As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.
Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.
Express News | Alibaba: On January 2, approximately 39.9869 million USD was spent to repurchase 3.7736 million shares.
Express News | TENCENT: On January 3, approximately 0.701 billion Hong Kong dollars was spent to repurchase 1.69 million shares, at a repurchase price of 411.2 to 418.6 Hong Kong dollars per share.
A major capital increase of 3 billion! Douyin Pay has set the stage for industry capital increases in 2025, with multiple companies making intensive capital increases following the new payment regulations.
On January 2, the registered capital of Douyin Payment Technology Co., Ltd. increased from 0.15 billion yuan to 3.15 billion yuan, making its registered capital the fourth largest in the Industry, after Tenpay, PayPal, and Du Xiaoman Payment. It is believed that if there are significant changes in the advantages of future collaborations, as well as in Other Business scopes and scales, then Douyin Payment may still need to continue increasing its capital.
Latest disclosure! Regarding the 100 billion buyback commitment, Tencent has cumulatively repurchased 112 billion Hong Kong dollars in 2024.
Tencent's latest buyback "bill" for the year 2024 has been released.
Tencent spent a lavish 112 billion on buybacks last year, contributing over 40% to the total buyback amount in Hong Kong stocks.
Tencent, which announced a hundred billion repurchase plan at the beginning of last year, achieved its annual repurchase target in 2024, setting a historical record.
In 15 days, there were two rounds of "selling assets"! Alibaba is slimming down to stop the bleeding.
It is estimated that in the business with SUNART RETAIL, Alibaba incurred losses of up to 37.262 billion HKD. In addition, the loss recorded from the low stock price sale of Intime Department Store on December 17 was approximately 9.3 billion RMB. Together, these two capital operations resulted in Alibaba incurring losses of up to 44.3 billion RMB.
Futu Morning News | The first show of the US stock market in the new year was turbulent, with Tesla falling over 6%, dragging down the Nasdaq; is the windfall for nuclear energy coming? AI Nuclear Power Concept stock Constellation rose over 8% against the
The revision of the final value of the USA manufacturing PMI for December releases Bullish Signals; Trump will hold a rally in Washington D.C. on the eve of the presidential inauguration; Tesla's Cybertruck is eligible this year for the maximum $7,500 USA tax credit.
Express News | Alibaba: In the fourth quarter, repurchased 0.119 billion shares of common stock for a total price of 1.3 billion USD.
Express News | Alibaba: On December 31, approximately 39.9889 million USD was spent to repurchase about 3.77 million shares.
Alibaba Sells $1.58 Billion Stake In Sun Art Retail, Refocusing On Core E-Commerce Strategy
On the first trading day of the New Year, Bank stocks opened high and then fell back. Many Institutions: the opening performance may be better than in previous years, but the trend of declining net interest margin remains unchanged.
① The crediting ratio between each quarter is expected to recover to a ratio of 4:3:2:1. ② It is expected that policy trends will continue, gradually boosting demand in the Real Estate sector. ③ This year, the decline in net interest margin for Banks is narrower compared to 2024, with a calculated interest margin of 1.34% under neutral assumptions.
So sudden! What happened with the well-known Hong Kong stocks in a collective turmoil?
In today's morning session, the Hong Kong stock market suddenly experienced a significant decline, with all three major Indexes dropping by more than 2%.
The wave of price cuts for large models has begun again! ByteDance takes action, with Alibaba doubling down on the consumer end.
Looking towards 2025, the domestic large model competition will continue. From the "hundred model battle" to the current "application battle", how B-end and C-end applications land becomes the top priority.
The Global "500 Rich" of 2024: total wealth has first reached 10 trillion dollars.
① The bustling stock market has driven the increase in the wealth of Global billionaires, particularly notable among Technology giants; ② Just among 8 Technology billionaires like Musk, their wealth increased by 600 billion USD this year; ③ Of course, some super-rich individuals experienced a significant decrease in their wealth in 2024.
Express News | Alibaba: On December 30, approximately $39.9838 million was spent to repurchase about 3.8052 million shares.
Bullish news is here! The central bank and the securities regulatory commission jointly announced that the second swap convenience will be operated starting today, with an expected operation amount of no less than 50 billion yuan.
It is understood that 20 securities and Fund companies participated in the first operation, and the second operation will add more securities and Fund companies as well as five leading Insurance Institutions, with an expected second operation volume of no less than 50 billion yuan.
Planning to purchase AI Chips worth 7 billion USD? ByteDance responds! This may lead to a new wave of capital expenditure.
According to reports from Technology media, ByteDance plans to spend 7 billion dollars to purchase NVIDIA chips next year, but a company spokesperson claimed the information is "false"; Omdia data shows that ByteDance has become the largest buyer of NVIDIA AI Chips in China; Brokerages predict that in 2025, ByteDance will spend 90 billion yuan on AI computing power procurement.
Daily Bulls and Bears | The Hang Seng Index futures fell below 0.02 million points, with a net Inflow of 13 million Hong Kong dollars for short positions; SMOORE INTL surged by 16%, with one warrant earning over 500%.
As of market close, the total market turnover was 128.56 billion Hong Kong dollars, with all warrants and callable bull/bear contracts totaling a turnover of 7.744 billion Hong Kong dollars, accounting for 6% of the total market turnover, with long positions accounting for 3.9% and short positions accounting for 2.1%.
Futu Morning Report | The target point for the end of next year is 6,500 points! Citi urges to seize the opportunity of S&P 500's pullback; on the eve of New Year's Day, Hong Kong stocks will be closed this afternoon.
The US stock market will close on January 9 to mourn former President Carter, a tradition that has been in place for a century; it is expected that the US East Coast will be colder than usual in January, and the price of Henry Hub Natural Gas skyrocketed by 20%; the antitrust investigation passed, and NVIDIA officially completed its acquisition of the AI startup Run:ai.