Asia shares' rise before the results of the business of Chinese technology companies
The Asian stock index led by the technological sector has increased, while investors are looking at the results of some of the largest Chinese technology companies this week. The regional technology stock index rose 1.6% after the slides of the slides led the Gulf of U.S. stocks on Tuesday. These profits came after news in which he said that the ‘Envenia’ and ‘Advanced Micro Device’ businesses would provide the Saudi human ‘human’ company with similar connections to a data center project. The performance of other Asian markets varied, while the dollar and US treasury bonds stabilized without little change. The “Tennent” Holding Company, the highest valuable company in China, is expected to announce its business results on Wednesday, followed by the “Ali Baby” group Thursday. The results can reveal how the two largest companies in the sector handle the state of geopolitical uncertainty, and this gives an indication of the possibility of resuming the shares of Chinese technology for their rise. “A good range of technology companies in China will certainly be a catalyst for further profits … and with the decline in total economic risks, investors will focus on profits and renewable power expectations in the technological sector,” says Frederick Newman, the main economist of Asia at HSBC in Hong Kong. The shares of “Tinette” rose 1.5% in Hong Kong, while the shares of “Ali baby” rose by 1%. The shares of the company ‘Taiwan for the Sector Industry’ rose by more than 2% in Taipei, to the largest contributor to the ‘MCI Asia and Pacific’ index. The standard US indicators compensated for 2025 losses on Tuesday, amid indicators of the trade tension decline, and after US inflation data came less than expectations. The S&B 500 index closed by 0.7%, while the Nasdaq 100 index rose by 1.6%. The “Seven Greats” index (Apple, Alphabet, Envenia, Amazon, Meta, Microsoft, Tesla) added 2.2%. President Trump’s administration plans to restructure the semiconductor export organizations used in artificial intelligence, and to abandon the Joe Biden administration’s approach, which faces serious objections from the allies of America. The United States is also studying an agreement that enables the UAE to import more than a million advanced chips from “invitation”, according to people who are familiar with the matter. The decline in commercial tension and the positive season suddenly motivated the results of US businesses in optimism, after a period of doubt about the ability of the businesses to achieve high profits. “The stock market will rise a lot,” President Trump said, noting that “an explosion in investments and jobs,” added that Saudi Arabia will meet the investment of a trillion dollar in the United States. Limited inflation The April data showed that inflation in the United States has risen by less than economists’ expectations amid stable prices for clothing and new cars, suggesting that there are no urgency by companies to give the cost of high customs duties to consumers. The temporary agreement reached during the weekend to calm the trade war with China reduced expectations on the extent of the damage caused by the customs tariffs of the economy. JB Morgan Bank increased its forecast for the growth of the US economy and withdrew its previous expectations that the economy would incur a recession during the year 2025. While financial derivatives contracts are still a quarter of a percentage of interest rate for every reduction by the Federal Reserve this year, several major banks in Wall Street now expect that the first reduction in December in December is late for previous expectations. Meanwhile, oil prices have stabilized to the largest increase in four days since October, driven by optimism about the trade war and Trump’s strict statements regarding Iranian supplies. Gold also maintained its minor profits after the release of weaker US inflation data, which strengthened the bets to lower interest rates by the Federal Reserve.