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The Hang Seng Index fell by 1.6%; Led by industrial and commercial stocks, the Hang Seng Index fell 1.6% to 20,072.69 in Hong Kong. In midday trading, industrial and commercial stocks led the market down, and all kinds of stocks fell; Of the 83 stocks, 75 fell and 7 rose. Meituan dragged down the index the most, falling by 2.8%. Budweiser Asia Pacific suffered the biggest decline, down 6.1%.Faraday Future announced today that it has delivered FF 91 2.0 Futurist Alliance to supermodel and designer Suede Brooks. FF executives attended the delivery ceremony and discussed with Suede about the co-creation of future technology and design fashion. Matthias Aydt, global CEO of FF, Jia Yueting, founder and chief product and user ecologist of FF, and Sue Neuhauser, head of FF design, attended the event and delivered the new car to Suede.South Korean police: A compulsory investigation of Yin Xiyue is being considered. The South Korean police said on the 13th that they are discussing a compulsory investigation of President Yin Xiyue and considering a seizure and search of his communication records and presidential residence. The special investigation team of the National Investigation Headquarters under the South Korean Police Agency held a press conference on the same day, saying that the plan to detain and search the presidential residence in Hannandong, Longshan District, Seoul is in the "discussion stage". The police are considering seizing and searching Yin Xiyue's communication records. (Xinhua News Agency)

Turkish President: It will crack down on organizations such as the PKK in Syria. The Information Bureau of the Turkish Presidential Office issued a statement on the early morning of the 13th, saying that Turkish President Erdogan said that Turkey would take "preventive measures" for national security and crack down on all "terrorist organizations" such as the PKK in Syria.Sumitomo Rubber said that the price of domestic commercial tires and related products increased on April 1, 2025. Sumitomo Rubber raised the price of Japanese tires by 6-8% on average.Australia's S&P/ASX 200 index closed down 0.4% to 8,296 points.

Singapore iron ore futures fell 2.4%, almost erasing the gains this week.EDI SUSIANTO, Executive Director of the Bank of Indonesia: The decline of the Indonesian rupiah was affected by global sentiment and the rise of the US dollar.CICC: It is expected that the central bank will further set up other new monetary instruments in the future. CICC said that on the basis of Politburo meeting of the Chinese Communist Party, the policy objectives and directions of the Central Economic Work Conference have been further stated. For next year's economic goals, after "maintaining stable economic growth", the meeting proposed to "maintain overall stability in employment and prices" and pointed out that "we should pay attention to target guidance and strive to achieve an optimal combination of stable growth, stable employment and reasonable price recovery". In terms of monetary policy, CICC believes that this meeting clearly pointed out that "timely RRR cuts and interest rate cuts". It is expected that in order to meet the government bond issuance, credit supply and seasonal liquidity demand, the RRR cut may be implemented before the Spring Festival, and the interest rate cut may also be gradually promoted with the Fed's interest rate cut. CICC also judged that in the past period, the central bank has established new monetary instruments such as treasury bonds trading tools, securities fund insurance company exchange facilities, and affordable housing refinancing, and its ability to play a role in the stock, bond, real estate and other markets has been strengthened, and other new instruments may be further established in the future. (SSE)