Asian stocks trade mixed after US addressed HK protests

Tuesday, 12. November 2019 03:10

Asian markets were mixed on Tuesday as the United States commented on Hong Kong protests. US State Department urged China to honor the high-level autonomy Hong Kong was granted in the Sino-British Joint Declaration.

Meanwhile, Japanese shipbuilding giant Mitsui E&S reportedly seeks cooperation with Mitsubishi Heavy amid the financial crisis and the estimates saying Mitsui is about to finish the third consecutive fiscal year with losses.

The Nikkei 225 went up 0.09% at 2:59 am CET while the Hang Seng bounced back from the losses recorded on Monday to gain 0.12% at the same time. Meanwhile, the Kospi traded flat at 3:03 am CET. The Shanghai Composite and the Shenzhen Composite slipped 0.17% and 0.47% at 3:05 am CET, respectively, while the S&P/ASX 200 dropped 0.52% at the same time.

The dollar gained 0.09% against the yen to go for 109.1500 at 3:07 am CET.

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Author:
Breaking the News / GA