Asian shares were mostly lower Monday after Wall Street ended last week lower as investors continue to watch for what may be in store for U.S. interest rates. In Shanghai, the STAR market, a Nasdaq-style board of 25 tech companies, began trading. Shares surged in early trading, thanks to massive over subscription in IPO shares by retail investors. Trading in the new market is expected to be volatile in the early going. “Initially, there could be trading imbalances between supply and demand, and the market should look at fluctuations in a reasonable way,” Liu Ti, deputy general manager of the Shanghai Stock Exchange, said recently, according to Reuters.
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