Hong Kong stocks extend slide as CK Hutchison, CK Asset earnings disappoint

Quick Summary:

Traders remain wary of the rapid gains in recent weeks as realities on the ground do not match fundamentals.

Investors are concerned Hong Kong stocks have risen quite rapidly and have outpaced fundamentals.

Investors are also cautious ahead of US President Donald Trump’s moves next month when he is likely to announce reciprocal tariffs on trading partners.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Hong Kong Hang Biggest Seng Cent Companies Stocks Friday Week Index

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 10:44:07 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 293 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27207073

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About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 12 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 3 hours ago

Coverage Areas: Hong Kong

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Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #42

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