Asia-Pacific stocks trade mixed amid Covid vaccine concerns; SMIC shares in Hong Kong suspended – CNBC


Source: rocketnews.com rocketnews.com

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SINGAPORE — Stocks in Asia-Pacific were mixed in Friday trade after the Pentagon added more Chinese firms to a blacklist of alleged Chinese military companies . Mainland Chinese stocks fell, with the Shanghai composite shed 0.35% while the Shenzhen component sat below the flatline. Hong Kong’s Hang Seng index was also down 0.16%. Chinas largest chipmaker Semiconductor Manufacturing International Corp and oil producer CNOOC were among firms added to the blacklist. Trading in the Hong Kong-listed shares of SMIC was halted on the back of that news, with the stock last down more than 2% after 3 minutes of trading....