Hong Kong Shares Flat; Recession Fears Remain in Focus -- Market Talk

Dow Jones

2025/03/11

0828 GMT - Hong Kong's Hang Seng Index closed flat at 23782.14, erasing earlier losses. Recession fears are increasingly dominating sentiment, as markets have been "complacent" so far regarding the downside risks of Trump's tariffs to global economic growth, Michael Wan of MUFG writes in a note. Tariff and trade policy uncertainties will continue to feed through to Asia overtime through the decline in manufacturing investments and weaker exports, Wan adds. Among decliners, Zijin Mining Group fell 3.7%, HSBC lost 3.2% and Xinyi Solar was 2.0% lower. Meanwhile, Sino Biopharmaceutical rose 6.3%, Kuaishou Technology gained 5.15% and Nongfu Spring was 4.9% higher. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

March 11, 2025 04:30 ET (08:30 GMT)

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Recession fears are increasingly dominating sentiment, as markets have been \"complacent\" so far regarding the downside risks of Trump's tariffs to global economic growth, Michael Wan of MUFG writes in a note. Tariff and trade policy uncertainties will continue to feed through to Asia overtime through the decline in manufacturing investments and weaker exports, Wan adds. Among decliners, Zijin Mining Group fell 3.7%, HSBC lost 3.2% and Xinyi Solar was 2.0% lower. Meanwhile, Sino Biopharmaceutical rose 6.3%, Kuaishou Technology gained 5.15% and Nongfu Spring was 4.9% higher. (kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 11, 2025 04:30 ET (08:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0128525689.USD","symbol_name":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2518796035","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518796035","pubTimestamp":1741681800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0828 GMT - Hong Kong's Hang Seng Index closed flat at 23782.14, erasing earlier losses. Recession fears are increasingly dominating sentiment, as markets have been \"complacent\" so far regarding the downside risks of Trump's tariffs to global economic growth, Michael Wan of MUFG writes in a note. Tariff and trade policy uncertainties will continue to feed through to Asia overtime through the decline in manufacturing investments and weaker exports, Wan adds. Among decliners, Zijin Mining Group fell 3.7%, HSBC lost 3.2% and Xinyi Solar was 2.0% lower. Meanwhile, Sino Biopharmaceutical rose 6.3%, Kuaishou Technology gained 5.15% and Nongfu Spring was 4.9% higher. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4588":"碎股","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4585":"ETF&股票定投概念","BK4521":"英国银行股","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","HSBC":"汇丰","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4207":"综合性银行","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC"},"translate_title":"港股持平；经济衰退担忧仍然是焦点——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSBC":0.6},"content_text":"0828 GMT - Hong Kong's Hang Seng Index closed flat at 23782.14, erasing earlier losses. Recession fears are increasingly dominating sentiment, as markets have been \"complacent\" so far regarding the downside risks of Trump's tariffs to global economic growth, Michael Wan of MUFG writes in a note. Tariff and trade policy uncertainties will continue to feed through to Asia overtime through the decline in manufacturing investments and weaker exports, Wan adds. Among decliners, Zijin Mining Group fell 3.7%, HSBC lost 3.2% and Xinyi Solar was 2.0% lower. Meanwhile, Sino Biopharmaceutical rose 6.3%, Kuaishou Technology gained 5.15% and Nongfu Spring was 4.9% higher. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 11, 2025 04:30 ET (08:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}