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HKG:000063 30 November 2025

Vietnam Picks Huawei and ZTE for 5G Rollout as US Tariffs Bite: $43 Million Shift Toward China Explained

Vietnam Picks Huawei and ZTE for 5G Rollout as US Tariffs Bite: $43 Million Shift Toward China Explained

Huawei and ZTE have secured over US$43 million in 5G equipment contracts with Vietnam’s top mobile operators, according to procurement data and media reports. The deals, awarded in 2025, follow new US tariffs on Vietnamese exports. Western firms Ericsson and Nokia still control Vietnam’s 5G core network. No government has blocked the contracts, but Western officials have raised security concerns privately.
30 November 2025
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Stock Market Today

  • Social Security Faces 2033 Benefits Cliff Amid Debate Over S&P 500 Gains
    April 30, 2026, 12:13 PM EDT. A 64-year-old retiree's claim that Social Security payroll taxes could have grown into a $4 million S&P 500 investment revives debates on the program's future. The Old-Age and Survivors Insurance Trust Fund (OASI) is projected to run dry by 2033, with only 77% of scheduled benefits payable thereafter. Unlike investment accounts, Social Security funds are invested conservatively in U.S. government securities to minimize risk. Experts warn shifting to stock market investments could raise fees and add volatility, risking the system's reliability. The core issue remains solvency, as the system faces increasing financial pressure amidst uncertain market conditions and global events.

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Ford Motor Company’s $1.3 Billion Tariff Refund Lifts Outlook, But the F-150 Problem Still Bites

Ford Motor Company’s $1.3 Billion Tariff Refund Lifts Outlook, But the F-150 Problem Still Bites

30 April 2026
DETROIT, April 30, 2026, 12:05 PM (EDT) Ford Motor Co raised its 2026 profit forecast after booking a $1.3 billion expected tariff refund, a paper boost that helped the automaker absorb higher aluminum costs tied to its F-150 pickup. The Dearborn, Michigan company now expects full-year adjusted EBIT, or earnings before interest and taxes, of $8.5 billion to $10.5 billion, up from $8 billion to $10 billion. (Q4 Investor Relations) The timing matters because Ford is trying to show investors that its truck, SUV and commercial-vehicle businesses can still fund a costly electric-vehicle reset. The refund gives room, but not
Morgan Stanley’s Bitcoin ETF Is Pulling Cash as BlackRock’s IBIT Stumbles

Morgan Stanley’s Bitcoin ETF Is Pulling Cash as BlackRock’s IBIT Stumbles

30 April 2026
Morgan Stanley’s new bitcoin fund took in $10.8 million on April 29 as U.S. spot bitcoin ETFs saw $137.6 million in outflows, according to Farside Investors. BlackRock’s IBIT lost $54.7 million that day and $166.9 million over three days. MSBT, launched April 8, charges a 0.14% annual fee, undercutting IBIT’s 0.25%. IBIT still leads with $65.2 billion in net inflows, far above MSBT’s $194 million.
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