Hong Kong Shares Flat; Gaming Stocks Lead Declines -- Market Talk

Dow Jones02-03 16:31

0831 GMT - Hong Kong shares ended flat, with Hang Seng Index little changed at 20217.26. The Hang Seng Tech Index was 0.3% higher at 4737.46. Market sentiment had been weighed by Trump's announcement on additional tariffs on Chinese goods, especially in the early morning session, before paring some of its losses. Among major stocks, gaming companies led the decline after Macau reported its gaming revenue fell for a second-straight month. Sands China was 7.0% lower and Galaxy Entertainment Group dropped 5.9%. Gainers included SMIC, which added 10.3%, and Alibaba, which gained 6.5%. Lenovo was 5.9% higher. (tracy.qu@wsj.com)

 

(END) Dow Jones Newswires

February 03, 2025 03:31 ET (08:31 GMT)

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