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Express News | Meituan: Starting today, subsidies for Retirement Insurance for riders will begin pilot testing.
Daily Bull and Bear | The Hang Seng Index night futures are down 109 points, and the ratio of bull certificates on the street has dropped to 52.5%; the SU7 incident has dragged Xiaomi's stock price down for five consecutive days, with a put certificate so
As of yesterday's market close, the total market turnover was 216.598 billion Hong Kong dollars, with all warrants and callable bull/bear contracts totaling 20.39 billion Hong Kong dollars, accounting for 9.4% of the market turnover, of which good positions accounted for 5.3% and bearish positions accounted for 4.1%. The net Outflow of all warrants was 0.381 billion Hong Kong dollars.
Futu Morning Report | Trump's reciprocal tariffs cause a significant drop in risk Assets, Nasdaq Futures down over 4%; Trump's first 50 days see poor performance in U.S. stocks, creating one of the worst records for a U.S. president in 75 years.
In the first 50 days of Trump 2.0, the U.S. stock market was bleak, setting one of the worst records for a U.S. president in 75 years; Newsmax fell over 77%, after surging 2230% in its first two days of trading.
Tencent made a substantial buyback! In the first quarter, 17.1 billion Hong Kong dollars were spent, exceeding the same period last year.
According to publicly available information from the Hong Kong Stock Exchange, as of March 31, Tencent repurchased a total of 42.984 million shares in the first quarter, spending over 17.12 billion Hong Kong dollars, surpassing 14.8 billion Hong Kong dollars in the same period last year, representing a year-on-year increase of 15.67%. It is understood that in 2024, Tencent's total repurchase amount is expected to reach 112 billion Hong Kong dollars, continuing to hold the title of "repurchase king" in the Hong Kong stock market.
Tariffs exceeded expectations, U.S. stock Futures plummeted, Apple fell sharply over 7% after hours, U.S. bonds rebounded, and Futures gold reached a new high five times.
Tesla initially fell over 6% but ended up rising over 5%. After Trump announced reciprocal tariffs, the yield on the ten-year U.S. Treasury bond first hit a daily high and then turned lower; Bitcoin surged past the 0.088 million mark before dropping over 3000 dollars. Crude Oil Product closed at a new high for over two months but turned down after Trump's announcement of tariffs.
Chinese Online Retailers Retreat as Trump Ends De Minimis Exemption
