Asian stocks turned in a mixed performance on Tuesday as caution prevailed amid a persisted surge in coronavirus cases in several parts of the world and ahead of crucial Senate election runoffs in Georgia that will determine which party controls the U.S. Senate.
China's Shanghai Composite Index rose 25.72 points, or 0.7 percent, to 3,528.68 after the New York Stock Exchange scrapped its decision to delist three big Chinese telecommunication companies. Hong Kong's Hang Seng Index ended up 0.6 percent at 27,649.86.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.