Nike Needs US-China Trade Truce; Xiaomi's SUV Worries Tesla? | Insight with Haslinda Amin 6/27/2025
Bloomberg Television·2025-06-27 05:33

Market Trends & Trade - Asian stocks experienced gains driven by optimism surrounding potential US-China trade agreements [1] - The US and China are showing hopes for a trade deal [1] - Lutnick indicates that a US-China trade truce has been signed [1] - India trade deal is nearing completion [1] Company Performance & Deals - Morningstar considers Nike to be undervalued [1] - Xiaomi's YU7 preorders exceeded expectations, leading to a jump in stock price [1] - JSW has agreed to acquire Akzo Nobel's India unit for $16 billion [1] China Market Insights - Goldman Sachs indicates a high bar for investments flowing into China [1] - Tokyo Electron is reportedly shrugging off competition from China [1]