Asia-Pacific markets poised for gains ahead of China's key lending rate decision
CNBC·2025-12-21 23:34

Market Overview - Asia-Pacific markets experienced gains, with investors anticipating benchmark lending rate decisions from China [1] - Australia's S&P/ASX 200 increased by 0.54%, Japan's Nikkei 225 rose by 1.58%, and South Korea's Kospi jumped by 1.83% [2] - Hong Kong's Hang Seng index futures were at 25,843, surpassing the last close of 25,690.53 [2] U.S. Market Performance - U.S. stocks rose for a second consecutive day, driven by Oracle's performance as the AI sector stabilized after previous volatility [3] - Oracle shares increased by 6.6% following TikTok's agreement to sell its U.S. operations to a joint venture that includes Oracle and Silver Lake [3] - The Nasdaq Composite rose by 1.31% to close at 23,307.62, while the S&P 500 added 0.88% to close at 6,834.50 [4]