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Hong Kong stock morning report|The Nasdaq has entered a correction zone, with mixed performance among Chinese concept stocks. The European Central Bank has cut interest rates.
① The U.S. and Ukraine plan to hold talks in Saudi Arabia next week to discuss a preliminary ceasefire between Russia and Ukraine. ② Trump signed an amendment to postpone tariffs on Mexican commodities that comply with the U.S.-Mexico-Canada Agreement. ③ The three major U.S. stock indices fell sharply on Thursday, while China Concept Stocks had mixed performances. ④ The European Central Bank lowered the three key interest rates by 25 basis points, aligning with market expectations. ⑤ Wu Qing, chairman of the Securities Regulatory Commission, stated that policies for long-term capital and long-cycle assessments will be released as soon as possible.
U.S. stocks closed: Trump frequently creates uncertainty, and the Nasdaq officially enters a correction zone.
① China Concept Stocks are mixed, with the Nasdaq China Golden Dragon Index down 0.77%; ② The USA lunar lander 'Athena' landed on the moon but did not stand upright; ③ OpenAI and Oracle accelerate the advancement of the Stargate project; ④ The EU discusses an alternative plan for Starlink.
US stock fluctuations | ZEEKR (ZK.US) rose nearly 3%, with sales exceeding 0.03 million in the first month after the merger with Lynk & Co.
On Thursday, ZEEKR (ZK.US) rose nearly 3%, closing at $29.47.
ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) Shares Could Be 45% Below Their Intrinsic Value Estimate
Trump's tariffs "give some leeway," U.S. stock indices rebound over 1%, Chinese concepts surge, Alibaba rises nearly 9%, the dollar plummets, and German bonds hit their worst performance since 1990.
Microsoft rose over 3%, leading the Dow Jones; automotive giants surged, with Stellantis up over 9% and General Motors rising over 7%. The China Concept Index increased by more than 6%, with XPeng Motors up over 7%. German stocks rose over 3%; the yield on ten-year German bonds surged by 30 basis points; the euro climbed over 1% to a four-month high, the USD fell over 1%, experiencing its largest drop in six weeks. The offshore yuan rose over 400 points during intraday trading. The Crude Oil Product closed at its lowest level in nearly six months.
Express News | Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Higher Amid Overall Market Strength on Reports Indicating That President Trump Will Delay Auto Tariffs
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