The Hang Seng soared 388 points or 1.8% to end at 21,522 on Monday, rising for the third session and notching their highest level since early October amid widespread sector gains.
Concerns about China's deflation notably eased after Sunday's data showed consumer inflation hit a 5-month high due to solid holiday spending. In addition, worries about trade row between China and the US waned, with many traders viewing US tariff threats as negotiation tactics.
The tech index climbed over 2.5% on continued optimism around China's AI tech. Meanwhile, China's three largest telecom operators -- China Mobile, China Unicom, and China Telecom -- said they were working with DeepSeek.
Locally, the HKMA said it will bid out CNY 1.5 billion in a two-year govt. bonds beginning Feb. 13, carrying an interest rate of 2.04% per year. Meitu, an online advertising, jumped 3.9% on a robust earnings outlook. Other top performers included Meituan (5.4%), Xiaomi Corp. (3.1%), and Semicon Manufacturing (2.5%).
Source: Trading Economics
The Hang Seng Index plunged 376 points, or 1.4%, to close at 25,907 on Friday, marking its third consecutive session of decline amid widespread declines across sectors. Market sentiment weakened after...
The Hang Seng Index opened slightly lower by 0.07% to 26,263 on Friday (October 31st), moving flat after a 0.2% decline in the previous session to 26,283. This cautious movement occurred amid mixed se...
The Hang Seng Index fell 63 points, or 0.2%, to 26,283 on Thursday (October 30th), reversing early gains and marking its second consecutive session of declines. Sentiment turned cautious despite China...
The Hang Seng Index rose 0.4% to 26,455.74 on Thursday (October 30th), marking a three-week high. The rise was driven by expectations of a deal at the Xi–Trump meeting and positive sentiment after the...
The Hang Seng fell 87 points, or 0.3%, to finish at 26,346 on Tuesday, reversing three consecutive sessions of gains as U.S. futures pointed to a lower open on Wall Street following Monday's rally. Ma...
The Euro (EUR) weakens further against the US Dollar (USD) on Friday, with EUR/USD slipping to a three-month low. The pair remains under pressure as the Greenback draws support from the Federal Reserve's (Fed) hawkish tone after delivering a widely...
The Nasdaq Composite rose 0.7% and the S&P 500 gained 0.3% on Friday, led by a 10.8% surge in Amazon shares after the company said cloud revenue climbed 20% in the third quarter and beat estimates, lifting tech names broadly. The Dow traded up...
Harga emas terus mengalami penurunan tajam pada hari ini, diperdagangkan di sekitar $3.983. Pergerakan ini terjadi karena beberapa faktor utama yang mempengaruhi pasar. Salah satunya adalah penguatan dolar AS yang terus bertahan di level tinggi....
The European Central Bank (ECB) announced on Thursday (October 30th) that it kept its key interest rates unchanged after its October policy meeting,...
Asia-Pacific markets opened mostly higher on Friday, with Japan's Nikkei 225 rising more than 1% to a new record, as investors reacted positively to...
Stocks were lower Thursday as investors digested a batch of Big Tech earnings, while a meeting between President Donald Trump and Chinese President...
Both the STOXX 50 and STOXX 600 closed 0.2% lower on Thursday as investors weighed central bank actions, corporate earnings, and mixed economic...