19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear).
Bernd von Jutrczenka | Picture Alliance | Getty Images
Asia-Pacific markets climbed Monday as investors parsed China’s central bank’s decision to keep its loan prime rates steady.
The People’s Bank of China kept its 1-year and 5-year loan prime rates unchanged at 3% and 3.5% respectively, holding them for a seventh straight meeting, in line with a Reuters survey.
The one-year rate influences most new and outstanding loans, while the five-year benchmark affects mortgages.
Australia’s S&P/ASX 200 rose 0.54% in early trade.
Japan’s Nikkei 225 rose 1.58%, while the Topix was 0.86% higher. The Bank of Japan raised its policy rate by 25 basis points to 0.75% —a three-decade high— last Friday.
South Korea’s Kospi jumped 1.83% and the small-cap Kosdaq rose 0.99%.
Hong Kong’s Hang Seng index futures were at 25,843, higher than the HSI’s last close of 25,690.53.
Last Friday in the U.S., stocks rose for a second winning day, boosted by Oracle, as the artificial intelligence trade regained its footing after experiencing volatility.
Oracle shares were up 6.6% after TikTok agreed to sell its U.S. operations to a new joint venture that includes the software giant and private equity investor Silver Lake.
The Nasdaq Composite rose 1.31%, closing at 23,307.62. The S&P 500 added 0.88% to close at 6,834.50. The Dow Jones Industrial Average advanced 183.04 points, or 0.38%, and settled at 48,134.89.
