In 2025, the median rent for a 1-bedroom in Hong Kong is $2,421.
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Asia-Pacific markets were set to open higher Wednesday, breaking ranks from Wall Street losses, after the World Bank raised the region’s growth forecast Tuesday.
That comes after a summer that saw U.S. tariff-led uncertainty rock the global economy.
Japan’s benchmark Nikkei 225 index was set for a higher open, with its futures contract in Chicago trading at 48,070, and its counterpart in Osaka at 48,080, against the index’s last close at 47,950.88.
Australia’s ASX/S&P 200 fell 0.22%.
Futures for Hong Kong’s Hang Seng index stood at 27,165, higher than its last close of 26,957.77.
Mainland China and South Korean markets are closed for the holidays.
The Bank of Thailand and Reserve Bank of New Zealand are set to release their policy decisions later in the day.
Overnight in the U.S., the three major averages closed lower. The S&P 500 struggled Tuesday, bogged down by a drop in Oracle shares as investors worry about the profitability of the artificial intelligence trade. Wall Street also looked for more developments out of Washington with the U.S. government shutdown in its second week.
The broad market index pulled back 0.38% to close at 6,714.59, snapping a 7-day winning streak, while the Nasdaq Composite fell 0.67% to finish at 22,788.36. The Dow Jones Industrial Average fell 91.99 points, or 0.2%, to end at 46,602.98.
— CNBC’s Pia Singh, Sean Conlon and Fred Imbert contributed to this report.
