Asia Markets Mixed as Investors Assess Economic Data in the Region; Eyes on PCE Inflation Data
Brokerage morning meeting highlights: continue to be bullish on the Chinese stock market with a "confidence reassessment bull market."
At today's brokerage morning meeting, China Securities Co.,Ltd. suggested continuing to be bullish on the Chinese stock market in the medium term with a 'confidence revaluation bull'; Galaxy Securities stated that top real estate companies are showing excellent operational management capabilities and have financial advantages, with the potential to further increase their market share; Citic Sec believes that the fiberglass industry is currently at a great opportunity allocation point.
NetEase, Inc. Goes Ex Dividend Tomorrow
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
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Trump's tariffs are worrying! NRF: Could shrink usa consumers' spending power by $78 billion annually
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
Asia-Pacific Markets Mixed as Traders Digest Latest Monetary Decision From the PBOC
PBoC Holds MLF Rate Steady for Second Month
Individual stock midday review: Included in the Hang Seng Index rose more than 3%, Kuaishou's performance resulted in a total repurchase of nearly 0.3 billion Hong Kong dollars.
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Express News | Ishares China Large Cap ETF Down 2.3%, Kraneshares CSI China Internet ETF Down 2.5%
Express News | Li Auto Down 2.4%, NIO Down 1.7%, Xpeng Down 4.4%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket Tracking Losses in Domestic Stocks
Asia-Pacific Markets Trade Mixed, Investors Assess Japan Inflation and Singapore GDP Data