marginallyso negative. moment is a at the decision by saudi arabia to make that cut in output. that sent crude above $50 a barrel. bitcoin also marginally higher. u.s. dollar index also to the upside after some falls. we have the dollar falling again. we got a decision by opec to curb supply. that stock rebound in the u.s. not really at the moment playing out in this part of the world. haslinda: that s right. president trump upping the ante, signing a new executive order banning transactions from eight chinese apps. for more, let s bring in stephen engle. first off, what do we know about this new executive order? coming just days before the end of the trump administration. stephen: yes, coming in the waning days. but clearly the trump administration is trying to cement some of their issues with china, and these executive orders. keep in mind, the bytedance executive order on to cut up on tiktok did not fare too well on appeal to legal challenges that. yet to be seen how muc
By Jiahui Huang NIO s shares rose sharply in Hong Kong after the Chinese electric-vehicle maker s deliveries more than doubled in April. Shares of the Shanghai-based company rose 23% to.
Nio reported surprisingly strong deliveries in April which may have surprised short sellers and driven up the price of its American Depository Receipts.
Hong Kong SMEs’ confidence in the second-quarter business outlook has improved slightly, but it remains well below the year-earlier level when confidence soared on the back of border reopening, survey shows.
By Jiahui Huang Chinese electric-vehicle maker XPeng is gearing up to sell its cars in Hong Kong and Macau, part of efforts to expand beyond the overcrowded market in mainland China. The.