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Hong Kong rebounds, Australia CPI | Real Time Headlines

Panoramic view of the Hong Kong skyline in Hong Kong on Saturday, May 22, 2021.

Noor Photos | Noor Photos | Getty Images

Asia-Pacific markets opened mixed on Wednesday, with Hong Kong futures Hang Seng Index It said the index opened up 4%.

Hang Seng Index futures were quoted at 19,763 points, while the index’s last closing price was 19,000 points.

Chinese stocks rose yesterday, with the Hang Seng Index recording its best performance in seven months, while mainland China’s CSI 300 index rose after the People’s Bank of China announced a series of economic support measures. It recorded its largest single-day gain in more than four years.

Investors will focus on Australia’s inflation data on Wednesday, with economists polled by Reuters saying consumer prices are expected to rise 2.7% annually.

Australian futures S&P/ASX 200 Index It closed at 8,230 points, higher than the previous closing price of 8,142.2 points. At this level, the index would break above its all-time closing high of 8,209.5.

In contrast, Japan Nikkei 225 Index Futures showed that the market opened weaker, with the Chicago futures contract at 37,775 points and the Osaka futures contract at 37,630 points, compared with the previous closing price of 37,940 points.

Overnight in the United States S&P 500 Index rose to new highs on Tuesday, rising 0.25% to 5,732.93, while the blue-chip Dow Jones Industrial Average It rose 0.2% and also closed at a new record of 42,208.22 points.

this Nasdaq Index Shares rose 0.56%, driven by shares of chip maker Nvidia.

Artificial intelligence’s stock darling Nvidia shares rise nearly 4% Chief Executive Jensen Huang has temporarily ended a sale of shares in the chipmaker, regulatory filings show.

—CNBC’s Brian Evans and Hakyung Kim contributed to this report.

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