Hong Kong stocks gain as China markets buck trend; investors weigh Silicon Valley Bank concerns – CNBC

// Hong Kong’s Hang Seng index rose 1.96%, led by technology stocks, and the Hang Seng Tech index climbed more than 3%. In mainland China, the Shenzhen Component climbed 0.55% to finish at 11,505.02 and the Shanghai Composite was up 1.2% to close at 3,268.7.

In the U.S., markets on Wall Street closed Friday’s session lower and marked its worst week since June as the collapse of Silicon Valley Bank sparked a selloff. Silicon Valley Bank last week was shuttered by regulators, after customers withdrew a staggering $42 billion of deposits by the end of Thursday. https://www.cnbc.com/2023/03/13/asia-markets-silicon-valley-bank-crypto.html //


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