(11 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Hong Kong – 11 April 2025
1. Wide pan of exterior of Hong Kong Stock Exchange building
2. Close of electronic ticket-tape showing the benchmark Hang Seng Index (HSI)
3. Wide of tourists taking group photo outside Hong Kong Stock Exchange
4. Various of electronic board and ticket-tape
5. Setup shot of Louis Wong, Director of Philip Securities Group
6. SOUNDBITE (English), Louis Wong, Director, Philip Securities Group:
“Investors are still rattled by tariff war between US and China, with White House confirming that the effective tariff rate on China was 145%, more than the 125% announced. But today we also notice that Hong Kong market was more resilient. The Hang Seng index only found support around 20,450. Before the market opened, it was expected Hang Seng Index may test the 20,000 mark, but actually it found support around 20,450.”
7. Close of Wong’s face
8. SOUNDBITE (English), Louis Wong, Director, Philip Securities Group:
“Investors have to fasten the seat belts. We expect more volatility ahead in stock markets as well as in the bond market. Investors should be wary of the sell off in bond markets recently. There were lots of rumors, rumors saying that China and Japan are dumping US Treasuries. While these rumors are not confirmed, but the bond market, actually, we did see sell off, rising bond yields and falling bond prices.”
9. Various of Hong Kong Stock Exchange exterior
STORYLINE:
Asian shares sank Friday after U.S. stocks gave up much of their historic gains from the day before.
Hong Kong’s Hang Seng edged down 0.4% to 20,606.04 as a result of deepening worries over President Donald Trump’s trade war.
Louis Wong, Director, Philip Securities Group, said that the Hong Kong market had been more resilient, but he warned of more turbulence to come.
“Investors have to fasten the seat belts. We expect more volatility ahead in stock markets as well as in the bond market."
He said investors needed to be wary about the sell off in bond markets recently.
"There were lots of rumors, saying that China and Japan are dumping US Treasuries. While these rumors are not confirmed, but the bond market, actually, we did see sell off, rising bond yields and falling bond prices.”
AP Video by Alice Fung
===========================================================
Clients are reminded to adhere to all listed restrictions and to check the terms of their licence agreements. For further assistance, please contact the AP Archive on: Tel +44(0)2074827482 Email: info@aparchive.com.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/5951f92f491f4eb2a6327be685ea8574
Author: AP Archive
Go to Source
News post in April 16, 2025, 6:06 am.
Visit Our Sponsor’s:
News Post In – News
