Japan's Nikkei 225 index rose 1.35% to 49,299.12 points. In China, Hong Kong's Hang Seng index gained 0.7% to 25,139 points, and Shanghai's Shanghai Composite index rose 0.3% to 3,935.37 points. Markets in Seoul, Singapore, Wellington, Manila, and Jakarta also advanced.
Stock markets experienced a period of volatility due to renewed concerns about the trade war, after Trump threatened to impose additional 100% tariffs on Chinese goods in retaliation for China's controls on rare earth exports. However, tensions have eased, and on October 23, White House Press Secretary Karoline Leavitt announced that Trump would meet with his Chinese counterpart on October 30, on the sidelines of the Asia-Pacific Economic Cooperation ( APEC) summit in South Korea.
The Hong Kong and Shanghai markets also received a boost from Chinese leaders' commitment to "aggressively boost consumption" over the next five years, as the country attempts to stimulate economic growth hampered by sluggish domestic spending, a lingering real estate crisis, and the trade war with the US.
Investors are awaiting the release of US consumer price data later today, which has been delayed due to the government shutdown. However, while this data will be closely watched due to its impact on Federal Reserve policy, the market generally expects the Fed to continue cutting interest rates at its meeting next week.
In the domestic market, at the end of the morning session on October 24, the VN-Index fell 14.34 points, or 0.85%, to 1,672.72 points. The HNX-Index fell 1 point, or 0.37%, to 265.78 points.
Source: https://baotintuc.vn/thi-truong-tien-te/chung-khoan-chau-a-tang-diem-nho-su-lac-quan-ve-thuong-mai-my-trung-20251024132745414.htm
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