FX.co ★ Hong Kong Stocks Kick off the Week on Muted Note

In early Monday trading, Hong Kong shares showed minimal movement, stabilizing around the 23,686 mark following notable declines in the previous two sessions. There was a downturn in property and financial stocks, though technology stocks and a cautious rise in consumer stocks offered some stabilization. Market participants were cautiously considering President Trump's looming April 2 deadline for reciprocal tariffs, hoping for a precise approach in this levy round. Locally, data indicated a significant increase in Hong Kong's current account surplus, which soared to HKD 96.3 billion in Q4 2024 from HKD 61.5 billion in the same period the previous year. This growth was largely attributed to increased surpluses within both the services and primary income accounts.