Asian stocks mostly in negative territory as oil prices slip further [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Stocks in Asia were trading in largely negative territory in the morning as oil prices staged a partial recovery. In the Greater China region, Hong Kong's Hang Seng index fell 0.5 percent. The mainland China markets, which are being closely watched by investors because of the ongoing trade war between Washington and Beijing, were lower in the early hours of trade. The Shanghai composite declined more than 0.4 percent while the Shenzhen composite was lower by 0.2 percent. The moves in China came after the country's industrial output for October came in at 5.9 percent higher than a year ago, above expectations from a Reuters poll. Fixed asset investment for October also came in above expectations at 5.7 percent higher as compared to a year ago. Retail sales in October, however, came in below expectations at 8.6 percent higher year-on-year. In Australia, the ASX 200 slipped more than 1 percent in afternoon trade. The energy subindex declined by more than 3
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