{
  "id": 5475508,
  "title": "Hang Seng Index rebounds in line with global rally",
  "url": "https://urgent.news/2026/09/04/hang-seng-index-rebounds-in-line-with-global-rally",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T02:37:04.000Z",
  "source": {
    "name": "RTHK News - Finance",
    "slug": "rthk-news-finance",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1868778-20260904.htm"
  },
  "original_language": "en",
  "account": "Asian stocks surged on Friday as traders capitalized on a worldwide rally before the release of crucial US employment data. Meanwhile, bonds experienced a brief respite after a senior Federal Reserve official reduced expectations for future interest rate hikes and weakened the US dollar. In Hong Kong, the key Hang Seng Index opened 302 points higher, or 1.2%, at 25,515, and continued its upward trajectory to close 511 points higher in early trading. The tech-heavy index also showed strength, opening 65 points, or 1.46%, higher at 4,533. Meanwhile, mainland China's China Enterprises Index rose 96 points, or 1.15%, to 8,481. On the other side of the border, the Shanghai Composite Index increased by 13 points, or 0.34%, to 3,955. The Shenzhen Component Index climbed 100 points, or 0.74%, to 13,725, while the ChiNext Index gained 32 points, or 0.97%, to 3,344. In Tokyo, the Nikkei Index opened 284 points, or 0.44%, higher at 64,498, and later gained an additional 415 points before lunch. In Seoul, the Kospi Index rose by 62 points before noon, after gaining almost 75 points, or 1.14%, to 6,654. This surge was driven by strong performances from major chipmakers. The positive sentiment was fueled by a retreat in the dollar, which boosted the value of the yen. The yen has gained 2.6% this week, reaching a level of 155.7 against the dollar, close to the 155.2 level reached after a joint intervention by Tokyo and Washington in late July. Federal Reserve Governor Christopher Waller noted recent data indicating signs of disinflation and suggested that if forthcoming reports continued this trend, he would favor maintaining current interest rates at the month's policy meeting. Waller's comments contrast with Federal Reserve Chairman Kevin Warsh's previous argument that there is limited evidence of declining underlying inflation. Analysts at JPMorgan believe Warsh will push for a rate hike if he advocates for it. However, Waller's speech reinforces the view that the data-dependent majority will only consider a rate hike this month if the data supports it.",
  "summary": "Asian shares rose on Friday as investors embraced a global rally before crucial US jobs data while bonds found some much needed relief after a top Federal Reserve official cooled rate hike fears and dragged the dollar lower. In Hong Kong, the benchmark Hang Seng Index opened up 302 points, or 1.2 percent, at 25,515 and gained more ground to be up 511 points in early trading. The tech index opened…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}