PRE-MARKET CHINESE STOCKS NEWS: China holds military parade, US revoked TSMC's fast-track China export status

Alibaba (9988 HK) - Co. and Bosch announced to deepen a strategic partnership to advance AI-powered digital innovation, while they plan to evaluate Qwen-based models to evaluate smart cockpit experience and will explore the possibility of developing automated driving tech powered by the Qwen model. (Newswires)

Chongqing Changan Automobile Company Limited (000625 CH) - Co. August vehicle sales rose 25% Y/Y to 233.9k units. (Newswires)

NIO (9866 HK) - Co. Q2 (CNY) loss 5.1bln (prev. loss 5.1bln Y/Y), rev. 19.0bln (prev. 17.5bln Y/Y). (Newswires)

PCI Technology (600728 CH) - Co. plans to seek a Hong Kong listing. (Newswires)

PetroChina (857 HK) - Co. said China National Petroleum Corporation plans to transfer 541.2mln Co. A shares to China Mobile (941 HK). (Newswires)

Shanghai Kindly Enterprise Development (603987 CH) - Co. controlling shareholder plans to sell a 5% stake in the Co. (Newswires)

WuXi XDC Cayman (2268 HK) - Co. places up to 22.3mln shares for maximum gross proceeds of around HKD 1.31bln. (Newswires)

Tech - US revoked TSMC's fast-track China export status. (Newswires)

Other News

China is holding its Victory Day Parade with Russian President Putin and North Korean Leader Kim among the leaders in attendance. (Newswires)

US Ambassador to NATO said US President Trump has not put tariffs on China because those negotiations are ongoing and the war in Ukraine is certainly part of that discussion, while he added that Trump “certainly knows that he has those cards to play” and may impose tariffs if he deems them necessary. (Newswires)

03 Sep 2025 - 02:22- ForexGeopolitical- Source: Newswires