Hang Seng Index Drops on China GDP as ASX 200 Hits 8,000
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#d2be180c ver:0.67

Asian stock markets traded mixed as US inflation eased, boosting hopes for rate cuts by the US Federal Reserve. Hang Seng Index rallied 2% on Chinese tech majors' rise, while ASX 200 hit a record high of 8,000. US rate cut prospects brightened as consumer prices dropped, leading to a surge in Hong Kong property stocks. Asian markets set for weekly gains on softer US inflation data, fueling optimism for a Fed rate cut in September. Singapore's stock market hits six-year high, while Taiwan shares fall. China's exports rise, but weak domestic demand poses risks....

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