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Asian Equities Traded in the US as ADRs Ease in Wednesday Trading
U.S. stocks closed with an early rise followed by a drop, with the Nasdaq down over 2%. Apple and Tesla both fell nearly 5%.
① Nasdaq China Golden Dragon Index fell more than 5%; ② PHLX Semiconductor Index fell 3.57%; ③ Trump's administration promotes Coal project mining; ④ Canada's reciprocal tariffs on USA Autos will take effect.
Today's Pre-Market Movers and Top Ratings | TSLA, NVDA, MSTR, and More
Zhejiang Talent Television and Film (300426.SZ): Kafei Film and Television signed a co-production agreement with iQIYI.
On April 7, Gelonghui reported that Zhejiang Talent Television and Film (300426.SZ) announced that its holding subsidiary, Shanghai Cafei Film and Television Culture Media Co., Ltd. (referred to as "Cafei Film and Television", "Party B"), recently signed a "Joint Production Agreement" for a contemporary drama series (referred to as "the series") with Peking iQIYI Technology Co., Ltd. (referred to as "iQIYI", "Party A"), agreeing to jointly produce the series with a total investment of no more than 0.245 billion yuan (including tax), which will be entirely borne by Party A.
P/E Ratio Insights for IQIYI
Express News | Shares of US-listed Chinese Companies Are Trading Lower as Markets React to President Trump's Announcement of Sweeping Tariffs