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Asian stock markets mixed on Thursday, Shanghai Composite shrugs off Huawei sanctions

  • The Asia Dow Index was trading 0.73 lower at 3,222.83.

Asian stock indices were trading mixed on Thursday, oscillating between gains and losses after Washington imposed sanctions against Chinese telecom major, Huawei. At 8.30 AM GMT, the Hang Seng was 0.34 percent higher, Shanghai Composite gained 0.58 percent while India’s Sensex was edging higher with gains of 0.13 percent and Singapore’s FTSE Straits Times Index was up by 0.30 percent. Among the losers, South Korea’s Kospi slid 1.2 percent while the Nikkei 225 was down by close to 0.60 percent.