- Li Chen
- 09 Jul, 2025
- Hong Kong
Stocks in China lacked direction amid ongoing trade uncertainty and persistent worries of deflation.
The Hang Seng index decreased 0.8%, and the mainland-focused CSI 300 index edged slightly higher as investors reviewed the latest reports on inflation.
China's CPI and PPI Confirm Ongoing Deflation Trends
Consumer price inflation edged up unexpectedly 0.1% in June, reversing the decline by the same amount in the previous month, the National Bureau of Statistics reported Wednesday.
Prices of goods decreased 0.2%, services increased 0.5%, and food edged down 0.3% from a year ago, respectively.
The overall price inflation rose for the first time in five months, but demand remained weak despite government subsidy programs to encourage the purchase of household goods and consumer electronics.
Core prices, which exclude volatile food and energy prices, advanced 0.7% from a year ago, their highest level in 14 months.
The producer price index, the measure of prices charged by suppliers, edged down for the 33rd consecutive month and extended the 3.3% decrease in the previous month, the National Bureau of Statistics said in a separate report.
Producer prices fell 2.6% in the first half, and the outlook for prices in the second half is weaker because of the persistent weak domestic demand and uncertain outlook for exports.
China Indexes and Stocks
The Hang Seng Index decreased 0.8% to 23,960.34, and the mainland-focused CSI 300 index gained 0.4% to 4,012.14.
Five companies listed their shares on the Hong Kong Stock Exchange, as more mainland companies seek capital for international expansion.
Wuhan Dazhong Medical jumped 17% to HK $23.20, and the dental company priced its initial public offering at HK $20 per share.
The dental services provider sold 10.8 million shares and raised gross proceeds of HK$217.4 million.
Fortior Technology gained 10% to HK $132.60, and the company priced its public offering at HK $120 per share.
The advanced chip designer for electric motor control and drivers sold 18.7 million and raised a total of HK $2.8 billion.
Lens Technology Co. Ltd. jumped 6% to HK $19.12, and the lens sensor provider for Apple priced its initial public offering at HK $18.18 per share.
The precision manufacturing company for consumer electronics and electric vehicles raised a total of HK $4.7 billion.
Beijing Geekplus Technology traded unchanged at HK $16.81, and the company priced its public offering at HK $16.80 per share.
The autonomous mobile robot maker for warehouses sold 161.45 million shares and raised a total of HK $2.7 billion.
Beijing Xunzhong Communication decreased a fraction to HK $13.46, and the company priced its public offering at HK $13.55 per share.
The cloud-based communication provider in China, with a market share of 1.8%, sold 30.4 million shares and raised a total of HK $412.5 million.
The Hong Kong Stock Exchange led the world's leading stock markets after a string of large and medium-sized companies from the mainland sought new capital.
A total of 44 new companies raised HK $107 billion in the first half of 2025, a sevenfold jump from HK $13.4 billion when 30 new companies raised capital a year ago, according to the Hong Kong Stock Exchange.
- Li Chen
- 09 Jul, 2025
- Hong Kong
Stocks in China lacked direction amid ongoing trade uncertainty and persistent worries of deflation.
The Hang Seng index decreased 0.8%, and the mainland-focused CSI 300 index edged slightly higher as investors reviewed the latest reports on inflation.
China's CPI and PPI Confirm Ongoing Deflation Trends
Consumer price inflation edged up unexpectedly 0.1% in June, reversing the decline by the same amount in the previous month, the National Bureau of Statistics reported Wednesday.
Prices of goods decreased 0.2%, services increased 0.5%, and food edged down 0.3% from a year ago, respectively.
The overall price inflation rose for the first time in five months, but demand remained weak despite government subsidy programs to encourage the purchase of household goods and consumer electronics.
Core prices, which exclude volatile food and energy prices, advanced 0.7% from a year ago, their highest level in 14 months.
The producer price index, the measure of prices charged by suppliers, edged down for the 33rd consecutive month and extended the 3.3% decrease in the previous month, the National Bureau of Statistics said in a separate report.
Producer prices fell 2.6% in the first half, and the outlook for prices in the second half is weaker because of the persistent weak domestic demand and uncertain outlook for exports.
China Indexes and Stocks
The Hang Seng Index decreased 0.8% to 23,960.34, and the mainland-focused CSI 300 index gained 0.4% to 4,012.14.
Five companies listed their shares on the Hong Kong Stock Exchange, as more mainland companies seek capital for international expansion.
Wuhan Dazhong Medical jumped 17% to HK $23.20, and the dental company priced its initial public offering at HK $20 per share.
The dental services provider sold 10.8 million shares and raised gross proceeds of HK$217.4 million.
Fortior Technology gained 10% to HK $132.60, and the company priced its public offering at HK $120 per share.
The advanced chip designer for electric motor control and drivers sold 18.7 million and raised a total of HK $2.8 billion.
