Hong Kong Stocks Kick off the Week on Muted Note
Hong Kong shares were little changed in early trading on Monday, stabilizing around 23,686 after sharp losses in the previous two sessions.
Property and financial stocks weakened, while gains in tech and subdued consumer stocks provided some support. Traders approached President Trump's upcoming April 2 deadline for reciprocal tariffs with caution, hoping for a more targeted approach in this round of levies.
On the local front, data revealed that Hong Kong's current account surplus surged to HKD 96.3 billion in Q4 2024, up from HKD 61.5 billion a year earlier, driven by higher surpluses in both the services account and primary income.
Source : Trading Economics