Hong Kong equities rose 123 points or 0.6% to 22,095 in Tuesday's morning session, rebounding from a muted day as a modest rise in U.S. futures lifted sentiment. Gains came as investors awaited more earnings reports following a volatile Wall Street session overnight. China's commitment on Monday to aid exporters and workers impacted by U.S. tariffs continued to boost confidence, complemented by contingency plans aimed at bolstering the broader economy. On the trade front, Hong Kong's exports surged 18.5% yoy in March—the strongest growth in over a year and the highest value in three years—as exporters rushed to ship goods ahead of potential U.S. tariffs. However, further rises were capped by Beijing's remarks that no tariff talks are underway with the U.S. despite suggestions from President Trump. All sectors advanced, with tech, consumer, and property stocks leading. Top performers included Alibaba Health (9.8%), Li Auto (5.1%), Meituan (4.4%), and KE Holdings (3.2%).
Source: trading economi
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