Hong Kong Stock Market Ends March with Modest Gains

Hong Kong's Hang Seng Index concluded the last trading day of March with slight gains, marking a stable end to the month. According to Ming Pao, despite the positive performance of the index, both the market's activity yesterday and the first quarter's results did not fully align with the Hang Seng's modest rise. China's official Purchasing Managers' Index (PMI) for March exceeded expectations, easing concerns about the impact of oil prices on the economy. However, even with a rebound following significant declines in external markets, Hong Kong stocks may not keep pace, suggesting that expectations for future market performance should remain cautious.