Asian stock markets rise driven by optimism over AI and US-China trade talks
According to CNA Business, Asian stock markets mostly rose as investors were buoyed by demand for artificial intelligence technology and positive signals from US-China trade talks, with lawmakers discussing an AI dialogue. Hong Kong, Shanghai, and Korea advanced while Tokyo was closed; meanwhile, oil remained around $100 a barrel amid supply concerns.
Key facts
- 01Hong Kong’s main index rose 1.2%
- 02Shanghai rose 1%
- 03South Korea’s benchmark rose 1.7%
- 04Bank of Japan raised rates by 25 basis points to 1.25%
- 05Oil prices around $100 a barrel
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How each country tells it
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Sources
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- Asia stocks rise on AI, US-China trade talks optimism · CNA Business