Gloomy on China's stock exchanges

» Published:

Gloomy on China's stock exchanges
Photo: Ng Han Guan/AP/TT

Share this article

The stock exchanges in China began the New Year's Eve trading in a gloomy style after Wall Street backed down due to concern over what 2025 may bring.

In Shanghai and Shenzhen, the composite index had fallen by 0.6 percent and 1.2 percent, respectively, by lunchtime.

From Hong Kong, there was neither a cheer nor a boo when the Hang Seng index hovered around zero. In Tokyo, as well as South Korea, the stock exchange was closed for the holiday.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Novo Nordisk to End Remote Work in 2024

Novo Nordisk to End Remote Work in 2024

Switzerland Suggests Moving Gold Refineries to USA to Lower Tariffs

Switzerland Suggests Moving Gold Refineries to USA to Lower Tariffs

Coercion Law Criticized for Undermining Trust in Social Services

Coercion Law Criticized for Undermining Trust in Social Services

Klarna's Stock Market Debut Attracts Swedish Small Investors

Klarna's Stock Market Debut Attracts Swedish Small Investors

Oil Demand Surpasses Expectations for 2026, Says IEA

Oil Demand Surpasses Expectations for 2026, Says IEA

Stock Market Shows Weak Downward Trend as Rusta Reports Poor Earnings

Stock Market Shows Weak Downward Trend as Rusta Reports Poor Earnings

Swedish Dockworkers' Union and Employers Resolve Dispute with New Agreement

Swedish Dockworkers' Union and Employers Resolve Dispute with New Agreement

Fines Proposed for Parents Refusing Child Welfare Support

Fines Proposed for Parents Refusing Child Welfare Support

Technology Industry Faces Weak Growth, Says Teknikföretagen Report

Technology Industry Faces Weak Growth, Says Teknikföretagen Report

Food Prices Drop for First Time This Year in Sweden

Food Prices Drop for First Time This Year in Sweden

Noba to Join Stockholm Stock Exchange with Existing Shares

Noba to Join Stockholm Stock Exchange with Existing Shares

Rusta Reports Decreased Profit Despite Increased Sales

Rusta Reports Decreased Profit Despite Increased Sales

Sweden's Labor Market Faces Slow Recovery Despite Job Gains

Sweden's Labor Market Faces Slow Recovery Despite Job Gains

Nikkei 225 Hits New Record Amid Wall Street Optimism

Nikkei 225 Hits New Record Amid Wall Street Optimism

Klarna's NYSE Listing Boosts Growth and Talent Attraction

Klarna's NYSE Listing Boosts Growth and Talent Attraction

Oracle Surges 36% on NYSE, Overtakes Klarna's Major Listing

Oracle Surges 36% on NYSE, Overtakes Klarna's Major Listing

Klarna's Stock Surges 30% in Initial New York Trading

Klarna's Stock Surges 30% in Initial New York Trading

Klarna CEO Outlines Strategy to Dominate Global Payment Market

Klarna CEO Outlines Strategy to Dominate Global Payment Market

SEC Challenges Global Sustainability Reporting Standards

SEC Challenges Global Sustainability Reporting Standards

Spotify Introduces High-Resolution Sound for Premium Users

Spotify Introduces High-Resolution Sound for Premium Users