Asian markets mostly down on China worries after Wall St drop


HONG KONG (AFP): Asian markets mostly sank again Wednesday (July 28) as fears over China's regulatory crackdown continued to reverberate around trading floors, while analysts said companies might struggle to maintain their recent run of blockbuster earnings results that have sent valuations soaring.

Hong Kong and Shanghai were in focus after suffering a diabolical previous three days in the wake of Beijing unveiling a series of measures aimed at curbing a range of industries -- including tech and private tuition -- that have raised fears of further action.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asian , equities , July 28 , opening

   

Next In Aseanplus News

Alamak! Japanese dance team wows Malaysians by dancing to viral hit 'Alamak Raya Lagi'
Cambodia sees over 110,000 foreign tourists traveling across country during traditional New Year
Yingluck to follow in Thaksin’s legal footsteps on return: lawyer
Upcoming China train station looks like a sanitary pad, ridicule netizens
Pritam Singh appoints ex-prosecutor to defend him in court over his alleged lies to Parliament
Apple plans to invest more than $250 million to expand Singapore campus
Bursa Malaysia mixed at midday break, key index up
Mt Ruang eruption: Air travellers in Kuching stranded as flights cancelled
Mt Ruang eruption: Volcanic ash in Kota Kinabalu FIR affects multiple air routes, airports
Ruang eruption: Batik Air now cancels flights from KL to Sabah, Sarawak

Others Also Read