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Hong Kong "opens its arms" to welcome back Chinese concept stocks, is there a possibility of inflow for stocks like PDD Holdings?
The Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange are prepared to make Hong Kong the preferred listing location if Chinese companies listed overseas wish to return.
Breaking news! Hong Kong's Financial Secretary Paul Chan Mo-po speaks out: ensuring Hong Kong becomes the preferred destination for overseas Chinese concept stocks to return. What will the impact be?
On April 13, Paul Chan Mo-po, the Financial Secretary of Hong Kong, stated in his blog that in response to the latest Global changes, he has instructed the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange to be prepared, so that if Chinese companies listed overseas wish to return, they must make Hong Kong their preferred listing location.
The short-term market sentiment regarding "reciprocal tariffs" has been fully expressed. Is now a good time to invest in Hong Kong stocks?
With the extreme outburst of emotions after the 'reciprocal tariffs' seeming to come to a temporary end, the tariff game appears to have entered a 'second stage'. The Hang Seng Index has retreated over 15% from its late March peak, and the most concerning question for the market is whether now is a good time to 'buy the dip'.
Express News | The USA announced: Communications Equipment, Semiconductors, and Integrated Circuits and other Commodity will be exempt from "reciprocal tariffs."
Firmly counterattack! China imposes a 125% tariff on all American commodities! If the U.S. continues to increase tariffs, China will ignore it.
Given the current tariff levels, there is no possibility for the USA's commodities exported to China to be accepted in the market. If the USA continues to impose tariffs on commodities exported to the USA from China, there will be no response from China.
Strong countermeasures! An additional 50% tariff will be imposed on all imported Commodities originating from the USA, raising from 34% to 84%!
The Tariff Policy Committee of the State Council: The U.S. side's escalation of tariffs on China is a mistake on top of mistakes, seriously violating China's legitimate rights and interests and seriously harming the rules-based multilateral trade system.