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Trend of Chinese stock exchanges and news in the payment sector

Trend of the Chinese stock exchanges

Chinese stock exchanges closed the trading day with mixed results, highlighting a climate of caution among investors. The Shanghai Composite Index fell slightly by 0.11%, closing at 3,263.76 points. This sign of weakness was accompanied by an increase in the Shenzhen index, which saw an increase of 0.41%, reaching 1,974.89 points. These fluctuations are indicative of a market that is facing economic and political uncertainties, with investors
remaining cautious in their choices.

Hong Kong’s negative trend

The Hong Kong stock market followed a negative trend, with the Hang Seng Index falling by 0.41%, stopping at 19,150.99 points. This decline was influenced by various factors, including concerns about China’s economic growth and geopolitical tensions in the region. Investors are closely monitoring economic and political news, looking for signs that may indicate a stabilization of the market. The caution is palpable, and many analysts predict that Chinese stock markets will continue to show volatility in the near term
.

News in the payment sector: the launch of Revolut Terminal

In a context of economic uncertainty, positive news comes from the payments sector. Revolut recently launched its new POS device, the Revolut Terminal, in Italy, making it the third European market to receive this product, after the United Kingdom and Ireland. This terminal promises to revolutionize the way businesses manage payments, offering speed and reliability. With a platform uptime of 99.99% and always-on connections, the Revolut Terminal is proposed as an innovative solution for small and medium-sized businesses looking to optimize their payment transactions. The availability of this device in Italy represents a significant step for Revolut, which continues to expand its presence in the European market
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