Shares in Hong Kong added 33 points or 0.1% to 23,813 in a volatile trading session on Wednesday morning after a muted close the day before. A modest rise in US futures supported sentiment after a weak day on Wall Street overnight ahead of CPI prints later today.
Traders also digested reports that Ukraine had agreed to an immediate 30-day ceasefire with Russia during talks with the U.S. in Saudi Arabia. In China, the annual parliamentary gathering concluded Tuesday, approving the central budget for 2025 and adopting a resolution on the 2024 work. Further gains were tempered, however, by uncertainty surrounding U.S. President Donald Trump's tariff policies and fears of recession in the world's largest economy.
Alibaba Hlds. surged almost 5%, boosted by a partnership deal with China's Manus AI. Other movers included Miniso Group (8.1%), China State Construction (3.0%), and SITC Intl. (2.8%). Conversely, Prada Spa tumbled (-8.0%), alongside ZTO Express (-4.6%), and Shenzhou Intl. (-2.8%).
Source: Trading Economics
The Hang Seng Index rose 192 points, or 0.75%, to end at 25,690 on Friday, extending its gains for a third session as all major sectors advanced. Sentiment was boosted by continued gains in mainland C...
Hong Kong stocks rose 150 points, or 0.6%, to 25,649 in early trading on Friday, maintaining gains for the third straight session amid broad-based strength across sectors. Sentiment was lifted by a st...
The Hang Seng Index rose 29 points, or 0.1%, to close at 25,498 on Thursday (December 18), reversing early losses, led by gains primarily from the financial sector. Sentiment improved as mainland Chin...
Hong Kong stocks fell 53 points, or 0.2%, to 25,416 in Thursday morning trading, reversing the previous session's gains after Wall Street closed significantly lower overnight due to lingering concerns...
The Hang Seng Index rose 233 points, or 0.9%, to close at 25,469 on Wednesday (December 17), ending two consecutive sessions of sharp declines as gains spread across all sectors. The index rebounded f...
US stocks closed sharply higher on a triple-witching Friday, with the S&P 500 rising 0,9%, the Nasdaq 100 gaining 1.4%, and the Dow Jones adding more than 180 points, extending gains from the previous session as technology stocks...
European equities closed higher on Friday, with the STOXX 50 up 0.6% and the STOXX 600 rising 0.4% to a fresh record, boosted by expectations of further Fed rate cuts next year and fading bets that the ECB will raise borrowing costs in...
Gold (XAU/USD) Gold (XAU/USD) regains ground on Friday, edging modestly higher after earlier weakness, even as a resilient US Dollar (USD) caps upside momentum. At the time of writing, XAU/USD trades around $4,345, recovering from a daily low near...
The Bank of Japan (BOJ) is expected to raise interest rates on Friday to a three-decade high, from 0.5% to 0.75%, signaling readiness for further...
European stocks finished in positive territory on Thursday as traders positioned for central bank decisions today.
The pan-European Stoxx 600 was...
Goldman Sachs sees gold prices climbing 14% to $4,900 per ounce by December 2026 in its base case, it said in a note on Thursday, while citing...
Japan's annual inflation rate edged down to 2.9% in November 2025 from October's 3-month high of 3.0%. Core inflation stood at 3.0%, keeping the...