Lens Technology Co. Ltd. jumped 6% to HK $19.12, and the lens sensor provider for Apple priced its initial public offering at HK $18.18 per share.
The precision manufacturing company for consumer electronics and electric vehicles raised a total of HK $4.7 billion.
Beijing Geekplus Technology traded unchanged at HK $16.81, and the company priced its public offering at HK $16.80 per share.
The autonomous mobile robot maker for warehouses sold 161.45 million shares and raised a total of HK $2.7 billion.
Beijing Xunzhong Communication decreased a fraction to HK $13.46, and the company priced its public offering at HK $13.55 per share.
The cloud-based communication provider in China, with a market share of 1.8%, sold 30.4 million shares and raised a total of HK $412.5 million.
- Li Chen
- 09 Jul, 2025
- Select
Stocks in China lacked direction amid ongoing trade uncertainty and persistent worries of deflation.
The Hang Seng index decreased 0.8%, and the mainland-focused CSI 300 index edged slightly higher as investors reviewed the latest reports on inflation.
China's CPI and PPI Confirm Ongoing Deflation Trends
Consumer price inflation edged up unexpectedly 0.1% in June, reversing the decline by the same amount in the previous month, the National Bureau of Statistics reported Wednesday.
Prices of goods decreased 0.2%, services increased 0.5%, and food edged down 0.3% from a year ago, respectively.
The overall price inflation rose for the first time in five months, but demand remained weak despite government subsidy programs to encourage the purchase of household goods and consumer electronics.
Core prices, which exclude volatile food and energy prices, advanced 0.7% from a year ago, their highest level in 14 months.
The producer price index, the measure of prices charged by suppliers, edged down for the 33rd consecutive month and extended the 3.3% decrease in the previous month, the National Bureau of Statistics said in a separate report.
Producer prices fell 2.6% in the first half, and the outlook for prices in the second half is weaker because of the persistent weak domestic demand and uncertain outlook for exports.
China Indexes and Stocks
The Hang Seng Index decreased 0.8% to 23,960.34, and the mainland-focused CSI 300 index gained 0.4% to 4,012.14.
Five companies listed their shares on the Hong Kong Stock Exchange, as more mainland companies seek capital for international expansion.
Wuhan Dazhong Medical jumped 17% to HK $23.20, and the dental company priced its initial public offering at HK $20 per share.
The dental services provider sold 10.8 million shares and raised gross proceeds of HK$217.4 million.
Fortior Technology gained 10% to HK $132.60, and the company priced its public offering at HK $120 per share.
The advanced chip designer for electric motor control and drivers sold 18.7 million and raised a total of HK $2.8 billion.
Lens Technology Co. Ltd. jumped 6% to HK $19.12, and the lens sensor provider for Apple priced its initial public offering at HK $18.18 per share.
The precision manufacturing company for consumer electronics and electric vehicles raised a total of HK $4.7 billion.
Beijing Geekplus Technology traded unchanged at HK $16.81, and the company priced its public offering at HK $16.80 per share.
The autonomous mobile robot maker for warehouses sold 161.45 million shares and raised a total of HK $2.7 billion.
Beijing Xunzhong Communication decreased a fraction to HK $13.46, and the company priced its public offering at HK $13.55 per share.
The cloud-based communication provider in China, with a market share of 1.8%, sold 30.4 million shares and raised a total of HK $412.5 million.
- Barry Adams
- 08 Jul, 2025
- New York City
Wall Street indexes attempted to rebound from Monday's sell-off, and investors shifted their focus to the start of the earnings season.
The S&P 500 index increased 0.1%, and the tech-heavy Nasdaq Composite inched higher 0.2% amid growing consensus that the Trump administration's threats are not likely to derail international trade.
Over the last six weeks, investors have realized that the Trump administration's threats are rarely followed through, and negotiators in China, Japan, Mexico, Canada, and the European Union have an upper hand.
In the latest iteration of Trump's threat, 14 countries are targeted with rates between 25% and 40% starting from August 1.
The Trump administration's bungling of tariff revision has hit small and independent businesses that rely on intermediary or consumer goods made in Asia and Europe.
Donald Trump's erratic trade policy, lack of clarity on the level of tariffs paid at the U.S. ports of arrival, and on-again-off-again ban on artificial intelligence-linked tech products and software have forced U.S. businesses to halt international commerce.
U.S. Stock Movers
Solar energy stocks turned lower after the U.S. president issued an executive order to roll back green energy subsidies.
Sunrun Inc. dropped 10.7% to $9.92, Enphase Energy Inc. decreased 5.4% to $40.15, and First Solar Inc. fell 4.6% to $168.42.
- Barry Adams
- 08 Jul, 2025
- New York City
Wall Street indexes attempted to rebound from Monday's sell-off, and investors shifted their focus to the start of the earnings season.
