0850 GMT - Hong Kong's Hang Seng Index could have room to run after getting a lift from news that China and the U.S. will lower tariffs. That eases concerns over corporate profits and trade uncertainty, as China's latest stimulus is starting to take effect, says Dilin Wu at Pepperstone. The stimulus aims to boost demand and financing efficiency, reducing reliance on external drivers, Wu says. The next catalysts will be quarterly earnings from Tencent and Alibaba. If results and guidance beat expectations, that could propel the HSI higher, Wu says. Also in focus is a ruling on AI chip-export controls. If Trump scraps curbs as expected and introduces a more streamlined regime, that could be a tailwind for the tech sector, Wu adds. The index finished 3.0% higher. (fabiana.negrinochoa@wsj.com)
(END) Dow Jones Newswires
May 12, 2025 04:50 ET (08:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。