Asian Markets Mirror Wall Street Gains After Lower-than-expected U.S. Inflation Reading
Asian Markets Mixed Ahead of Key U.S. Inflation Data
US stock early market | USA PPI data is below expectations! Market sentiment has improved, stocks related to Chinese concepts, quantum computing, Drones, and Robot Concept all surged, with Richtech Robotics soaring nearly 50%.
On the evening of the 14th Beijing time, the US stock market opened higher on Tuesday. The PPI in the USA for December rose less than expected, indicating a reduction in inflationary pressure. It is reported that the Trump team is considering gradually increasing import taxes to prevent a sudden spike in inflation.
Express News | Chinese Assets ETF and US-listed Chinese stocks surged collectively! YINN rose over 6%, CHAU and CWEB increased by over 5%; XPeng Autos rose over 9%, JD.com and PDD Holdings increased by nearly 4%, and Alibaba rose by nearly 2%.
Asian Indexes Mixed, Japan Losses While China Gains Momentum
China Securities Regulatory Commission: By 2025, our macro policy orientation will be more proactive and effective, with unexpectedly increased counter-cyclical regulation intensity.
On January 13, the China Securities Regulatory Commission held a system work meeting for 2025, summarizing the work of 2024, advancing the inspection rectification thoroughly, and studying the key tasks for 2025. Wu Qing, the Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission, attended the meeting and spoke. The meeting noted that in 2024, the securities regulatory system would adhere to the guidance of ****'s thought on socialism with Chinese characteristics for a new era, thoroughly implement the decision-making and deployment of the Party Central Committee and the State Council, coordinate risk prevention, strengthen regulations, promote high-quality development, reinforce the foundation, exercise strict oversight and management, leading to positive and profound changes in the capital markets. Firstly, promote the introduction of new "National Nine Articles" for the capital markets and "