The S&P 500 index increased 0.1%, and the tech-heavy Nasdaq Composite inched higher 0.2% amid growing consensus that the Trump administration's threats are not likely to derail international trade.
Over the last six weeks, investors have realized that the Trump administration's threats are rarely followed through, and negotiators in China, Japan, Mexico, Canada, and the European Union have an upper hand.
In the latest iteration of Trump's threat, 14 countries are targeted with rates between 25% and 40% starting from August 1.
The Trump administration's bungling of tariff revision has hit small and independent businesses that rely on intermediary or consumer goods made in Asia and Europe.
Donald Trump's erratic trade policy, lack of clarity on the level of tariffs paid at the U.S. ports of arrival, and on-again-off-again ban on artificial intelligence-linked tech products and software have forced U.S. businesses to halt international commerce.
U.S. Stock Movers
Solar energy stocks turned lower after the U.S. president issued an executive order to roll back green energy subsidies.
Sunrun Inc. dropped 10.7% to $9.92, Enphase Energy Inc. decreased 5.4% to $40.15, and First Solar Inc. fell 4.6% to $168.42.
- Bridgette Randall
- 08 Jul, 2025
- London
European market indexes lacked direction but retained an upward bias, as investors reviewed the latest change in the U.S. trade policy.
Benchmark indexes in Frankfurt, Paris, Milan, and London struggled to stay above the flatline.
The Trump administration delayed the aggressive tariff deadline to August 1 from the July 9 deadline and warned Japan and South Korea to face 25% tariffs if negotiations are not wrapped up by the end of the month.
The European Union is looking to strike a trade framework with the U.S. that would avoid steep tariffs on vehicles, pharmaceuticals, and steel and aluminum products.
However, agriculture and food and beverage product shipments from the European Union may avoid excessive tariffs of 25%.
The constantly changing trade policy of the Trump administration has put businesses on alert, and the European Union has ramped up its trade negotiations with China, India, and Brazil.
German Trade Surplus Shrank In May
Germany's May exports increased 0.4% to €129.4 billion, imports advanced 4.2% to €111.1 billion, and the trade surplus shrank to €18.4 billion from €22.3 billion a year ago, respectively.
Exports to the U.S. decreased 7.7% to €12.1 billion, to China declined 2.9% to €6.8 billion, and to the U.K. rose 15.1% to €3.1 billion, according to the latest data available from the Federal Statistical Office, or Destatis.
Europe Stock Movers
Vehicle makers extended their losses of the previous month, and defense stocks turned volatile in Tuesday's trading.
Volkswagen Group AG decreased 0.9% to €90.0, Mercedes-Benz Group AG declined 0.4% to €49.72, Renault SA fell 1.4% to €39.86, and Stellantis NV edged up 0.4% to €8.42.
Rheinmetall AG increased 1.1% to €1,823.0, MTU Aero Engines AG added 1% to €1,823.0, Safran SA inched higher 0.4% to €275.70, and Rolls-Royce Holdings PLC eased 0.8% to 962.0.
- Bridgette Randall
- 08 Jul, 2025
- London
European market indexes lacked direction but retained an upward bias, as investors reviewed the latest change in the U.S. trade policy.
Benchmark indexes in Frankfurt, Paris, Milan, and London struggled to stay above the flatline.
The Trump administration delayed the aggressive tariff deadline to August 1 from the July 9 deadline and warned Japan and South Korea to face 25% tariffs if negotiations are not wrapped up by the end of the month.
The European Union is looking to strike a trade framework with the U.S. that would avoid steep tariffs on vehicles, pharmaceuticals, and steel and aluminum products.
However, agriculture and food and beverage product shipments from the European Union may avoid excessive tariffs of 25%.
The constantly changing trade policy of the Trump administration has put businesses on alert, and the European Union has ramped up its trade negotiations with China, India, and Brazil.
German Trade Surplus Shrank In May
Germany's May exports increased 0.4% to €129.4 billion, imports advanced 4.2% to €111.1 billion, and the trade surplus shrank to €18.4 billion from €22.3 billion a year ago, respectively.
Exports to the U.S. decreased 7.7% to €12.1 billion, to China declined 2.9% to €6.8 billion, and to the U.K. rose 15.1% to €3.1 billion, according to the latest data available from the Federal Statistical Office, or Destatis.
Europe Stock Movers
Vehicle makers extended their losses of the previous month, and defense stocks turned volatile in Tuesday's trading.
Volkswagen Group AG decreased 0.9% to €90.0, Mercedes-Benz Group AG declined 0.4% to €49.72, Renault SA fell 1.4% to €39.86, and Stellantis NV edged up 0.4% to €8.42.
Rheinmetall AG increased 1.1% to €1,823.0, MTU Aero Engines AG added 1% to €1,823.0, Safran SA inched higher 0.4% to €275.70, and Rolls-Royce Holdings PLC eased 0.8% to 962.0.