The Hong Kong stock market climbed 248 points or 1.2% to 19,838 in Friday morning trade, partly recovering from a slump of around 2% in the prior session, with gains across most sectors, particularly tech, consumers, and property. However, markets are on track to post a weekly decline, down around 1% so far, due to looming tariff threats from the incoming US administration under Donald Trump.
Meanwhile, local data showed that retail sales in Hong Kong fell for the ninth consecutive month in November, shrinking by 8.3% yoy and deepening from October's 4.8% decline.
Source : Trading Economics
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