Tuesday, September 28, 2021

Shares in Asia-Pacific slide amid fall in Chinese internet stocks

Shares in Asia-Pacific today declined as Chinese internet stocks fell amid regulatory fears.

China’s Shanghai Composite plunged two percent and Hong Kong’s Hang Seng declined 1.7 percent.

South Korea’s KOSPI and Singapore’s Straits Times, both fell 0.9 percent and Japan’s NIKKEI-225 slipped 0.4 percent.

European stocks were mostly down in intra day trade.

France’s CAC declined 0.6 percent and Germany’s DAX fell 0.2 percent while London’s FTSC-100 added marginally 0.1 percent.

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