Chinese Equities in Hong Kong Decline Following US Tariff Announcement
Chinese equities in Hong Kong declined after the Lunar New Year holiday as traders reacted to US President Trump's announcement of a 10% tariff on China.
Chinese equities listed in Hong Kong experienced a drop as trading resumed after the Lunar New Year holiday. Traders are currently assessing the implications of US President Donald Trump's recent decision to impose a 10% tariff on China.
The Hang Seng China Enterprises Index fell as much as 2.2% during early trading, reflecting similar declines observed across the region. The stock market in Hong Kong was closed since midday on January 28, while equities on the mainland are set to resume trading on February 5.