Core Insights - Hong Kong's overall export and import values recorded year-on-year increases in April 2025, with exports rising by 14.7% and imports by 15.8% compared to April 2024 [1] - The trade deficit for April 2025 was HKD 16 billion, equivalent to 3.6% of the import value [1] - For the first four months of 2025, overall export value increased by 11.9% and import value by 11.4% compared to the same period in 2024, resulting in a trade deficit of HKD 96.9 billion, or 5.7% of import value [1] By Country/Region Analysis - In April 2025, exports to Asia increased by 20.8%, with significant rises to Malaysia (61.5%), Vietnam (48.3%), Taiwan (24.1%), mainland China (23.0%), and India (22.5%) [2] - Conversely, exports to South Korea decreased by 26.7% [2] - Imports from major suppliers also saw increases, particularly from Vietnam (107.3%), the UK (59.5%), Taiwan (50.6%), and mainland China (14.8%), while imports from South Korea fell by 21.3% [2][3] By Major Product Category Analysis - In April 2025, significant increases in export values were noted for "electrical machinery, instruments, and apparatus" (increase of HKD 33.5 billion, 18.7%) and "office machines and automatic data processing equipment" (increase of HKD 19.5 billion, 46.0%) [4] - Import values for these categories also rose, with "electrical machinery, instruments, and apparatus" increasing by HKD 29.9 billion (16.8%) and "office machines and automatic data processing equipment" by HKD 19.5 billion (67.1%) [4] - For the first four months of 2025, exports of "office machines and automatic data processing equipment" surged by HKD 106.2 billion (72.1%) and "electrical machinery, instruments, and apparatus" by HKD 76.4 billion (11.2%) [4] Future Outlook - The easing of recent international trade tensions and the steady growth of the mainland economy, along with Hong Kong's efforts to strengthen trade ties with various markets, are expected to support trade performance [5]

2025.04. 23 本文字数：888，阅读时长大约1.5分钟 作者 | 第一财经 胡弋杰 工业巨头3M因一季度盈利好于预期，股价大涨8.1%；而诺斯洛普格拉曼与航空航天公司RTX因担忧 成本上升影响全年盈利预期，分别重挫12.7%和9.8%。 热门中概股表现强势，纳斯达克中国金龙指数收涨3.69%。阿里巴巴涨超5%，拼多多、小鹏汽车、 蔚来涨逾4%，向上融科涨逾7%，富途控股涨超6%。 美国总统特朗普在当地时间周二出席美国证交会主席阿特金斯就职宣誓仪式时表示，他无意解雇美联 储主席鲍威尔。明尼阿波利斯联储主席卡什卡利表示，美联储的独立性是实现良好经济运行的基础， 强调政策将根据数据推动，而非政治压力。 贵金属市场方面，黄金期货盘中一度突破每盎司3500美元关口，随后回吐涨幅，收跌0.17%，报 3419.40美元。 原油方面，全球需求预期上升以及供应端调节推动油价继续上扬。WTI原油上涨2.02%，收于每桶 63.67美元；布伦特原油上涨1.81%，收于每桶66.48美元。 美股周二全面反弹，三大指数单日涨幅均超过2.5%。财报季进入密集披露期，多家大型企业的业绩 提振市场情绪。同时，市场对国际贸易摩擦缓 ...