Chinese stocks closed lower on Thursday (24) on concerns about aggressive interest rate hikes in the United States, which seeks to prevent Beijing from helping Russia.
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, dropped 0.59%, while the Shanghai index dropped 0.63%.
Hong Kong’s Hang Seng Index lost 0.94%, while the China Enterprises Index slipped 1.4%.
Federal Reserve officials on Wednesday signaled that they are ready to take more aggressive action to curb inflation, including a possible 0.5 percentage point hike at the next meeting.
Also on Wednesday, the US government warned Beijing not to take advantage of business opportunities created by sanctions.
In Tokyo, the Nikkei index rose 0.25% to 28,110 points.
In Hong Kong, the HANG SENG index fell 0.94% to 21,945 points.
In Shanghai, the SSEC index lost 0.63% to 3,250 points.
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, dropped 0.59% to 4,251 points.
In Seoul, the KOSPI index lost 0.20% to 2,729 points.
In Taiwan, the TAIEX index dropped 0.18% to 17,699 points.
In Singapore, the STRAITS TIMES index rose by 1.05% to 3,399 points.
In Sydney, the S&P/ASX 200 index advanced 0.12% to 7,387 points.
Source: CNN Brasil
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.