Hong Kong stocks lifted by Nvidia rally on mixed day in Asia


FILE PHOTO: Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo

HONG KONG: Tech firms led another rally in Hong Kong stocks Wednesday (July 16) after US titan Nvidia said it would resume exports of key chips to China after Washington pledged to remove licensing curbs.

However, other Asian markets were mixed as they weighed Indonesia's trade deal with Washington and a spike in US inflation that saw investors pare their bets on Federal Reserve interest rate cuts.

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Asian , equities , July 16

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