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Express News | Trump commented on the China-USA trade negotiations: significant progress has been made!!!
Express News | Preparing for the "return" of Chinese concept stocks? CITIC SEC plans to allocate investment banking personnel to Hong Kong to increase staffing.
Highlights of the "One Line, One Bureau, One Meeting" press conference: Simultaneous reduction of reserve requirements and interest rates! A comprehensive financial policy package has been launched.
The reserve requirement ratio is lowered by 0.5 percentage points, with the overall average reserve requirement ratio decreasing from 6.6% to 6.2%, expected to provide approximately 1 trillion yuan in long-term liquidity to the market.
Major Bullish news! The central bank launches "ten arrows" simultaneously, concerning reserve requirement ratio cuts, interest rate reductions, and the stock and real estate markets.
At 9 a.m. today, the State Council Information Office held a press conference where Pan Gongsheng, Governor of the People's Bank of China, Li Yunzhe, Head of the National Financial Supervision Administration, and Wu Qing, Chairman of the China Securities Regulatory Commission, introduced information regarding the "package of financial policies to support market stability and expectations."
Express News | Wu Qing: Supports quality Chinese concept stocks returning to the mainland and Hong Kong markets.
U.S. stocks fluctuate | E-Home Household Service fell by 18.07%, making it the biggest loser among Chinese concept stocks.
On May 7, at Glenwood, the five Chinese concept stocks with the largest closing declines were: E-Home Household Service down 18.07%, Uxin Technology down 13.42%, Big Tree Cloud down 12.59%, Uxin down 12.14%, U Power down 12.09%. (Glenwood)
