Li Auto Stock Drops Amid Dampened Hopes For US-China Trade Progress
The outlook for tariff negotiations is uncertain, U.S. stock Futures have decreased, European stocks opened lower collectively, and the dollar has weakened.
In Pre-Market Trading, Growth Tech stocks experienced widespread declines, with NVIDIA and Tesla both dropping nearly 1%. JD.com fell about 5%, while Ideal dropped over 2%. European stocks opened lower collectively, and the euro rose 0.6% against the dollar, reaching 1.1386. Spot Gold increased 1.2% to $3,327.98 per ounce.
Technology stocks are rebounding, while high-profile stocks are collectively "cooling down". The market may enter a critical period for switching between high and low performances.
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Hong Kong stock morning report | John Lee Ka-chiu engaged in in-depth exchanges with representatives of the "Hangzhou Six Little Dragons" companies. Trump is considering exempting Auto Manufacturers from some tariffs.
① John Lee Ka-chiu had in-depth discussions with representatives from the 'Six Little Dragons of Hangzhou.' ② The Inner Mongolia Ministry of Industry and Information Technology reported that the computing power scale of Inner Mongolia has reached around 0.12 million P, ranking first in the country. ③ USA President Trump is considering exempting Auto Manufacturers from certain tariffs. ④ NIO's Li Bin predicts that China's share of the Global auto industry will exceed 40%.
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Hema staged a comeback.
Overall profit.
Express News | U.S.-Listed Chinese Stocks Surge In Overnight Trading, $Alibaba(BABA.US)$ and $Bilibili(BILI.US)$ Rise 2%, $JD.com(JD.US)$ and $Baidu(BIDU.US)$ Shares Up 1%; $PDD Holdings(PDD.US)$ Soars 3%
Hong Kong stock morning report | E-commerce platforms have completely canceled "refund only" policy. Wei Long Mei Wei plans to invest 1 billion yuan to build a new factory.
① E-commerce platforms fully cancel "refund only" policy. ② The IMF lowers the 2025 global economic growth forecast from 3.3% at the beginning of the year to 2.8%. ③ The Ministry of Industry and Information Technology solicits public opinions on the "Guide to the Construction of Comprehensive Standardization System for Cloud Computing (2025 Version)." ④ The Ministry of Industry and Information Technology: More than 100 national and industry standards will be developed and revised to establish a standard system for Intelligent Manufacturing that adapts to the development of new industrialization by 2026.
The platform officially announced the implementation of "refund only" rectification, and new regulations for live e-commerce management are on the way!
① Several e-commerce platforms will make significant adjustments to the "refund only" policy, and refunds requested without returns after consumers receive the goods will be handled independently by merchants, in order to balance the protection of merchants' rights and the enhancement of consumer experience. ② The current Market Regulation Administration will focus on rectifying the phenomena that use platform rules to undermine fair competition and infringe on the rights of merchants and consumers, and it is expected that the "Live E-commerce Supervision and Management Measures" will soon solicit public opinions.
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The trade war urges a breakthrough in chip and AI innovation. This event in Zhangjiang Science City gathers various sectors to explore collaborative development paths.
① In the special event on in-depth insights into AI and chips held in Zhangjiang Science City, guests stated during the speech segment that the tariff war has impacted the chip and AI industries, but there are also positive factors for industry development; ② Edge AI and AI Agent are developing rapidly, and companies should grasp the technology development trends, utilize the characteristics of domestic computing power, seek breakthroughs in difficulties, and promote the sustainable development of the chip and AI industries.
SoundHound AI Enters Partnership Tencent Intelligent Mobility To Bring Conversational AI To The Intelligent Cockpits Of Global Auto Brands
Byte and Kuaishou are facing a crucial showdown.
The AI video war has escalated.
A wave of buybacks in Hong Kong stocks, with 172 listed companies repurchasing 53.7 billion, and the buybacks have been continually increasing in recent years.
① A wave of stock buybacks has been sparked in the Hong Kong stock market, with 172 listed companies having implemented buybacks totaling 53.708 billion HKD; ② The main players in Hong Kong stock buybacks remain leading companies in the Internet and financial sectors, but some pharmaceutical and Consumer firms have also increased their buyback efforts.
Siasun Robot&Automation team "operating" ignites the buzz! The Industry Chain frequently updates progress. Analysts suggest that the next 2-3 years may be a critical period for mass production.
① This year, the Guangzhou Fair has set up a special area for service robots for the first time, and exhibitors revealed that customers made deposits on the spot, with some even stating that "9 out of 10 display models were booked." ② Currently, there are 11 major humanoid Ontology manufacturers in China that have started mass production plans for 2024, with several manufacturers planning to produce over a thousand units in 2025. ③ Analysts state that the next 2-3 years will be a crucial period for large-scale mass production and delivery of robots.
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① The market generally believes that this event is not only a concentrated demonstration and testing of robotic technology, but also marks a critical point for humanoid robots transitioning from the laboratory to industrialization; ② Obizunlight claims that in the consumer goods industrial sector, humanoid robots have the potential to replace industrial robots and end effectors, especially exhibiting significant advantages in precision operation.
Hong Kong Stock Market Morning Report | The Nasdaq Golden Dragon Index rose slightly at the end of the trading session. China United Network Communications' net profit in the first quarter increased by nearly 6% year-on-year.
① The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Implementing the Global Strategy of Free Trade Pilot Zones." ② The State-owned Assets Supervision and Administration Commission of the State Council: Promote central enterprises to strengthen capital coordination to ensure timely payments. ③ The central bank: Enhance the functions of the Renminbi Cross-Border Payment System (CIPS) and its global network coverage. ④ Shanghai carries out the 2025 New Generation General AI Innovation Task to lead key projects, including five directions such as embodied intelligence.
Alibaba's AI-Powered Cancer Detection Tool Wins FDA Breakthrough Status
Will the USA's chip restrictions on China have the opposite effect? Experts: Chinese manufacturers such as Huawei will benefit!
① Experts point out that the USA's suppression policy against China's chip industry may backfire, providing development opportunities for domestic Chinese chip manufacturers. ② It is reported that Huawei's latest Ascend 920 AI Chip is expected to go into mass production in the second half of 2025, and experts indicate it is already capable of replacing NVIDIA's H20 chip.
Tariff disturbances affect market sentiment in Hong Kong stocks, but still offer relative returns globally.
① What changes have occurred in the southbound funds and overseas funds of Hong Kong stocks against the backdrop of the equal tariff policy in the USA? ② Why are Institutions bullish on the relative returns of Hong Kong stocks?