Category: Flash News

On April 8th, according to a research report by Guotai Haitong Securities, after the implementation of equivalent tariffs in the United States, China has timely introduced export controls on medium and heavy rare earths, which is expected to leverage the strategic advantages of China’s rare earth industry. Overseas related industries may start to replenish inventory in advance, promoting price increases. Under the catalysis of policies, emotions, and supply and demand, the rare earth magnetic material market is expected to accelerate.

On April 8th, the US government confirmed that it will impose a 25% tariff on all cars and trucks produced in whole or in part outside the United States, which will take effect on April 3rd. In addition, import tariffs on automotive parts produced outside the United States will begin to be imposed on May 3rd of this year. However, the current imposition of automobile tariffs by the United States has limited impact on China’s automobile exports. Public data shows that in 2024, only 116000 cars will be exported from China to the United States, accounting for 1.81% of China’s total car exports. Huatai Securities analyzed that the 25% automobile tariff has a relatively small negative impact on domestic direct exports, mainly affecting the expected revenue and profits of top car companies in countries such as Japan, South Korea, and Germany. Chinese car companies may gain more growth in regions such as the European Union and Southeast Asia. Cui Dongshu, Secretary General of the National Passenger Car Market Information Joint Committee, believes that the proportion of Chinese car exports to the United States is extremely small, especially since domestic brands have not been sold in the United States. Therefore, Chinese domestic cars are not affected by the tariffs imposed by the United States.

On April 8th, Ukrainian President Zelensky stated in a routine video speech on the 7th local time that he had listened to the report of Ukrainian Army Commander in Chief Sersky and learned about the situation on the front line as well as the Ukrainian military’s operations in Kursk and Belgorod Oblast, Russia. Zelensky stated that the continued active actions of the Ukrainian military in the border areas of Russian territory are a legitimate response. This is Zelensky’s first official statement that the Ukrainian army is fighting in the Belgorod Oblast of Russia.

On April 8th, the People’s Daily reported that China’s countermeasures are well known, reasonable, legal, and effective. The so-called “equivalent tariffs” by the United States are essentially a manifestation of power politics, which believes in “power is right” and is pursuing “American hegemony”. China is an ancient civilization and a country of etiquette. The Chinese people advocate honesty and faithfulness. China never causes trouble, but it is not afraid of it either. History and reality have proven that pressure and threats are never the right way to deal with China.

On April 8th, data shows that as of 19:00 on April 7th, a total of 926 listed companies in the A-share market have announced plans to distribute cash dividends in 2024, making cash dividends the mainstream method of profit distribution. At the same time, listed companies have been intensively disclosing repurchase and significant shareholder increase plans, showing a recent trend of clustering. On the evening of April 7th, several listed companies, including Deby Group and Yingke Regeneration, issued repurchase announcements. In addition, many leading companies in the industry have announced that important shareholders plan to increase their holdings significantly.

① 07:50 Japan’s February trade account ② 14:45 France’s February trade account ③ 18:00 US March NFIB Small Business Confidence Index ④ EIA releases monthly short-term energy outlook report at 00:00 the next day ⑤ Fed Dailey participates in dialogue activity at 02:00 the next day ⑥ US API crude oil inventory for the week of April 4th at 04:30 the next day

On April 8th, a spokesperson for the Federal Bureau of Investigation announced on April 7th that the US Department of Justice has abolished a “zero tolerance” policy regarding gun distribution. The policy requires that if a gun dealer intentionally sells firearms to convicted felons or other individuals prohibited from holding firearms, or fails to conduct background checks, falsify records, or fails to respond to law enforcement requests to help track firearms used in crime, the Alcohol, Tobacco, Firearms, and Explosives (ATF), which regulates the gun industry, will revoke the license of the gun dealer.

On April 8th, the Schr ö dinger cat state refers to the superposition phenomenon of quantum objects in two contradictory states simultaneously. The cat that was both alive and dead in this thought experiment is now given a new interpretation in real physical systems. According to the latest issue of the journal Science Advances, a joint team from the University of Innsbruck in Austria and the Institute of Photonics Sciences in Barcelona, Spain has demonstrated for the first time that the generation of quantum superposition states does not rely on extremely low temperature environments and can be achieved at relatively high temperatures close to 1.8 Kelvin.

On April 8th, armed gangs in Haiti launched an attack on the town of Kenskov, located 10 kilometers from the capital Port au Prince, resulting in 262 deaths, 66 injuries, and over 3000 people fleeing the town. More than 200 houses were burned down. According to previous statistics, there are over 4000 residents in the town. Faced with the worsening security situation, Haitian media reported that the interim government of Haiti has signed an order declaring a national state of security and humanitarian emergency.

On April 8th, data shows that as of April 7th, a total of 11 Chinese stocks (including red chip stocks, H-shares, and Chinese private stocks) have been listed this year, an increase from the same period last year. Wei Wei, Chief Strategy Analyst of Ping An Securities, stated that the listing conditions on the main board of the Hong Kong stock market are more flexible and relaxed, and a dedicated channel for technology companies with chapters 18A and 18C has been added, which is particularly attractive to companies with high market value and relatively insufficient scientific and technological innovation attributes. The popularity of companies going public in Hong Kong is expected to continue to increase. On the one hand, the Hong Kong Stock Exchange has gathered numerous high-tech scarce targets and continues to promote the reform of the new economy listing system, providing a good listing platform for technology enterprises. On the other hand, as an international financing platform, the Hong Kong Stock Exchange can also play a role in protecting high-quality enterprises from going global, “said Wei Wei.