Hong Kong Stock Morning Report｜Trump is considering a tiered tariff plan for China. Aluminum Corporation Of China reported nearly 60% year-on-year increase in Net income for the first quarter.
① Trump is considering a tiered tariff plan for China. ② Canadian Prime Minister Carney: There is no rush to reach an agreement with Trump; we have enough leverage in the negotiations. ③ Seven departments: Launching a pilot application for 'AI Empowering the Entire Industry Chain of Medicine.' ④ The Commercial Space Innovation Consortium was established yesterday, and relevant industry standards will be accelerated for formulation.
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%.
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.
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.
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.
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?
Daring Lu : China is the next Super power.