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China keeps the benchmark lending rate unchanged.The moves came as local news office Yonhap announced day by day new coronavirus cases in the nation ascending by triple digits for the seventh consecutive day.n Thursday morning trade, Stocks in the Asia Pacific dipped as China kept its benchmark loaning rate on hold.
As local news office Yonhap announced day byday, the moves came with the daily new coronavirus cases in the nation rising by triple digits for the seventh consecutive day.Hang Seng index of Hong Kong additionally dropped 1.52%.
Mainland Chinese stocks dunked in early exchange, with the Shanghai composite down about 0.4% while the Shenzhen segment dipped 0.119%.
The Nikkei 225 slipped 0.73% in Japan while the Topix index shed 0.59%.
The S/ASX 200 declined 0.9% over in Australia.
The MSCI Asia ex-Japan index traded 1.29% lower overall.On Thursday, with the one-year credit prime rate (LPR) kept at 3.85%, China declared no changes to its benchmark loaning rate while the five-year LPR was waiting at 4.65%.