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EQUITIES

Wednesday's Asia-Pac session saw the major regional indices and U.S. e-mini futures move lower, with Chinese inflation data fanning worry on the price front (lessening any residual hope of relatively imminent easing from Chinese policymakers). The Chinese property developer space continued to garner attention, with the resumption of trade for Fantasia and the shadow from the impending end of the grace period on a missed US$-denominated coupon covering bonds issued by Evergrande providing a couple of sources of weight. This left the CSI 300 & Hang Seng at the bottom of the pile, with both shedding a little over 1%.

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

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