HANG SENG INDEX (^HSI)
| Previous Close | 17,284.54 |
| Open | 17,336.20 |
| Volume |
| Day's Range | 17,336.20 - 17,758.24 |
| 52 Week Range | 14,794.16 - 20,361.03 |
| Avg. Volume | 2,683,800,755 |
BloombergFed Repricing Gives Rise to New Equities Playbook in Asia
(Bloomberg) -- A higher-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value investment strategies in Asia. Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe Long, Slow Death of Urban NightlifeWall Street Humbled as Fast-Reversing Markets Confound the ProsCorporate reforms in Jap
Barrons.comYen Slumps on Good Day for Asian Stocks
The Japanese yen fell to fresh 34-year lows against the U.S. dollar after the Bank of Japan decided to keep interest rates on hold. The currency briefly spiked to 154.97 per dollar at one point, perhaps in hope that authorities may finally intervene to support the embattled yen. Not only did the BOJ dash hopes that rate hikes may be around the corner, but economic data compounded that assessment.
Yahoo Finance UKWall Street and Europe higher as Google owner crosses $2tn
The Bank of Japan (BoJ) kept its monetary policy unchanged at the conclusion of its two-day meeting.
