ticker

China Indexes Extended 3-Day Rally Tracking Wall Street Gains

Li Chen
19 Dec, 2025
Hong Kong

Friday's rebound extended the three-day market rally as investors added positions to high-flying technology stocks.

The Hang Seng Index gained 0.7%, and the mainland-focused CSI 300 index gained 0.6%.

Undeterred investors, domestic and foreign, stepped up to increase stock exposure amid a risk-on market sentiment, following a rally in overnight trading in New York.

In cautious trading, investors bid up stocks in technology, pharmaceutical, and specialty retail sectors.

U.S. inflation cooled to 2.7% in November from 3.0% in September, the U.S. Bureau of Labor Statistics reported Thursday.

The overall inflation edged lower, and food prices rose 2.6%, energy prices advanced 4.2%, shelter costs increased 3%, and medical care costs advanced 2.9%.

However, the prices for new vehicles rose 0.6%, and used vehicle prices advanced 3.6%.

The statistical agency canceled the October inflation report after the 43-day federal government shutdown prevented the BLS from collecting key data.

The lower-than-expected inflation in November supported the advance on Wall Street, powering a rally in Asian markets on Friday.

China Indexes and Stocks

The Hang Seng Index increased 0.7% to 25,663.41, and the mainland-focused CSI 300 index edged up 0.6% to 4,580.64.

The Hang Seng Index decreased 0.2%, and the CSI 300 index advanced 0.7% after a week of volatile trading.

Alibaba Group advanced 0.8% to HK $145.20, Tencent Holdings gained 1.1% to HK $612.0, and Baidu added 1.1% to HK $118.90.

CiDi dropped 5% to HK $241.0, and the truck maker priced its initial public offering at HK $263.0 per share.

The autonomous commercial vehicle maker sold 5.4 million shares and raised HK$1.4 billion in gross proceeds.

Xizang Zhihui Mining soared 110% to HK $9.52, and the zinc mining company priced its initial public offering at HK $4.51 per share.

The zinc, lead, and copper mining company sold 121.9 million shares and raised gross proceeds of HK $550.0 million.

U.S. Movers: MillerKnoll, Micron Technology

Scott Peters
18 Dec, 2025
New York City

Micron Technology soared 10.3% to $248.90 after the advanced chipmaker estimated a surge in revenue in the current quarter and delivered fiscal first-quarter results that surpassed market expectations.

Revenue in the fiscal first quarter ending in November increased to $13.6 billion from $8.7 billion, net income soared to $5.2 billion from $1.9 billion, and diluted earnings per share rose to $4.60 from $1.67 a year ago.

The company estimated fiscal second quarter revenue of $18.7 billion with a $400 million band, gross margin between 66% and 68%, and diluted earnings per share to range between $7.99 and $8.39.

MillerKnoll Inc. surged 8.2% to $18.96 after the office furniture maker reported its fiscal second-quarter results and strong forecast for the current quarter.

Revenue in the fiscal second quarter ending in November decreased 1.6% to $955.2 million from $970.4 million, net income decreased to $25.2 million from $34.1 million, and diluted earnings per share fell to 35 cents from 49 cents a year ago.

The company estimated fiscal third quarter sales to range between $923 million and $963 million, gross margin between 37.9% and 38.9%, and adjusted diluted earnings per share between 42 cents and 48 cents.

U.S. Movers: MillerKnoll, Micron Technology

Scott Peters
18 Dec, 2025
New York City

Micron Technology soared 10.3% to $248.90 after the advanced chipmaker estimated a surge in revenue in the current quarter and delivered fiscal first-quarter results that surpassed market expectations.

Revenue in the fiscal first quarter ending in November increased to $13.6 billion from $8.7 billion, net income soared to $5.2 billion from $1.9 billion, and diluted earnings per share rose to $4.60 from $1.67 a year ago.

The company estimated fiscal second quarter revenue of $18.7 billion with a $400 million band, gross margin between 66% and 68%, and diluted earnings per share to range between $7.99 and $8.39.

MillerKnoll Inc. surged 8.2% to $18.96 after the office furniture maker reported its fiscal second-quarter results and strong forecast for the current quarter.

Revenue n the fiscal second quarter ending in November decreased 1.6% to $955.2 million from $970.4 million, net income decreased to $25.2 million from $34.1 million, and diluted earnings per share fell to 35 cents from 49 cents a year ago.

The company estimated fiscal third quarter sales to range between $923 million and $963 million, gross margin between 37.9% and 38.9%, and adjusted diluted earnings per share between 42 cents and 48 cents.

U.S. Inflation In Focus Amid Delayed Reports and Sky-High Goods Tariffs

Barry Adams
18 Dec, 2025
New York City

U.S. stocks lacked direction in early trading as investors avoided increasing exposure to stocks amid macroeconomic uncertainty and concerns about AI infrastructure investment.

The S&P 500 index inched up 0.7%, and the tech-focused Nasdaq Composite edged up 1.3%.

Stocks on Wall Street are struggling to halt broader market decline over the last five trading sessions amid rising concerns about the durability of elevated levels of investment in AI technology infrastructure.

