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Tariff Turnaround, Week in Review - China Last Night
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Tariff Turnaround, Week in Review - China Last Night
Week in Review Asian equities were mixed for the week as Korea and Japan outperformed while Thailand and Malaysia underperformed. This week saw Q1 earnings reports from Meituan, which beat estimates, PDD, which missed, Kuaishou, whose report was mixed, and Li Auto, which beat estimates on revenue and net income on vehicle deliveries up 16% year-over-year (YoY). Asian equities cheered the US’ Court of International Trade’s decision Wednesday th…
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