Hong Kong Shares Lower, Weighed by Tech Stocks -- Market Talk

Dow Jones

03-31

0825 GMT - Hong Kong shares weakened, with the Hang Seng Index dropping 1.3% to 23119.58. The Hang Seng Tech Index was 2.0% lower. Investors are closely watching developments regarding the Trump administration's April 2 deadline to introduce reciprocal tariffs. Among major stocks, tech companies were leading the declines. Alibaba dropped 2.3%, Baidu was down 3.6% and Meituan was 2.7% lower. Gainers include Bank of China, which was 2.2% higher and PetroChina, which added 2.1%. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

March 31, 2025 04:25 ET (08:25 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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