The Hang Seng mainland Properties Index ended the week with 6.17% on the news of the recapitalization. In the meantime, Li Auto (2015) rose 7.4% after unveiling His first fully electric SUV.
Despite the stimulus news, technical shares were made in an intense sales pressure when the American rates loomed. The Hang Seng Technologies Index fell 4.97%, with Tech Giants Alibaba (9988) and Baidu (9888) Register weekly losses of 7.94%and 6.7%respectively.
Chinese stock markets on the mainland also finished the week in a negative area, put under pressure due to the prospect of American rates. The CSI 300 and Shanghai Composite Index fell by 2.22% and 1.72% in the week ending on 28 February. However, the hope for new stimulus measures helped to offer some support because investors waited for the next third session of the 14th NPC.
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Raw materials: golden glasses, iron ore plunges, crude oil dips
Commodity markets were confronted with broad sales pressure while the tariff announcements of Trump investors rattle:
- Gold ended his eight -week winning series Despite the fact that he had a new record high of $ 2,956, 2.67% fell to $ 2,858.
- IJzerert prices fell by 5.41% as the fear of a weaker global question sentiment.
- Crude oil fell 0.48%and closed at $ 70.221 in the midst of concern that rates could slow economic growth.
ASX 200 slides like mining stocks sink
The ASX 200 fell by 1.49% a week, which contributed to the decrease of the 3.03% decrease last week. American tariff developments and market reaction to the forward guidelines of Nvidia weighed on sentiment. The S&P/ASX All Technology Index fell 8%in the week.
Main stock movements included:
- Northern Star Resources Ltd. (NST) Fell by 5.45%, put under pressure by gold pricers.
- BHP Group Ltd. (BHP) and Rio Tinto Ltd. (Rio) fell 5.38% and 8.19% respectively, weighed by price losses of iron ore.
- In the meantime, Anz (ANZ) and Commonwealth Bank of Australia (MKBA) closed the week and 3.47% and 3.3% respectively. Falling 10-year-old US Treasury yields have fueled the demand for higher yield from Aussie Bank shares.
Nikkei -Index drops in the midst of Nvidia Selloff, Yen Strength
The Nikkei index extended its weekly losses and fell by 3.55%. Put an NVIDIA-driven global tech sector route and American rates under pressure from Japanese markets.
- Tokyo Electron (8035) and Softbank Group (9984) fell 6.26% and 11.90% respectively.
- Sony Group Corp. (6758) Fell 1.94%, while Nissan Motor Co. (7201) 6.26% tumbled because rates threatened the competitiveness of the Japanese exporters.
The Japanese yen weakened, with the USD/JPY pair rising 0.93% to end the week at 150,609. A weaker Japanese yen usually increases overseas income and business valuations.
Market front views: Important events to view
The first week of March will be a crucial week for Asian markets. Economic data, geopolitics and rates will be points for attention. Important events include:
- American rates: 10% rates for Chinese goods will take effect on March 4. Further escalation in the trade war in the US china could weigh in Asian markets.
- Third session of the 14th NPC: Fresh tariff measures aimed at domestic consumption can offer the stock of Hong Kong and mainland China, much needed support.
- Bank of Japan Policy Stance: A havel -like BoJ policy prospects can cause the power of Yen that influences Japanese shares.
- China Economic Data: PMIs and trade data from the private sector will provide insights into the demand views.
- USD/JPY Trends: Rising Japanese government bond (JGB) proceeds can cause a Yen -Werdroffel that influences risk companies. However, BoJ dies to intervene on the bond markets can illuminate the question of the yen.
Traders must follow macro -economic shifts and policy changes closely to navigate volatile market conditions.