Asian markets mixed as recovery fears offset optimism ...Qatar

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Asian markets mixed as recovery fears offset optimism
Asian markets were mixed Thursday, with fresh fears about China’s crackdown on tech firms offsetting optimism about the global recovery outlook and easing Covid fears. While Wall Street provided a tepid lead, the day got off to a good start with equities extending a recent rally as investors prepared themselves for the release of key US jobs data. But sentiment was given a jolt after news emerged that Chinese regulators had summoned ride-hailing giant Didi Chuxing and ten other car platforms to give them a dressing down in the latest move against tech firms it sees as gaining too much power. Officials demanded the firms, which also included the ride-hailing arm of major services app Meituan

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