© Reuters. Asian stocks closed: Hang Seng Index closed up 1.6%, leading the Asia-Pacific Meituan Dianping stock price hit a record high
British financial situation Investing.com - On Monday, boosted by the further improvement of the macro environment, Asian stock markets rose generally, of which Hang Seng Index rose about 1.6%, leading the Asia-Pacific html. Shanghai and Shenzhen stock markets closed slightly, and Japanese stock markets closed due to holidays.
A shares: The market closed slightly higher, with airline stocks leading the rise
Mainland China stock market opened slightly higher and then consolidated at high levels. As of the close, the Shanghai Composite Index rose 0.58% to close at 2975.49 points; the Shenzhen Component Index rose 0.67% to close at 9868.13 points; FTSE China A50 Index rose 0.66% to close at 14,257.67 points.
Air transport, medical equipment, hotel and other sectors ranked among the top gainers, while catering, plastics, aviation equipment and other sectors ranked among the top declines. Among them, air transport stocks mainly benefited from the strengthening of the RMB, with an increase of 4.40%.
In addition, Chairman of the China Securities Regulatory Commission Yi Huiman said in an interview a few days ago that the rules for spin-off and listing of listed companies should be issued as soon as possible, the amendment of the Securities Law, the supply of the rule of law in the capital market and the protection of investors, the transformation of the functions of the China Securities Regulatory Commission, and further streamline administration and delegate power.
Hong Kong and Taiwan Stock Markets: Measures to benefit Taiwan are introduced, and the Taiwan stock market continues to hit a 29-year high
Hong Kong Hang Seng Index opened high and fluctuated at a high level, up 1.65% as of the closing, at 27,547.30 points.
Meituan Dianping (HK:3690) rose 4.90%, closing at HK$98.40, a record high, with a market value exceeding HK$570 billion. Previously, Credit Suisse raised the target price of Meituan from HK$85 to HK$115, with a rating of "outperforming the market". Credit Suisse expects Meituan’s delivery business to grow by about 36% year-on-year in the third quarter, and coupled with the continued improvement in profitability, the quarterly results will grow strongly during the period.
Tencent Holdings (HK:0700) rose 1.87% to close at HK$327.60, a two-week high.
Taiwan Weighted Index rose 1.38% to close at 11,556.85 points, continuing to hit a 29-year high. Among them, TSMC (TW: 2330) rose 2.68%, Hon Hai (TW: 2317) rose 4.95%, and Daliguang (TW: 3008) rose 2.47%. It was reported that US companies will "soon" obtain permission to sell parts to China's Huawei .
In addition, according to Xinhua News Agency , the Taiwan Affairs Office of the State Council of China and the National Development and Reform Commission issued the "Several Measures on Further Promoting Cross-Strait Economic and Cultural Exchange and Cooperation", including Taiwanese-funded enterprises participating in the investment and construction of major technical equipment, 5G, circular economy, civil aviation, theme parks, new financial organizations, etc., and enjoying financing, trade relief, export credit insurance, import and export convenience, and standard formulation.
Japan, South Korea, Australia: South Korea's stock market hit a 4-month high, and the Australian resource sector led the rise in
. In other Asian markets, the market information of the British-Week Financial Information Investing.com showed that the South Korean KOSPI index rose 1.43%, closing at 2,130.24 points, a 4-month high, mainly boosted by optimism about the macro environment, with Samsung Electronics (KS:005930) rising 2.15%, and SK Hynix (KS:000660) rising 1.93%.
Australia SP/ASX200 index rose 0.27% to close at 6,686.90 points, with natural resources leading the gains, with BHP (ASX:BHP) up 2.2%, and Rio Tinto Ltd (ASX:RIO) up 3.5%.
However, the decline in bank stocks has suppressed the market's gains, after the financial report released by Australia's second largest bank Westpac (ASX:WBC), showed that its full-year profit fell by 15%, mainly due to the severe domestic economic situation in Australia. Data released by
today shows that Australia's total recruitment advertising monthly rate fell by 1% after the October season adjustment, hitting a new low of two and a half years.
Japanese stock market is closed due to holidays.
