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Express News | Alibaba: On December 24 and 26, approximately 19.9727 million USD was spent to repurchase 1.86 million shares.
A maximum decrease of over 11%! BYD and Tesla are "joining forces" to lower prices at the end of the year, making a final push for the "Year of the Dragon."
① BYD and Tesla, the two leading companies in the New energy Fund, will successively launch limited-time promotional activities at the end of 2024 for a final push; ② At the beginning of next year, discounts on new vehicles may increase, reigniting a "price war" in the auto market.
Hong Kong Stock Market Midday Review | All three major Indexes rose after the holiday, with the Tech Index up over 1%; Xiaomi-Backed, Semiconductors, and Communication Equipment stocks increased, Kingsoft Cloud soared over 33%, ZTE rose over 12%, and Semi
The Network Technology stocks are mixed; XIAOMI-W has risen over 5%, KUAISHOU-W has fallen by 1.39%, Baidu has dropped by 1.11%, JD-SW has decreased by 3.69%, MEITUAN-W has increased by 0.26%, and TENCENT has fallen by 0.24%.
Electric vehicle sales surpass those of gasoline vehicles! Overseas Institutions marvel: China is far ahead of the West.
① It is expected that by next year, the annual sales of electric Autos in China will exceed those of RBOB Gasoline vehicles for the first time. ② This is seen by some overseas Institutions as an imminent historic milestone: it indicates that China, the largest Autos market in the Global arena, has been far ahead of its Western competitors for several years in the electrification transformation.
Daily Bull & Bear | The Hang Seng Index returns to 20,000 points! The latest bull-bear street ratio is 59:41; WEIMOB INC rose over 115% on the 4th, with warrants seeing a doubling increase at the highest point.
As of the close of trading, the total market turnover was 84.59 billion Hong Kong dollars, with all warrants and callable bull/bear contracts totaling 6.261 billion Hong Kong dollars, accounting for 7.4% of the market turnover, of which the ratio of long positions was 4.1% and the ratio of short positions was 3.3%.
Futu Morning Report | Apple hits a new high for four consecutive days! Wedbush raises the Target Price to $325; US Small Cap stocks are booming, with Drone and Quantum Computing concept stocks leading the surge.
The number of initial jobless claims in the USA fell to the lowest level in a month last week, but the duration of unemployment has increased; NVIDIA has launched the GB200 NLV4, and the GB300 is expected to be released in March next year; additional upward momentum? MicroStrategy plans to sell more shares to raise funds for purchasing Bitcoin.