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Hong Kong stock morning report | The USA fires the first shot in a comprehensive trade war, the three major US stock indices fall while Chinese concept stocks rise against the trend.
① The USA's tariff measures against Mexico and Canada officially took effect on Tuesday, after which both Canada and Mexico launched a comprehensive counterattack. The US Secretary of Commerce stated that Trump is considering reducing some tariffs on Mexico and Canada. ② China has continuously introduced countermeasures against the USA. ③ Zelensky stated he is ready to sign agreements with the USA regarding minerals and security at any time. ④ The three major US stock indexes fell on Tuesday, while most China Concept Stocks rose against the trend.
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US stock market closing: USA launches a full-scale trade war, stock indices fluctuate dramatically and collectively fall.
① Most China Concept Stocks closed up, the Nasdaq China Golden Dragon Index rose by 1.95%; ② Apple launched the iPad Air with M3 chip and new Magic Keyboard; ③ Canada announced it will impose a 25% tariff on US commodities worth 155 billion Canadian dollars; ④ The US Secretary of Commerce stated that Trump may cut tariffs on both the USA and Mexico tomorrow.
Sector Update: Tech Stocks Mixed Late Afternoon
Sector Update: Tech
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