Author:
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?