Trump's China Trade Deal Just PUMPED The Market
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NVIDIA CEO doesn't see US easing chip rules for China
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Asian equities started the week on a strong note as Hong Kong and South Korea outperformed, while Australia was closed for the King’s Birthday and Indonesia and Pakistan were closed for Eid al-Adha.
China plans to remove tariffs on all imports from almost all African countries, expanding an arrangement that previously covered only those deemed the least developed as Beijing seeks to strengthen economic ties with more partners amid a trade war with the US.
NIO navigates BYD-led price wars, improves margins, and projects 25%-30% YoY delivery growth. See why we recommend a buy on NIO stock here.
Despite a weaker US dollar, Asian equities were off overnight on growing chatter of a coming Middle East crisis and Trump’s tariff threat reiteration.
China's market regulator has postponed its approval of a proposed $35 billion merger between software companies Synopsys and Ansys after Donald Trump tightened chip export controls against China, the Financial Times reported on Friday.
Apple's iPhones were the best-selling smartphones in China last month, according to a closely followed research firm, marking a turnaround after continued market-share losses and stiff competition from local rivals such as Huawei.
Chinese authorities released draft guidelines on transmitting data from automobiles overseas, a move that could pave the way for the wider rollout of Tesla Inc.’s most advanced driver-assistance functions in the world’s largest car market.
Jason Hsu, CIO of Rayliant Global Advisors says that some of the market's uncertainties around the Trump tariffs are starting to wane and that he would continue to buy the dips in the Chinese markets as negative sentiment surrounding the market continues to be "peeled away".