{"id":40428,"date":"2025-06-06T11:35:18","date_gmt":"2025-06-06T11:35:18","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/06\/asian-stocks-end-mixed-hang-seng-snaps-winning-streak-nikkei-jumps-0-5\/"},"modified":"2025-06-06T11:35:18","modified_gmt":"2025-06-06T11:35:18","slug":"asian-stocks-end-mixed-hang-seng-snaps-winning-streak-nikkei-jumps-0-5","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/06\/asian-stocks-end-mixed-hang-seng-snaps-winning-streak-nikkei-jumps-0-5\/","title":{"rendered":"Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%"},"content":{"rendered":"
<\/div>\n

Asian equity markets closed mixed on Friday in a subdued trading session, with investors weighing the latest developments in US-China relations and bracing for key economic data from the US later in the day.<\/p>\n

A phone call between US President Donald Trump and Chinese President Xi Jinping helped ease some concerns around deteriorating trade ties. <\/p>\n

Trump described the conversation as \u201cvery good\u201d and said it \u201cresulted in a very positive conclusion for both Countries<\/a>.\u201d <\/p>\n

However, the lack of concrete progress or a clear timeline for renewed trade talks kept sentiment in check.<\/p>\n

Hong Kong stocks end winning streak<\/h2>\n

Hong Kong\u2019s Hang Seng Index fell 0.5% to 23,792.54, ending a three-day winning streak that had lifted the benchmark by 3.2%. <\/p>\n

For the week, the index still posted a gain of 2.2%. The Hang Seng Tech Index declined 0.6%.<\/p>\n

Losses in heavyweight names dragged the market lower. Semiconductor Manufacturing International Corp dropped 4.9% to HK$40.20, Trip.com fell 3.3% to HK$466.80, and Alibaba slipped 1.4% to HK$116.60. <\/p>\n

Meituan shed 1.9% while Hong Kong and China Gas declined 3.1% after trading ex-dividend.<\/p>\n

China’s Shanghai Composite and the CSI 300 Index each eased 0.1%. <\/p>\n

Market participants remained cautious, seeking stronger signs of a thaw in China-US relations before making fresh bets.<\/p>\n

Japan’s Nikkei ends in the green<\/strong><\/h2>\n

Japanese equities outperformed in the region. The Nikkei 225 rose 0.5% to 37,741.61, while the broader Topix advanced 0.47% to 2,769.33. <\/p>\n

Technology stocks led the charge, with Advantest and Tokyo Electron gaining 2.2% and 1.3%, respectively. <\/p>\n

Automakers Honda and Nissan also rose about 1.3% each. Investors shrugged off weaker trade data showing a decline in exports during the first 20 days of May.<\/p>\n

Other regional markets<\/h2>\n

Australian markets edged lower amid weakness in technology, mining, and financial sectors. <\/p>\n

The S&P\/ASX 200 fell 0.27% to 8,515.70 and the All Ordinaries slipped 0.30% to 8,741.90. <\/p>\n

South Korean markets were closed for a public holiday.<\/p>\n

Indian equity benchmarks closed sharply higher on June 6, with the Nifty reclaiming the 25,000 mark after the Reserve Bank of India delivered a larger-than-expected 50 basis<\/a> point repo rate cut and reduced the cash reserve ratio (CRR) by 100 basis points.<\/p>\n

At close, the Sensex jumped 746.95 points, or 0.92%, to end at 82,188.99, while the Nifty advanced 252.15 points, or 1.02%, to finish at 25,003.05.<\/p>\n

Top Nifty gainers included Shriram Finance, Bajaj Finance, JSW Steel, and Axis Bank.<\/p>\n

Wall Street cautious ahead of jobs report<\/h2>\n

US markets ended Thursday lower after a volatile session. <\/p>\n

The Nasdaq dropped 0.8% to 19,298.45, the S&P 500 declined 0.5% to 5,939.30, and the Dow slipped 0.3% to 42,319.72. <\/p>\n

While early optimism followed Trump\u2019s comments on the phone call with Xi, gains were reversed as traders turned cautious ahead of the US jobs report.<\/p>\n

Economists expect nonfarm payrolls to rise by 130,000 in May, down from 177,000 in April, with the unemployment rate expected to remain steady at 4.2%. <\/p>\n

The report is likely to offer further clarity on the Federal Reserve\u2019s policy outlook.<\/p>\n

The post Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Asian equity markets closed mixed on Friday in a subdued trading session, with investors weighing the latest developments in US-China relations and bracing for key economic data from the US later in the day. A phone call between US President Donald Trump and Chinese President Xi Jinping helped ease some concerns around deteriorating trade ties. <\/p>\n","protected":false},"author":1,"featured_media":40429,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-40428","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing"],"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=40428"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/40428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/40429"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=40428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=40428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=40428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}