Hong Kong’s stock market opened lower, mirroring the cautious sentiment prevailing in global markets. The Hang Seng Index immediately felt the pressure, registering a decline as trading commenced.

The downturn is largely attributed to ongoing uncertainties in the global economic landscape. Investors are closely monitoring developments related to international trade, inflation, and potential shifts in monetary policy by major central banks.

Geopolitical tensions also continue to weigh on market sentiment, adding another layer of complexity to investment decisions. Market participants are adopting a risk-averse approach, contributing to the initial downward trend in Hong Kong stocks.