Asia Pacific Shares Mixed as Hong Kong Surged 2.11%

Asia Pacific Shares Mixed as Hong Kong Surged 2.11%

On Monday, the Asia Pacific shares were mainly up as Hong Kong’s Hang Seng index surged to 2.11% to $25,391.37 per share. Moreover, technological stocks led gains in the trading market.

Remarkably, food delivery giant Meituan boosted 8.28% or 2.67 points to $35.62 per share. 

Subsequently, the hike came after it was fined $527.71 million for its monopolistic practices.

Still, it is lower than the $2.80 billion penalty given to Alibaba for market dominance abuse. 

At the same time, the tech giant rocketed 7.91% or 1.58 points to $21.56 per share.

Consequently, Tencent climbed 2.37% or 1.46 points to $63.37 per share. 

Similarly, rose 4.66% or 1.77 points to $39.83 per share. 

Overall, the Hang Seng Tech index widened 3.25% or 0.20 points to $6.35 per share. 

In Singapore, the Straits Times index improved 0.09% or 2.92 points to $3,115.73 per share. 

Then, its travel stocks increased as the local government announced that vaccinated travel lanes would open to 8 more countries. 

Furthermore, Singapore Airlines edged up 7.02% or 0.27 points to $4.06 per share. 

Correspondingly, SATS, which provides flight gateway and food services in Asia, strengthened 3.84% or 0.12 points to $3.20 per share.

In addition, Mainland Chinese stocks traded green in the Asia-Pacific shares.

The Shanghai Composite index amplified 0.38% or 13.60 points to $3,605.76 per share. 

Also, the Shenzhen Component index elevated 0.02% or 3.02 points to $14,417.18 per share.

Conversely, Taiwan’s TAIEX plummeted 0.11% or 1.84 points to $1,637.51 per share. 

Japanese Market Up as Asia Pacific Shares Mixed 

Furthermore, Japan’s Nikkei 225 index widened 1.58% or 443.75 points to $28,492.69 per share. 

It is the same with the broader TOPIX index as it enriched 1.51% or 29.53 points to $1,991.38 per share. 

In India, the NIFTY 50 index rose 0.19% or 33.85 points to $17,929.05 per share. 

Accordingly, the BSE SENSEX index enhanced 0.09% or 36.75 points to $60,098.84 per share.

Inversely, Australia’s S&P/ASX 200 index declined 0.42% or 31.10 points to $7,289.00 per share. 

Following the plunge, New Zealand’s S&P/NZX 50 index fell 0.38% or 49.29 points to $13,037.31 per share. 

MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.69% or 4.43 points to $642.40 per share. 

Meanwhile, markets in South Korea were closed in line with their holiday.