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Hong Kong stock morning report｜U.S. stock three major indexes closed lower, Chinese concept stocks showed divergent trends, USD has fallen for three consecutive days.
① In March, inflation in the USA cooled significantly, but economists warn that the impact of Trump's tariffs is about to become apparent. ② The three major U.S. stock indexes collectively closed lower on Thursday, with the Nasdaq down 4.31%; China Concept Stocks showed mixed performance. ③ The EU has suspended countermeasures against U.S. tariffs, with Von der Leyen indicating that further actions may still be implemented. ④ The USD reached a six-month low, international oil prices fell over 3%, and gold prices hit a new historic high.
Hong Kong Stock Morning News | The USA suspends tariffs on certain countries, the Nasdaq rises by 12%, and most China Concept Stocks perform strongly.
① Trump announced that he has authorized a 90-day suspension of tariffs on countries that do not take retaliatory actions. ② The NASDAQ index in the US surged 12% in a single day, with most China Concept Stocks rising. ③ China is imposing an additional 50% tariff on all imported goods originating from the USA. ④ The EU will impose tariffs of up to 25% on a range of American products. ⑤ The offshore RMB regained the 7.35 threshold against the USD, while international oil and Gold prices surged.
Hong Kong stocks morning report | The effect of tariffs continues, most Chinese concept stocks on the US stock market fell.
① Seven Republican senators have switched sides, and both parties in the USA are planning to push legislation to prevent Trump's "tariff stick". ② The three main US stock indices opened high but fell, with most China Concept Stocks declining. ③ State-owned enterprises are joined together to support the market, leading the "National Team" in a surge of over 100 billion in Shareholding. ④ Canada has announced that tariffs on Autos from the USA will take effect on the 9th. ⑤ The offshore RMB fell below 7.42 against the USD.
Hong Kong stock early report | After a huge fluctuation in US stocks, most China Concept Stocks closed lower, and the three major central enterprises increased their Shareholding in China Stocks Assets.
① The White House debunks rumors of a "90-day delay" on tariffs. After reaching a peak, the three major US stock indices closed mixed with some gaining and others losing, while most China Concept Stocks fell. ② The European Commission has proposed a 25% tariff on certain American Commodities, expected to take effect on May 16. ③ The Central Committee of the Communist Party and the State Council have issued a significant plan to accelerate the construction of a strong Agriculture nation. ④ Central Huijin, China Chengtong, and China Guoxin, three major state-owned enterprises, collectively announced an increase in Shareholding of Chinese Stocks Assets.
