
PRE-MARKET CHINESE STOCKS NEWS: USTR's Greer said China is taking actions as if it wants to decouple
China Uptown Group (2330 HK) - Wu Yanhua was appointed as CEO in place of Liu Jianhui. (Newswires)
GDS Holdings (9698 HK) - Co. seeks to raise over USD 1bln for international unit. (Newswires)
HSBC (5 HK) - Co. launches digital merchant services in India. (Newswires)
Xiaomi (1810 HK) - Co. bought back 4mln Class B shares for HKD 191.8mln on Thursday. (Newswires)
YTO Express (600233 CH) - Co. shareholder plans to sell a 2% stake over three months. (Newswires)
Other News
China's Commerce Ministry said that China hopes the US will appreciate the progress made in previous talks and correct recent wrongdoings. It also said that recent China-US tension was caused by restrictive measures from the US against China, and it hopes the US will work with China to find solutions. Furthermore, MOFCOM said it took a constructive stance during recent US-China trade talks and rare earth export controls are different to an export ban, while all licence applications for civilian use will be approved. (Newswires)
China's Foreign Minister said decoupling with the US isn't a rational choice, while he called for effective communication between China and the US to resolve differences. (Newswires)
USTR's Greer said China is taking actions as if it wants to decouple, while he added that the US is to do more on rare earths and that more US stakes in rare earth companies are possible. (Newswires)
Canadian PM Carney said they are engaged in deep negotiation with the US on several sectors and are restarting a broad engagement with China, while he expects to meet senior Chinese leadership in the coming months. (Newswires)
17 Oct 2025 - 02:22- ForexEconomic Commentary- Source: Newswires
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