Chinese and Hong Kong stock markets are bracing for a volatile period following the announcement of new tariffs from the US, which has led to a significant selloff and concerns among investors. The Hang Seng Index has plunged to a six-week low, with tech stocks entering correction territory as fears over the impact of these tariffs escalate. While some investors remain hopeful for government stimulus measures to cushion the blow, others are cautious, prompting a mix of losses and modest gains across different sectors. Analysts suggest that market volatility is likely to continue until clear signals from Beijing emerge. The sentiment remains fragile as traders react to escalating trade tensions and fluctuations in the yuan.