Foreign capital unanimously bullish! Morgan Stanley, Goldman Sachs support the Chinese stock market, hedge fund tycoons shout out: buy all Chinese assets.
①Morgan Stanley believes that, from a technical perspective, the China CSI 300 Index may still have about 10% upside potential in the short term; ②Goldman Sachs said that once the US election is over, the Chinese stock market should be an important part of investors' investment plans; ③Hedge fund legend David Tepper said he didn't expect such a strong policy stance from China, and he will buy all Chinese assets.
Putting half of his wealth into Chinese concept stocks, 'The Big Short prototype' Michael Burry made a profit this time.
As of June 30th, stocks of Alibaba, baidu, and jd.com together account for about 46% of Burry's entire investment portfolio. Billionaire investor David Tepper previously stated that now is the time to 'buy everything', as Chinese stocks still have a lot of upside potential.
Baidu Options Spot-On: On September 27th, 133.54K Contracts Were Traded, With 410.91K Open Interest
On September 27th ET, $Baidu(BIDU.US)$ had active options trading, with a total trading volume of 133.54K options for the day, of which put options accounted for 19.37% of the total transactions,
Shares of US-listed Chinese Companies Are Trading Higher Possibly Amid Continued Strength Following a Report Suggesting China Will Issue up to $284 Billion of Sovereign Debt as Part of a Stimulus.
U.S. stock market early session | The three major indexes rose together, with the Dow hitting a new high again; Chinese concept stocks continued their strong momentum, with Nio Inc. soaring over 8%, pdd holdings up nearly 6%
On the evening of the 27th Beijing time, the U.S. stock market opened slightly higher on Friday. The PCE inflation data most favored by the Federal Reserve rose by 2.2% year-on-year, lower than expected, indicating easing inflation pressure and a cooling economy. The market expects these data to continue to lead the Fed to cut interest rates in the coming months.
Express News | Li Auto up 1.3%, JD.com up 3.2%, NIO up 4.5%, Xpeng up 4.2%
Express News | Kraneshares CSI China Internet ETF up 2.2%
Express News | PDD Holdings up 3.3%, NetEase up 2.6%, Baidu up 1%
Express News | Alibaba up 0.7%, Bilibili up 0.9%, Tencent Music Entertainment up 4.4%
Express News | U.S.-Listed Shares of Chinese Firms Rise on New China Stimulus
Express News | The three major U.S. stock indexes opened higher collectively, with the Dow rising 0.25%, the Nasdaq rising 0.21%, and the s&p 500 index rising 0.19%. China concept stocks continue to strengthen, with xpeng up more than 5%, nio inc and jd.com up nearly 4%
US stock market outlook | As expected! USA's core PCE in August rose by 2.7% year-on-year, short-term pull-up of the three major index futures; Making a fortune! Well-known major short sellers bet on Chinese concept stocks to usher in a glorious moment
Before the market opened on Friday, the three major equity index futures fell slightly, with the market waiting for PCE data; tesla's 0-interest car purchase event was postponed again; jd.com continued to rise by over 2% before the market, Alibaba and jd.com will open up to each other.
Express News | The U.S. Securities and Exchange Commission (SEC) filings show that Baidu (BIDU.O) reduced its stake in Trip.com (TCOM.O) from 9.41% on September 11, 2023, to 7.11% on September 25, 2024.
China's ByteDance to Ink $10.8B Loan After Seeing Oversubscription - Report
This week in the US stock market | China's assets experience a "big carnival", goldman sachs and other major banks are all bullish! Ke Holdings surged nearly 40% during the week, with jd.com and pdd holdings rising by about 30%.
This week, the Dow Jones Industrial Average rose by 0.27% to 42175.11 points; during the same period, the S&P 500 index rose by 0.75% to 5745.37 points; the Nasdaq index rose by 1.35% to 18190.29 points during the same period.
Mainland China approved 109 domestic online gaming licenses in September, Tencent's (00700.HK) game "Hunting" made the list.
The National Press and Publication Administration released the approval information of domestic gaming in September, with a total of 109 games approved. Tencent's (00700.HK) game "Hunt" made the list. Baidu's (09888.HK) Dokoo's "Pool Party" also received approval for publication.
Express News | baidu World 2024 will be held on November 12th. The daily average call volume of Wenxin's large model has exceeded 0.7 billion times.
The movie 'The Big Short' is based on betting half of the stocks in China! It is expected to profit 34% per trade.
Until the second quarter of this year, this legendary investor is still buying alibaba stocks, increasing their stake by 24%.
Dahua continues to show that it has raised the target price of baidu to 90 Hong Kong dollars and maintained a 'hold' rating.
Dahua Jixian released a report stating that the 2024 Baidu Cloud Zhidahui Conference will be held in Beijing on September 25th to 26th. Baidu upgraded its Qifan Large Model Platform 3.0 and AI Computing Platform 4.0, two key AI infrastructure, focusing on computing power, Large Language Models (LLM), and AI applications. At the same time, the company also strengthened three native AI applications. The brokerage roughly maintains its forecast for Baidu, raising the target price from HK$85 to HK$90, and maintaining a "hold" rating.
Wireless Media (301551.SZ): has established an AI Joint Innovation Center with baidu, collaborating on the research and development of Lingxi smart speakers, smart large screens, and other artificial intelligence projects.
Gelonghui September 27th Wireless Media (301551.SZ) stated on the investor interaction platform that the company has established an AI joint innovation center with baidu, jointly creating an ai industry base, smart media, and cooperating on the development of Lingxi Smart Speaker, smart mid-screen, and other ai projects.