EQUITIES: Asia Equities Mostly Higher, China Evergrande Ordered To Be Liquidated

Asia equities are mostly higher to start the trading week, with China being the exception. US Equity futures opened lower this morning on the back of the attack on a Russian Oil tanker in the Red Sea and the weekend attack on US soldiers in Jordan near the border with Syria, but along with other markets have recovered most of the initial move lower, Eminis are -0.10% lower, while the Nasdaq trades 0.05% higher. China Evergrande news has dominated the headlines here in Asia, after creditors were unable to come to an agreement on a restructurer pushing shares to lowest on record before a trading halt was put in place.

• Japan Equity indices are in the green today, energy producers are leading the way as the price of oil jumped, while Toyota is trading higher by 3.16% as the leading contributor to the Topix. The Nikkei 225 is up 1.09%, while the Topix is up 1.383% at this stage.
• Hong Kong is trading well, up 1.20%, with Alibaba contributing to most of the gain up 3.10%
• China mainland stocks are lower today, news dominated by China Evergrande, with creditors unable come to a restructuring agreement and courts ordering Evergrande to be liquidated. China has earlier last week announced that they were looking into a stock market rescue package and an MLF rate cut, but since the initial announcements there has been little in the way of information leading investors to remain cautious and has been weighing on sentiment this morning. Currently the CSI 300 is lower by 0.20% while the ChiNext is 2.00% lower,
• Australia, is on track to make it six straight sessions of gains, and is currently 50 points away from all time highs, the market is being lead higher today Oil & Gas names. ASX 200 is currently 0.25% higher.