Hang Seng Stock Market and Retail Sales Soft in April
Author: @aljif7
Platform: Hive
Date: Tuesday, 3 June, 2025
Category: Finance-News
It looks like Hang Seng Index is in a critical point; wether it broke the level over 23,600 points or wether it makes a correction.
In addition, it looks like Hong Kong's retail sector is facing some headwinds, especially with shrinking sales in key categories like jewelry, apparel, and vehicles.
The year-on-year declines in both March and April are definitely a cause for concern.
However, the government’s focus on boosting tourism and hosting major events could be a game-changer if executed well. With support from rising employment earnings and a stable mainland China economy, there’s hope for a rebound later this year.
Let’s keep an eye on how these strategies play out in the second half of 2025.
How do you think June will be for the markets?
Posted Using INLEO