Hong Kong shares increased 115 points, or 0.4%, to 26,352 in Monday morning trade, rebounding from prior losses as consumer and property stocks led gains. Sentiment improved after China’s October consumer prices unexpectedly rose 0.2% yoy, the first gain since June, fueled by holiday spending and expanded trade-in programs. Producer prices also declined at the slowest pace in 14 months, easing deflation fears and supporting industrial margins amid ongoing price wars. Meanwhile, U.S. futures advanced after a volatile week, supported by optimism over a potential end to the record-long U.S. government shutdown, following moderate Senate Democrats’ support for a funding deal. However, gains were capped ahead of key Chinese data releases, including credit growth, industrial output, and retail sales. Notable early risers included Pop Mart International (3.9%), Zhaojin Mining Industry (3.0%), Tencent Holdings (2.1%), and Henderson Land Development (1.8%).
