JPMorgan: The impact of Trump's tariffs on Chinese concept stocks in the Internet sector is limited.
① Analysts at JPMorgan believe that the impact of USA tariffs on Chinese Internet companies (excluding cross-border e-commerce) is limited, with an effect on online consumption potentially less than 0.5%; ② A report by Jinrui Fund points out that the revenue share of Chinese Internet companies in the USA market is less than 2%, primarily serving China's huge consumer market of 1.4 billion people. ③ JPMorgan expects that PDD Holdings will be the most affected by the tariffs, while Tencent and NetEase are more defensive.
Delisting Chinese Stocks Is a Real Possibility for Trump. There's a Lot at Stake.
Express News | Shares of US-listed Chinese Companies Are Trading Lower Following a Report Suggesting That US Treasury Secretary Bessent Wants to Pressure Trading Partners to Limit China's Involvement in Their Respective Economies. Hongkong Post Plans to Suspend...
Tencent Music-SW (01698.HK) will hold a Board of Directors meeting on May 12 to approve the first-quarter results.
Gelonghui April 15丨TME-SW (01698.HK) announced that the Board of Directors will review and vote on the unaudited performance for the three months ending March 31, 2025, and other matters on Monday, May 12, 2025.
TME-SW: NOTICE OF BOARD ACTION AND DATE OF PUBLICATION OF FIRST QUARTER RESULTS ANNOUNCEMENT
6-K: Report of foreign private issuer (related to financial reporting)
Tencent Music Entertainment Group to Report First Quarter 2025 Financial Results on May 13, 2025
Goldman Sachs Warns $2.5 Trillion Sell-Off In The Extreme Event Of US-China Decoupling As Scott Bessent Says 'Everything Is On The Table'
U.S. stocks closed: Technology Industry tariffs postponed, the three major Indexes rose collectively, and Chinese concept stocks surged.
① Large technology stocks showed mixed performance, with Apple increasing by 2.21%; ② China Concept Stocks generally rose, with the Nasdaq China Golden Dragon Index increasing by 3.23%; ③ NVIDIA: is striving to produce AI supercomputers entirely in the USA.
Express News | Shares of Chinese Stocks After the Trump Administration Excluded a Range of Technology Products, Including Consumer Electronics From the 145% Reciprocal Tariffs Bucket. Additionally, Chinese Exports Grew in March
Express News | U.S.-Listed Shares of Chinese Firms Rise Following Domestic Peers After Tariff Relief on Tech Goods
Express News | Alibaba up 6.8%, PDD Holdings up 6.9%, Baidu up 4.2%
Express News | JD.com up 6.1%, Li Auto up 2.8%, NIO up 5%, Xpeng up 4.8%
GF SEC: The Chinese music market has sustained growth potential. It is recommended to pay attention to NetEase Cloud Music and others.
GF SEC released a research report stating that compared to Global peers, domestic music streaming has the advantage of a more integrated landscape; at the same time, domestic users have diverse preferences in music, leading to lower dependence on leading record labels by platforms. Tencent Music and NetEase Cloud Music are creating differentiated content supply by shaping their own production systems. It is recommended to pay attention to Tencent Music (TME.US, 01698) on the US stock market and NetEase Cloud Music (09899), as the dual-driven growth of both volume and price shows strong sustainability. The long-term increase in self-produced content ratio and factors like user price increases still have untapped potential for operational leverage. Based on stable profit growth, there is also hope for progressively increasing shareholder returns.
Express News | U.S.-listed Chinese stocks and ETFs surge in overnight trading.
U.S. stock market close: The Nasdaq surged 12% in a single day, with six of the 'Big Seven' companies seeing double-digit gains.
① Tesla rose over 22%, NVIDIA increased by nearly 19%; ② PHLX Semiconductor Index rose about 19%; ③ Nasdaq Golden Dragon China Index rose by 4.5%; ④ Amazon launched the AI voice model Nova Sonic.
U.S. stocks closed with an early rise followed by a drop, with the Nasdaq down over 2%. Apple and Tesla both fell nearly 5%.
① Nasdaq China Golden Dragon Index fell more than 5%; ② PHLX Semiconductor Index fell 3.57%; ③ Trump's administration promotes Coal project mining; ④ Canada's reciprocal tariffs on USA Autos will take effect.
Trending Industry Today: Tencent Music Leads Losses In Non-Fungible Tokens Stocks
Nomura Initiates Tencent Music Entertainment Group at Buy With $17.20 Price Target
Tencent Music (01698) rose by over 11%. Nomura indicates that the company benefits from Tencent's ecosystem and that the pricing of its entertainment services is reasonable.
Jinwu Financial News | Tencent Music (01698) stock price fluctuated and rose, as of the time of writing, up 11.02%, reported at 51.4 Hong Kong dollars, with a trading volume of 11.0712 million Hong Kong dollars. Nomura's report indicates that Tencent Music provides music content for its parent company TENCENT's ecosystem and benefits from TENCENT's ecosystem, especially from content produced by Tencent Video and the extensive distribution and social channels of WeChat. At the same time, Tencent Music is the largest streaming music company in China, with a total of 0.556 billion monthly active users for its four flagship music applications based on online music income calculations.