Asia trades mixed with US, China relations in focus

Friday, 11. June 2021 07:24

Major stock markets in the Asia-Pacific region traded mixed on Friday after the United States again expressed its concerns over China's "unfair and market-distorting industrial policies." Earlier, its Defense Secretary Lloyd Austin called for a direct line of communication between Washington and Beijing. Meanwhile, it was reported Japan will lift the state of emergency imposed to curb the spread of COVID-19 on June 20.

The Nikkei 225 stood flat at 7:21 am CET as the dollar gained 0.08% against the yen, selling for ¥109.4170. At the same time, South Korea's Kospi grew by 0.71%. Australia's S&P/ASX 200 went up by 0.16% at 7:22 am CET.

In mainland China, the Shanghai Composite lost 0.21% at 7:08 am CET, while the Shenzhen Composite dropped by 0.40%. Meanwhile, Hong Kong's Hang Seng rose by 0.46% at 7:24 am CET.

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Author:
Breaking the News / JR