As of January 28, Nikkei 225 index fell by 0.94% resulted from profit realizations. In addition, the concerns about some company earnings such as Fanuc Corp and Advantest Corp. also affected the markets adversely.
Hang Seng Index and Shanghai Composite Index in Hong Kong rose by 0.39% and 2.4%, respectively. The following news moved the China’s stock markets to 7-month highs:
- Rally in U.S. markets provided by company-earnings results;
- Optimism about Chinese companies’ earnings resulted from the increasing profits of industrials in December;
- New regulations for margin-trading in China’s stock markets.