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Express News | According to information from HKEX, Blackrock's shareholding in SUNNY OPTICAL decreased from 5.05% to 4.72% on April 4, while its shareholding in HSBC Holdings increased from 8.98% to 9.01% on April 4.
Express News | The Hong Kong Stock Exchange documents show that on April 4, Blackrock reduced its long position in COSCO SHP SG Energy Transportation Listed in Hong Kong from 5.15% to 4.59%.
Express News | Blackrock's CEO: Business leaders believe the USA may already be in an economic recession.
Jefferies Maintains Blackrock(BLK.US) With Buy Rating, Cuts Target Price to $959
Goldman Sachs is concerned that the US stock market may fall into a cyclical bear market that typically lasts for two years, raising the probability of a recession in the USA to 45%.
Faced with the trade war initiated by President Trump of the USA, Wall Street Institutions are increasingly vocal about warnings regarding the outlook for the Stocks market. Blackrock strategists Jean Boivin and Wei Li downgraded their three-month outlook for US Stocks from Shareholding to neutral on Monday, stating, 'Given the escalation of Global trade tensions, risk Assets are expected to face greater pressure in the short term.' Meanwhile, Goldman Sachs strategists Peter Oppenheimer and Lilia Peytavin indicated that as the risk of economic recession increases, the Stock market sell-off is likely to evolve into a more prolonged cyclical bear market. Several international Stocks benchmark indices.
Express News | Blackrock's Song Yu: The tariff policy increases the probability of a recession in the USA.
