Both the Hong Kong Hang Seng Index and the Tokyo Nikkei added more than one percent on the last trading day of January. Hong Kong was particularly successful in the technology segment, which nevertheless remained 4.5 percent in the red in January.
Although the Hong Kong Stock Exchange traded only half a day due to the Chinese New Year, the shares managed to move upwards. The main index of Hong Kong’s Hang Seng floor strengthened by 1.07 percent. The sub-index mapping the development of Chinese companies strengthened by 1.7, the technology segment even added 2.4 percent.
For the whole of January, the Hong Kong Stock Exchange strengthened by 1.7 percent, while the technology subindex lost 4.5 percent. The stock market will now remain due to the arrival of the Chinese New Year until Thursday, trading will continue on Friday, February 4.
Trading on the Tokyo Stock Exchange also developed similarly. The Nikkei index strengthened by 1.07 percent on Monday. Investors appreciated the statement of the Japanese Prime Minister Fumio Chisida, who stated that he no longer planned to declare another state of emergency, nor a flat closure due to the coronavirus. Technology stocks also performed well in Tokyo, strengthening by 2.35 percent.