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Express News | Ye Guofu: Low quality and Low Stock Price will lead China's economy into the abyss.
Express News | Ye Guofu praised Pang Donglai: Everyone can watch more of Donglai Ge's videos.
MINISO (09896.HK) Q3 2024 report review: meets expectations, looking forward to Q4 acceleration.
Item: In Q3 2024, the company's revenue increased by 19.3% year-on-year to 4.52 billion yuan, and the adjusted Net income (Non-IFRS) was 0.69 billion yuan, a year-on-year increase of 6.9%, both meeting expectations. The adjusted Net income margin is 15.
The China Consumer Association urges mainland Chinese youth to consume wisely and be cautious of consumer traps.
The China Consumer Association today (13th) issued consumer advice, stating that in recent years, the "Commodity Circle" market has developed vigorously, while also presenting problems such as inducing minors to engage in impulsive consumer behavior, lack of regulation in private domain Trade, difficulties for victims in protecting their rights, and criminals taking advantage of the situation to commit fraud. It reminds minors to consume commodities rationally and to be wary of consumer traps. The so-called "Commodity" is a transliteration from the English word "Goods," referring to peripheral products related to copyrighted works such as comics, animations, games, and idols. The behavior of purchasing these products is referred to as "consuming commodities," and those who purchase "commodities" gather together to communicate and Share, forming the "Commodity Circle." According to reports, the "Commodity Circle" has developed...
In the "Great Agency," CICC: Consumer encouragement policies are expected to continue to increase. It is recommended to pay attention to ANTA (02020.HK), HAIER SMARTHOME (06690.HK), YUM CHINA (09987.HK), HAIDILAO (06862.HK), MINISO (09896.HK), Old Shop Go
CICC released a report indicating that the central economic work conference will prioritize boosting Consumer spending, and it is expected that policies to encourage Consumer spending will continue to increase, thereby driving a faster recovery in consumption. It is recommended to pay attention to leading stocks in various Consumer sectors, including Kweichow Moutai (600519.SH), Anta (02020.HK), HAIER SMARTHOME (06690.HK), H World Group-S (01179.HK), YUM CHINA (09987.HK), HAIDILAO (06862.HK), MINISO (09896.HK), Yonghui Superstores (601933.SH), and Laoshan Gold (06181.
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
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