The Hang Seng Index rose as Hong Kong markets expressed relief following the initial agreement between China and the United States in Kuala Lumpur. Investors began to believe that trade relations between the world's two largest economies would be more stable, leading to a return to risk appetite. On Monday morning, the Hang Seng rose around 0.7% to 26,342, while the Hang Seng Tech Index also rallied. Major technology and industrial stocks led the gains: WuXi AppTec surged more than 7%, Chinese chipmaker SMIC rose almost 4%, Baidu rose almost 3%, and Alibaba also rose above 3%. This means that China's technology sector immediately benefited from the possibility of easing tensions between Washington and Beijing.
However, the gains were uneven. Xiaomi shares fell, as did Li Auto, Li Ning, and NetEase. This shows that the euphoria remains selective: the market is willing to invest in stocks deemed to directly benefit from stabilizing trade relations (chips, e-commerce, biotech), but remains cautious in the consumer and EV sectors. For now, the Hong Kong market's mood is essentially this: if Trump and Xi truly continue their "temporary peace" on tariffs and don't escalate tensions further, the Hang Seng still has some breathing room. But all eyes are now on the Trump-Xi meeting this week—that will determine the next direction. (az)
Source: Newsmaker.id
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...
Equities in Hong Kong rose 104 points, or 0.4%, to 25,341 in early trade on Wednesday, rebounding from steep losses in the previous two sessions. Bargain hunting emerged after markets slid to a near f...
The Hang Seng Index fell 393 points, or 1.5%, to 25,217 on Tuesday (December 16), closing at a nearly four-week low and extending the previous session's sharp decline as mainland Chinese stocks slumpe...
Hong Kong shares dropped 371 points, or 1.4%, to 25,258 Tuesday morning's session, extending steep losses from the previous day as all sectors retreated. Risk appetite was burdened by declines in main...
Silver today, December 18, 2025, is still holding in the $65-$66/oz area after recently setting a new record. The market is holding its breath awaiting US inflation (CPI) data. If inflation softens, the chances of a Fed interest rate cut could...
Oil prices rose for a second day as the market reaffirmed a "risk premium" due to geopolitical tensions between Venezuela and Russia. Brent briefly approached $61/barrel before paring gains, while WTI held above $56/barrel. The main triggers were...
The US dollar index fluctuated around 98.4 on Thursday, but remained within the previous session's strengthening zone. The market appeared cautious as investors began to position themselves ahead of the November US CPI release, which is expected to...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...
Stocks fell slightly on Tuesday as traders digested the delayed release of the November's jobs report.
The S&P 500 fell 0.1%, while the Nasdaq...
European stocks opened higher at the start of this week. The Stoxx 600 Index rose around 0.38%, with nearly all sectors and major exchanges trading...