After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
The "Market Review" reports that the renminbi is weakening, the Hang Seng Index is falling, and Sunac is under selling pressure.
Due to the weakness of Network Technology stocks, Hong Kong stocks fell today. The Dow Jones and Nasdaq in the USA rose by 0.8% and 1.8% respectively last Friday. At the time of writing, the yield on the 2-year Bonds in the USA rose to 4.283%, the yield on the 10-year Bonds rose to 4.626%, and the US Dollar Index fell to 108.67. Dow futures rose by 31 points or 0.07%, and Nasdaq futures were up 0.46%. In December last year, the Caixin China Services PMI rose to 52.2, exceeding expectations, but the New Export Order Index fell below the critical point for the first time since August 2023 (a two-year low). The onshore RMB closed down 203 points to 7.3296 against the USD.
Hong Kong Market Quick Review | The three major indices of Hong Kong stocks fluctuated and closed lower; the Cryptos Concept and Nonprofit Pharmaceutical Companies rose against the trend, with BOYAA rising over 12% and Heptagon Pharmaceuticals increasing
Network Technology stocks declined, with MEITUAN-W dropping 1.95% and KUAISHOU-W falling 1.23%; most Dining stocks fell, with HAILUNSI down 4.66% and SUPER HI down 4.15%; Property Services and Management stocks weakened, with GREENTOWN SER down 3.90% and SUNAC SERVICES down 2.53%.
In January, China's Retail Trade prosperity Indices rose to 51.1 month-on-month.
The China Commercial Federation announced that in January, China's Retail Trade Prosperity Indices (CRPI) was 51.1, an increase of 0.7 percentage points month-on-month. From the industry classification, affected by traditional holidays, the indices of the three major sectors of the Retail Trade in January showed significant divergence. Among them, the Commodity Operation index was 51.8, an increase of 1.8 percentage points from the previous month; the Rental Operation index was 51.3, a decrease of 0.6 percentage points from the previous month; and the E-commerce Operation index was 49.4, a decrease of 1.1 percentage points from the previous month.
Futu Morning Report | The "Spring Festival Gala of the Technology Industry" CES 2025 is coming this week! NVIDIA has become the market focus; big investment! Microsoft plans to invest 80 billion USD to build Datacenters.
CES will kick off from January 7 to 11 in the USA, Las Vegas. NVIDIA is expected to announce its latest developments in AI, including the highly anticipated GeForce RTX 50 graphics card; in the Industry sector, AI and Autos are expected to continue thriving, while Siasun Robot&Automation, displays, and smart home appliances are also focal points of attention.
The National Radio and Television Administration: Implement the "Micro-Short Drama+" action plan to empower a hundred different industries.
To promote the integration of micro short dramas with various industries, inspire the whole society to deeply participate in the innovation and creation of internet literature and arts, and support economic and social development, the National Broadcasting - TV Administration has issued a notice titled "Implementation of the 'Micro Short Drama +' Action Plan to Empower Various Industries." This year, it will deeply organize the implementation of the "Traveling with Micro Short Dramas" creation plan, continue to advance the "Learning Law through Micro Short Dramas" and "Exploring Brands in Micro Short Dramas" creation plans, and initiate the "Learning Classics with Micro Short Dramas," "Science Popularization with Micro Short Dramas," and "Exploring Intangible Cultural Heritage in Micro Short Dramas" creation plans, aiming to launch around 300 works with leading and innovative roles in specific fields.
Why Bilibili Inc. (NASDAQ:BILI) Crashed Yesterday
Morgan Stanley increased its shareholding in Bilibili (09626) by approximately 0.3201 million shares, with a price of about 144.74 Hong Kong dollars per share.
On December 30, Morgan Stanley increased its shareholding in Bilibili (09626) by 320,149 shares, priced at 144.736 Hong Kong dollars per share, with a total amount of approximately 46.3371 million Hong Kong dollars.
U.S. stocks movement丨Bilibili pre-market rose over 1%, New Year's Eve party live streaming peak popularity exceeded 0.34 billion, reaching a new high.
