Hong Kong Stocks Close Higher as US Blocks Trump’s Tariffs in Win for Global Trade

Market Watcher

05-29

Hong Kong stocks closed higher on Thursday after a US court blocked President Donald Trump’s sweeping “reciprocal tariffs”, fuelling bets global trade tensions will ease.

The Hang Seng Index advanced 1.4%, while the Hang Seng Tech Index rallied 2.5%.

In terms of star stocks, Meituan rose 7%; XPeng and Kuaishou rose 5%; JD.com and NIO rose 4%; Baidu rose 3%; Alibaba, NetEase, and SMIC rose 2%; Tencent rose 0.9%.

The US Court of International Trade in Manhattan ruled on Wednesday against Trump’s move to impose punitive tariffs on the nation’s trading partner, saying the president overstepped his authority. Twelve US states, led by Oregon, and five American businesses challenged Trump’s April 2 “Liberation Day” measure. The Trump administration said it would appeal against the decision.

The verdict may strengthen a 15 per cent rebound in the Hang Seng Index from an April low, adding to market optimism since the US and China reached a 90-day truce earlier this month. It would also allow investors to focus on economic data and corporate earnings, analysts said.

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It would also allow investors to focus on economic data and corporate earnings, analysts said.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Close Higher as US Blocks Trump’s Tariffs in Win for Global Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Close Higher as US Blocks Trump’s Tariffs in Win for Global Trade\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1027265475\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/b4070558872429328fe9f26a97b36c72);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Watcher </p>\n<p class=\"h-time smaller\">2025-05-29 17:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><head></head><body><p>Hong Kong stocks closed higher on Thursday after a US court blocked President Donald Trump’s sweeping “reciprocal tariffs”, fuelling bets global trade tensions will ease.</p><p style=\"text-align: start;\">The Hang Seng Index advanced 1.4%, while the Hang Seng Tech Index rallied 2.5%.</p><p>In terms of star stocks, Meituan rose 7%; XPeng and Kuaishou rose 5%; JD.com and NIO rose 4%; Baidu rose 3%; Alibaba, NetEase, and SMIC rose 2%; Tencent rose 0.9%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1f28496d1c4bf09119c17c46b50ce076\" tg-width=\"463\" tg-height=\"634\"/></p><p>The US Court of International Trade in Manhattan ruled on Wednesday against Trump’s move to impose punitive tariffs on the nation’s trading partner, saying the president overstepped his authority. Twelve US states, led by Oregon, and five American businesses challenged Trump’s April 2 “Liberation Day” measure. The Trump administration said it would appeal against the decision.</p><p>The verdict may strengthen a 15 per cent rebound in the Hang Seng Index from an April low, adding to market optimism since the US and China reached a 90-day truce earlier this month. It would also allow investors to focus on economic data and corporate earnings, analysts said.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"","article_id":"1161496667","we_media_id":"1027265475","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161496667","pubTimestamp":1748509758,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Watcher","introduction":"stay tuned on realtime market movements","home_visible":1,"id":"1027265475","head_image":"https://static.tigerbbs.com/b4070558872429328fe9f26a97b36c72"},"summary":"Hong Kong stocks jumped by the most in a week in lockstep with major equity markets in the region after a US court blocked President Donald Trump’s sweeping “reciprocal tariffs”, fuelling bets global trade tensions will ease.The Hang Seng Index advanced 1.3%, while the Hang Seng Tech Index rallied 2.6%.In terms of star stocks, XPeng rose 7%; Meituan rose 6%; JD.com and NIO rose 4%; Kuaishou and Alibaba rose 3%; NetEase, Li Auto, and Baidu rose 2%; SMIC and Tencent rose 1%; Xiaomi rose 0.6%; BYD ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"美国阻止特朗普关税为全球贸易带来胜利，港股收高","themeId":"5ca567727191b812b0df6cc72509d395","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00700":1.1,"00981":1.1,"01024":1.1,"01211":1.1,"01810":1.1,"02015":1.1,"02202":1.1,"03690":1.1,"09618":1.1,"09626":1.1,"09866":1.1,"09868":1.1,"09888":1.1,"09898":1.1,"09961":1.1,"09988":1.1,"09999":1.1,"HSCEI":1,"HSI":1,"HSTECH":1,"TCEHY":1.1},"content_text":"Hong Kong stocks closed higher on Thursday after a US court blocked President Donald Trump’s sweeping “reciprocal tariffs”, fuelling bets global trade tensions will ease.The Hang Seng Index advanced 1.4%, while the Hang Seng Tech Index rallied 2.5%.In terms of star stocks, Meituan rose 7%; XPeng and Kuaishou rose 5%; JD.com and NIO rose 4%; Baidu rose 3%; Alibaba, NetEase, and SMIC rose 2%; Tencent rose 0.9%.The US Court of International Trade in Manhattan ruled on Wednesday against Trump’s move to impose punitive tariffs on the nation’s trading partner, saying the president overstepped his authority. Twelve US states, led by Oregon, and five American businesses challenged Trump’s April 2 “Liberation Day” measure. The Trump administration said it would appeal against the decision.The verdict may strengthen a 15 per cent rebound in the Hang Seng Index from an April low, adding to market optimism since the US and China reached a 90-day truce earlier this month. It would also allow investors to focus on economic data and corporate earnings, analysts said.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}