In today’s Asian markets:
- The Hang Seng Index (HSI) jumped 1.33%, adding 272.77 points to close at 20,771.72.
- Nikkei 225 saw a decline of 0.8%, falling by 307.1 points to settle at 38,104.86.
- Kospi also slipped, falling 1.24%.
- The Shanghai Composite (SSE) rose 0.41%, gaining 13.36 points to finish at 3,299.22.
China’s finance ministry to issue $700 million in bonds for Macau’s financial industry
China is set to issue 5 billion yuan ($701.1 million) worth of yuan-denominated bonds to investors in Macau. The issuance on October 30, marking the 25th anniversary of Macau’s return to China, aims to boost the region’s financial industry and promote economic diversification.
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