The ASX 200 rose 73 points to 7370 (1.0%) with a sigh of Evergrande relief as the sun came up after all. 

• Banks were dominant despite a rise of around 14% in iron ore. The Big Bank Basket rose to $180.32 with MQG up 2.6% and even MFG up 2.0%. Top bank CEOs were in Canberra talking about the problems with rampant house prices.  
• Industrials firmed with NWS leading the way after a buy-back was announced, the stock rose 8.4%, TLS also doing well up 0.8% and SEK 2.1% to the good. TCL returned from its mammoth near $3bn raising and barely budged. 
• Tech stocks fared well after APT rose 4.2% on Square’s move, Z1P continued the run from its Indian adventure announcement yesterday, up 4.9%. CPU also stirring up 3.7% and the All-Tech Index showing a solid 2.9% gain. 
• In miners, things were slightly muted given the commodity price rises. Uranium stocks slipped, Iron ore stocks improved modestly with FMG up 1.0% and RIO better by 0.6% with MGX up another 2.1%. BHP though failed to launch closing down 0.7%. Action in base metals were dominated by the news from SFR that they had agreed to acquire a Spanish project, Minas de Aguas Teñidas S.A, for a company making or shaking, number of US$1.85bn. Oil and gas firmed with STO up 2.9% and WPL up 1.7%. 
• Travel stocks firmed, after the speech from Dan Tehan yesterday, promising international travel by Xmas. WEB up 5.6% FLT up 5.2% and QAN took off 4.6%. In economic news, we had household wealth numbers and all eyes were on Hong Kong as Evergrande rallied 18% as liquidity issues sorted perhaps. At least for now.