BUZZ-China ADRs tick higher, but pare gains after Trump disputes report on tariffs

Reuters
01-06
BUZZ-China ADRs tick higher, but pare gains after Trump disputes report on tariffs

** U.S.-listed shares of Chinese companies rise after report that President-elect Donald Trump's aides are considering less aggressive tariffs than previous threatened

** However, stocks pare some premarket gains after Trump says Washington Post story is incorrect in post on Truth Social

** Aides are exploring tariff plans that would be applied to every country but only cover certain sectors deemed critical to national or economic security, Washington Post reports

** Trump had threatened to impose a 60% tariff on Chinese goods, in addition to tariffs of 10% on other global imports into the U.S.

** E-commerce firms Alibaba Group Holding BABA.N and JD.com Inc JD.O rise 1% and 0.8%, and PDD Holdings PDD.O up 5.1%

** EV firms Nio Inc NIO.N and Xpeng Inc XPEV.N gain 4.4% and 2.3%, solar firm Jinkosolar JKS.N 4.3%

** China ETFs IShares MSCI China ETF MCHI.O and KraneShares CSI China Internet ETF KWEB.K edge up 0.4% and 0.5%, respectively

** Chinese markets have been hit hard since Trump's election as worries increase about how possible U.S. tariffs could impact already sluggish economic growth

** China was the primary focus of a trade war that roiled markets during Trump's first term as U.S. president

(Reporting by Lisa Mattackal in Bengaluru)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10