PRE-MARKET CHINESE STOCKS NEWS: CATL (300750 CH) and NIO (9866 HK) signed a battery supply agreement

CATL (300750 CH) - Co. and NIO (9866 HK) signed a battery supply agreement. (Newswires)

HUTCHMED (13 HK) - Co. announces positive topline results of Phase III part of Eslim-02 trial of Sovleplenib for warm antibody autoimmune hemolytic anaemia in China. (Newswires)

Lenovo (992 HK) - Co. teamed with NVIDIA (NVDA) on gigawatt AI factories program to accelerate enterprise AI, while it was also reported that the Co. debuted its Qira AI platform and concept devices in CES launch. (Businesswire/Newswires)

Xioami (1810 HK) - Co. bought back 3.9mln type B shares on Tuesday for around HKD 150mln, according to a HKEX filing. (Newswires)

Other News

PBoC held a meeting on January 5th-6th and said it will continue moderating easing, integrate incremental and stock policy effects, as well as intensify counter-cyclical and cross-cyclical adjustments. PBoC also said it will make efforts to expand domestic demand, prudently defuse risks in key areas, keep liquidity ample, and will flexibly use RRR and rate cuts. (Newswires)

Chinese Premier Li spoke to Ireland's PM and said China is willing to expand cooperation with Ireland in aircraft leasing, healthcare and AI. (Newswires)

China's Sinograin bought 10 US soy cargoes this week for shipment between March and May, according to reports citing traders. (Newswires)

Chinese Foreign Minister Wang Yi said China seeks discussions with the EU on a free trade agreement. (Newswires)

China’s Commerce Ministry imposed export controls on dual-use items to Japan, effective immediately. It was separately reported that China is considering tightening rare earth exports to Japan, in response to Japanese PM Takaichi's remarks regarding Taiwan. (Newswires/China Daily)