Asian stock markets traded mixed on Tuesday after the Reserve Bank of Australia announced it will raise interest rates by 50 basis points in September this year to stand at 2.35%.
In mainland China, the Shanghai Composite increased by 1.05% at 7:05 am CET, with the Shenzhen Composite up by 0.72% a minute later. At 7:04 am CET, Hong Kong's Hang Seng dropped by 0.45%, as the dollar increased by 0.20% against the yen, going for 140.8995.
South Korea's Kospi Composite added 0.11% at 7:03 am CET, as Australian S&P/ASX 200 went down by 0.15% at the same time. Japan's Nikkei 225 was up by 0.07% at 7:03 am CET.
