PRE-MARKET CHINESE STOCKS NEWS: China's MOFCOM unveiled a framework to advance e-commerce development, Hong Kong markets remain closed

The unveiling of a framework by China's MOFCOM for advancing e-commerce development signals a significant regulatory push aimed at fostering growth while maintaining fairness in the sector.

Newsquawk StaffPublished 7 Apr 2026, 01:25 UTCOn the live feed at 01:05 UTC — 2 more headlines followed before this page went public

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PRE-MARKET CHINESE STOCKS NEWS: China's MOFCOM unveiled a framework to advance e-commerce development, Hong Kong markets remain closed

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BYD (002594 CH) - Co. has been blacklisted by Brazil’s Labour Ministry for labour violations. (Newswires)

Dongfeng Automobile (600006 CN) - Co. reported Mar vehicle production of 23.6k units (prev. 20.8k Y/Y). (Newswires)

Gemdale Properties and Investment (535 HK) - Co. FY (CNY) net loss 13.3bln (exp. loss 5.7bln), rev. 35.9bln (exp. 54.6bln). (Newswires)

Universal Scientific Industrial Shanghai (601231 CN) - Co. FY (CNY) net 1.85bln (prelim. 1.85bln). (Newswires)

Xiaomi (1810 HK) - Co. is reportedly expecting 2026 phone sales to decline by 13%, citing sources. (Caijing)

Other News

China's MOFCOM unveiled a framework to advance e-commerce development, emphasising on both growth and regulatory fairness, while it aims to merge digital and traditional sectors, create mutually beneficial ecosystem, and enhance international cooperation. (Newswires)

Context

This initiative could create positive sentiment for tech companies like Xiaomi and Universal Scientific Industrial by providing a clearer operating environment, while also potentially enhancing cooperation in international markets. However, the market's reaction may be tempered by ongoing economic challenges and specific company performance issues mentioned in the news.

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