Reported about 7 hours ago
Chinese stocks listed in Hong Kong are expected to face renewed pressure after U.S. President Donald Trump announced new tariffs on China and other countries. As the market resumes trading, fears of rising tariffs are likely to hinder Chinese exports, impacting the country’s economy. Online retailers like Alibaba may be particularly vulnerable, while semiconductor companies could see varying effects amid ongoing U.S.-China tensions. Investors are bracing for potential retaliatory measures from China and other implications for various sectors, including auto and green energy.
Source: YAHOO