Hong Kong Stocks Open Lower on US Tariffs, Slower GDP Growth Woes

MT Newswires Live

Apr 11, 2025

Hong Kong stocks opened lower on Friday after the White House clarified tariffs against China are at 145%.

The Hang Seng Index fell 1.14% to 20,446.35 on Friday morning from Thursday afternoon's close of 20,681.78. The Hang Seng China Enterprises Index declined 0.39% to 7,638.24 from 7,668.38.

Trump's latest executive order increased tariffs against China to 125% from 84%.

An official at the White House said the 125% tariff on Chinese imports comes on top of a 20% tariff imposed by the administration of US President Donald Trump related to fentanyl, according to a CNBC report.

Meanwhile, Trump's tariffs against China have made it "impossible for anyone to do business," the South China Morning Post reported Thursday, citing Steve Chuang Tzu-hsiung, chairman of the Federation of Hong Kong Industries.

"The biggest challenge for Hong Kong businesses now is, if you continue production in mainland China, do you ship or not? Will the American buyers cancel," the SCMP quoted Chuang as saying.

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Will the American buyers cancel,\" the SCMP quoted Chuang as saying.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Open Lower on US Tariffs, Slower GDP Growth Woes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Open Lower on US Tariffs, Slower GDP Growth Woes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-11 10:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Hong Kong stocks opened lower on Friday after the White House clarified tariffs against China are at 145%.</p><p>The Hang Seng Index fell 1.14% to 20,446.35 on Friday morning from Thursday afternoon's close of 20,681.78. The Hang Seng China Enterprises Index declined 0.39% to 7,638.24 from 7,668.38.</p><p>Trump's latest executive order increased tariffs against China to 125% from 84%.</p><p>An official at the White House said the 125% tariff on Chinese imports comes on top of a 20% tariff imposed by the administration of US President Donald Trump related to fentanyl, according to a CNBC report.</p><p>Meanwhile, Trump's tariffs against China have made it \"impossible for anyone to do business,\" the South China Morning Post reported Thursday, citing Steve Chuang Tzu-hsiung, chairman of the Federation of Hong Kong Industries.</p><p>\"The biggest challenge for Hong Kong businesses now is, if you continue production in mainland China, do you ship or not? Will the American buyers cancel,\" the SCMP quoted Chuang as saying.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_HHI","symbol_name":"H股指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2526744715","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526744715","pubTimestamp":1744338757,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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The Hang Seng China Enterprises Index declined 0.39% to 7,638.24 from 7,668.38.Trump's latest executive order increased tariffs against China to 125% from 84%.An official at the White House said the 125% tariff on Chinese imports comes on top of a 20% tariff imposed by the administration of US President Donald Trump related to fentanyl, according to a CNBC report.Meanwhile, Trump's tariffs against China have made it \"impossible for anyone to do business,\" the South China Morning Post reported Thursday, citing Steve Chuang Tzu-hsiung, chairman of the Federation of Hong Kong Industries.\"The biggest challenge for Hong Kong businesses now is, if you continue production in mainland China, do you ship or not? Will the American buyers cancel,\" the SCMP quoted Chuang as saying.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}