From Forbes: 2024-06-13 10:55:13

Asian equities rose following steady US inflation and rates. Europe’s China EV tariff was lighter than expected, anticipated to be up for negotiation. Hong Kong stocks rallied, led by growth stocks including Tencent and Alibaba. Mainland China saw small losses. The tech sector performed well in both markets. Mainland investors bought $511 million worth of Hong Kong-listed stocks and ETFs. Shanghai and Shenzhen closed down, while the STAR Board rose. The Treasury curve flattened, and steel and copper prices gained.



Read more at Forbes: Electric Vehicle Stocks Rally, EU Tariffs Called “Preliminary”