Equity markets in Asia closed on a mixed note on Monday amidst sentiment driven both by concerns about China as well as the growing Fed rate cut expectations. A labor market update from the U.S. as well as inflation data from China due in the week added to the anxiety and uncertainty.
China's Shanghai Composite Index slipped 0.3 percent to finish trading at 3,022.91. The day's trading ranged between 3,038.98 and 3,022.35. The Shenzhen Component Index lost 0.6 percent to close at 9,660.44.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.