Panoramic view of the Hong Kong skyline in Hong Kong on Saturday, May 22, 2021.
Noor Photos | Noor Photos | Getty Images
Asia-Pacific markets opened higher on Wednesday, while Hong Kong futures Hang Seng Index It is recommended that the index rise by 4% when trading begins.
Hang Seng Index futures were quoted at 19,763 points, while the index’s last closing price was 19,000 points.
Chinese markets rose yesterday, with the Hang Seng notching its best daily gain in seven months and mainland China’s CSI 300 notching its biggest daily gain in more than four years, after the People’s Bank of China announced a slew of economic support measures. .
Investors will focus on Australia’s inflation data on Wednesday, with economists polled by Reuters saying consumer prices are expected to rise 2.7% annually.
Australia’s S&P/ASX 200 index rose 0.25%, rebounding from two days of losses.
Japanese Nikkei 225 Index rose 0.14%, but the Topix fell 0.17%.
South Korea’s Kospi rose 0.42% and the small-cap Kosdaq gained 0.51%. Wednesday Korea Announcement of “Korea Value Rise Index” Trading will begin on September 30th.
The index will consist of 100 companies, with IT and industrial stocks accounting for more than 40% of the index.
In the U.S. stock market overnight, the S&P 500 index rose 0.25% to 5,732.93 points on Tuesday, setting a new high; the blue-chip Dow Jones Industrial Average rose 0.2% to close at 42,208.22 points, setting a new record.
The Nasdaq Composite rose 0.56%, driven by shares of chipmaker Nvidia.
Shares of artificial intelligence darling Nvidia rose nearly 4% after regulatory filings showed Chief Executive Jensen Huang had temporarily ended a sale of shares in the chipmaker.
—CNBC’s Brian Evans and Hakyung Kim contributed to this report.
About The Author
