Global news you need to know before the U.S. stock market opens on Tuesday

Wallstreetcn
2025.08.19 12:54

Starting from September 1st! Three new scenarios for personal pension withdrawals.

Xiaomi's Q2 net profit increased by 75.4% year-on-year, with revenue from major appliances rising by 66.2%, setting a historical high, while mobile phone business declined by 2.1%.

POP MART's net profit surged nearly 400% in the first half of the year, with revenue from the Americas market skyrocketing 11 times, and plush product revenue soaring by 1276.2%.

XPeng's Q2 revenue doubled to a record high, with net losses narrowing by 63%, while Q3 revenue delivery guidance fell short of expectations.

New housing starts in the U.S. rose to 1.428 million units in July, exceeding expectations.

Trump stated that both Putin and Zelensky must demonstrate "flexibility."

A senior Japanese lawmaker urged that the Bank of Japan must gradually raise interest rates, preferably starting as soon as possible.

According to CCTV, Japan's Ministry of Defense has requested the largest defense budget in history.

To maintain an 8% growth, Vietnam has launched an "infrastructure frenzy," initiating 250 projects at once.

Global promotional outpost? OpenAI launched an ultra-low-cost ChatGPT subscription in India, with a monthly fee of less than $5.

The online model version of DeepSeek has been upgraded to V3.1, extending the context length to 128k.

According to Jiemian, ByteDance denied plans to launch mobile phone products.

According to Reuters, iQIYI has hired an investment bank and may conduct a secondary listing in Hong Kong before the Spring Festival.

Is New Oriental Group's CEO under investigation? Dongfang Zhenxuan and New Oriental responded consecutively: it is purely a rumor, and legal responsibility will be pursued according to the law.

In pre-market trading, Chinese concept stocks showed mixed results, Intel rose nearly 6%, European stocks increased, oil prices were under pressure, and the market focused on Jackson Hole.

The Nikkei 225 index closed down 0.4%, the Shanghai Composite Index closed down 0.02%, and the Hang Seng Index closed down 0.21%