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Quick look at the Hong Kong market | Hong Kong stocks continue to rebound! All three indices rise, with the technology index up over 2%; Apple Supplier and Golden Industrial Concept are strong, BYD Electronics rises nearly 7%, and ZHAOJIN MINING rises ove
Most Network Technology stocks rose, with KUAISHOU-W up 3.76% and JD-SW up 3.66%; all Golden Industrial Concept stocks increased, with LINGBAO GOLD up 10.42% and ZHAOJIN MINING up 7.04%; Apple Supplier stocks performed well, with BYD Electronics up 6.70% and AAC TECH up 5.76%.
In March, the retail sales of 50 key large retail enterprises nationwide decreased by 0.3% year-on-year, a decrease that is smaller than in the previous two months.
In March 2025, retail sales of 50 key large retail enterprises nationwide (mainly in the department store format) decreased by 0.3% year-on-year, with the decline narrowing by 4.3 percentage points compared to January and February, indicating the inherent momentum for improved Consumer sentiment and market resilience.
Hong Kong stocks movement丨CHOW SANG SANG fell nearly 5%, hitting a new low in about a month and a half.
Gelonghui, April 9 | CHOW SANG SANG (0116.HK) saw its stock price drop by 4.79% during the day to HKD 6.36, marking a new low of about one and a half months since February 26 of this year. According to the latest rights disclosure data from the Stock Exchange, CHOW SANG SANG had its shares reduced by Schroders PLC in the market on April 3 at an average price of HKD 7.2107 per share, involving approximately HKD 1.8604 million. After the reduction, its shareholding ratio decreased from 5.02% to 4.98%. (Gelonghui)
Hong Kong market overview | The three major Indexes rebounded! The Hang Seng Index stabilized above 20,000 points; tech and Autos stocks performed impressively, with JD.com rising nearly 9% and LEAPMOTOR increasing over 12%.
Network Technology stocks rose, with JD-SW up 8.86% and NTES-S up 7.47%; Hong Kong Retail Stocks saw a general increase, with CHOW TAI FOOK rising 9.08% and SA SA INT'L down 6.45%; Semiconductor stocks strengthened, with INNODISK up 12.70% and HG SEMI up 10.00%.
CHOW SANG SANG (00116.HK) faced a Shareholding reduction of 0.258 million shares by Schroders PLC.
On April 8, according to the latest equity disclosure information from the Hong Kong Stock Exchange, on April 3, 2025, CHOW SANG SANG (00116.HK) was reduced by Schroders PLC in the market by 258,000 shares at an average price of HKD 7.2107 per share, involving approximately HKD 1.8604 million. After the shareholding reduction, the latest number of shares held by Schroders PLC is 33,494,847 shares, and the shareholding percentage has decreased from 5.02% to 4.98%.
The U.S. announced reciprocal tariffs. UBS Group's CIO stated that the White House's executive power may face legal challenges in the coming week, which is expected to negatively affect the stock markets in China and Europe. Bullish on Gold.
UBS Group's Wealth Management Asia Pacific Chief Investment Office (CIO) published a report indicating that USA President Trump "unprecedentedly" invoked the International Emergency Economic Powers Act to announce reciprocal tariffs against multiple countries. The firm anticipates that the White House will face legal challenges in the coming week. Additionally, the business community is expected to intensify lobbying efforts; as economic costs rise, political pressure to ease tariffs is also likely to increase. The firm predicts, based on a basic scenario (with a probability of 50%), that tariffs will ultimately fall below the levels announced by Trump. Trump has invited negotiations, and Treasury Secretary Mnuchin previously stated that the listed tariffs are the "ceiling," allowing countries to take measures to reduce them.