Hong Kong stocks were little changed in early trade on Tuesday (4/15), hovering near 21,420, as gains in property and consumer discretionary stocks were offset by losses in technology and financials. Traders weighed the impact of a temporary US tariff exemption on popular electronics, announced by President Trump last Friday, while weighing the possibility of fresh levies, including on semiconductors, in the coming weeks. Investors also awaited key Chinese economic data due later in the week, including Q1 GDP, industrial production, retail sales and the unemployment rate. Meanwhile, the market tracked Beijing's ongoing efforts to stabilize mainland equities, with regulators reportedly capping daily net selling by hedge funds and large retail investors at CNY50 million. Among the best performers were Tingyi (Cayman Islands) Hlds. (4.0%), Pop Mart Intl. (3.6%), and CK Hutchison Hlds. (3.2%). Notable decliners included Prada SpA (-5.7%), Hansoh Pharmaceutical (-3.3%), and Li Auto (-2.8%).(Newsmaker23)
Source: Trading Economics
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