Market Overview - The Hang Seng Index closed down by 1.18% while the Hang Seng Tech Index fell by 0.74% [1] - The Hong Kong Tech ETF (159751) decreased by 0.68% and the Hang Seng Hong Kong Stock Connect ETF (159318) dropped by 0.92% [1] Sector Performance - Multi-category retail and gas sectors showed the highest gains [1] - Communication equipment and healthcare equipment sectors experienced the largest declines [1] Individual Stock Movements - Lens Technology (300433) increased by 5.36% and Shandong Gold (600547) rose by 4.48% [1] - Dongfang Zhenxuan fell by 11.2% and Xintai Medical dropped by 12.75% [1] - Kingworld Medicines (金界控股) surged by 17.94% and Huabao International (华宝国际) climbed by 11.9% [1]

Market Overview - The Hang Seng Index closed down 0.06% while the Hang Seng Tech Index fell by 0.45% [1] - The Hong Kong Tech ETF (159751) increased by 0.09% and the Hang Seng Hong Kong Stock Connect ETF (159318) rose by 0.14% [1] Sector Performance - Multi-category retail and computer & peripheral equipment sectors showed strong gains [1] - The home goods sector experienced significant declines [1] Individual Stock Movements - China Pacific Insurance saw a rise of 5.12% and New China Life Insurance increased by 4.82% [1] - Tianli International Holdings dropped by 5.46% and Nexperia fell by 6.94% [1] - LKK Technology surged by 16.91% and Rongchang Bio rose by 15.55% [1]

Market Performance - The U.S. stock market has experienced significant declines, with the Dow Jones Industrial Average down 7.76%, the S&P 500 down 7.86%, and the Nasdaq Composite down 11.45% from January 20 to April 25, marking one of the worst starts for a U.S. president in the 21st century [6][8]. - The ICE U.S. Dollar Index has dropped nearly 9%, indicating a historically poor performance for the dollar in the first 100 days of a presidency [9][10]. Consumer Confidence and Economic Outlook - The University of Michigan Consumer Sentiment Index has fallen to its lowest level since August 2022, down nearly 30% from its peak in December 2022 [5][14]. - Economic uncertainty is prevalent, with reports indicating a significant increase in negative sentiment among U.S. businesses, reaching the worst levels since the 2008 financial crisis [14]. Investment Trends - European pension funds are reassessing their investments in the U.S. market, with some institutions pausing investments due to the uncertainty created by U.S. trade policies [18][19]. - Notable shifts in investment strategies include a reduction in U.S. stock holdings by Finnish pension funds and a fundamental reassessment of U.S. assets by Danish pension funds [19]. Gold and Cryptocurrency Market - Spot gold prices surged to $3,500 per ounce, driven by the depreciation of the dollar and the loss of safe-haven status for U.S. Treasuries [11]. - Bitcoin prices briefly surpassed $95,000, reflecting a resurgence in the cryptocurrency market [37][39].