Asian Market Update: Nikkei falls 1.91%, Hang Seng drops 0.61%, China’s CSI slips 1.26%, Kospi down 0.79%
This decline followed weak sentiment from Wall Street, where investors turned cautious.
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This decline followed weak sentiment from Wall Street, where investors turned cautious.
Chinese markets saw a sharp fluctuation, with the CSI 300 index jumping 10% before closing up 5% as investors were disappointed by limited stimulus measures. Hong Kong’s Hang Seng Index tumbled 10% intraday, ending down 6.4%, as funds shifted to mainland China. Broader Asian markets also fell, with Japan’s Nikkei 225 and South Korea’s Kospi both slipping.