Most Asia stocks down after gains, China growth beats expectations


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HONG KONG, Jan 18, 2021 (AFP): Most markets fell Monday as investors took a breather following a recent rally, though Hong Kong and Shanghai enjoyed gains after data showed China's economy grew more than expected last year.

While broadly welcomed on trading floors, Joe Biden's US$1.9 trillion stimulus proposal was unable to fuel fresh gains with the spending spree largely factored into prices, while analysts warned it could be watered down by the time it reaches his desk for signing.

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Asia , Stock Markets , Mostly down , China , Hong Kong , Up , Economy , Rising

   

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