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date
15/09/2025
Judo Bank's Chief Economist Warren Hogan stated that the Australian August employment report, to be released on Thursday, will be a key factor in the central bank's future decisions. With improving consumer data and some inflation indicators rising, if the unemployment rate starts to decline again, the Reserve Bank of Australia may postpone its planned interest rate cut in November.
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In the morning session, the three major stock indexes in Hong Kong showed a trend of opening lower and then rising. The Hang Seng Tech Index led the gains with a 1.11% increase at midday, hitting a new high. The Hang Seng Index rose by 0.29% and the state-owned enterprise index rose by 0.34%, indicating continued bullish sentiment in the market. On the market front, large technology stocks, seen as market indicators, collectively rose, with Alibaba up by about 3%, NetEase and Xiaomi up by over 1%, and companies like Kuaishou, JD.com, Meituan, and Tencent also posting gains. However, Baidu fell by nearly 2%. Lithium battery stocks saw significant increases driven by multiple positive factors, causing Ningde Times to soar by over 7% and reach a new high. Ganfeng Lithium, AVIC Lithium, and BYD Company followed suit. The Ministry of Industry and Information Technology (MIIT) released a plan to stabilize growth in the automobile industry, while also announcing ongoing optimizations to consumer promotion policies. As a result, automotive stocks collectively rose, with NIO and Ideal Car leading the gains with over 5% increases. Biomedical stocks, coal stocks, brain-computer interface concept stocks, and semiconductor stocks showed mostly active performance. On the other hand, in August, national real estate development investment dropped by 12.9% year-on-year, with personal mortgage loans falling by 10.5%. Real estate stocks collectively weakened, while shares in the film and television industry, heavy machinery, catering, Chinese securities firms, and Macau gambling companies mostly underperformed.
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