Asian equities decline as tensions in the US and China heat up – the recent Asian market
The markets in South Korea were closed for a holiday.
Asian stocks rose earlier in the week ahead of scheduled trade talks between top US and Chinese traders in Washington on Thursday and Friday. But renewed load between the two sides has overshadowed the discussions.
These moves have made Beijing angry.
Some of the Chinese technology companies on the US blacklist declined on Wednesday. Meiya Pico, a digital forensic firm, plunged 4.6% in Shenzhen after a 1[ads1].6% loss on Tuesday.
IFlytek, a voice recognition software developer, was up about 1.5% in Shenzhen after falling 2.7% on Tuesday.
Both companies have said that the blacklist will not have much effect on their operations.
Surveillance camera manufacturers Hikvision and Dahua Technology, meanwhile, have stopped trading in their shares since Tuesday.
