Asia Shrugs Off Omicron & Fed Tapering, China Internet Rebounds


Source: internetdo.com internetdo.com

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China Last Night KraneShares Key News Asian equities were mostly higher overnight as markets recognize that Omicron might not be the end of the world and were not concerned with the faster pace of tapering indicated by Fed Chairman Powell yesterday. Shanghai, Shenzhen, and the STAR Board closed +0.36%, +0.19%, and -1.30%, respectively. Meanwhile, the Hang Seng gained +0.78% and the Hang Seng Tech Index gained +0.50%. Hong Kong-listed China internet companies were mostly up, apart from Alibaba,... [ Please, visit website http://internetdo.com ]