Märkte Asien: Asiens Börsen treten auf der Stelle – Ölpreise geben nach
Die Investoren in Asien lassen die Woche ruhig angehen. Während die Märkte in Japan geschlossen bleiben, halten sich die Investoren an den übrigen Handelsplätzen zurück.
Sydney, Tokyo and Hong Kong - Asian stock markets barely moved at the opening of the week, amid US reporting season and geopolitical uncertainties. Shanghai's bourse remained almost unchanged at 3,810 points on Monday. The Shanghai and Shenzhen indices fell by 0.1 percent to 4,312 points. Japanese markets were closed due to the weekend.
Investors on other Asian trading floors remained cautious as they awaited the release of major US inflation data in the coming week. In China, the focus was on tech giant Tencent, which plans to issue US Dollar and offshore Yuan bonds to secure fresh capital. Global tech companies are currently using the bond market to finance massive investments in Artificial Intelligence (AI), but this is raising concerns about rising financing costs.
My Bui, an economist at AMP asset management, noted that the wider spreads indicate investors are questioning whether AI revenues can keep up with increasing credit costs. Issuing corporate bonds will drive up costs in the coming years. TSMC, the world's largest chip contract manufacturer, was expected to report its sixth consecutive record quarter on Thursday.
Asian energy stocks suffered on Monday due to falling oil prices, triggered by surprising political moves from Washington. US President Donald Trump announced an energy arms truce between Russia and Ukraine and new Russian diesel deliveries during the weekend. These geopolitical developments alleviated concerns over supply bottlenecks and eased pressure on Asian energy markets, as investors now wait to see the actual implementation of the plans. Tech stocks recovered after new AI anxiety - Wall Street closes in the plus.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.