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Hong Kong open: Hang Seng +0.81%, Hang Seng Tech +0.76%. Kuaishou (01024.HK) +6.24% after the company said yesterday it will spin off Keling as a separately capitalized entity and investors agreed to inject $3 bln into Keling.

2026-07-03

Hong Kong open: Hang Seng +0.81%, Hang Seng Tech +0.76%. Kuaishou (01024.HK) +6.24% after the company said yesterday it will spin off Keling as a separately capitalized entity and investors agreed to inject $3 bln into Keling.

Other News
2026-07-03

BNP Paribas has raised its forecast for Japan's terminal policy rate to 2.50% from 2.00%. Economist Ryutaro Kono expects the Bank of Japan to pursue graduation tightening, hiking roughly every four to five months, taking the policy rate to 1.25% by e

BNP Paribas has raised its forecast for Japan's terminal policy rate to 2.50% from 2.00%. Economist Ryutaro Kono expects the Bank of Japan to pursue graduation tightening, hiking roughly every four to five months, taking the policy rate to 1.25% by end-2026, 2.00% by end-2027 and a terminal 2.50% in September 2028. He cites persistent yen downside pressure and inflation likely to remain above the BOJ's 2% target. The bank says the government is expected to remain passively tolerant of further rate rises.
2026-07-02

Federal Reserve's Daly: We don't want to rush into a response in a rapidly changing world.

Federal Reserve's Daly: We don't want to rush into a response in a rapidly changing world.
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