PRE-MARKET CHINESE STOCKS NEWS: Chinese President Xi urged domestic technology self-reliance and innovations

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)