Asia shares wobble while bitcoin and gold rally

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SINGAPORE: Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Hong Kong stocks, but bitcoin scaled a three-month peak as "Trump trades" continued to ramp up.

"We might have to wait until late October or early November for concrete plans from the Standing Committee meeting of the National People's Congress," said Chaoping Zhu, global market strategist at J.P.

The Beijing Stock Exchange 50 Index jumped 14% to a record high, after the bourse said on Sunday it would help small- and medium-sized tech companies with training and access to finance so they can list.

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Category: EconomyBusiness

Markets: MalaysiaChinaHong KongJapanSingapore

Topics: Asia Markets /Business/Business News Equities Stocks Trading Commodities

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 13:52:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 699 words

Reading Time: 4 minutes read

Sentences: 29 lines

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News ID: 23147597

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