Hong Kong Stocks Edge Higher
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Hong Kong stocks rose 64 points (0.2%) to 25,703 in early trade, led by gains in tech and consumer sectors. Investors are evaluating November trade data, which showed the fastest growth in four years despite a widening trade deficit. Attention is on upcoming U.S. economic releases, including Fed meeting minutes and jobless claims. Notable gainers include Sunny Optical Technology (+2.0%), SMIC (+1.7%), Geely Automobile (+1.4%), and Xiaomi Corp. (+1.2%). Year-to-date, Hong Kong stocks are up about 28%, buoyed by liquidity in China and easing Sino-U.S. trade tensions.
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