Chinese stocks closed lower on Tuesday (29), as the Covid-19 lockdown in the country’s most populous city weighs on growth prospects, while strong gains from tech companies lifted Hong Kong’s index. .
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, dropped 0.35%, while the Shanghai index dropped 0.33%.
The CSI300’s financial sector sub-index fell 0.47%, while the consumer discretionary sector lost 1.23% and technology companies were down 2%.
Shanghai, China’s financial hub, tightened the first phase of the lockdown on Tuesday, urging more residents to stay at home unless being tested, as the daily number of cases soared above 4,400.
Hong Kong’s Hang Seng Index rose 1.12%, while the China Enterprises Index rose 1.58%.
- In Tokyo, the Nikkei index rose 1.10% to 28,252 points.
- In Hong Kong, the HANG SENG index rose 1.12% to 21,927 points.
- In Shanghai, the SSEC index lost 0.33% to 3,203 points.
- The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, dropped 0.35% to 4,134 points.
- In Seoul, the KOSPI index appreciated by 0.42%, at 2,741 points.
- In Taiwan, the TAIEX index rose 0.16% to 17,548 points.
- In Singapore, the STRAITS TIMES index rose by 0.06% to 3,433 points.
- In Sydney, the S&P/ASX 200 index rose 0.70% to 7,464 points.
Source: CNN Brasil

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