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%.

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