Hong Kong Stock Morning Report | Trump swings the tariff stick, JPMorgan raises the target for Chinese Stocks.

① The President of the USA, Trump, announced a 25% tariff on all imported Autos. ② The USA has placed several Chinese entities on the export control "entity list"; the Ministry of Foreign Affairs and the Ministry of Commerce have spoken out. ③ The three major Indexes of the USA stock market closed lower, with most China Concept Stocks declining. ④ As the countdown to Trump's tariff enforcement begins, two Federal Reserve officials issue warnings of impact. ⑤ JPMorgan follows up by raising the target for China Stocks.

cls.cn19:05 ET

U.S. stocks closed: Trump swung the tariff big stick, Tesla and NVIDIA fell more than 5%, Berkshire hit a record high.

1. Tariff news severely impacted the sentiment of the US stock market, with the Nasdaq dropping over 2%, and NVIDIA and Tesla both falling more than 5%; 2. "The hammer of computing stocks" TD Cowen Inc 7.75% Senior Notes Due 15/06/33 Usd25 released a new report: Microsoft's cancellation of leases exceeded expectations; 3. Pfizer faces investigation by the Trump administration; 4. The hype around GTA 6 is so high that competitors are collectively "laying low."

cls.cn17:21 ET

PDD Holdings Options Spot-On: On March 26th, 66,643 Contracts Were Traded, With 1.23 Million Open Interest

Moomoo News16:30 ET

Hong Kong Stock Morning Report | US stock index closed higher while Chinese concept stocks fell, Morgan Stanley raised the target point for the Hang Seng Index.

① The results of the Saudi talks between the USA, Russia, and Ukraine have been disclosed, achieving a consensus on a ceasefire in the Black Sea. ② Consumer confidence in the USA further deteriorated in March. ③ The three main US stock indices rose on Tuesday, while China Concept Stocks declined. ④ Data shows that the US stock market is in a state of "Institutions fleeing, retail investors buying heavily." ⑤ According to sources, Trump is considering implementing a two-step tariff system on April 2. ⑥ Morgan Stanley has raised the year-end target point for the Hang Seng Index.

cls.cnMar 25 19:06 ET

Sizing the Tariff and Immigration Policy Risks on U.S. Retailers

InvestingMar 25 10:55 ET

Hong Kong stock morning news | Trump sends signals about tariff exemptions; Xiaomi plans to raise approximately 42.5 billion Hong Kong dollars through a placement.

① Trump has stated that he will announce additional tariffs on Autos, timber, and chips; there may be exemptions for tariffs on multiple countries. ② Trump again calls for the Federal Reserve to lower interest rates; Federal Reserve's Bostic stated that the inflation rate will not return to 2% before early 2027. ③ The three major U.S. stock indices collectively rose, while China Concept Stocks remained lukewarm. ④ The central bank's MLF operation was adjusted to multiple price level bidding, marking a net injection after eight months.

cls.cnMar 24 19:07 ET