News

The Hang Seng Index (HSI) closed up 240.22 points, or 1.0%, at 24280.56 on Tuesday, October 6th; the Hang Seng Tech Index closed up 39.4 points, or 0.94%, at 4223.08 on Tuesday, October 6th; the Hang Seng China Enterprises Index closed up 77.3 points, or 0.96%, at 8128.97 on Tuesday, October 6th; and the Hang Seng Red Chip Index closed up 8.03 points, or 0.2%, at 3998.64 on Tuesday, October 6th.

French far-right leader Marine Le Pen: Seeking to achieve €140 billion in savings by 2032 (compared to 2026).

The Indian government announced that the Ministry of Defence has signed a contract worth 6.61 billion rupees to procure the BrahMos fire control system and its launching devices.

Marine Le Pen, the far-right leader of France, said that if France does not make the right choice, it may lose its financial autonomy.

Hong Kong stocks closed higher, with the Hang Seng Index rising 1% and the Hang Seng Tech Index rising 0.94%. Zhipu (02513.HK) closed up 7.59% and Baidu (09888.HK) closed up more than 3%.

Market news: Marine Le Pen, the far-right leader of France, said she plans to reduce France's deficit to below 3% by 2032 at the latest.

The French Foreign Minister stated that France will provide an additional 7 million euros to combat the Ebola outbreak in the Democratic Republic of Congo.

The CEO of Statoil stated that the company has no plans to return to Venezuela.

The French Foreign Minister stated that France will allocate an additional 3 million euros to aid the people of Yemen, bringing the country's total aid to over 7 million euros in 2026.

ECB Governing Council member Rehn: We have not yet seen inflation spread to non-energy prices or wages.

ECB Governing Council member Rehn: High long-term interest rates are causing economic growth to slow and weakening the transmission effect of energy prices to other prices and wages.

The UK's communications regulator, OFCOM, has launched an investigation into whether Meta Platforms (META.O) failed to comply with its responsibilities under the UK's Safe Online Act. The investigation focuses on whether Meta failed to assess the risks to children and illegal content before launching its messaging feature on Instagram.

The CEO of Statoil stated that the company is working closely with Norwegian authorities and NATO to protect gas pipelines and understand network risks.

The CEO of Statoil (Norway): We are observing a growing willingness to sign long-term gas contracts. Some European gas customers have already signed contracts with validity periods extending into the 2040s.

The relevant association stated that German refined sugar production is expected to decline by approximately 25% this season.

Germany's construction PMI for September was 43.5, down from 48.7 in the previous month.

LSEG data shows that the French off-exchange baseload electricity price fell 7.1% to €186 per megawatt-hour.

Four sources revealed that if Israel carries out its order to close the British consulate, Britain is likely to expel Israeli diplomats.

LSEG data shows that the off-exchange base-load electricity price in Germany fell by 10.1% to €189 per megawatt-hour.

The yield spread between French 10-year government bonds and German bonds of the same maturity narrowed to 135 basis points.