Hong Kong stocks edged higher in Wednesday morning trading. The index rose around 32 points, or 0.1%, to 26,518, attempting to break a downtrend that had lasted four consecutive sessions. This small increase followed gains in US stock futures, although Wall Street just recorded its deepest daily decline since October 10. Global sentiment was again volatile after President Donald Trump revived tariff threats against Europe, sparking concerns about market volatility. Hong Kong's gains were led by technology and consumer stocks, in line with mainland Chinese markets, which also tended to be...
Hong Kong stocks weakened slightly in early trading on Thursday. The Hang Seng Index fell 74 points (-0.3%) to 26,514, reversing the previous session's gains as weakness spread across many sectors. Investor sentiment turned more cautious as the market awaited Hong Kong's December inflation data, which was released today. For example, headline inflation remained at 1.2% in November, while core inflation was also stable at 1%. This data is important because it could influence the market's outlook on consumption and local economic conditions. In addition to inflation, investors are also...
The Nikkei 225 Index climbed 1.73% to close at 53,689, while the broader Topix Index rose 0.74% to 3,616 on Thursday, snapping a five-day losing streak as Japanese shares were lifted by a strong rally in chip and artificial intelligence related stocks. Sentiment was boosted by comments from Nvidia CEO Jensen Huang at the World Economic Forum in Davos, which reinforced investor enthusiasm for the AI theme. Top performers in the technology sector included Kioxia Holdings (8.6%), SoftBank Group (11.6%), Lasertec (5.8%), Disco Corp (17.1%) and Advantest (5%). Meanwhile, Japanese...