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    Stock market: Asia positive with Biden, Chinese lists are doing well

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    (ANSA) – MILAN, MAY 11 – The idea of ​​US President Biden to cancel US tariffs on Chinese products to fight inflation, thus helping the Fed’s policies, has given a generally positive boost to the Asian and delta area exchanges. Pacific.

    The healthiest equity markets were the Chinese ones with Shenzhen showing a rise of 2.6% at the end and Shanghai up by almost two percentage points. Hong Kong also did very well (+ 1.8%), where the index of technology stocks in the course of trading increased by even more than 6%. Tokyo is more cautious (Nikkei 225 index + 0.2%), with Seoul flat in the main index and Sydney up by 0.1%.

    Even with strong oil on the electronic markets, futures on the start of European lists are generally positive. (HANDLE).

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    Source: Ansa

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