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Friday, May 1, 2026

Chinese stocks up 2% after central bank leaves rates unchanged; Asia markets rise - CNBC

Asia-Pacific markets were mostly higher on Monday, as investors look ahead to a batch of economic data later in the week, including minutes for the U.S. Federal Open Market Committee (FOMC).

The People’s Bank of China left its 1-year and 5-year prime loan rates unchanged, widely in line with expectations.

The CSI 300, which tracks stocks of the largest listed companies in Shanghai and Shenzhen rose to close 2.45% higher, leading gains in the region.

The Shenzhen Component gained 2.03% to close at 11,954.13, while the Shanghai Composite rose 2.06% to end the day at 3,290.34. In Hong Kong, the Hang Seng index gained 0.85% in its final hour of trade, and the Hang Seng Tech index rose 1.32%.

TICKER COMPANY NAME PRICE CHANGE %CHANGE
.N225 Nikkei 225 Index *NIKKEI 27531.94 18.81 0.07
.HSI Hang Seng Index *HSI 20930.72 210.91 1.02
.AXJO S&P/ASX 200 *ASX 200 7351.5 4.7 0.06
.SSEC Shanghai *SHANGHAI 3290.34 66.31 2.06
.KS11 KOSPI Index *KOSPI 2455.12 3.91 0.16
.FTFCNBCA CNBC 100 ASIA IDX *CNBC 100 8396.33 77.17 0.93

In South Korea, the Kospi ended the day marginally higher at 2,453.15, while defense stocks traded mixed after North Korea fired missiles towards its eastern waters.

Japan’s Nikkei 225 was fractionally higher at 27,531.94, with the Topix up 0.39% to close at 1,999.71 as investors looked ahead to the nominated Bank of Japan governor Kazuo Ueda’s appearance in parliament slated for Friday.

In Australia, the S&P/ASX 200 closed marginally...



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