Hong Kong Stock Morning Report | The trade agreement between the US and the UK boosts US stocks, with most China Concept Stocks showing strength.

① The USA and United Kingdom reached a trade agreement, but the details are yet to be finalized. ② The three major stock indexes in the USA closed higher, with most China Concept Stocks also gaining strength. ③ The number of initial unemployment claims in the USA last week was lower than expected. ④ The Bank of England cut interest rates by 25 basis points. ⑤ The financial markets in India and Pakistan are turbulent, with ongoing escalation of conflicts. ⑥ International Crude Oil Product futures prices rose by about 3%, and Bitcoin broke through $0.1 million.

cls.cn19:04 ET

Taobao has set its sights on the traffic of Xiaohongshu.

A "marriage" between e-commerce platforms and content platforms.

wallstreetcnMay 8 09:15 ET

PDD Holdings' Temu Likely to Face Challenges Amid Tariff Tensions

WSJMay 7 23:13 ET

Chinese Tech Earnings Season Kicks Off: Will JD.com, Tencent, or Alibaba Lead the Rally?

Moomoo News SGMay 8 06:00 ET

BOCOM INTL: Currently, most Company Valuations are below the average level for 2024. Bullish on Alibaba-W and others.

BOCOM INTL released a Research Report stating that due to overseas uncertainties, most Company Valuations are currently below the average level for 2024. The bank is Bullish on companies with stable performance and opportunities for valuation enhancement driven by AI, such as Alibaba-W (09988), TENCENT (00700), NTES-S (09999), TRIP.COM-S (09961), and MEITUAN-W (03690). This month, Chinese concept and Internet companies will gradually announce their first quarter results. As e-commerce benefits from the expansion of national subsidies to drive demand, the bank expects the industry's Commodity gross merchandise volume (GMV) growth rate to increase by 6% year-on-year, among which Alibaba

Sina Hong Kong StocksMay 8 03:52 ET

Hong Kong stock morning report | The Federal Reserve maintained interest rates, and the three major U.S. indexes closed higher. China Concept Stocks broadly declined.

① The Federal Reserve maintained the benchmark interest rate, which met market expectations. ② Federal Reserve Chairman Powell stated that the impact of tariffs is greater than expected and there is no rush to cut interest rates. ③ The three major indexes of the U.S. stock market closed higher, while China Concept Stocks generally fell. ④ The central bank stated that it will make every effort to promote the implementation of a package of financial policies. ⑤ International crude oil and Gold Futures prices fell more than 1%.

cls.cnMay 7 19:11 ET