Market Overview - U.S. stocks traded lower, with the Dow Jones index falling more than 250 points, down 0.61% to 49,202.71. The NASDAQ declined 0.10% to 23,647.92, and the S&P 500 dropped 0.21% to 6,951.34 [1] - Financial stocks dipped by 1% on Monday [2] Sector Performance - Consumer staples shares gained by 0.6% on Monday [1] Commodities - Oil traded down 0.3% to $58.95, while gold increased by 2.3% to $4,605.90. Silver rose 6.5% to $84.485, and copper increased by 1% to $5.9605 [5] International Markets - European shares were higher, with the eurozone's STOXX 600 gaining 0.1%. Spain's IBEX 35 Index fell 0.1%, while London's FTSE 100 gained 0.1%, Germany's DAX rose 0.4%, and France's CAC 40 increased by 0.1% [6] - Asian markets closed higher, with Hong Kong's Hang Seng Index gaining 1.44%, China's Shanghai Composite rising 1.09%, and India's BSE Sensex increasing by 0.36% [7] Company News - Envirotech Vehicles Inc (NASDAQ:EVTV) shares surged 155% to $1.18. Ping An Biomedical Co Ltd (NASDAQ:PASW) shares rose 45% to $0.29 after a previous dip of 68% on Friday. Sound Group Inc – ADR (NASDAQ:SOGP) shares also gained 45% to $17.00 [10] - Atara Biotherapeutics Inc (NASDAQ:ATRA) shares dropped 54% to $6.24 after receiving an FDA Complete Response Letter for EBVALLO BLA, citing clinical trial adequacy concerns. Lyra Therapeutics Inc (NASDAQ:LYRA) shares fell 51% to $1.83 due to plans to suspend development of LYR-210 and implement workforce reductions affecting 28 employees. NovaBay Pharmaceuticals Inc (NYSE:NBY) was down 29% to $13.69 [10] Economic Reports - No major economic reports are scheduled for release today [8]

Core Insights - Japan's exports increased by 6% in November year-over-year, with a notable rise in shipments to the U.S. for the first time since March, attributed to reduced tariff uncertainties following a trade deal with the Trump administration [1][5] - Total imports rose by 1.3%, resulting in a trade surplus of 322.2 billion yen (approximately $2.1 billion) [1] Exports to the U.S. - Exports to the U.S. saw a nearly 9% increase, driven by shipments of cars, chemicals, and cameras, which offset declines in machinery and iron and steel [2] - The tariff deal with the Trump administration set the baseline import duty for most products at 15%, which boosted passenger car shipments by 8% in terms of vehicle numbers, although the value of these vehicles only increased by 1.5% [3] Imports from the U.S. - Imports from the U.S. rose by over 7%, contributing to a trade surplus of 739.8 billion yen ($4.7 billion), which is an 11% increase from the previous year [4] Exports to Other Regions - Exports to the European Union surged by about 20%, supported by increased demand for machinery, vehicles, and other manufactured goods [4] - However, exports to China fell by 2.4% due to weaker shipments of chemicals, machinery, and vehicles, influenced by rising tensions following comments from Prime Minister Sanae Takaichi regarding Taiwan [5] Future Outlook - Despite the recent recovery in trade with the U.S., higher tariffs are expected to continue impacting exports negatively, although forecasts suggest that Japan's exports may improve in the coming year [5] - Increased U.S. spending related to AI is anticipated to support Japan's exports [6]

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Zhejiang Taotao Vehicles Co., Ltd. 浙江濤濤車業股份有限公司 – 1 – (a) the publication of this announcement on the Stock Exchange's website does not give rise ...