Global shares rise, China falls after tough talk from Xi

Global shares are mostly higher, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its centenary with tough talk by President Xi Jinping

TOKYO -- Global shares were mostly higher Friday, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its centenary with tough talk by President Xi Jinping. France's CAC 40 edged down nearly 0.1% to 6,548.52. German's DAX gained 0.2% to 15,629.70. Britain's FTSE 100 edged up 0.1% to 7,134.65. The future for the Dow industrials was virtually unchanged at 34,511.0, and the S&P 500 future edged up less than 0.1%. Japan’s benchmark Nikkei 225 added 0.3% to finish at 28,783.28. South Korea’s Kospi was little changed, inching down less than 0.1% to 3,281.78. Australia’s S&P/ASX 200 gained 0.6% to 7,308.60. But Hong Kong’s Hang Seng dropped 1.8% to 28,310.42, while the Shanghai Composite was also down nearly 2% at 3,518.76. In his speech, Xi warned that anyone who tries to bully China “will face broken heads and bloodshed.”