Stocks in Hong Kong were volatile, with gold stocks leading the decline. Trump's tariff measures were "called off", causing spot gold to briefly fall below the 3250 mark.

According to the Wisdom Financial APP, gold stocks are leading the decline. As of the time of writing, Lingbao Gold (03330.HK) fell by 4.8% to 10.7 Hong Kong dollars; Chifeng Gold (06693.HK) fell by 4.06% to 27.2 Hong Kong dollars; Shandong Gold (01787.HK) fell by 2.43% to 24.05 Hong Kong dollars; China Gold International (02099) fell by 2.37% to 59.75 Hong Kong dollars.