Asia-Pacific trades lower on Evergrande worries

Monday, 20. September 2021 07:22

Stock markets in the Asia-Pacific region traded lower on Monday, as traders digested the potential fallout from Chinese property giant Evergrande collapsing.

Hong Kong's Hang Seng fell 3.56% at 7:18 am CET, with shares of Evergrande losing nearly 17%. Australia's S&P/ASX was down by 1.99% a minute later.

Markets in Japan, South Korea, and mainland China are closed due to a market holiday.

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Breaking the News / OL