Currently no trade negotiations are taking place between China and the US | Today's important news recap

0424｜Dolphin Research Key Focus:

🐬 Macro/Industry

1、As Trump softened his stance on tariffs and changed his comments on Powell, tensions eased, and U.S. stocks saw a comprehensive rebound overnight, with the three major indices rising over 1%. However, Hong Kong market sentiment remained cautious, leading to a collective pullback today. Regarding the tariff issue, U.S. Treasury Secretary Besant stated that a "comprehensive agreement would take 2-3 years," leaving market uncertainty unresolved.

2、On the tariff issue, the Chinese Foreign Ministry spokesperson denied today that China is engaged in negotiations on tariffs after the A-share market closed. At a regular press conference held by the Ministry of Commerce today, the spokesperson firmly responded, "The U.S. should completely abolish all unilateral tariffs against China and find a way to resolve differences through equal dialogue."

🐬 Stocks

1、$Taiwan Semiconductor(TSM.US)

TSMC plans to begin production using the A14 manufacturing process in 2028 to maintain its leading position in the chip industry. This technology will surpass its current most advanced 3nm process and the upcoming 2nm technology later this year. Additionally, TSMC plans to launch the A16 chip process by the end of 2026.

2、$Palantir Tech(PLTR.US)

Google and PLTR announced on Wednesday that they will introduce Google Cloud to FedStart. Palantir's platform project, FedStart, allows large companies and startups to offer their software to U.S. federal government agencies.

3、Key Earnings Reports and Conference Calls

New Oriental:《New Oriental: Just Out of the "Breakup Pit" and Hit by the "Tariff Hammer," Can General Education Support the Bottom Line?》、《New Oriental (Minutes): Guidance Is a Conservative Estimate, Next Year’s Focus Is on Efficiency》

🐬 Top Gaining Sectors

Shanghai-Shenzhen: Real Estate Services, Diversified Utilities, Electric Utilities;

Hong Kong: Silver, Packaging, Consumer Finance;

U.S.: Marine Ports-Operators, Electronic Components, Cloud & Data Centers;

🐬 Tomorrow’s Focus

1、U.S. One-Year Inflation Rate Expectation Final Value.

2、Google, Intel, and BYD will release earnings reports, and Dolphin Research will track and provide analysis.

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