Wednesday’s Asian trading was a mixed bag today as interest rate concerns troubled traders, and the gaming industry in China is facing significant government challenges.
In face of the financial fears caused by inflation and the geopolitical tensions around the world, key Asian indices like Nikkei225 and Hong Kong’s Hang Seng were able to soar on Wednesday.
The Hang Seng index dropped on Wednesday as China's technology sector faced up to new government regulations and a tech drop overseas. The trading distress even reached beyond China's borders, as Singapore's Sea Ltd. was hit with a selloff as well.
The past year has offered traders more than a few unexpected opportunities and unforeseen pitfalls as the world continues to grapple with the COVID-19 virus.
Videos & Articles help you expand your trading knowledge.
Our Economic calendar helps you explore global market events.
Understand the full costs of your trades now for better expense management later.
This information is written by Ecxmarket Ltd. The information is provided for general purposes only, and does not take into account any personal circumstances or objectives. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. No representation or warranty is given as to the accuracy or completeness of this information. It does not constitute financial, investment or other advice on which you can rely. Any references to past performance, historical returns, future projections, and statistical forecasts are no guarantee of future returns or future performance. Ecxmarket will not be held responsible for any use that may be made of this information and for any consequences that may result from such use. Hence, any person acting based on this information does so at their own discretion. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research.
