This week, Hong Kong stocks experienced significant volatility, with the $HSI(HSI)$ falling 1.12%, dropping below the key 24,000-point mark.US Market Drops Drag Down Hong Kong StocksThe US stock market took a sharp dive this week, with the $NASDAQ(.IXIC)$ down 4.9%. The cause? Trump’s aggressive stance on tariffs, raising fears that the US economy could slide into recession. In response to the market plunge, Trump softened his tone, admitting some economic turbulence ahead but reaffirming his goal to bring wealth back to Americans, which will take time.Later, the US reported a 2.8% year-on-year CPI for February, marking a new low since last November. The number was slightly below expectations, which cause
Tencent & PDD Divergence: Is Low Valuation the Best Choice Now?
Tencent fell after beating earnings expectations, while Pinduoduo rose despite missing them. Does this divergence indicate that the market now cares more about valuation? Which of these two companies do you favor?
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. This list essentially identifies Chinese companies that the U.S. government
claims are collaborating with the Chinese military. While it doesn’t impose direct sanctions, it creates significant challenges for U.S. businesses wanting to engage with these companies.
Among the latest additions is Tencent, one of China’s most prominent internet and gaming firms, which is not traditionally linked to military-civil fusion, unless if US think the Tencent “Call Of Duty Mobile“ is a military training academy LOL. Its inclusion reflects pre