Trump stated that he is looking forward to April 2, while Global investors are on high alert.

President Donald Trump said he is looking forward to April 2. However, global stock investors feel differently. The Trump administration is expected to announce a series of so-called reciprocal tariffs against USA trade partners on Wednesday, which may bring another heavy blow to the market. Trump mentioned that the related measures would be "loose," but given that the content of the next round of tariff plans remains unclear, Fund managers remain cautiously competitive. The automobile tariffs announced by Trump last week have severely impacted global Industry Stocks, which may indicate potential future volatility. Institutions forecast that due to the scale of the announced content, with the possibility of significantly increased tariffs on imports from certain countries, the future will be affected.

环球市场播报23:52 ET

Goldman Sachs: Assigned a "neutral" rating to Zhong Chuang Innovation. The price competition for New energy Fund Autos Battery is expected to ease.

Goldman Sachs released a Research Report stating that based on the adjustment of the forecast for China Innovation Aviation (03931) in fiscal year 2024, it has given a "Neutral" rating. On March 27, China Innovation Aviation announced its fiscal year 2024 performance and held an Investor Day event at its Chengdu production base. The bank believes that this indicates Bullish Signals for the overall Battery Industry in China, aligning with its view of a cyclical recovery, due to tightening supply, easing price competition, and market-driven demand for Battery Energy Storage Systems (BESS). However, the recent uncertainty in BESS demand is a key concern. Key points from China Innovation Aviation's Investor Day: 1. The new energy vehicle Battery market has stabilized.

新浪港股22:51 ET

Goldman Sachs: gives JIUMAOJIU a "Neutral" rating with a Target Price of 3.2 HKD.

Goldman Sachs released a Research Report stating that the rating for JIUMAOJIU (09922) is neutral, with a 12-month Target Price of HKD 3.2, based on an enterprise value/EBITDA of 8 times for 2025. The company will hold an Earnings Conference on March 31st. The bank expects investors to focus on the following during the conference: 1) Year-to-date same-store sales (SSS) recovery and post-Chinese New Year trends; 2) Profit margin outlook and cost-saving potential; 3) New store opening standards, franchise store economic conditions, and updates; 4) Trends in average selling price (ASP) and store management strategy; 5) Brand production.

Sina Hong Kong Stock22:48 ET

Goldman Sachs: Maintains Jiangxi Copper's "Buy" rating with a Target Price of 21.8 HKD.

Goldman Sachs released a research report stating that Jiangxi Copper (00358) will meet performance expectations for 2024, maintaining a Buy rating. As a pure Copper Concept stock, the bank expects Jiangxi Copper to continue benefiting from high copper prices, with recurring net income maintained in the range of 8.8-9 billion RMB. Due to the majority of its main mining assets located in China, Jiangxi Copper is less affected by geopolitical risks on its operation. Based on historical ranges, its Listed in Hong Kong valuation is quite attractive, with a forecasted PE of 5 times for 2025. Based on the relative valuation of Jiangxi Copper's H/A shares, the bank keeps the Target Price at 21.8 HKD. The report mentions that Jiangxi Copper (JXC) announced.

Sina Hong Kong Stocks22:46 ET

The central parity rate of the renminbi against the US dollar is reported at 7.1782, down by 30 points.

On March 31, the central parity of the RMB against the US dollar was reported at 7.1782, down 30 points. The probability that the Federal Reserve will keep interest rates unchanged in May is 83.3% according to CME's "FedWatch": The probability that the Federal Reserve will maintain interest rates in May is 83.3%, while the probability of a 25 basis point rate cut is 16.7%. The probability that the Federal Reserve will keep interest rates unchanged until June is 23.3%, with a cumulative probability of a 25 basis point rate cut at 64.7%, and a cumulative probability of a 50 basis point rate cut at 12%. Goldman Sachs has raised its expectations for the probability of an economic recession in the USA and tariff rates. In a research report released early this morning, Goldman Sachs significantly increased its forecast for the USA's 202.

Market News21:16 ET

Short Sell restarts, South Korea's electric vehicle Battery stocks plummet.

With South Korea's first resumption of Short Sell activities in 17 months, stocks in the South Korean electric vehicle Battery supply chain like Ecopro and Ecopro BM plummeted, leading the Index down. Ecopro dropped as much as 9.3%, reaching its lowest level since February 2023, while its subsidiary Ecopro BM declined by as much as 6.8%, hitting its lowest since January 2023. Goldman Sachs Analysts indicated that these two stocks had the most concentrated short positions prior to the ban's implementation. Among other stocks in the electric vehicle Battery supply chain, Posco Future M fell by as much as 7.2%, reaching its lowest since July 2022.

环球市场播报20:59 ET