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“Smart money” is betting on china! Goldman Sachs: US hedge funds are flooding into Chinese concept stocks, with jd.com and gds holdings being the most favored.
The goldman sachs report shows that usa hedge funds increased their investment in china companies listed in the usa in the third quarter.
JD.com and cosco shp sg cooperate to expand supply chain, logistics, cross-border e-commerce and other business areas.
JD.com Group-SW (09618.HK)(JD.US) has signed a strategic cooperation agreement with cosco shp sg, marking the commencement of extensive and in-depth collaboration in various fields such as supply chain, logistics, cross-border e-commerce, smart warehousing, and industry, helping to shape a more resilient global supply chain. According to the content of the agreement, both parties will leverage their respective cni resource index to jointly explore the application of advanced technologies such as big data, cloud computing, and ai in the supply chain, promoting the intelligent upgrade of the supply chain. At the same time, both parties will work together to create a global integrated service platform for the supply chain, spanning from online to offline, to assist customers in achieving cost reduction and efficiency enhancement.
Express News | jd.com Group has signed a global strategy cooperation agreement with cosco shp sg to explore supply chain collaboration.
Express News | Goldman Sachs: US hedge funds significantly increased their shareholding of Chinese concept stocks in the third quarter.
jd.com (9618.HK): The bullish policy for trade-in continues, bullish on the medium to long-term profit improvement space, upgrading to a "buy" rating.
Promotion of core digital home appliances through trade-in to drive recovery, with a 20% year-on-year increase in 'singles' day sales' shopping users: the company's 3Q24 revenue was 260.4 billion yuan, a year-on-year increase of 5.1%, basically in line with market expectations. Commodity income increased year-on-year.
The Hang Seng Index rose by 41 points, Kingsoft surged quickly, while Xpeng retraced after its results.
nvidia (NVDA.US) rose nearly 5% before the earnings announcement, leading the Nasdaq to gain 195 points or 1% on the night of the 19th, while the Dow dropped 120 points or 0.3%. Hong Kong stocks fluctuated upward. The Hang Seng Index opened 40 points lower, initially dropped 87 points to 19,575 points, then rebounded, at one point rising 89 points to 19,752 points, ultimately closing up 41 points or 0.2% at 19,705 points; the national index rose 6 points or 0.1% to close at 7,090 points; the hang seng tech index rose 18 points or 0.4% to close at 4,413 points. The total trading volume of the market for the day was 114.671 billion yuan. Alibaba-W (09988.HK)
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