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Average MPF earnings reach HK$9,126 in Q1 2025: Market volatility expected ahead On April 3, GUM, a Mandatory Provident Fund (MPF) advisory company, announced its Q1 2025 MPF performance report.
Hong Kong
2025.04.03 19:00
US tariff policy sparks limited impact on HK stocks, GUM predicts US President Trump announced a reciprocal tariff policy with a 34% tariff on Chinese imports. GUM's Mr. Chan expects limited impact on Hong Kong stocks, citing Asia's reduced reliance on the US market and breakthroughs in China's tech industry. The Hang Seng Index may reach 24,000 points by Q2's end, while US stocks are projected to remain steady. However, net outflows from Hong Kong equity funds persist, and investor confidence in Hong Kong stocks remains cautious despite recent gains.
Business
2025.04.03 16:15
Trump's car tariff hits: Purchasing options for American working class squeezed On April 2, US President Donald Trump announced a 25% tariff on imported cars, set to take effect on April 3. While the Trump administration claims this measure aims to revitalize the American automotive industry, many experts have raised concerns about the potential negative impacts.
World
2025.04.03 14:35
US stock market posts worst quarterly performance in over two years The US stock market recorded its worst quarterly performance in more than two years, weighed down by ongoing trade tensions and other factors impacting investor sentiment, according to reports from CCTV News. The Nasdaq Composite Index fell by 10.4% in the first quarter of 2025, marking its largest single-quarter decline since Q2 of 2022. Similarly, the S&P 500 Index dropped by 4.6%, the worst quarterly performance since Q3 of 2022. 
World
2025.04.02 17:46
Watch This | Tesla on roller coaster: Mysterious reversal after humongous plunge of stock price jitters market Recently, Tesla's stock price has been on a "roller coaster" ride, experiencing astonishingly wild fluctuations. First, it plunged by more than 15% in a single day, and its market value evaporated by nearly one trillion yuan overnight, causing an uproar in the market. All parties have launched in-depth analyses of the causes of this stock price avalanche. But just when everyone thought Tesla was about to sink into a trough, its stock price rebounded strongly, staging a reversal drama.
Young Voices
2025.04.01 15:15
HK to host first Global Finance and Industry Summit in June, aiming to become Asia's 'Davos Forum' Financial Secretary Paul Chan previously stated that the summit reflects Hong Kong's proactive strategy to mobilize global capital, technology, and industry leaders through the power of finance. The event aims to foster international industrial cooperation while attracting top-tier enterprises and investors—both from China and abroad—to set up operations in Hong Kong.
Business
2025.04.01 10:40
DDN Business Insider | As retaliatory tariffs loom, what's future of Trump's tariff policy? Editor's note: US President Donald Trump said in his previous speech that the retaliatory tariffs will start on April 2, and the tariffs on agricultural products will also take effect on April 2. The final direction of the tariff policy has become the focus of attention.
Business
2025.03.31 19:17
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