Hong Kong and Japanese Markets Show Mixed Performance

In the Asia-Pacific region, stocks mostly climbed on Wednesday, February 21. The Japanese market experienced a third day of decreases, while shares in Hong Kong showed a positive trend for the second consecutive day.

Hong Kong Market Highlights

  • Hang Seng Index: Increased by 1.6% to 16,503.10

    • Top Performers:
      • Longfor Group Holdings (HK:960): Saw the largest increase with shares up by 9.5%
      • Hang Seng Bank (HK:11): Increased by 9.1%
      • Ping An Insurance (HK:2318): Gained 6.4%
    • Worst Performer:
      • HSBC PLC (HK Reg) (HK:5): Declined by 3.8%
  • Other Movers:

    • Chow Tai Fook Jewellery (HK:1929) and CNOOC (HK:883) declined by 2.0% and 1.3%, respectively

Japanese Market Insights

  • Nikkei 225 Index: Fell by 0.3% to 38,262.16

    • Top Performer:
      • Aozora Bank (JP:8304): Saw the largest increase with a rise of 8.6%
    • Worst Performers:
      • Dowa Holdings (JP:5714): Declined the most with shares dropping by 3.9%
      • SMC (JP:6273) and Dai-ichi Life Holdings (JP:8750) weakened by 2.8% and 2.7%
  • Other Performances:

    • Furukawa Electric (JP:5801) and Resonac Holdings (JP:4004) gained 5.0% and 4.3%, respectively

Regional Roundup

  • Shanghai Composite Index: In China, gained 1.0% to 2,950.96
  • FTSE Straits Times Index: Singapore stocks fell by 0.9% to 3,215.89
  • KOSPI Composite Index: South Korean stocks declined by 0.2% to 2,653.31
  • S&P/ASX 200 Benchmark Index: Australian stocks fell by 0.7% to 7,608.40

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