市场快报

Asian equities fall after sell-off in US bank shares

Trouble at Silicon Valley Bank sparked biggest one-day sell-off since beginning of pandemic
Investors wiped $52.4bn off the market value of the four largest US banks by assets on Thursday

Asian equities followed the US sharply lower on Friday, after investors on Wall Street sold off stocks over concerns about the health of the US banking sector.

Hong Kong’s Hang Seng index was down 2.2 per cent, China’s CSI 300 shed 1 per cent, South Korea’s Kospi declined 1.1 per cent and Japan’s Topix lost 1.8 per cent.

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