The recent market weakness was exacerbated in Wednesday's trading after Oracle's primary investor withdrew its support from the $10 billion data center in Michigan.

The Blue Owl Capital's withdrawal from Oracle's deal sent shudders through the AI landscape and dragged down stocks of AMD, Broadcom, Cisco, Nvidia, and other leading tech players.

Investors positioned for the release of the consumer price index for November, as prices rose at a faster rate than the Fed's target rate of 2%.

The consumer price index advanced by 2.7%, and the core rate, which excludes volatile and food prices, rose 2.6%, according to the preliminary estimate released by the U.S. Bureau of Labor Statistics.

November's CPI report is the first inflation report from the U.S. Bureau of Labor Statistics since the ending of the government shutdown and is likely to confirm resurgent goods inflation driven by steep tariffs implemented by the Trump administration.

The BLS canceled the October inflation report as the agency was unable to retroactively collect necessary data due to the federal government shutdown.

U.S. Movers

Micron Technology soared 10.3% to $248.90 after the advanced chipmaker estimated a surge in revenue in the current quarter and delivered fiscal first-quarter results that surpassed market expectations.

MillerKnoll Inc. surged 8.2% to $18.96 after the office furniture maker reported its fiscal second-quarter results and strong forecast for the current quarter.

U.S. Inflation In Focus Amid Delayed Reports and Sky-High Goods Tariffs

Barry Adams
18 Dec, 2025
New York City

U.S. stocks lacked direction in early trading as investors avoided increasing exposure to stocks amid macroeconomic uncertainty and concerns about AI infrastructure investment.

The S&P 500 index inched up 0.01%, and the tech-focused Nasdaq Composite edged down 0.3%.

Stocks on Wall Street are struggling to halt broader market decline over the last five trading sessions amid rising concerns about the durability of elevated levels of investment in AI technology infrastructure.

The recent market weakness was exacerbated in Wednesday's trading after Oracle's primary investor withdrew its support from the $10 billion data center in Michigan.

The Blue Owl Capital's withdrawal from Oracle's deal sent shudders through the AI landscape and dragged down stocks of AMD, Broadcom, Cisco, Nvidia, and other leading tech players.

Investors positioned for the release of the consumer price index for November, as prices rose at a faster rate than the Fed's target rate of 2%.

The consumer price index advanced 3.1%, and the core rate, which excludes volatile and food prices, rose 3.0%, according to an estimate provided by Ticker.com research.

November's CPI report will be the first inflation report from the U.S. Bureau of Labor Statistics since the ending of the government shutdown and is likely to confirm resurgent goods inflation driven by steep tariffs implemented by the Trump administration.

The BLS canceled the October inflation report as the agency was unable to retroactively collect necessary data due to the federal government shutdown.

U.S. Movers

Micron Technology soared 10.3% to $248.90 after the advanced chipmaker estimated a surge in revenue in the current quarter and delivered fiscal first-quarter results that surpassed market expectations.

MillerKnoll Inc. surged 8.2% to $18.96 after the office furniture maker reported its fiscal second-quarter results and strong forecast for the current quarter.

Global Tech Sell-Off Extended Weekly Losses In Tokyo

Akira Ito
18 Dec, 2025
Tokyo

Weakening market sentiment and rate-decision anxieties kept market indexes down in Tokyo for the fourth consecutive session.

The Nikkei 225 Stock Average decreased 1.1%, the broader Topix declined 0.5%, and the yen held near the 155 level ahead of rate decisions.

The Bank of Japan is widely anticipated to raise its benchmark rate by 25 basis points to 0.75%, and investors are awaiting the central bank's rate outlook for 2026.

Japan's policymakers are struggling to contain the steep decline in yen while supporting the broader economic activities amid an uncertain outlook for exports.

The European Central Bank and the Bank of England are expected to hold steady their benchmark rates amid weakening inflation and an anemic economic growth outlook.

Japan Indexes and Stocks

The Nikkei 225 Stock Average declined 1.1% to 48,971.47, and the broader Topix fell 0.5% to 3,353.78.

In Tokyo, tech stocks led the broader market sell-off following losses in overnight trading in New York.

The latest tech-driven sell-off was exacerbated by a report that Oracle's primary investor in its data center investments decided to pull out from a $10 billion project in Michigan.

Oracle disputed the reports and said the center project is on track, and the news was first reported by the Financial Times.

The jittery investors avoided additional exposure to high-flying tech stocks, dampening tech stocks across the globe.

Softbank Group decreased 3.3% to ¥16,205.0, Tokyo Electron declined 3% to ¥30,370.0, and Advantest Corp. fell 3.6% to ¥18,750.0.

Defense stocks remained in focus as Japan's lawmakers prepare to loosen restrictions surrounding the sale of arms and military technology to international buyers.

IHI Corp. declined 2.6% to ¥2,739.0, Fujikura Ltd. decreased 3.5% to ¥15,950.0, and Kawasaki Heavy Industries dropped 4.6% to ¥10,990.0.