Hong Kong Shares Poised for Steep Weekly Loss
Friday, July 04, 2025       09:53 WIB

Hong Kong stocks fell 229 points or nearly 1% to 23,840 in Friday morning trade, extending losses from the previous session as declines swept across all sectors.
Investor sentiment remained fragile ahead of the July 9 expiration of the 90-day trade truce, while caution also mounted ahead of key Chinese economic data next week, including June CPI, PPI, and trade figures.
Locally, private sector activity in Hong Kong contracted at the sharpest pace in over three years, with output, new orders, and overseas sales--including to mainland China--all falling.
Losses were partially limited by hopes that the upcoming Politburo meeting may introduce fresh stimulus to offset mounting pressure from aggressive U.S. tariffs.
Among the top decliners were AIA Group (-4.0%), Sunny Optical Tech. (-3.5%), Techtronic Industries (-2.4%), and China Feihe (-2.4%).
For the week, markets are heading for a steep weekly loss, down almost 2% so far, after a robust gain in the prior period.

Sumber : Tradingview.com