News

India's Sensex opened flat at 85,533.11 points.

BP expects to receive about $6 billion in net proceeds, sources said.

BP is close to a deal to sell a majority stake in Castrol to Stonepeak for $10 billion.

BP (BP.N) is close to a deal to sell a majority stake in Castrol's lubricants unit to Stonepeak, sources said.

South Korea and the United States plan to negotiate a treaty that would allow South Korea to build nuclear-powered submarines, sources said.

Hong Kong power equipment concept stocks fluctuated and rose. VPower Group (01608.HK) rose more than 7%, and Harbin Electric (01133.HK), Xinyi Solar (00968.HK), Goldwind Technology (02208.HK) and other stocks followed suit.

Hong Kong battery concept stocks rose in the short term. Hongqiao Group (08137.HK) rose by more than 3%, followed by Chaowei Power (00951.HK), Yihuatong (02402.HK), Leoch International (00842.HK) and other stocks.

Syria's foreign and defense ministers met with Russian President Vladimir Putin in Moscow and discussed expanding "strategic cooperation in the military-industrial sector," Syrian state media reported.

Hong Kong dairy stocks fluctuated and rose. Modern Dairy (01117.HK) and China Want Want (00151.HK) both rose by more than 2%. China Shengmu (01432.HK), China Feihe (06186.HK) and other stocks followed suit. CITIC Securities said that the EU’s anti-subsidy ruling has been implemented, which will benefit the substitution of domestically produced dairy products.

Japan's 20-year government bond yield rose 1 basis point to 2.990%.

Japan's 30-year government bond yield rose 2 basis points to 3.445%, a record high.

Hong Kong optical communication concept stocks rebounded, with Cambridge Technology (06166.HK) rising by more than 8%, and stocks such as Hua Hong Semiconductor (01347.HK), YOFC Optical Fiber and Cable (06869.HK), and Convergence Technology (01729.HK) following suit.

Biocyto-B (02315.HK) rose more than 16%. The company was added to the Hong Kong Stock Connect, effective today.

Hong Kong chip stocks rose at the beginning of the session, with Semiconductor Manufacturing International Corporation (00981.HK) rising by more than 5%, Huahong Semiconductor (01347.HK) rising by more than 3%, and stocks such as Tianyu Semiconductor (02658.HK), Shanghai Fudan (01385.HK), and Innosec (02577.HK) following suit.

Sources said the U.S. Coast Guard was waiting for a team of experts to arrive before trying to board the fleeing tanker.

Russian air defense forces shot down a drone heading to Moscow.

Hong Kong smart driving concept stocks strengthened at the beginning of the session, with Tudatong (02665.HK) rising by more than 4%, Youjia Innovation (02431.HK) rising by more than 1%, and Hesai-W (02525.HK), GAC Group (02238.HK), Leapmotor (09863.HK), WeRide-W (00800.HK) and other stocks following suit. On the news, Beijing issued the first batch of special license plates for self-driving vehicles on L3 highways.

Hong Kong stocks opened, with the Hang Seng Index opening up 0.02% and the Hang Seng Technology Index opening up 0.07%; concept stocks such as robotics, smart driving, artificial intelligence, and chips strengthened; SMIC (00981.HK) rose by more than 2%, NetEase-S (09999.HK) rose by more than 1%, and Youjia Innovation (02431.HK) rose by more than 1%.

Japan's two-year government bond yield fell 1.5 basis points to 1.080%.

Market News: A U.S. judge upholds the Trump administration’s decision to impose a $100,000 H-1B visa application fee.