Tariffs fluctuate, Hong Kong and A-shares collectively close in the green | Today's important news review

0414 ｜ Dolphin Research Key Focus:

🐬 Macroeconomics/Industry

1. Last Friday, the U.S. Customs and Border Protection, which is responsible for tariff collection, announced that a series of products, including communication equipment (smartphones), computers, semiconductor equipment, and integrated circuit devices, would be excluded from the previously announced “reciprocal tariffs”. However, there was a sudden reversal later. Trump claimed that he would soon announce the tariff rates on semiconductors. Despite the uncertainty of the tariff news, the Asia-Pacific stock markets generally rose today.

2. The foreign trade data for the first quarter has been released: The General Administration of Customs announced that China's exports in March increased by 12.4% year-on-year in U.S. dollars, while imports decreased by 4.3%; in renminbi, exports increased by 13.5% year-on-year, and imports decreased by 3.5% year-on-year. Although external pressures continue to increase, foreign trade overall still maintains strong resilience.

🐬 Individual Stocks

1. $EAST BUY(01797.HK)

Amid the heated trade war, export companies are beginning to seek solutions by diversifying their layouts and shifting to the domestic demand market to offset negative impacts. In this context, Dongfang Zhenxuan announced that in order to better assist outstanding foreign trade enterprises in quickly expanding into the domestic market and injecting new momentum into the strategy of expanding domestic demand, it will officially launch the "Foreign Trade Quality Products Entry" special action to serve domestic consumers. Following the announcement, Dongfang Zhenxuan's stock price surged, closing up 12.32% today.

2. Tonight, CATL will announce its financial report, and Dolphin Research will track and provide interpretative analysis.

🐬 Leading Sectors

Shanghai and Shenzhen Stocks: Diversified capital markets, tobacco, computer and electronic product retailers;

Hong Kong Stocks: Food retailers, furniture/home/renovation materials retailers, financial exchanges, and data;

U.S. Stocks: Precious metals and minerals, tires and rubber, gold.

🐬 Focus for Next Monday

1. U.S. New York Fed Manufacturing Index, U.S. Import Price Index month-on-month.

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