Hong Kong Stocks Open Lower Due to Trade Tensions

Hong Kong stocks opened lower as US President Donald Trump announced plans to double tariffs on steel and aluminum imports, leading to a decline in the Hang Seng Index by 1.06%. Key stocks like BYD, Alibaba, and Tencent experienced drops, while NetEase showed a slight increase. The market sentiment was impacted by the escalating trade tensions, affecting various sectors including tech and automotive stocks.

Latest News

06-03
Market Chatter: Trump Plans Tariff Hike for Steel and Aluminum Amid Nippon-US Steel Deal Negotiation
Market Chatter: Trump Plans Tariff Hike for Steel and Aluminum Amid Nippon-US Steel Deal Negotiation
06-03
Dow Falls; China Says U.S. 'Seriously Undermined' Trade Truce -- WSJ
Dow Falls; China Says U.S. 'Seriously Undermined' Trade Truce -- WSJ
06-02
Stock Track | General Motors Plummets 5.02% as Trump Plans to Double Steel Tariffs
Stock Track | General Motors Plummets 5.02% as Trump Plans to Double Steel Tariffs
06-02
GLOBAL MARKETS-US stocks follow world equities lower, dollar weakens as trade tensions flare
GLOBAL MARKETS-US stocks follow world equities lower, dollar weakens as trade tensions flare
06-02
Shares of Ford, Gm Extend Losses, Down More Than 4% Each as Trump Plans to Double Tariffs on Imports of Steel, Aluminum
Shares of Ford, Gm Extend Losses, Down More Than 4% Each as Trump Plans to Double Tariffs on Imports of Steel, Aluminum
06-02
US STOCKS SNAPSHOT-Wall Street opens lower after Trump's steel tariff threat
US STOCKS SNAPSHOT-Wall Street opens lower after Trump's steel tariff threat
06-02
Nasdaq Opens Lower on Rising Geopolitical and Trade Tensions. Alphabet Drops 2%
Nasdaq Opens Lower on Rising Geopolitical and Trade Tensions. Alphabet Drops 2%
06-02
GLOBAL MARKETS-Shares and dollar tumble as tariff tensions flare
GLOBAL MARKETS-Shares and dollar tumble as tariff tensions flare
06-02
UK's FTSE 100 dips after Trump's fresh tariff threats
UK's FTSE 100 dips after Trump's fresh tariff threats
06-02
HK Stocks End Lower. Yeahka Soars 40%; Mixue Jumps over 7% While Pop Mart up 4%; Xiaomi up 1.3%; Alibaba down 0.6%
HK Stocks End Lower. Yeahka Soars 40%; Mixue Jumps over 7% While Pop Mart up 4%; Xiaomi up 1.3%; Alibaba down 0.6%
06-02
香港股市:恒指收跌0.57%,中美贸易紧张局势再度升温
香港股市:恒指收跌0.57%,中美贸易紧张局势再度升温
06-02
GLOBAL MARKETS-Shares and dollar tumble as tariff tensions flare
GLOBAL MARKETS-Shares and dollar tumble as tariff tensions flare
06-02
EMERGING MARKETS-Asian shares fall on Trump's steel tariff threat; currencies steady
EMERGING MARKETS-Asian shares fall on Trump's steel tariff threat; currencies steady
06-02
European shares start lower after Trump's fresh tariff threats
European shares start lower after Trump's fresh tariff threats
06-02
Japan's Nikkei ends lower on worries about US-China trade tension, stronger yen
Japan's Nikkei ends lower on worries about US-China trade tension, stronger yen
06-02
Dollar Falls as Tariff Worries Grow -- Market Talk
Dollar Falls as Tariff Worries Grow -- Market Talk
06-02
GLOBAL MARKETS-Shares, dollar singed as tariff tensions simmer
GLOBAL MARKETS-Shares, dollar singed as tariff tensions simmer
06-02
FOREX-US dollar slides as sentiment soured by steel tariffs, China tensions
FOREX-US dollar slides as sentiment soured by steel tariffs, China tensions
06-02
HK-listed Chinese shares near one-month low, offshore yuan weakens on tariff concerns
HK-listed Chinese shares near one-month low, offshore yuan weakens on tariff concerns
06-02
EMEA Morning Briefing: Tariff Worries to Weigh on Markets
EMEA Morning Briefing: Tariff Worries to Weigh on Markets
06-02
GLOBAL MARKETS-Asia shares, dollar slip as tariff tensions darken mood
GLOBAL MARKETS-Asia shares, dollar slip as tariff tensions darken mood
06-02
Hong Kong Stocks Decrease 1.9% In Morning Trading
Hong Kong Stocks Decrease 1.9% In Morning Trading
06-02
开盘|港股开盘普跌,国美零售涨超5%,连连数字涨超9%
开盘|港股开盘普跌,国美零售涨超5%,连连数字涨超9%
06-02
Hong Kong Shares of BYD Co Set to Open Down 2.95%
Hong Kong Shares of BYD Co Set to Open Down 2.95%
06-02
24H|US Futures Slip on Trump Tariffs; Tesla Drops 1%; Steelmakers and Aluminummakers Surge
24H|US Futures Slip on Trump Tariffs; Tesla Drops 1%; Steelmakers and Aluminummakers Surge

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Nasdaq Opens Lower on Rising Geopolitical and Trade Tensions. Alphabet Drops 2%