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Hang Seng closed up 1.18% at 25,042.71, with innovative drugs and CRO stocks leading gains; the Hang Seng Tech index reversed early losses to finish +0.4% at 4,423.29. Market turnover rose to HKD 202.73bn from HKD 185.59bn a session earlier. Sector s

2026-09-21

Hang Seng closed up 1.18% at 25,042.71, with innovative drugs and CRO stocks leading gains; the Hang Seng Tech index reversed early losses to finish +0.4% at 4,423.29. Market turnover rose to HKD 202.73bn from HKD 185.59bn a session earlier. Sector snapshot: pharmaceuticals/biotech surged, property names strengthened in the afternoon, PCBs active, while precious metals and home appliances labeled. Notable movers: China Biopharmaceutical (01177.HK) +8.23%, CSPC PHARMA (01093.HK) +7.56%, 02359.HK +4.00%, SUNAC CHINA (01918.HK) +12.30%, 02476.HK +12.94%; Haier Smart Home (06690.HK) -4.03%, China Gold International (02099.HK) -6.62%. New listing 06727.HK closed down 9.18% on debut, below its IPO price.

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2026-09-21

India’s free trade agreement with New Zealand, signed in April, will take effect on Oct. 20, Trade Minister Goyal said Monday. The deal removes or sharply cuts tariffs on about 95% of New Zealand exports to India — including wine, kiwifruit and apple

India’s free trade agreement with New Zealand, signed in April, will take effect on Oct. 20, Trade Minister Goyal said Monday. The deal removes or sharply cuts tariffs on about 95% of New Zealand exports to India — including wine, kiwifruit and apples — and grants duty-free access for all Indian goods into New Zealand. The agreement relaxes student and worker mobility rules and includes a New Zealand commitment to invest 20 bln over the next 15 years. Leaders pledged to double bilateral trade by 2030; two-way trade was about 2.3 bln in the 12 months to June. New Delhi says the FTA is aimed at diversifying export markets and attracting investment amid shifting global trade patterns; the US remains India’s largest export destination. Separately, a US law signed by Trump authorizes tariffs of up to 100% on countries importing Russian oil, a factor New Delhi cites in its diversification push.
2026-09-21

Shanghai Gold Exchange gold T+D rose 0.45% in early trade on Monday Sept 21 to 946.2 yuan/gram; silver T+D rose 1.2% to 16,250 yuan/kg.

Shanghai Gold Exchange gold T+D rose 0.45% in early trade on Monday Sept 21 to 946.2 yuan/gram; silver T+D rose 1.2% to 16,250 yuan/kg.
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