From Investing.com: 2025-01-19 21:21:24

Most Asian stocks rose on Monday amid hopes that U.S. President-elect Donald Trump will not take a harsh stance against China. U.S. markets closed for Martin Luther King, Jr. Day. Japanese and Hong Kong shares led the gains. Trump may sign executive orders including increased trade tariffs. Global trade disruptions could impact export-driven economies.

Chinese shares rose as the People’s Bank of China kept rates unchanged. China expected to implement aggressive stimulus measures to offset potential tariff increases. Recent data showed some improvement in China’s economy. Chinese markets boosted by gains in chipmaking stocks. Broader Asian markets mostly higher, with focus on economic readings and Bank of Japan meeting.

Australian markets rose, Indian markets expected to open positively. Singapore markets lagged, South Korean markets traded sideways. Both countries could be significantly impacted by global trade disruptions.



Read more at Investing.com: Asia stocks upbeat ahead of Trump inauguration; China shares advance By Investing.com