Hong Kong stocks rise as trade agreement soothes fears on rare earths, chips

Hong Kong stocks rose 0.4% to 26,001.13 as US-China trade tensions eased after China suspended new export controls on rare earths and ended investigations into US semiconductor firms. Notable gainers included Trip.com Group (+1.5%), JD.com (+0.9%), and Xiaomi (+2.5%). However, Chow Tai Fook Jewellery Group fell 6.6%. Two new stocks debuted, with Mininglamp Technology Group up 111% and Dynamiker Biotechnology soaring 472%. Other Asian markets showed mixed results, with South Korea's Kospi gaining 2.1% and Australia's S&P/ASX 200 down 0.1%.