Hong Kong, Korean stocks lead Asia-Pacific gains as Russia-Ukraine situation sees light

By    30 Mar,2022

The situation in Russia and Ukraine has eased and market risk sentiment has been boosted, with Hong Kong and Korean stocks leading Asia-Pacific stock markets higher. Hong Kong's Hang Seng Index rose 1.41%, South Korea's KOSPI index rose 0.25%, Australia's S&P/ASX200 index rose 0.79%, the Shanghai Stock Exchange Index rose 0.5%, the FTSE China A50 index rose 1.19%, Taiwan's weighted index rose 0.92%, only the Nikkei 225 index fell more than 1%.

Russia and Ukraine held a new round of face-to-face talks at the Dolmabahçe Palace in Istanbul, Turkey, on the 29th, which lasted about 3 hours, Xinhua reported. Russian Deputy Defense Minister Fomin said on 29 that the Russian side decided to significantly reduce its military activities in the direction of the Ukrainian capital Kiev and Chernihiv.