as Malaysia outperformed, Mainland China and South Korea underperformed, and Taiwan has closed again for Double Ten day.
Hong Kong shares rose on
Thursday, led by tech stocks, after local authorities increased
the base rate following a U.S. interest rate hike. China shares
also rose, even as industrial profits extended.
Asian equities were mixed overnight on higher volumes following the US Fed s rate hike, due to optimism that the Fed’s tightening cycle is drawing to a close.
The move will allow mainland Chinese mainland investors easier access to the Xpeng’s shares, potentially allowing the company to expand its investor base.
The move will allow mainland Chinese mainland investors easier access to the Xpeng’s shares, potentially allowing the company to expand its investor base.