CHINA TOPIX

11/02/2024 05:33:25 pm

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Hang Seng China Enterprise Index (HSCEI)

Investors look at computer screens showing stock information at a brokerage house in Shanghai.

Hang Seng Index Drops 0.9%, 25 European Banks Fail Stress Test

The weekend was a stressful one for markets in Asia as Chinese stocks retreated with the Hang Seng Index shedding 0.9 percent. However, the situation was better in Europe as only 25 banks in the bloc out of 130 failed the stress test.

Inverstors look at the information displayed in the electronic sreen in Shanghai.

China Leads Higher Asian Shares, Euro Sags

Asian stocks bounced back, with China leading after data confirmed a massive increase in profits earned by the country’s industrial firms.

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