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Hang Seng Struggles Again

EQUITIES

The Hang Seng has provided the most notable move in the Asia-Pac region, shedding ~1.5% on Monday, adding to Friday's losses which were linked to a Chinese clampdown on the fintech space, with broader trade thinned by holidays in both Japan & China (both will return on Thursday). Elsewhere, the remaining major indices in the region were little changed to lower on the day. U.S. equity index futures were a little more resilient, unwinding some of their Friday losses, with U.S. Tsy secretary Yellen once again trying to play down any fears re: inflation surrounding the U.S. fiscal impulse.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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