Hong Kong real estate stocks fluctuated upward, with Greentown China (03900.HK) rising by more than 6%, China Resources Land (01109.HK) and Sino-Ocean Group (03377.HK) rising by more than 5%, New City Development (01030.HK) and Longfor Group (00960.HK) rising by more than 4%, R&F Properties (02777.HK) and Vanke Enterprise (02202.HK) rising by more than 3%.

Hong Kong auto stocks continued to fall, with Great Wall Motor (02333.HK) falling nearly 7%, NIO (09866.HK) falling more than 5%, Chery Automobile (09973.HK) and Xpeng Motors (09868.HK) falling more than 4%, and Geely Automobile (00175.HK) falling more than 3%.

Hong Kong innovative pharmaceutical stocks performed strongly, with Ascletis Pharmaceuticals (01672.HK) rising by more than 9%, Innovent Biologics (01801.HK), BeiGene (06160.HK), Genting Xinyao (01952.HK) rising by more than 5%, and Zai Lab (09688.HK) and 3SBio (01530.HK) rising by more than 4%.

Bank of Japan Governor Kazuo Ueda: The Japanese economy is expected to maintain a cycle of moderate wage and price increases.

Bank of Japan Governor Kazuo Ueda: Adjusting monetary support will help achieve sustainable growth.

Bank of Japan Governor Kazuo Ueda: If the economy and price trends are in line with our forecasts, the Bank of Japan is expected to continue raising interest rates.