Tokyo Stock Exchange grows, yet Hong Kong Stock Exchange falls

Tokyo Stock Exchange was the most successful Asia's stock on Monday. Hang Seng, its major index, grew in 1,7%, while Hong Kong Stock Exchange slightly dropped.

Nikkei index

Tokyo-based investors positively perceived news on Japan’s decision to lift coronavirus state of emergency for whole the country in upcoming days. Main index Nikkei added 1,7%. Japan has began to ease its anti-pandemic measures earlier, yet the state of emergency is still imposed. Japan currently has more than 16,000 confirmed cases of COVID-19 infections and has reported 820 deaths.

Yet, the political development in Hong Kong barely kept local shares in same values as in previous trading day. The situation is connected to China’s intentions to enforce law on national security, which would also apply on Hong Kong. Yet, the former British colony was returned to China under the “one country, two systems” arrangement, and China’s plans are in conflict with the settlement. Hong Kong inhabitants took to the streets to protest against the law. The U.S. announced it would impose sanctions on China if it does enforce the law.


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