PRE-MARKET CHINESE STOCKS NEWS: CATL earnings, US and China reportedly clashed over fentanyl and tariffs, while Chinese trade data is scheduled today

The clashes between the US and China over fentanyl and tariffs indicate escalating tensions that could influence market sentiment and the trade landscape.

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PRE-MARKET CHINESE STOCKS NEWS: CATL earnings, US and China reportedly clashed over fentanyl and tariffs, while Chinese trade data is scheduled today

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Asia Cement China Holdings (743 HK) - Co. FY25 (CNY) rev. fell 13.6% Y/Y to 5.1bln (prev. 5.9bln). (Newswires)

China Jinmao Holdings Group (817 HK) - Co. Feb (CNY) contracted sales rose 20.6% Y/Y to 5.3bln (prev. 4.4bln). (Newswires)

CMOC Group (3993 HK) - Reportedly emissions from a CMOC cobalt processing plant in central Africa have made workers and local residents sick. (WSJ)

Contemporary Amperex Technology (300750 CN) - Co. FY (CNY) net rose 4.5% Y/Y to 72.2bln, rev. rose 0.4% Y/Y to 423.7bln, declares special dividend of CNY 4.78/shr. (Newswires)

Industrial and Commercial Bank of China (1398 HK) - Co. may receive a larger share of China’s bank capital increase, according to Chinese press. (Chinese press)

Legend Holdings (3396 HK) - Co. is to pay CNY 1.09bln to acquire shares in Joy Wing Mau and restructure its fruit business. (Newswires)

Leoch International Technology (842 HK) - Co. noted its SpinCo listing application is currently under review by US authorities. (Newswires)

Shenzhen Green Eco-Manufacture Hi-Tech (002340 CN) - Co. halted production at four nickel plants in Indonesia after a deadly landslide last month. (Newswires)

Other News

US President Trump will not go to any cities beyond Beijing during his visit to China scheduled for late this month, because of his tight schedule and security concerns. (Newswires)

US and China clashed over fentanyl and tariffs at a global drugs meeting, while the Trump administration has told Beijing it expects to reimpose the fentanyl-related levy ⁠under a different law, according to Reuters. (Newswires)

Context

This backdrop, combined with scheduled Chinese trade data, may affect investor expectations for both the Chinese economy and broader market stability. Keep an eye on sectors sensitive to trade dynamics, particularly in commodities and equities, as these developments unfold.

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