The Nasdaq China Golden Dragon index expanded its gains to 3.3 percent, XPeng Motors (XPEV. N) rose more than 8 percent, Li Auto (LI. O) rose more than 7 percent, and JD.com (JD. O) and Baidu (BIDU. O) rose more than 4 percent.
A number of popular Chinese stocks rose premarket, with Kingsoft Cloud (KC. O) up more than 8 percent, XPeng Motors (XPEV. N) up nearly 7 percent, and Bilibili (BILI. O) and Li Auto (LI. O) up more than 5 percent.
On February 4, a spokesperson for the Ministry of Commerce said that on February 1, the United States announced a 10% tariff on relevant Chinese products. In order to defend its legitimate rights and interests, China has appealed the US taxation measures to the WTO dispute settlement mechanism. The US has imposed tariffs on Chinese imports to the US, which seriously violates WTO rules and is of a bad nature. It is a typical unilateralism and trade protectionism. The US move seriously undermines ...
The Nasdaq China Golden Dragon index rallied in the day, falling about 3% at the beginning of the session. Kingsoft Cloud (KC. O) rose more than 28%.
Gold ten futures February 3rd news, in accordance with the work arrangements of relevant departments, the grain storage group company and related enterprises will add a new batch of storage points in Heilongjiang, Jilin, Liaoning provinces after the Spring Festival holiday, expand the scale of domestic corn acquisition in 2024, involving specific storage points and other information will be timely announced to the public through the local media.
US President Donald Trump officially announced tariffs on China, Canada, and Mexico, the three largest sources of US imports, on the 1st, sparking fears of a trade war. On the 2nd local time, Trump admitted that Americans "may" feel the economic "pain" from the tariffs, but at the same time claimed that it is the "price" of making America great again. "The United States has huge deficits with Canada, Mexico, and China (and almost all countries!)...
On February 2, the spokesperson of the Ministry of Foreign Affairs answered a reporter's question on the US announcement of a 10% tariff on Chinese products imported to the US. The US side imposed a 10% tariff on Chinese products imported to the US on the grounds of the fentanyl issue. China is strongly dissatisfied with this and firmly opposes it. It will take necessary countermeasures to firmly safeguard its own legitimate rights and interests. The US side should view and handle its own fentan...
On February 2nd, US President Trump signed an executive order on the 1st to impose a 10% tariff on goods imported from China. This latest trade protection measure of the United States has been widely opposed by the international community and the United States. The White House said on the same day that for all goods imported from China, the United States will impose a 10% tariff on the basis of existing tariffs. Trump said that this is in line with the "protectionist measures" he supports. A spo...
On February 1st, on January 31st, the Southern Theater of the Chinese People's Liberation Army organized naval and air forces to carry out combat readiness police patrols in the territorial waters and airspace of Huangyan Island and surrounding areas of China. Since January, the Theater has organized naval and air forces to continuously strengthen the patrols and airspace around the territorial waters of Huangyan Island, further strengthen the control of relevant maritime and airspace, resolutel...
February 1st news, US stocks closed on Friday, the three major stock indexes closed down, the Dow closed down 0.7%, up 4.7% this month; S & P 500 index fell 0.5%, up 2.7% this month; Nasdaq fell 0.2%, up 1.6% this month. NVIDIA (NVDA. O) fell 3.6%, Intel (INTC. O) fell 2.9%, Apple (AAPL. O) fell 0.67%. Nasdaq China Golden Dragon index fell 3.5%, Bilibili (BILI. O), Weibo (WB. O) fell nearly 5%, Baidu (BIDU. O) fell 4.4%, Alibaba (BABA. N) fell 3.8%, JD.com (JD. O) fell 3.7%.
FTSE China A50 futures rose more than 1 percent.
FTSE China A50 futures expanded to 2 per cent.
The Nasdaq China Golden Dragon index rose 4 percent, Kingsoft Cloud (KC. O) rose more than 11 percent, and iQIYI (IQ. O) rose 9 percent.
European Central Bank President Christine Lagarde: Inflation is expected to reach 2% during 2025.
European Central Bank President Christine Lagarde: Confident that Bitcoin will not enter the reserves of any of the Council members.