Tianhong CSI Chip Industry ETF(159310.SZ)

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Tianhong CSI Chip Industry ETF
159310.SZ
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European stocks fell in early trading, with automotive and luxury goods stocks under pressure, while Bayer rose over 7%

European stocks fell in early trading as Trump threatened to impose tariffs on eight NATO member countries, raising doubts about the US-EU tariff agreement. The French and German stock markets fell by 1.2% and 1% respectively, while the UK stock market declined by less than 0.1%. Automotive and luxury goods stocks were under pressure, with BMW and LVMH down 4.2%, and Mercedes-Benz and Porsche down 3.6%. Bayer's stock price rose over 7% after the US Supreme Court agreed to hear its appeal. US stock futures generally fell, and the Asia-Pacific stock markets showed mixed performance

AASTOCKS·
AASTOCKS·

TIMELINE-Major developments in Trump's trade war

U.S. President Donald Trump's tariff decisions since January 2025 have created significant market volatility and uncertainty in the global economy. Key developments include: 25% tariffs on Mexico and Canada, a 10% tariff on China, and various increases on steel, aluminum, and imports from multiple countries. Notable agreements were made with the UK, Japan, and South Korea, while tariffs on AI chips and imports from India were also imposed. A controversial threat to impose tariffs over Greenland was made in January 2026, highlighting ongoing tensions in trade relations.

Reuters·
Reuters·

Nasdaq futures fell more than 1%, spot gold hit a new high, and Trump issued a tariff threat regarding Greenland

More news, ongoing updates

Wallstreetcn·
HK
07299
+2.48%
US
GLD
-0.48%
Wallstreetcn·
HK
07299
+2.48%
US
GLD
-0.48%

JPMorgan Asset Management's Zhu Chaoping: Institutional investors remain cautious about the mainland recovery

JPMorgan Chase asset management strategist Zhu Chaoping, based in Shanghai, pointed out that despite the Chinese economic data showing a contrast between weak domestic economic performance and strong exports, the annual GDP growth still aims to reach 5%. The slowdown in consumption and fixed asset investment reflects the diminishing impact of consumption subsidies. Despite facing macroeconomic headwinds, the Chinese stock market remains resilient, primarily benefiting from the global AI trend. Zhu Chaoping believes that policymakers are cautious about introducing aggressive stimulus measures in the short term, and the divergence of internal and external trends is reflected in the stock market

AASTOCKS·
US
JPM
+1.04%
AASTOCKS·
US
JPM
+1.04%

"Hong Kong Stocks" The Hang Seng Index fell 265 points in the first half of the day, some AI stocks and pharmaceutical stocks retreated, while power equipment stocks surged

The Hong Kong stock market fell in early trading, with the Hang Seng Index down 265 points, reporting at 26,579 points. The National Index fell 77 points, and the Hang Seng Tech Index dropped 66 points. The total turnover was HKD 132.94 billion. Smartphone manufacturers like Xiaomi lowered their shipment expectations, leading to a decline in related stock prices. Roborock's listing application was reviewed, and UBTECH ROBOTICS' stock price rose. Other tech stocks generally fell, while some AI stocks performed relatively well

AASTOCKS·
HK
09880
+8.63%
SH
688169
+0.90%
AASTOCKS·
HK
09880
+8.63%
SH
688169
+0.90%
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