China Finance Ministry Calls Press Briefing, Firing Up Stimulus Hopes

Dow Jones02:17 ET

Target: 5-minute full charge! Global battery manufacturers compete: Ningwang leads, Korean companies vow to catch up.

①In the increasingly fierce electric vehicle racing field in recent years, which company can now take the lead in alleviating consumers' "range anxiety", perhaps who can seize the opportunity. ②Now, many Asian battery manufacturers are competing to develop a new generation of electric vehicle "super fast charging" batteries, which are expected to make the charging speed of electric vehicles as fast as refueling gasoline or diesel vehicles:

cls.cn23:34 ET

Hong Kong stocks experienced a significant pullback, with the Hang Seng Index falling by 12.82%. Industry insiders interpret it this way.

On October 8, the Hang Seng Index fell by 9.41%, and the Hang Seng Tech Index plummeted by 12.82% in a single day. Brokerage analysts stated that the main reason for the decline was the resumption of work in the A-share market, the primary battleground recovery, combined with relatively empty content from the National Development and Reform Commission meeting, which fell below the market's expectations of continued bullish signals being released, leading to foreign capital not seeing clear signs of fiscal stimuli.

cls.cn22:40 ET

Express News | HK's Hang Seng Index Rises 0.35% as of 0222 Gmt

Reuters22:22 ET

Express News | Corrected-HK’s Hang Seng Index Down 0.46% (Not up or Down Over 2%)

Reuters22:17 ET

S&P Global: Under the escalation of the Middle East situation, the global economy is facing an unprecedented 'dangerous period.'

S&P Global Vice Chairman and energy expert Daniel Yergin stated on Tuesday that due to escalating tensions in the Middle East, the global economy is entering an unprecedented "dangerous period." Yergin pointed out that he expects Israel's retaliation to be not just a replay of April, but to be "more intense."

cls.cn22:08 ET