Hong Kong Stocks Soar
Hong Kong stocks made significant gains on Friday, with the Hang Seng Index (HSI) rising by 0.5% to 16,589.44. Meanwhile, the Nikkei 225 Index of Japanese companies saw a substantial increase of 1.9% to reach 39,910.82.
Market Movements in Different Regions
- China’s Shanghai Composite Index added 0.4% to reach 3,027.02.
- Singapore’s FTSE Straits Times Index declined by 0.3% to 3,132.80.
- Australia’s S&P/ASX 200 Benchmark Index increased by 0.6% to 7,745.60.
Notable Stock Performances
Nikkei 225 Index
- Kawasaki Kisen Kaisha saw the largest increase on Friday, with shares rising by 8.3%.
- Japan Steel Works and Renesas Electronics also experienced significant gains of 6.2% and 5.5%, respectively.
- Sumitomo Pharma witnessed a decline of 2.7%.
Hang Seng Index
- Meituan was the top performer on Friday, recording a notable increase of 10.8%.
- China Unicom (Hong Kong) and Lenovo Group saw their shares rise by 7.0% and 4.8%, respectively.
- New World Development faced a substantial decrease of 6.8%.
Other Market Movements
- Shares of LY and Sapporo Holdings dropped by 2.6% each.
- Wharf Real Estate Invt and Nongfu Spring saw their shares fall by 3.4%.