Ministry of Commerce: From January to November, the national online retail sales reached 14 trillion yuan, a year-on-year increase of 7.4%.
The head of the Department of E-Commerce of the Ministry of Commerce introduced the development situation of E-Commerce in China from January to November 2024.
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
U.S. stock market closing | All three major indexes fell, with the Dow experiencing nine consecutive declines; Tesla rose over 3% to reach new highs, and Quantum Computing concept stocks surged again, with QUBT skyrocketing over 51%.
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | The Central Economic Work Conference states that a moderately loose MMF policy should be implemented, with timely reductions in reserve requirements and interest rates, to maintain ample liquidity.
Express News | Central Economic Work Conference: There will be a more proactive fiscal policy, increasing the fiscal deficit ratio.
Express News | Central Economic Work Conference: Implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation development, and stabilize the property and stock markets.
Major Bank Rating丨Goldman Sachs: Initiates a "Neutral" rating on Autohome with a target price of 55 Hong Kong dollars.
Gelonghui December 12 | Goldman Sachs published a report, initiating coverage on Autohome, giving its H shares a "Neutral" rating, with a Target Price of 55 Hong Kong dollars. It pointed out that the company is one of the few that has a good track record in executing shareholder return policies and focuses on regular Cash dividends. Goldman Sachs indicated that the company's relatively aggressive shareholder return policy over the past few years has stabilized its stock price. Goldman Sachs mentioned that with a strong balance sheet (i.e., 3.2 billion USD in net Cash, equivalent to 90% of Market Cap), the stock offers a 6% regular dividend yield, and according to the latest dividend policy, it will pay out no less than 1.5 billion yuan annually from 2024 to 2026; as well as a potential Share Buyback of up to 3%.
Volkswagen First Cover Car House (02518.HK) rated “neutral” target price of $55
COXING REPORTED THAT FIRST COVER AUTOMOTIVE (02518.HK) -S GAVE ITS H SHARES A “NEUTRAL” RATING WITH A TARGET PRICE OF $55, INDICATING THAT THE COMPANY IS ONE OF THE FEW COMPANIES THAT HAS A GOOD EXECUTION OF SHAREHOLDER RETURN POLICIES AND FOCUSES ON RECURRING CASH DIVIDENDS, BUT THE GROWTH OUTLOOK IS MILD. Goldman noted that while the stock's earnings and earnings-per-share forecasts were revised downward, the stock price stabilized as it believes the company's more positive shareholder return policy over the past few years. With a strong balance sheet (i.e. $3.2 billion in net cash, equivalent to 90% of market capitalization), the stock offers a 6% recurring dividend, according to the latest dividend policy, 2024 to
Goldman Sachs Initiates Autohome(ATHM.US) With Hold Rating
Goldman Sachs Keeps Their Hold Rating on AutoHome (ATHM)
Ping An Property & Casualty Insurance has partnered with autohome to launch the industry's first intelligent driving protection service insurance.
Hong Kong, December 10, 2024 /PR Newswire/ -- Recently, Ping An Insurance Company of China, Limited (hereinafter referred to as "Ping An Property Insurance") signed a strategic cooperation agreement with Chongqing Sokon Industry Group Stock at the Chongqing Sokon super factory. Long Quan, the Secretary of the Party Committee, Chairman and CEO of Ping An Property Insurance, and He Liyang, President of Chongqing Sokon, as well as other leaders from both sides attended and witnessed the signing. Xu Ting, Party Committee Member and Assistant General Manager of Ping An Property Insurance, and Wang Youdong, Deputy Secretary of the Party Committee and Senior Vice President of Autohome, were invited to attend the signing ceremony. Both parties will focus on smart driving insurance products, digital insurance services, and sharing ecological resources.
Hua Chuang Securities interprets the December Politburo meeting: five unexpected points.
① The first expectation exceeded - the economic development goals for the entire year of 2024 will be achieved. ② The second expectation exceeded - stabilizing the stock market and real estate market. ③ The third expectation exceeded - the monetary policy is set to undergo a significant change over the next decade. ④ The fourth expectation exceeded - strengthening "extraordinary" counter-cyclical adjustments. ⑤ The fifth expectation exceeded - expanding domestic demand ranking is advanced, and the保障民生保障 is intensified.
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
Bullish surprise! A50 and Hong Kong stocks surged, china assets etf collectively skyrocketed, and the 3x long FTSE china etf jumped nearly 18% in pre-market trading.
Just now, the Hong Kong stock market surged sharply, with the hang seng tech index rising over 4% and the hang seng index increasing by 2%. The ftse china a50 index futures also surged, at one point rising over 4%.
The Political Bureau of the Central Committee of the Communist Party of China: Implement more proactive macro policies, expand domestic demand, promote the integration of technology innovation and industrial innovation, and stabilize the real estate and s
The Political Bureau of the CPC Central Committee held a meeting on December 9 to analyze and study the economic work in 2025; listened to the work report of the Central Commission for Discipline Inspection and State Supervision Commission, and discussed the arrangements for the party's work style and anti-corruption work in 2025. General Secretary of the CPC Central Committee **** presided over the meeting.
Express News | Look up to respond U9 New York North fake results.
Calculating The Intrinsic Value Of Autohome Inc. (NYSE:ATHM)
Autohome Inc. Shareholders Report Significant Ownership
Autohome (NYSE:ATHM) Is Paying Out A Dividend Of CN¥1.13