News

According to Russian media reports, Russian air defense forces destroyed 93 Ukrainian drones overnight.

According to the New York Times: U.S. President Trump nominates T. Elliot Gaiser as assistant attorney general and leads the Justice Department's Legal Counsel.

India's 10-year benchmark Treasury bond yield fell to its lowest level since January 7, 2022.

Hong Kong auto stocks fluctuated and rose, with Leapmotor (09863.HK) rising by more than 9%, Geely Auto (00175.HK) rising by nearly 5%, and NIO (09866.HK) and Ideal Auto (02015.HK) both rising by more than 1%.

Chris Weston, head of research at Pepperstone: We are about to enter Trump’s shining moment, and many people have deleveraged stocks, the dollar and U.S. Treasury bonds, keeping their positions neutral as much as possible.

Hong Kong electronic parts stocks rose all the way during the trading session, Sunny Optical Technology (02382.HK) rose by more than 5.5%, Qiuti Technology (01478.HK) and Gaowei Electronics (01415.HK) all rose by more than 4.5%, and Dongjiang Group (02283.HK), BYD Electronics (00285.HK), AAC Technology (02018.HK) and others all rose by more than 3%.

Hong Kong stock UBL (09880.HK) once rose more than 7% during the session, and now the increase narrows to 5%.

Japanese Chief Cabinet Secretary Lin Fangzheng: If tariff measures are implemented, we will quickly set up a special consultation window and provide financial flows and financing support.

Japanese Chief Cabinet Secretary Lin Fangzheng: We will continue to carefully review the content of tariff measures and its impact on our country, and strongly demand that the United States re-examine these measures.

Japanese Chief Cabinet Secretary Lin Fangzheng: (About the tariff measures to be implemented by the United States) We have always proposed to the US government that unilateral tariff measures should not be taken, and these have been communicated at all levels. We hope to continue dialogue with the United States.

According to NBC News and CNN forecasts, liberals won the Supreme Court election in Wisconsin, the U.S., with liberals still accounting for a 4-3 majority in the court, and Trump and Musk were frustrated.

Thailand's Ministry of Foreign Affairs: It will promote Thailand's investment in the United States.

Thailand's Ministry of Commerce: It will increase imports of US goods.

Hong Kong stock cornerstone Pharmaceutical (02616.HK) fell sharply at the beginning of the session, once falling more than 12% to HK$3, and its stock price hit a new low since February 25.

Thailand Ministry of Commerce: Thailand may be affected by the U.S. tariffs, with losses ranging from $7 billion to $8 billion.

Thailand's Ministry of Commerce: Thailand's tariffs are 11% higher than those of the United States.

Thailand's Ministry of Commerce: Thailand's semiconductors may face 25% tariffs from the United States.

Hong Kong stock Gu Ming (01364.HK) rose more than 8% at the beginning of the session, reaching a high of HK$20.4 during the session, setting a new record high.

Bank of Japan Governor Kazuo Ueda: With fiscal leaders gathering at the IMF and G20 meetings later this month, we may get more information about U.S. tariff policies, so there is a high possibility of sharing views and discussing responses among policy makers.

Bank of Japan Governor Kazuo Ueda: U.S. tariffs may affect trade activities and sentiment in various countries.