News

JPMorgan Chase: Raised Disney stock price target from $138 to $139.

India's NIFTY 50 index rose 0.28% before the market opened.

JPMorgan Chase: Raised the target share price of Infineon from 48 euros to 74 euros.

The Hang Seng Technology Index rose more than 3% intraday, the Hang Seng Index rose 1.54%, Kuaishou (01024.HK) rose more than 7%, Huahong Semiconductor (01347.HK) rose more than 6%, Tencent Music (01698.HK), Kingsoft (03888.HK), and Baidu (09888.HK) all rose more than 5%.

According to the Latvian National Public Broadcasting Corporation: Police and fire departments reported that a drone crashed on an oil storage facility in a Latvian town near the Russian border.

According to Latvian National Radio and Television: Two foreign drones entered Latvia from Russia and crashed.

Hong Kong jewelery retailers rose during the session, with Saturday Fook (06168.HK) rising by more than 19%, Tse Ruilin (00471.HK) rising by more than 9%, Chow Tai Fook (01929.HK) rising by more than 5%, followed by Chow Sang Sang (00116.HK), Luk Fook Group (00590.HK), Mengjinyuan (02585.HK) and others.

Australian Minister of Resources: Australia’s domestic natural gas safety mechanism will be cancelled, the agreement framework will be cancelled, and natural gas market rules will be reformed in an appropriate manner.

Cyprus said EU countries and lawmakers had reached a tentative agreement to delay the implementation of weakened artificial intelligence regulations.

Australian Energy Minister: 20% of natural gas will be reserved for the east coast domestic market.

The MSCI Asia Pacific ex-Japan index hit a record high and was last up 1.3%.

Apple launches new clean energy and environment initiatives in India, including investing Rs 1 billion to build renewable energy capacity.

Hong Kong stocks started to recover in early trading, with Kuaishou (01024.HK) rising by more than 8%, Alibaba Health (00241.HK) rising by more than 5%, Tencent Music (01698.HK), Baidu (09888.HK), Alibaba (09988.HK) and JD Health (06618.HK) both rose by more than 4%, while Ctrip Group (09961.HK), Bilibili (09626.HK) and NetEase (09999.HK) all rose by more than 3%.

NI225 surged 5.00% during the day and is now at 62498.02 points.

Australia's import monthly rate in March was 14.1%, the previous value was -3.20%.

Australia's exports in March were -2.7% month-on-month, compared with the previous value of 4.90%.

Australia's goods and services trade balance in March was A$1.841 billion, compared with A$4.1 billion expected and the previous value of A$5.686 billion.

NI225 broke through 62,000 points, rising 4.89% during the day.

The White House: Trump will sign an executive order at 4 p.m. ET on Thursday.

The HSI opened on May 7 (Thursday), up 317.57 points, or 1.21%, to 26531.35 points;Hong Kong’s Hang Seng Technology Index opened on May 7 (Thursday), up 119.91 points, or 2.41%, to 5089.11 points ;The state-owned enterprise index opened up 114.28 points, or 1.3%, at 8915.03 points on May 7 (Thursday);The red chip index opened at 4501.91 points, up 14.54 points, or 0.32%, on May 7 (Thursday).