The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.

South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.

wallstreetcn18:09 ET

Hong Kong stocks morning report on December 4: The situation in south korea causes a huge shock in asset prices, while the trends of china concept stocks show divergence.

① South Korea's President Yoon Suk-yeol suddenly launched an emergency martial law, but Congress resisted and voted to reject it. ② The USA's labor market shows subtle changes: the number of job vacancies rebounds. ③ The number of CEOs leaving their positions in the USA this year has reached a record high. ④ Yen arbitrage trading is thriving, and the Bank of Japan is reaching for the "interest rate knife." ⑤ The three major US stock indexes had mixed results, with the Nasdaq and the S&P 500 index continuing to set new closing highs, while the trend of china concept stocks showed divergence.

cls.cn18:03 ET

U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.

① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.

cls.cn17:27 ET

NIO Inc Options Spot-On: On December 3rd, 287.05K Contracts Were Traded, With 3.34 Million Open Interest

Moomoo News16:30 ET

Wisdom Shares (301600.SZ): The company has a stable and diverse group of high-quality customers, including SAIC Motor Group, BYD, NIO autos and other large independent brand vehicle manufacturers.

Gelonghui Dec 3 | Huihan shares (301600.SZ) stated in investor relations that the company's eCall overseas testing certification layout is relatively early, being one of the few domestic suppliers that have simultaneously obtained EU eCall certification, United Nations Economic Commission for Europe UN-R144 standard certification, and UAE eCall certification, which can help the international development process of independent brand automakers. The company has a stable, wide range of high-quality customer base, including SAIC Group, BYD, Chery Autos, Geely Autos, Great Wall Motor, Guangzhou Automobile Group, Ideal Autos, NIO Autos, and other large independent brand vehicle manufacturers. Domestic OEMs

Gelonghui FinanceDec 3 07:01 ET

Nio Inc. Reports Impressive Increase in Vehicle Deliveries

Yahoo FinanceDec 3 06:30 ET