Asian stocks close mixed, with strong losses in Hong Kong and gains in Tokyo

Asian stocks closed without a single direction on Tuesday (19), with Hong Kong’s stocks pressured by technology stocks and Tokyo’s driven by the weakness of the yen.

Coming back from the Easter holiday, Hang Seng led losses in Asia, with Hong Kong down 2.28% to 21,027.76 points.

On Friday (15), Chinese authorities banned the real-time streaming of unauthorized video games, a decision that weighed on shares in technology companies such as Bilibili (-10.92%), Kuaishou Technology (-2.98%) and Alibaba (-4.19%).

In mainland China, losses were marginal: the Shanghai Composite was down 0.05% to 3,194.03 points, and the less comprehensive Shenzhen Composite was down 0.11% to 2,020.28 points.

This Monday (18), the Chinese central bank (PBoC) announced the expansion of financial support to companies and individuals most affected by the current wave of covid-19.

On the other hand, Japan’s Nikkei rose 0.69% in Tokyo to 26,985.09 points as the yen renewed 20-year lows against the dollar, while South Korea’s Kospi rose 0.95% in Seoul, the 2,718.89 points, and the Taiex registered an increase of 0.56% in Taiwan, at 16,993.40 points.

In Oceania, the Australian stock market was in the blue, supported by large-cap companies, as it also returned from the Easter holiday. The S&P/ASX 200 gained 0.56% in Sydney at 7,565.20 points.

With information from Dow Jones Newswires

Source: CNN Brasil

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