China Lowers Rates and Makes Bank Lending Easier in Response to Tariffs
China Central Bank Cuts Rates to Boost Economy Amid Tariff Threat
Express News | China's Official: Will Lower Interest Rates on Structural Policy Tools by 25 Bps; Guide Commercial Banks to Lower Deposit Rates; To Help A-Share Listed Companies Affected by Tariffs to Cope With Difficulties
Express News | In Overnight Trading, U.S.-Listed Chinese Stocks and ETFs Surge After China's Official Announces Series of Policies; DUO Surges 17%, BEKE Rises 4%; Alibaba, JD and Bilibili Rise 2%, YINN Up 4%, CWEB Rises 3%
Earnings Preview: TME-SW to Report Financial Results on May 13
U.S. Treasury Secretary and USTR to Meet With Chinese Counterparts Amid Possible Break in Trade War
U.S. stocks closed: Trade uncertainty rises, and the three major Indexes collectively declined.
① The CEO of NVIDIA stated that the AI market in China is expected to reach 50 billion dollars; ② AMD's revenue in the first quarter was 7.44 billion dollars, a year-on-year growth of 36%; ③ Super Micro Computer's net sales in the third quarter were 4.6 billion dollars, falling short of expectations.
U.S. stocks closed: The three major Indexes all fell, with Berkshire dropping over 5%.
① Apple issued bonds for the first time in two years; ② The Board of Directors of Berkshire Hathaway voted to appoint Abel as CEO, while Buffett continues as Chairman; ③ The reorganization plan of OpenAI had to change and will continue to be controlled by a nonprofit entity.
Express News | 'US Lawmakers Urge SEC to Delist Alibaba and Chinese Companies'- Financial Times
Express News | U.S.-listed Chinese stocks surge at the opening, with Alibaba up over 4%.
Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
U.S. stocks closed mixed: the three major Indexes showed different trends as investors focused on Technology stock Earnings Reports.
① Most China Concept Stocks rose, with the Nasdaq China Golden Dragon Index up 0.68%; ② IBM announced a 150 billion dollar investment plan; ③ Sony Group is reportedly considering splitting its Semiconductors business; ④ NXP Semiconductors Q1 revenue was 2.84 billion dollars, higher than market expectations.
Market Chatter: Tencent Music in Advanced Talks for $2.4 Billion Acquisition of Podcast Startup Ximalaya
Tencent Music Entertainment Group (NYSE:TME) Full-Year Results: Here's What Analysts Are Forecasting For This Year
Blomberg: 'Tencent Music in Talks to Buy Ximalaya for $2.4 Billion'
Tencent Music in Talks to Acquire Ximalaya for $2.4 Billion, Bloomberg Reports
Express News | Tencent Music in Talks to Buy Ximalaya for $2.4 Billion - Bloomberg News
Shares of US-listed Chinese Companies Are Trading Higher After President Trump Indicated the Final Tariff Rate With China Would Be "Substantially" Below Than the Current 145% but Not 0%.
Express News | Ishares MSCI China ETF up 2.7%, Ishares China Large Cap ETF up 2.4%, Kraneshares CSI China Internet ETF up 3.8%
Express News | JD.com up 1.7%, Li Auto up 2.8%, NIO up 4.1%, Xpeng up 10.4%