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Chinese premier advocates dialogue with US amid rising trade tensions
Chinese Premier Li Qiang urged for dialogue over confrontation during a meeting with U.S. Senator Steve Daines, emphasizing the need for cooperation amid rising tensions over trade tariffs and fentanyl trafficking. Daines, a supporter of President Trump, is the first U.S. lawmaker to visit Beijing since Trump took office, and he coordinated closely with the White House on these issues. Li highlighted the importance of fair competition and the necessity for both nations to work together to ensure stable relations.
insider buying at hsbc holdings signals confidence in company prospects
Insiders at HSBC Holdings plc have significantly increased their stock holdings, with a total of £4.2m in purchases over the past year, indicating growing optimism about the company's future. Notably, CEO Georges Bahjat Elhedery made a substantial purchase of £4.0m at £5.97 per share, below the current price of £8.82. Despite some selling, the overall trend shows insiders are net buyers, reflecting confidence in the company's prospects.
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