SINGAPORE — Shares in Asia were mixed in Monday morning trade as trading in 2022 kicked off, with some major markets in the region closed.
Hong Kong’s Hang Seng index shed earlier gains and fell into negative territory, declining 0.21%.
Trading in the shares and structured products of debt-ridden Chinese developer China Evergrande Group was halted in Hong Kong on Monday, according to an exchange notice. No immediate reason was given for the halt.
Over in Southeast Asia, the Straits Times index climbed 0.31%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.05% lower.
Markets in Australia, mainland China and Japan are closed on Monday for a holiday.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 95.809 after recently falling from above 95.7.
The Japanese yen traded at 115.24 per dollar, weaker than levels below 114.6 seen against the greenback last week. The Australian dollar was at $0.725, still above levels below $0.722 seen in the previous trading week.