Hong Kong stock morning report | John Lee Ka-chiu engaged in in-depth exchanges with representatives of the "Hangzhou Six Little Dragons" companies. Trump is considering exempting Auto Manufacturers from some tariffs.
① John Lee Ka-chiu had in-depth discussions with representatives from the 'Six Little Dragons of Hangzhou.' ② The Inner Mongolia Ministry of Industry and Information Technology reported that the computing power scale of Inner Mongolia has reached around 0.12 million P, ranking first in the country. ③ USA President Trump is considering exempting Auto Manufacturers from certain tariffs. ④ NIO's Li Bin predicts that China's share of the Global auto industry will exceed 40%.
US-Listed China Stocks Surge As Trump Hints At Tariff Cuts and Softening Trade Tensions
PDD Holdings Options Spot-On: On April 23rd, 104.81K Contracts Were Traded, With 1.34 Million Open Interest
Shares of US-listed Chinese Companies Are Trading Higher After President Trump Indicated the Final Tariff Rate With China Would Be "Substantially" Below Than the Current 145% but Not 0%.
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Express News | Ishares MSCI China ETF up 2.7%, Ishares China Large Cap ETF up 2.4%, Kraneshares CSI China Internet ETF up 3.8%
Express News | JD.com up 1.7%, Li Auto up 2.8%, NIO up 4.1%, Xpeng up 10.4%
Americans Are Expecting a Tariff-fueled Price Surge. Corporate America Says They're Right: Morning Brief
China Tariffs 'Won't Be Anywhere Near' 145%: Trump
Express News | U.S.-Listed Chinese Stocks Surge In Overnight Trading, $Alibaba(BABA.US)$ and $Bilibili(BILI.US)$ Rise 2%, $JD.com(JD.US)$ and $Baidu(BIDU.US)$ Shares Up 1%; $PDD Holdings(PDD.US)$ Soars 3%
Hong Kong stock morning report | E-commerce platforms have completely canceled "refund only" policy. Wei Long Mei Wei plans to invest 1 billion yuan to build a new factory.
① E-commerce platforms fully cancel "refund only" policy. ② The IMF lowers the 2025 global economic growth forecast from 3.3% at the beginning of the year to 2.8%. ③ The Ministry of Industry and Information Technology solicits public opinions on the "Guide to the Construction of Comprehensive Standardization System for Cloud Computing (2025 Version)." ④ The Ministry of Industry and Information Technology: More than 100 national and industry standards will be developed and revised to establish a standard system for Intelligent Manufacturing that adapts to the development of new industrialization by 2026.
Express News | US Treasury Secretary Bessent Says U.S.-China Trade Embargo to End in the Very Near Future
PDD Holdings Options Spot-On: On April 22nd, 91,790 Contracts Were Traded, With 1.31 Million Open Interest
Express News | Shares of US-listed Chinese Companies Are Trading Higher After Treasury Secretary Scott Bessent Reportedly Said He Expects De-escalation With China
The platform officially announced the implementation of "refund only" rectification, and new regulations for live e-commerce management are on the way!
① Several e-commerce platforms will make significant adjustments to the "refund only" policy, and refunds requested without returns after consumers receive the goods will be handled independently by merchants, in order to balance the protection of merchants' rights and the enhancement of consumer experience. ② The current Market Regulation Administration will focus on rectifying the phenomena that use platform rules to undermine fair competition and infringe on the rights of merchants and consumers, and it is expected that the "Live E-commerce Supervision and Management Measures" will soon solicit public opinions.
US stocks are moving differently | Chinese concept stocks rise broadly, the Golden Dragon Index rises over 2%.
Chinese concept stocks rallied broadly, as of the time of writing, the Nasdaq Golden Dragon China Index rose over 2%.
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PDD Holdings Options Spot-On: On April 21st, 48,861 Contracts Were Traded, With 1.52 Million Open Interest
Ministry of Commerce: In the first quarter, China's Consumer e-commerce showed stable growth, with the trade-in program significantly expanding and driving a 7.4% increase in digital product sales.
On April 21, the head of the Department of E-Commerce of the Ministry of Commerce introduced the development situation of E-Commerce in China for the first quarter of 2025.
Chinese concept stocks returning to the home market receive attention again: which companies have not yet returned and what is the scale of Holdings in US investment?
① How large is the scale of USA investors holding Chinese concept stocks? ② Which Chinese concept stock companies have not yet returned?