Chinese Trade Data for FY25:
China's trade data shows a significant trade balance surplus, with dollar-denominated exports up 5.5% year-on-year, while imports remained flat, indicating robust external demand.
Hanwha Corp (000880 KS) is to spin off its retail, hotel, robotics, and other firms into separate units
PRE-MARKET INDIAN STOCKS NEWS
Chinese Trade Data for FY25:
Chinese Balance of Trade Yuan (Dec) 808.8B vs. Exp. 820B (Prev. 792.58B)
Chinese Balance of Trade (Dec) 114.1B vs. Exp. 113.6B (Prev. 111.68B)
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- Trade Balance: +USD 1,189.0bln
- Trade Balance: +CNY 8,509.7bln
- Dollar-Denominated Exports (Y/Y): +5.5%
- Dollar-Denominated Imports (Y/Y): 0.0%
- Yuan-Denominated Exports (Y/Y): +6.1%
- Yuan-Denominated Imports (Y/Y): +0.5%
This may exert upward pressure on the yuan and has broader implications for forex markets, potentially strengthening the CNY against the USD and impacting commodity demand, especially for metals like gold.
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