EUR/USD
1.16581
-0.070%
Gold
4580.42
-0.367%
Oil
59.492
-0.258%
USD/JPY
158.491
0.211%
GBP/USD
1.34699
0.034%
GBP/JPY
213.490
0.252%
Real-time News
The Hang Seng Index continued to strengthen in early trading, breaking through the 27,000 mark for the first time since November 2025, and is currently up 1.77%.Hong Kong tech stocks performed strongly in early trading, with Alibaba (09988.HK) rising over 4%, JD.com (09618.HK) rising over 2%, and Bilibili (09626.HK) and Kuaishou (01024.HK) following suit.WuXi AppTec shares rose in both A-shares and H-shares in early trading, with A-shares up over 4% and H-shares up over 6%. The news comes after WuXi AppTec (02359.HK) issued a profit warning, projecting net profit attributable to shareholders of approximately RMB 19.151 billion in 2025, representing a year-on-year increase of approximately 102.65%.On January 13th, UBS CEO Benjamin Anscher stated that the proposed banking regulatory reforms in Switzerland "have gone too far," and the bank needs a competitive regulatory framework to achieve growth. In a television interview on Tuesday, Anscher said, "This has evolved into a political process, and we hope to see clearer progress in the second half of the year." Regarding the situation in Switzerland, Anscher said he couldnt be sure a solution satisfactory to UBS would be reached, but was "gratified to see the political interest in understanding the details of the reforms." The banks management is trying to persuade the Swiss government to downplay the proposed regulatory reforms, which could subject UBS to up to $26 billion in additional capital requirements. Since last year, UBS has been exploring solutions to the Swiss capital requirements and reportedly discussed the possibility of relocating its headquarters with US Treasury Secretary Bessenter.Hong Kong-listed new energy vehicle stocks collectively rallied, with XPeng Motors (09868.HK) rising over 4%, BYD (01211.HK) gaining over 3%, and Li Auto (02015.HK) and Leapmotor (09863.HK) following suit. This rally was fueled by news that the European Union will release guidance on submitting price undertaking applications.