On January 3rd, Gelonghui reported that Bilibili (BILI.US) rose over 1.1% in pre-market trading, reaching $17.32. In terms of news, Bilibili announced data for the most beautiful New Year's Eve party in 2024, revealing that on the night of December 31, the live-streaming peak popularity exceeded 0.344 billion, setting a new historical high. During the 24 hours that followed the midnight broadcast, the total playback volume reached 0.1 billion, with nearly 0.4 million bullet comments, and the playback volume of related user-created submissions reached 0.135 billion. (Gelonghui)
Bilibili-W (09626.HK) received a Shareholding of 0.3201 million shares of Other stocks from Morgan Stanley, worth approximately 46.3371 million Hong Kong dollars.
On January 3, a report stated that according to documents disclosed by the Hong Kong Stock Exchange on January 3, Morgan Stanley increased its shareholding in Bilibili-W (09626.HK) by 320,100 shares of Other stock at an average price of 144.736 HKD per share on December 30, 2024, amounting to approximately 46.3371 million HKD. After the increase, the latest number of shares held by Morgan Stanley is 16.8116 million, with the shareholding ratio rising from 4.95% to 5.05%. Additional information: The disclosure filing is in.
According to Morgan Stanley, Alibaba (09988.HK) is selling its stake in Gao Xin (06808.HK), which is expected to enhance shareholder returns by the end of the year.
Morgan Stanley released a report stating that Alibaba-W (09988.HK) has sold all its shares in Sun Art Retail Group (06808.HK), which aligns with its plan to reduce non-core Business. It is believed that this move can enhance shareholder returns by the end of the year, and the past 12 months' buybacks and dividends may represent a dividend yield of 10%. The firm gives Alibaba (BABA.US) a "market perform" rating with a Target Price of $105. The report noted that since announcing the restructuring in 2023, Alibaba has engaged in multiple sales or reductions of its Shareholding in non-core Assets, including Bilibili (09626.
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.
Hong Kong stock market morning report on January 3: GTJA's merger application with HAITONG SEC will be discussed next week. Institutions expect that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025.
① PwC predicts that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025. ② GTJA's merger application with HAITONG SEC will be discussed next week. ③ Alibaba's buyback plan still has a remaining quota of 20.7 billion US dollars. ④ Last November, Hong Kong's retail sales volume decreased by 8.3% year-on-year.
U.S. stocks closed | The S&P and Nasdaq fell for five consecutive days! Tesla dropped over 6%; Quantum Computing concepts surged against the trend, with LAES skyrocketing nearly 41%.
The chip Index, NVIDIA, Energy, and photovoltaic stocks rose, Uranium and Nuclear Power stocks surged, the China concept Index fell by 1.5%, NIO rose over 4%, and Bilibili fell over 5%.
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.
"Review" of the top five strongest and weakest stocks in the Hang Seng Tech Index for 2024 (Table)
The top five strongest stocks in the Hang Seng Technology Index for 2024: Stocks │ This year's price change, MEITUAN-W (01810.HK) │ +121.2% Ctrip-S (09961.HK) │ +94.5% MEITUAN-W (03690.HK) │ +85.2% SMIC (00981.HK) │ +60.1% Bilibili-W (09626.HK) │ +51.7%. The bottom five weakest stocks in the Hang Seng Technology Index for 2024: NIO-SW (09866.HK) │ -52.7% Li Auto-W (02015.HK) │ -36.1% EAST BUY (01
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.
U.S. stock market close | The S&P 500 and Nasdaq have fallen more than 1% for two consecutive trading days, Growth Tech stocks generally declined, with Tesla down over 3%.
As the USA debt ceiling will be reinstated on January 2 next year, the Treasury may reach the debt ceiling between January 14 and January 23, at which point extraordinary measures will need to be taken to prevent a sovereign debt default by the USA.
Chengdu B-ray Media (600880.SH) plans to exit 6.02% of its shares in Bilibili esports.
On December 30, the company announced that to further optimize resource allocation and in accordance with the arrangements of the symbol company, all shareholders of the symbol company unanimously agreed that the relevant shareholders would withdraw through equity reduction. The company intends to exit 6.02% of its shares in Bilibili eSports, with the equity reduction payment estimated at approximately 65,978,082.19 yuan (the specific payment will depend on the joint negotiation of the shareholders and the actual fulfillment of the Trade as stipulated in the "Equity Reduction Agreement"). After the equity reduction is completed, the company will no longer Hold shares in the symbol company. According to the "Equity Reduction Agreement" that the shareholders of the symbol company intend to sign.