Hong Kong stocks traded cautiously on Monday, reflecting a subdued mood ahead of the Christmas holiday. Market participants appeared hesitant to make significant moves, resulting in a relatively quiet trading session.

Trading volumes were notably lower than usual, indicating a lack of strong conviction among investors. Most sectors experienced minimal price fluctuations, with both gains and losses remaining marginal.

Analysts attributed the market’s cautious stance to the impending holiday break, as many traders have already closed their books for the year. The absence of major economic data releases further contributed to the subdued atmosphere.

Looking ahead, market participants anticipate a gradual return to normal trading activity in the new year. However, uncertainties surrounding global economic growth and potential policy changes could continue to influence investor sentiment.