Asia shares slip as investors ready for end of 2021

Published by
Reuters UK

By Scott Murdoch HONG KONG (Reuters) – Asian stocks slipped on Wednesday, following a mixed Wall Street session as the region’s investors positioned their portfolios for the new year and grappled with increasing global numbers of Omicron coronavirus cases. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.3%, after six sessions of gains, following volatile U.S. trade. There were losses in Hong Kong, down 0.99% and hurt by declines in mainland tech stocks while Chinese blue chips shed 1.4%. In China, the city of Xian entered its seventh day of lockdown on Wednesday after it repo…

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