E Fund Hang Seng ETF(QDII)(513210.SH)

The Hang Seng Index main futures closed down 0.62% in the overnight session, at 27,330 points. The Hang Seng Tech Index main futures closed down 0.94% in the overnight session, at 5,685 points

Stock Futures Pointed Lower Despite Fed Chair Nomination

Stock futures are pointed lower as the Dow Jones, Nasdaq-100, and S&P 500 indices face potential losses. President Trump nominated Kevin Warsh for Fed chair, expected to support lower interest rates. December's producer price index exceeded expectations, intensifying inflation concerns. Apple shares fell despite strong earnings, while Visa also dipped. SanDisk saw a significant rise after positive earnings. European stocks rose amid earnings reports, while Asian markets showed mixed results, with Hong Kong's Hang Seng declining due to banking issues.

Global news you need to know before the U.S. stock market opens on Friday

Trump nominates Waller as Fed Chair, calling him one of the great chairs. U.S. December PPI rose 3% year-on-year, exceeding expectations. The SEC plans to expand the types of strategic investors. The State Council will impose a 5% import tax on whiskey. The Treasury expects a 57.8% increase in securities transaction stamp duty by 2025. The U.S. may face its first population decline. Eurozone GDP grew 0.3% quarter-on-quarter in Q4. The metal market is volatile, with a sharp drop in copper prices. Bank of America warns that global stock markets are overbought. Japan confirms no intervention in the yen exchange rate in January. Waller's nomination triggers market volatility, with silver and gold prices falling sharply

The Market Review: Hang Seng Index Retracts 2%, Commodity Stocks Sold Off, CKH HOLDINGS Drops Over 4%

The Hang Seng Index fell 2.08% after rising for seven consecutive trading days, closing at 27,387 points, as the market awaited U.S. President Trump's announcement of the new Federal Reserve Chairman. The U.S. dollar index rose, leading to a decline in Hong Kong stocks. The total market turnover reached HKD 301.612 billion, with northbound trading totaling HKD 116.489 billion. Alibaba fell 2.4%, the Tracker Fund dropped nearly 2.1%, while New Oriental rose 5.5% against the trend. This week, the Hang Seng Index accumulated a rise of 637 points, the National Index increased by 156 points, while the Hang Seng Tech Index fell by 79 points

Top 5 HK Stock Gainers/Losers (>100B) (1.30)

CATL(03750) rose 2.85%, with a trading turnover 2.2 Billion HKD, and a year-to-date fell 2.9%. CHINA SOUTH AIR(01055) rose 2.83%, with a trading turnover 95.8 Million HKD, and a year-to-date rose 0%. SD GOLD(01787) fell 14.31%, with a trading turnover 1.8 Billion HKD, and a year-to-date rose 27.9%. GANFENGLITHIUM(01772) fell 10.9%, with a trading turnover 2.1 Billion HKD, and a year-to-date rose 16.5%.