News

Hong Kong auto stocks strengthened, with Xpeng Group (09868.HK) rising by more than 7%, Leapmotor (09863.HK) rising by nearly 5%, and NIO (09866.HK) and Xiaomi Group (01810.HK) following suit.

Japan's 20-year government bond yield rose 2.5 basis points to 3.595%.

In Australia, the seasonally adjusted annual rate of ANZ job advertisements in May was 2%, compared with -1.4% in the previous month.

Australia's seasonally adjusted monthly rate of ANZ job advertisements in May was 1.8%, down from -0.80% in the previous month.

Hong Kong artificial intelligence concept stocks strengthened, with MINIMAX-W (00100.HK) rising by more than 5%, Qunhe Technology (0068.HK) rising by more than 3%, Wuyi Vision (06651.HK) rising by 2.94%, and Biren Technology (06082.HK) rising by 2.19%.

HSI opened down 2.34 points, or 0.01%, to 25180.05 points on June 1 (Monday);Hong Kong's Hang Seng Technology Index opened up 10.71 points, or 0.22%, to 4894.94 points on June 1 (Monday); The state-owned enterprise index opened down 5.93 points, or 0.07%, to 8419.89 points on June 1 (Monday); The red chip index opened down 24.7 points, or 0.56%, to 4359.06 points on June 1 (Monday).

When Hong Kong stocks opened, the Hang Seng Index opened down 0.01%, and the Hang Seng Technology Index opened up 0.22%; Sunny Optical Technology (02382.HK) opened up 3.58%, and Meituan (03690.HK) rose 2.38%.

Fed's Kashkari: Will wait and see until more data is available.

According to Nikkei: Japan plans to invest US$500 million in the US-led Genesis Mission Artificial Intelligence Initiative over five years, becoming the first country to join the project.

According to Nikkei: Japan will participate in the US Trump administration’s “Genesis Mission” AI project to promote scientific research and innovation.

Australia's May TD-MI inflation index recorded a monthly rate of -0.3%, compared with the previous value of 0.60%.

Australia's May TD-MI inflation index annual rate was 4.4%, the previous value was 4.30%.

In his speech accepting the Kennedy Library Foundation award, Federal Reserve Governor Powell did not comment on monetary policy and the economic outlook.

Fed Governor Jerome Powell warned that a politicized Fed would destroy public trust and said the Fed and other institutions were facing "stress tests."

Japan’s May manufacturing PMI final value was 54.5, compared with the previous value of 54.5.

Shares of Japan's Toyota Motor fell 4%.

Australia's S&P/ASX200 index fell 0.3% in early trading to 8,707.20 points.

NI225 opened up 23.67 points on June 1 (Monday), or 0.04%, to 66353.17 points.

Japan's Ministry of Finance: Regular profits of Japanese companies increased by 14.6% year-on-year from January to March.

Japan's corporate capital expenditures in the first quarter were at an annual rate of 0%, compared with the previous value of 6.50%.