US to Place New Tariffs on Chinese EVs, Solar Equipment, Microchips as Early as Next Week
The US is set to announce new tariffs on Chinese electric-powered vehicles as early as next week, news outlets reported, citing unnamed people familiar with the matter. Reuters said an announcement co
Express News | Passenger Federation: In April, BYD exported 41,011 vehicles, Tesla China 30,746 vehicles
Express News | Passenger Federation: The implementation of the trade-in policy is a major benefit to the car market. It is expected that the retail sales of the car market in May will be better than in April
Express News | Biden was revealed to announce new tariffs on China's electric vehicles and the like as soon as next week. China: The US side made mistakes and mistakes
Express News | Passenger Federation: The release of the implementation rules for automobile trade-in subsidies is a major benefit. It is expected to increase annual consumption by more than 100 billion yuan
Express News | Passenger Federation: In April, retail sales in the national passenger car market fell 5.7% year on year; retail sales in the new energy vehicle market increased 28.3% year on year
Changes in Hong Kong stocks | Most auto stocks fall, Ideal Automobile-W (02015) falls by more than 3%, reports say the US plans to impose tariffs on Chinese electric vehicles
Auto stocks were mostly lower. As of press release, Ideal Automobile-W (02015) fell 3.26% to HK$103.7; Xiaopeng Motor-W (09868) fell 1.41% to HK$31.55.
Futu Morning Post | Federal Reserve Voting Committee: Uncertainty about the inflation outlook is increasing; new news about Apple's AI strategy
Roblox, the “first stock in the metaverse,” plummeted by more than 22%, lowering full-year reservation expectations; Airbnb fell nearly 7%, and the Q2 revenue outlook fell short of expectations; the “Nvidia concept stock” SoundHound AI surged more than 15% after the market, and the Q1 earnings report exceeded expectations.
US stocks closed | Expectations of interest rate cuts boosted US stocks, the NASDAQ stopped two consecutive declines, and Amazon rose to a record high
Both S&P hit new highs for more than five weeks, and the Dow rose seven times in a row; China rallied strongly; Xiaopeng Motors rose more than 3% and NIO rose more than 2%.
Early trading of US stocks | S&P and NASDAQ fell slightly, chip stocks weakened, ARM fell more than 6%, Nvidia fell more than 2%, and China's securities surged more than 110%
On the evening of the 9th Beijing time, US stocks opened with mixed ups and downs on Thursday. The market continues to pay attention to the latest US stock earnings report and the prospects for the Federal Reserve to cut interest rates. The number of jobless claims in the US at the beginning of last week hit a new high since August 2023.
Popular Chinese securities generally strengthened. Shell and Bilibili rose more than 4%, Xiaopeng Motors rose more than 3%, and NetEase and iQiyi rose more than 2%.
Popular Chinese securities generally strengthened. Shell and Bilibili rose more than 4%, Xiaopeng Motors rose more than 3%, and NetEase and iQiyi rose more than 2%.
The Dow opened up 0.02%, the NASDAQ rose 0.13%, and the S&P 500 rose 0.03%. Star Tech stocks soared 0.81%, Amazon rose 0.47%, and Meta Platforms fell 0.55%. The Nasdaq China Golden Dragon Index rose 1.35%, and Bilibili rose 4.54%, and Xiaopeng Motors rose
The Dow opened up 0.02%, the NASDAQ rose 0.13%, and the S&P 500 rose 0.03%. Star Tech stocks soared 0.81%, Amazon rose 0.47%, and Meta Platforms fell 0.55%. The Nasdaq China Golden Dragon Index rose 1.35%, and Bilibili rose 4.54%, and Xiaopeng Motors rose 3.42%.
Express News | Ministry of Commerce: The car trade-in subsidy policy can be enjoyed in combination with other benefits
US stock outlook | Bank of America: S&P 500 surges in election year or summer; Arm falls nearly 9% before the market
Are US stocks bullish the more you “buy” them? The wave of US stock buybacks has soared to a six-year high; chip recovery is spreading, and Nomura judged that the global semiconductor industry will enter an upward cycle.
Some popular Chinese securities and US stocks rose higher before the market
Gelonghui, May 9 | Bilibili and Xiaopeng Motors rose more than 3% before the market, NIO rose more than 2%, and iQiyi and Alibaba rose more than 1%.
Opinion | The market is moving forward amidst hesitation, and Hong Kong stocks are moving towards a bull market
The reason is also very simple: believe in common sense and believe in a return to the mean.
Express News | The Ministry of Commerce introduced the relevant situation of the “Automobile Trade-in Subsidies Implementation Rules”
BMW CEO warns that the EU's imposition of tariffs on Chinese electric vehicles is to “take a stone and hit yourself in the foot”
① Under von der Leyen's strong impetus, the EU will decide whether to impose additional tariffs on Chinese electric vehicles during the year; ② The BMW CEO warned that implementing the tariff policy could be counterproductive and endanger Europe's green transformation.
One-picture preview | China Securities Earnings Season Begins! Can Ali and Tencent take the lead in unveiling the list, “add fire” to the market?
According to market opinion, this is a very important earnings season, and it will largely determine whether this rebound is a bust or a turning point.
Popular Chinese securities and US stocks strengthened in night trading, Xiaopeng Auto, Shell rose nearly 4%, and Bilibili rose more than 3%, NIO rose more than 2% Ideal Auto, and NetEase rose nearly 2%.
Popular Chinese securities and US stocks strengthened in night trading, Xiaopeng Auto, Shell rose nearly 4%, and Bilibili rose more than 3%, NIO rose more than 2% Ideal Auto, and NetEase rose nearly 2%.
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