Hong Kong shares were little changed on Thursday morning, holding near 25,174 after a modest gain in the previous session. Investors digested minutes from the latest FOMC meeting, which struck a hawkish tone amid lingering inflation risks.
Meanwhile, U.S. President Trump reportedly called on Fed Governor Lisa Cook to resign over allegations of providing false information to secure favorable mortgage terms. In China, equities extended gains as funds rotated into stocks despite ongoing U.S. trade tensions, while Beijing pressed ahead with curbs on excessive competition.
Sector performance was mixed, with strength in property and financials offsetting weakness in technology and consumer names. Among notable movers, Baidu slipped 2.6% after a revenue miss, while Zhejiang Leapmotor (-3.3%), Trip.com (-1.7%), and Techtronic Industries (-1.3%) also declined. On the upside, H World Group (6.3%), China Hongqiao Group (2.5%), and China Unicom (2.2%) posted solid advances.
Source: Trading Economics
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