The three major A-share indices showed mixed performance, with the Shanghai Composite Index down 0.2%. The lithium battery industry chain strengthened, while Hong Kong stocks opened lower and continued to decline, with the Hang Seng Index falling over 1%, and technology stocks broadly declined

Wallstreetcn
2025.12.03 02:10
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The three major A-share indices showed mixed performance, with the Shanghai Composite Index down 0.2% and the ChiNext Index up 0.25%. The lithium battery industry chain strengthened, while Hong Kong stocks opened lower and continued to decline, with the Hang Seng Tech Index dropping over 1%. Most large technology stocks fell, automotive stocks continued to diverge, and most nuclear power stocks, building materials and cement stocks, as well as new consumption concept stocks rose. Most commodity futures opened lower, while most government bond futures opened higher. Trump hinted at the next Federal Reserve chairman and stated that interest rates should be lowered, leading to a rise in overnight U.S. stocks