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 China's stock market amid reports that ByteDance had reached an agreement with three major investors to form a joint venture to operate the TikTok app in the US, aiming to avoid a potential ban. Hopes for fresh stimulus from Beijing before the end of the year also supported the market, while traders awaited the upcoming People's Bank of China (PBOC) interest rate decision. Man Wah Holdings...
European stocks traded higher on Monday, with the STOXX 50 up 1.4% and the STOXX 600 gaining 1.1%, tracking global optimism that the longest US government shutdown may soon end. Sentiment improved after eight Democrats joined nearly all Republican senators to advance a bipartisan deal, passed 60–40, that would reopen the federal government and fund it through the end of January. Corporate news also lifted sentiment. Novo Nordisk rose 2.7% after dropping its bid for weight-loss drugmaker Metsera. ASML (+2.7%), LVMH (+1.4%), SAP (+1.7%), and Siemens (+2.5%) posted strong gains, while Diageo...
The Hang Seng surged 407 points, or 1.6%, to close at 26,649 on Monday, rebounding from losses in the prior session as global equities advanced after the U.S. Senate reportedly moved forward with a measure to reopen the government and end a 40-day shutdown. All sectors rallied, led by consumer and technology shares, after mainland markets hit a decade-high amid signs that producer price deflation eased in October and consumer prices turned positive for the first time since February. Sentiment also improved after Beijing signaled it would ease pressure on the global auto industry following...
Japanese stocks closed higher on Monday, supported by gains in technology and energy shares. The Nikkei 225 index rose 0.9% to close at 50,725.80, continuing its positive trend as a weaker yen boosted Japan's export prospects. NEC shares rose 2.7%, while energy company Inpex rose 2.3%. The Nikkei's rise was also driven by optimism regarding the Japanese corporate earnings season. Investors awaited the upcoming results from major companies such as Sumitomo Metal Mining and Subaru Corp. Expectations that these companies would post solid earnings boosted market confidence. However, not all...
Hong Kong stocks rose on Monday morning (November 10, 2025) after data showed Chinese consumer prices rose 0.2% year-on-year in October—the highest increase since January. This news fueled hopes that deflationary pressures in the world's second-largest economy are easing. The Hang Seng Index rose 0.5% to 26,375, while the Hang Seng Tech Index edged down 0.2%. The gains were led by Pop Mart, which surged nearly 5%, followed by ZTO Express and New Oriental, which each rose 2.7%. However, some of the gains were offset by declines in Lenovo and SMIC. Analysts believe the surge in inflation was...
Global stock markets rallied at the start of the week amid growing optimism that the US government shutdown will soon end. S&P 500 futures rose 0.5%, while the Nasdaq 100 gained 0.8%, after Senate Republican leader John Thune said a deal to end the 40-day shutdown was "taking shape." Several Democratic senators were reportedly ready to support the bill if final details could be agreed upon. Positive sentiment was also evident in Asian markets, with South Korean stocks leading the gains. Meanwhile, US Treasury yields rose to 4.12% as investors shifted to riskier assets, while the...