Most Asian stocks dipped Monday as China’s regulatory curbs and the risk of a slower recovery from the pandemic amid elevated inflation sapped sentiment.
A Hong Kong gauge of Chinese technology stocks slid after a report that officials are seeking to break up Ant Group Co.’s Alipay and create a separate app for its loan business. Soho China Ltd. tumbled in Hong Kong trading after a $3 billion takeover by Blackstone Group Inc. collapsed. China’s overall stock market fluctuated, while Japan was modestly lower.
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September 13, 2021 at 04:57AM
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Stock Market Today: Dow, S&P Live Updates for Sept 13 - Bloomberg
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