Hong Kong stocks could only reach the 20,000-point environment level

(RTTNews) – Hong Kong’s stock market rose for four consecutive periods, gaining more than 700 factors or 3.7 percent. The Hang Seng index is now sitting fairly above the 19,580-level plateau, buying every other green limit for Monday’s trade.

The global outlook for Asian markets is clear on an improved outlook for interest rates. European and American markets were much larger and Asian bourses are expected to start in the same way.

The Hang Seng was once again modestly higher on Friday after gains in real estate, leisure and technology companies.

On the day, the index improved by 61.16 factors or 0.31 percent to reach 19,584.06 after trading between 19,423.70 and 19,640.37.

Among actives, Alibaba Community gained 0.37 percent, while Alibaba Properly being Recordsdata rose 0.61 percent, ANTA Sports action fell 1.39 percent, China Existence Insurance protection climbed 1.63 percent, China Mengniu Dairy gained 1.74 percent, China Resources Land rose 2.21 percent, CITIC gained. 0.47 percent, CNOOC fell 0.91 percent, Galaxy Leisure rose 0.32 percent, Haier Dapper Home improved 1.59 percent, Hang Lung Properties rose 3.30 percent, Henderson Land was rose 2.75 percent, Hong Kong & China Gasoline added 0.83 percent, Industrial and Commercial Financial institution of China fell 1.60 percent, JD.com rose by 4.71 percent, Lenovo lost 0.65 percent, Li Auto rose 1.58 percent, Li Ning sank 0.90 percent, Meituan rose 0.14 percent, Fresh World Model gained 0, 69 percent, Nongfu Spring lost 0.86 percent, Techtronic Industries accelerated 2.24 percent, Xiaomi Company jumped 1.75 percent, developed by WuXi Biologics 1.24 percent and CSPC Pharmaceutical was unchanged.

Wall Street executives are broadly bullish as the dominant averages started solidly higher on Friday and remained so for the duration of the trading day, ending at session highs.

The Dow jumped 334.73 points, or 0.78 percent, to 43,487.83, while the NASDAQ added 291.90 points, or 1.51 percent, to close at 19,630.20 and the S&P 500 added 59.30 factor or 1.00 percent to the whole at 5,996.66.

For the week, the Dow rose 3.7 percent, the S&P rose 2.9 percent and the NASDAQ rose 2.5 percent.

Stocks benefited from a recent decline in Treasury yields, while the yield on the benchmark 10-year soar recovered from an early dip to remain roughly flat throughout the day. The red-hot retreat in Treasury yields came as U.S. inflation data sparked all the deals over the past few days, prompting renewed optimism about the outlook for interest rates.

Along with the accusation of interest rate optimism, Federal Reserve Governor Christopher Waller told CNBC that the central bank could likely cut interest rates only a few times this year if inflation moderates as expected.

Crude oil costs showed valuable carryover into the scheme on Friday, extending the animated pullback seen in the old session. West Texas Intermediate for February delivery was down $0.80, or 1 percent, at $77.88 a barrel on Friday; in the week, the crude value rose by about 1 percent.

Closer to home, Hong Kong will look at unemployment data for December later in the day, with the jobless rate expected to rise to 3.1 percent on a regular basis.

The views and opinions expressed herein are those of the creator and do not substantially reflect those of Nasdaq, Inc.