News

Australia's S&P/ASX200 index closed up 70.70 points, or 0.80%, on Wednesday, February 4, at 8927.80 points.

Sources: Ford Motor Co (F.N) is in talks with Geely over a tie-up that could involve allowing the latter to use Ford factory space in Europe. It is reported that the negotiations also include the establishment of a potential technology sharing framework, covering vehicle technologies such as autonomous driving.

The 5-year Japanese government bond yield fell 1 basis point to 1.670%.

Hong Kong airline stocks fluctuated and rose. China Eastern Airlines (00670.HK) rose by more than 7%, China Southern Airlines (01055.HK) rose by more than 6%, and stocks such as Air China (00753.HK) and Cathay Pacific Airways (00293.HK) followed suit.

The commercial aerospace sector of Hong Kong stocks fluctuated and fell. Lens Technology (06613.HK) fell by more than 4%, followed by stocks such as Asia Pacific Satellite (01045.HK) and Goldwind Technology (02208.HK). Junda Shares (02865.HK) bucked the trend and rose by more than 7%.

The A-share real estate sector continued to rise, with Rongan Real Estate and Beijing Investment Development both hitting their daily limit, followed by Caixin Development, Airport Holdings, Huafa Holdings, China Merchants Shekou, Xincheng Holdings and other stocks.

Hong Kong mainland property stocks continued to rise. Logan Group (03380.HK) rose more than 20%, Sunac China (01918.HK) rose more than 10%, Country Garden (02007.HK), Yuexiu Properties (001 23.HK), China Resources Land (01109.HK), Agile Group (03383.HK), R&F Properties (02777.HK), Vanke Enterprise (02202.HK) and other stocks followed suit.

Vietnam’s statement showed that Vietnam’s Trade Minister went to Washington to launch a new round of tariff negotiations with the United States.

Market news: Vietnam’s Trade Minister met with U.S. business representatives in Washington.

The A-share real estate sector fluctuated and rose, Caixin Development hit the daily limit, Rongan Real Estate rose more than 8%, and stocks such as Airport Holdings, Beijing Investment Development, Huafa Holdings, Xincheng Holdings, and China Merchants Shekou followed suit.

Honda Motor plans to jointly develop system-on-chips for its software-defined vehicles (SDV) with Mythic, a Texas-based technology company.

According to the AXIOS website: Nuclear negotiations between the United States and Iran are expected to be held in Oman on Friday. The Trump administration agreed to Iran's request to move the venue of negotiations away from Türkiye.

Coal stocks in Hong Kong stocks strengthened, with Yankuang Energy (01171.HK) rising by more than 7%, Power Development (01277.HK) and China Coal Energy (01898.HK) both rising by more than 5%, and China Shenhua (01088.HK) rising by more than 4%.

Hong Kong chip stocks fell early in the session, with Shanghai Fudan (01385.HK) falling more than 4%, Huahong Semiconductor (01347.HK), GigaDevice (03986.HK), SMIC (0 0981.HK), ZTE (00763.HK), Biren Technology (06082.HK) and other stocks followed suit. Innosec (02577.HK) bucked the trend and rose by more than 6%.

When Hong Kong stocks opened, the Hang Seng Index opened down 0.14%, and the Hang Seng Technology Index opened down 0.87%; the non-ferrous metals sector was among the top gainers, and the optical communications sector has strengthened in recent days; Innosec (02577.HK) rose by more than 11%. The company's products have completed the important design introduction of Google's relevant AI hardware platform, and signed a compliant supply agreement.

Market News: The U.S. states of New York and New Jersey are seeking emergency aid to deal with plans to suspend construction on Friday.

Market News: New York and New Jersey filed a lawsuit against US President Trump over his decision to withhold US$16 billion in tunnel project funds.

Fox News: The 83-year-old U.S. Senate Minority Leader McConnell was hospitalized over the weekend due to flu-like symptoms.

The CEO of Australia's Sunrise said it expected to supply scandium to the U.S. critical mineral reserve.

Shenzhen Stock Exchange: The list of securities subject to Hong Kong Stock Connect has been adjusted and transferred to Guoen Technology, effective from February 4.