Shanghai Composite slips to two-month low, Hang Seng slightly higher

China stocks slipped on Monday, as latest policy measures failed to offer any support. Investors were unsettled by higher global interest rates ‌and rising geopolitical tensions. The Shanghai Composite Index, a benchmark of large mainland companies, fell 0.43% to a two-month low. Overall market mood in Asia was slack as Japanese markets were shut for a holiday. In Hong Kong, the Hang Seng index edged up by 0.25%. China?s top securities regulator Wu Qing interacted with market participants on Saturday to hear their suggestions on improving the capital market. Separately, regulators on Friday published draft rules that would lower the threshold for setting up equity mutual funds.

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