PRE-MARKET CHINESE STOCKS NEWS: Chinese President Xi urged domestic technology self-reliance and innovations
Newsquawk Staff ·
ASMPT Ltd (522 HK) - Co. group CEO Ng is to retire from role. (Newswires)
China Suntien (956 HK) - Co. January power generation rose 15.3% Y/Y. (AAStocks)
HKT Trust (6823 HK) - Co. FY (HKD) net 5.3bln (exp. 5.4bln), rev. 36.6bln (exp. 35.8bln)
Xiaomi (1810 HK) - Co. executive said they currently have no plans to enter the US market. (Newswires)
Tech - Chinese President Xi urged domestic technology self-reliance and innovations. (Xinhua)
Auto - China's Commerce Ministry held a meeting with executives from auto firms and is to optimise the trade-in scheme, while it is to bolster sales using both new and existing policies. (Newswires)
Other News
US President Trump and Chinese President Xi’s summit was reportedly set for the first week of April, and could be the first of four meetings this year between the two leaders, according to POLITICO. However, the White House said shortly after that the Trump-Xi meeting had not been finalised. (Newswires)
China issued a white paper on Hong Kong and safeguarding national security.
French government advisory body issued a report on China, which recommends ways to neutralise competitiveness gaps, including implementation of a 30% general tariff, or a depreciation of the Euro by 20-30% vs the Renminbi. (Newswires)
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- US President Trump says the US will officially ban the term "AI/Artifical Intelligence", due to inaccuracy
- US President Trump says believes I will visit tanker in Texas with Venezuela oil; thinks Secretary of State Rubio will be with him; we are going to accept 1mln bbls of Venezuelan oil
- US President Trump on Truth says "Consumer Confidence is up 7.5%, an extremely big rise"
- US EQUITY OPEN: Indices in the green as Tech sector outperforms as earnings continue
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