From Financial Modeling Prep: 2025-02-21 08:55:24

Asian stock markets were influenced by U.S. trade tariff concerns and expectations of higher interest rates. Alibaba’s strong earnings boosted Hong Kong’s Hang Seng Index and Chinese tech stocks. Japan’s inflation data fueled speculation of a rate hike by the Bank of Japan. Chinese AI stocks cooled, lagging behind Hong Kong’s tech rally. Alibaba surged 8.5%, benefiting tech stocks like Baidu, Tencent Holdings, and JD.com. Hang Seng Index surged 2% on renewed confidence in Chinese tech stocks. Investors should monitor trade policy uncertainty, rate hikes in Japan, and Alibaba’s earnings for market trends and potential shifts.



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