SHANGHAI (Reuters) – China’s stock market closed lower on Thursday, tracking a selloff in global equities after Russia attacked Ukraine after Russian President Vladimir Putin authorized what he called a special military operation.
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, dropped 2.03%, while the Shanghai index dropped 1.7%.
Russian forces fired missiles at several Ukrainian cities and brought troops to the country’s southern coast on Thursday, officials and media said.
China reiterated its call for all parties involved in the situation in Ukraine to exercise restraint and rejected the claim made by a foreign journalist that Russia’s actions are an invasion.
“Asian equity markets in general posted significant losses today, and the worsening situation in Ukraine has further impacted financial markets,” said Kenny Ng, strategist at China Everbright Securities International.
. In TOKYO, the Nikkei index fell 1.81% to 25,970 points.
. In HONG KONG, the HANG SENG index fell 3.21% to 22,901 points.
. In SHANGHAI, the SSEC index lost 1.70% to 3,429 points.
. The CSI300 index, which brings together the largest companies listed in SHANGHAI and SHENZHEN, dropped 2.03% to 4,529 points.
. In SEOUL, the KOSPI index had a devaluation of 2.60%, to 2,648 points.
. In TAIWAN, the TAIEX index registered a drop of 2.55%, to 17,594 points.
. In SINGAPORE, the STRAITS TIMES index fell by 3.45% to 3,276 points.
. In SYDNEY, the S&P/ASX 200 index fell 2.99% to 6,990 points.
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