S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The Hang Seng Index climbed 1.5%, or 385 points, to 25,692 on Wednesday, reaching its highest level in eight weeks as technology shares extended their gains. Investor sentiment improved as concerns over AI-related valuations eased, while markets positioned ahead of the US Federal Reserve’s policy decision and earnings from major US technology companies. Investor sentiment was also supported by reports that fast-fashion giant Shein is targeting a Hong Kong IPO at a valuation of US$40 billion to US$50 billion, boosting confidence over the city’s capital markets. Meanwhile, renewed geopolitical tensions in the Middle East kept oil prices elevated, fueling concerns over inflation and the interest rate outlook. Despite these headwinds, bargain hunting helped support regional equities, particularly technology shares. Notable movers were Xiaomi (6.65), Li Auto (10.1%), Tencent (1.6%), Z.AI Co. (1.2%), and Meituan (2.0%).
