9:22 AM · 29 November 2019

Asian stocks “discounted” on Black Friday

Black Friday is a day of discounts and such discounts were applied to the key Asian markets on Friday. China saw the most intense selling with CHNComp down 2.4% and HKComp sliding 2%. Korean KOSP200 lost 1.7%. The key reason behind those moves is a concern that US bills supporting Hong Kong protests will slow progress in trade talks. European markets are much calmer – DE30 is down just 0.2%.

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