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Asian stock exchanges, contrasted closures: Shanghai and Shenzen rise, Hong Kong falls

The composite indices of Shanghai and Shenzen are up, driven by the rate cut by the Central Bank of China – Hong Kong is down, suffering in the wake of Wall Street and due to profit-taking.

Asian stock exchanges, contrasted closures: Shanghai and Shenzen rise, Hong Kong falls

They run Shanghai e Shenzen, back off Hong Kong. The close of the Asian markets shows diverging trends across the various markets. As mentioned, Shanghai and Shenzen take the lion's share, driven forward by the announcement, which arrived last Sunday, of a new rate cut by the Central Bank of China.

The Shanghai Stock Exchange closed with a gain of 1,56% with the index at 4.401,22 points, while the square The Shenzen Square recorded a leap forward of 2,19% with the composite index at share 2.425,90 points.

Bad, as mentioned, Hong Kong, which suffers in the wake of Wall Street and because of profit taking. The Hang Seng Composite Index dropped 1,12% to 27.407,18 points.

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