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Hong Kong Stocks Dive Amid US Tariff Fears

3/31/2025

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Summary

Story summary

Hong Kong stocks plunged to a four-month low, with the Hang Seng Index sinking 1.7% to 23,022.05, as fears of US tariffs overshadowed encouraging manufacturing data from China. Major tech giants like Alibaba and Tencent felt the heat, as analysts caution that rising trade tensions could dramatically alter global markets ahead of Trump's looming tariff decisions.

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Story summary

Hong Kong stocks plunged to a four-month low, with the Hang Seng Index sinking 1.7% to 23,022.05, as fears of US tariffs overshadowed encouraging manufacturing data from China. Major tech giants like Alibaba and Tencent felt the heat, as analysts caution that rising trade tensions could dramatically alter global markets ahead of Trump's looming tariff decisions.