Hong Kong Shares Edge Lower Amid Storm Alert and China Data Caution

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Hong Kong stocks fell 26 points or 0.1% to 24,711 on Tuesday morning, reversing gains from the prior session.
Traders remained cautious after the city's weather bureau extended its highest "black" rainstorm warning until 11 a.m., as torrential rain disrupted schools, hospitals, courts, and registry offices.
The Hong Kong Stock Exchange remained open under a revised policy allowing trading to continue regardless of weather.
Investors also cautiously awaited China's July trade data and upcoming inflation figures, amid concerns over rising trade barriers and weak domestic demand.
Consumer stocks dropped amid modest gains in property, financials, and tech.
On Wall Street, all three major indexes posted their strongest daily gain since May 27, as investors hunted bargains after Friday's selloff and boosted bets on a September rate cut following softer-than-expected U.S. jobs data.
Notable decliners included KE Holdings (-4.4%), Laopu (-3.1%), Chow Tai Fook (-2.7%), and Meituan (-1.1%).

Sumber : Tradingview.com

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