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Hong Kong stocks closed lower; the HSI fell 0.62% and the Hang Seng TECH Index fell 0.68%.

2026-10-07

Hong Kong stocks closed lower; the HSI fell 0.62% and the Hang Seng TECH Index fell 0.68%.

Other News
2026-10-07

Seoul announced a K-GX (Korea Green Transformation) energy-transition and decarbonisation plan to 2035 with a headline price tag of 1,000 tln won (~$747bn). The plan reportedly includes 200 tln won of fiscal spending, more than 790 tln won of climate

Seoul announced a K-GX (Korea Green Transformation) energy-transition and decarbonisation plan to 2035 with a headline price tag of 1,000 tln won (~$747bn). The plan reportedly includes 200 tln won of fiscal spending, more than 790 tln won of climate financing and a further 220 tln won of private-sector investment. Targets include 100 GW of renewable capacity by 2030 and electrified/hydrogen vehicles to exceed 70% of new-car sales by 2035. Policy support will focus on green steel, batteries, solar, wind, hydrogen and small modular reactors and aims to accelerate decarbonisation of the five highest-emitting sectors: steel, petrochemicals, refining, cement and semiconductors & displays, while developing 10 green industries including EVs, power semiconductors and carbon capture.
2026-10-07

Dovish BOJ board member Ayano Sato said she supports phased, multiple rate increases, but 10-year JGB yields fell Wednesday, tracking a broader decline in global bond yields. Sato was one of two board members who cast a dissenting vote at the BOJ’s S

Dovish BOJ board member Ayano Sato said she supports phased, multiple rate increases, but 10-year JGB yields fell Wednesday, tracking a broader decline in global bond yields. Sato was one of two board members who cast a dissenting vote at the BOJ’s September rate increase. Meiji Yasuda portfolio manager Shuichi Ohsaki said Sato has adjusted her stance as Japanese political leaders move away from a reflation policy route. SMBC strategist Katsutoshi Inadome said market interpretation is mixed: some see Sato as less dovish, others do not; Theoretically BOJ hikes should lift 10-year yields, but if hikes reduce worries that the BOJ is lagging on inflation, yields could instead fall.
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