On June 17, 2024, workers at the resettlement housing construction site in Huai’an City, Jiangsu Province, China.
Chief Photography | Future Publishing | Getty Images
Asia-Pacific markets opened mixed as investors awaited preferential rates on one- and five-year loans from China.
The one-year prime rate is the benchmark for most business and home loans, while the five-year rate is the peg for real estate mortgages. one year The current LPR is The 5-year LPR is 3.95%, while the 5-year LPR is 3.45%.
Earlier this week, the People’s Bank of China maintained its one-year medium term lending facility The interest rate is stable at 2.5%.
South Korea’s Kospi rose 0.06%, while the small-cap Costa Index edged up 0.04%.
Japan’s Nikkei 225 Index The Topix opened down 0.28% and 0.12% respectively.
Australia’s S&P/ASX 200 index fell slightly.
new zealand economy Escape from the tech recessionThe first three months of this year grew by 0.2% from the previous quarter, exceeding the 0.1% growth expected by a Reuters poll. An increase of 0.2% compared with the same period last year.
Hong Kong’s Hang Seng Index The futures index was at 18,391 points, lower than the Hang Seng Index’s last closing point of 18,430.39 points.
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