Category: Flash News

On March 19th, it was reported that Korean retail investors were “sweeping” Chinese stocks, and Korean investors were buying A-shares… Recently, news about Korean investors buying a large number of Chinese stocks suddenly went viral on the internet. In February of this year, the monthly trading volume of stocks in mainland China and Hong Kong markets by South Korean investors reached 782 million US dollars, nearly doubling compared to the previous month and reaching a new high since August 2022, far exceeding the investment scale of South Korean investors in European and Japanese stock markets during the same period. Investors who favor Chinese stocks are not only Korean retail investors, but also Korean banks, Korean national pension funds, and others have long been involved in A-shares. In the past two years, the bankruptcy reorganization of multiple A-shares has also seen the presence of Korean capital. The Securities Times reporter noticed that this South Korean capital seems to be operated by a team led by a Chinese doctor. (Securities Times)

On March 19th, US Secretary of State Rubio stated on March 18th local time that the Venezuelan government has an “obligation” to receive Venezuelan citizens repatriated from the United States. Rubio stated that this is an issue that cannot be discussed, negotiated, or debated. If the Venezuelan government does not accept the expulsion of flights, the US government will impose “severe and escalating” sanctions.

On March 19th, the pilot program for technology enterprise merger and acquisition loans has been relaxed for more than ten days and has blossomed in multiple locations across the country. In recent days, commercial banks in Shanghai, Hangzhou, Hefei, Qingdao, Chengdu and other places have implemented the latest policies to increase loan ratios and extend loan terms for technology enterprise mergers and acquisitions, benefiting a number of private listed companies and specialized new enterprises. Mergers and acquisitions are important means for technology companies to acquire advanced technology and enhance their competitiveness. Several industry insiders believe that moderately relaxing the financing restrictions for technology companies’ mergers and acquisitions is expected to activate the activity of the M&A market and bring new opportunities for banks. (Shanghai Stock News)

On March 19th, the Dragon spacecraft of the US space exploration technology company returned to Earth on the 18th Eastern Time, carrying four astronauts including American astronauts Wilmore and Williams who were stranded on the International Space Station due to a malfunction of the StarCraft spacecraft.

On March 19th, under the mediation of Emir Tamim of Qatar (head of state), Congolese President Tshisekedi held a meeting with Rwandan President Kagame on March 18th local time to discuss the conflict in eastern Congo and issued a joint statement. The statement stated that the heads of state unanimously agreed that it is necessary to continue launching negotiations in Doha to lay a solid foundation for lasting peace. The three heads of state welcomed the progress made in the Luanda and Nairobi processes, as well as the joint summit of the East African Community (EAC) and the Southern African Development Community (SAVC) held in Dar es Salaam, Tanzania on February 8, 2025, and reiterated that all parties should abide by the summit consensus and immediately and unconditionally cease fire. The three heads of state agreed to continue advancing the Doha talks, laying the foundation for lasting peace in the Democratic Republic of Congo and the region.

On March 19th, popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index falling 0.18%. Huya fell more than 18%, Douyu fell more than 10%, Xiaopeng Motors and Beike fell more than 7%, Alibaba and Bilibili fell more than 3%; Upward Rongke rose by over 21%, Tencent Music rose by over 15%, NIO rose by over 3%, and Ideal Auto, BOSS Zhipin, and Baidu saw slight increases.

On March 19th, in less than three months, the performance of active equity funds differed by nearly 100 percentage points between the beginning and end, which is relatively rare. In the volatile market, the top performers have achieved returns of over 80% this year, leading the decline in funds by nearly 15%. In the eyes of industry insiders, investors should focus on long-term performance when choosing funds, and fund companies should also prioritize the interests of investors. When emotions become overheated, practical purchase restrictions should be taken to promptly warn of risks. Data shows that as of March 17th, the average return of active equity funds this year has exceeded 7%. Among them, nearly 200 active equity funds have returns exceeding 20%, nearly 50 funds have returns exceeding 30%, and many funds have returns exceeding 60%. (Shanghai Stock News)

On the evening of March 18th local time, Ukrainian President Zelensky expressed his anticipation to speak with US President Trump and hoped to learn from him about the details of his phone call with Russian President Putin. Zelensky said that Ukraine will support the proposal put forward by the United States to stop attacking energy facilities. He also stated that “Ukrainian troops are still stationed in the Kursk region of Russia” and confirmed that Russia and Ukraine are about to exchange prisoners.

On March 19th, a federal judge in the United States indefinitely blocked the dissolution of the United States Agency for International Development, stating that the unilateral closure of the agency may violate the US Constitution. It is reported that the judge also prohibited government efficiency department staff from accessing sensitive personal data stored by the institution.

On March 19th, US Treasury Secretary Besson announced in a statement that two IRS employees investigating tax evasion by former President Biden’s son Hunter Biden will become senior advisors to the department, helping the Treasury push for much-needed cultural reforms within the agency and further strengthen its focus on tax collection and customer service.