News

Hong Kong stocks opened higher and continued to rise, with the Hang Seng Index up more than 1% in the morning session and the Hang Seng Tech Index up 1.62%.

The Hang Seng Index (HSI) opened 186.56 points higher, or 0.74%, at 25303.41 on Monday, August 17th; the Hang Seng Tech Index opened 53.58 points higher, or 1.14%, at 4761.2; the Hang Seng China Enterprises Index opened 71.04 points higher, or 0.85%, at 8411.87; and the Hang Seng Red Chip Index opened 18.92 points higher, or 0.46%, at 4151.61 on Monday, August 17th.

Hong Kong stocks opened higher, with the Hang Seng Index up 0.74% and the Tech Index up 1.14%. Gold and chip stocks generally rose. SenseTime (00020.HK) jumped over 7%, while Zijin Mining International (02259.HK) and JD.com (09618.HK) rose over 3%.

The yield on Japan's 30-year government bonds rose 3.5 basis points to 4.045%.

The yield on Japan's 40-year government bonds rose 3.5 basis points to 4.110%.

The yield on Japan's 2-year government bonds rose 1.5 basis points to 1.665%. The yield on Japan's 5-year government bonds rose 2.0 basis points to 2.155%.

Australia's S&P/ASX 200 index opened down 34.80 points, or 0.38%, at 9080.40 on Monday, August 17.

On Monday, August 17, the NI225 opened 115.75 points higher, or 0.17%, at 68,829.55.

Japan's preliminary GDP deflator for the second quarter was 2.6% year-on-year, compared to 3.20% in the previous quarter.

Japan's nominal GDP grew at a preliminary rate of 1.2% quarter-on-quarter in the second quarter, compared with 0.60% in the previous quarter.

Japan's second-quarter real GDP annualized quarterly growth rate was 1.1%, below the expected 2% and the previous value was revised from 1.80% to 1.9%.

Japan's second-quarter GDP growth rate for corporate spending was -1.2% quarter-on-quarter, compared to a forecast of 0.4% and a revised previous reading of -1% (from -0.70%).

Japan's second-quarter real GDP growth rate was 0.3% (preliminary estimate), below the expected 0.50% and the previous value of 0.50%.

The UK's Rightmove average asking price index for houses fell 1% year-on-year in August, compared to -0.40% previously.

The UK's Rightmove average asking price index fell 2% month-on-month in August, compared to -1.00% previously.

New Zealand's food price index rose 1.9% year-on-year in July, down from 2.5% previously.

New Zealand's food price index rose 0.1% month-on-month in July, compared with 0.60% previously.

New Zealand's services performance index for July was 50.6, unchanged from the previous month.

Nasdaq futures opened 0.1% higher on Monday.

US President Trump: I am unhappy that the United States agreed to conduct joint military exercises with South Korea a long time ago. I have instructed Secretary of War Hergsays to significantly reduce joint military exercises.