From Gain To Free Fall for China and Hong Kong Markets as Trump Targets Countries Alleged War Aid to Russia

Shernice軒嬣 2000
01-23 15:11

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WASHINGTON — US President Donald Trump said on Wednesday (Jan 22) he would add new tariffs to his sanctions threat against Russia if the country does not make a deal to end its war in Ukraine, and added that these could also be applied to "other participating countries."

In a post on Truth Social, Trump modified comments he made on Tuesday that he would likely impose sanctions against Russia if President Vladimir Putin refused to negotiate an end to the nearly three-year conflict.

"If we don't make a 'deal,' and soon, I have no other choice but to put high levels of Taxes, Tariffs, and Sanctions on anything being sold by Russia to the United States, and various other participating countries," Trump said.

Trump's post did not identify the countries that he considered participants in the conflict, or how he defined participation.

The statement by President Donald Trump regarding potential new tariffs on Russia and "other participating countries" introduces a layer of uncertainty that could broadly impact global markets, including those in China and Hong Kong.

New Liquidity? Are You Bullish on China Stock Rally During CNY?
At today’s meeting, China announced a new policy stating large state-owned insurance companies are required to allocate 30% of their new premiums each year to A-share investments starting in 2025. Historically, Hong Kong and A-shares tend to perform well in January, during the Chinese New Year period. ------------------- Does this signify new liquidity for the stock market? Is it a positive signal or not? Should investors hold on for more gains or take profits now? Which Chinese stock are you most optimistic about?
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