0138 GMT - Hong Kong shares open lower, with sentiment weighed by U.S. plans to impose an additional 10% tariff on Chinese imports. The benchmark Hang Seng Index falls 0.7% to 23542.90. Auto stocks and tech stocks lead losses. Li Auto and BYD are down 2.8% and 2.0%, respectively. Meituan and Alibaba Group decline 1.7% and 1.6%, respectively. The Hang Seng Tech Index falls 0.9%. Among individual movers, Xiaomi leads gains, rising 5.0% after launching a cheaper-than-expected SUV model. Investors are watching for the upcoming Two Sessions meeting that kicks off next week for more details on China's GDP target and stimulus policies.(jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
February 27, 2025 20:38 ET (01:38 GMT)
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