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CITIC SEC discusses the delisting of Chinese concept stocks: it will not change the intrinsic value of the companies and will bring incremental liquidity to the Hong Kong stock market.
CITIC SEC: We do not believe that the Hong Kong stock market is unable to accommodate a large-scale return of Chinese concept stocks. On one hand, the liquidity of the Hong Kong stock market has clearly improved, and on the other hand, the forced (Delisted) of stocks in the US actually shifts trading to the Hong Kong stock market, bringing incremental liquidity to the Hong Kong market.
U.S. stocks fluctuating | TAL Education fell more than 4% in pre-market after Macquarie downgraded its rating and Target Price.
On May 13, Gelonghui reported that TAL Education (TAL.US) fell 4.39% before the market opened, trading at $9.80. In terms of news, Macquarie Group Analyst Linda Huang downgraded TAL Education's rating to Hold and lowered the Target Price from $11.40 to $10.90. (Gelonghui)
What signals have been released in the joint statement of the China-US-Geneva economic and trade talks?
In the next step, the USA and China will continue negotiations regarding tariffs. Secondly, the focus of the negotiations between the USA and China will shift to non-tariff barriers; discussions will begin around investment, market access, and the supply of key minerals. Finally, considering the significant reduction of tariffs by the USA on China, China's foreign trade may show more positive performance in May.
With the significant reduction of bilateral tariffs between China and the United States, which American stocks will benefit greatly?
The latest developments in Sino-U.S. trade relations have already sparked positive responses in the market, especially in industries such as shipping, Semiconductors, and Logistics.
Shares of US-listed Chinese Companies Are Trading Higher Amid Overall Market Strength After the United States and China Temporarily Suspended Most Tariffs on Each Other's Goods.
Sino-U.S. talks bring warmth! The financial markets welcome "Mad Monday," with Hong Kong stocks rising above 23,000 points, and Pre-Market Trading skyrocketing across the board.
This high-level economic and trade dialogue between China and the United States has achieved substantial progress, significantly reducing bilateral tariff levels. The U.S. has canceled a total of 91% of the additional tariffs, and China has correspondingly canceled 91% of the counter-tariffs; the U.S. has suspended the implementation of a 24% "reciprocal tariff," and China has also correspondingly suspended the implementation of a 24% counter-tariff.