Sensor Tower: In August, Chinese manufacturers accounted for 37.3% of the revenue of the top 100 mobile game publishers in the world.
Sensor Tower's Store Intelligence platform shows that in August 2024, a total of 34 Chinese manufacturers made it to the top 100 global mobile game publishers' revenue list.
The U.S. stock market hit a new high again, with Chinese concept stocks and cryptos surging! Waiting quietly for the "crucial moment".
After the overnight Dow Jones Industrial Average and S&P 500 index hit new highs in intraday trading, the Japanese stocks also opened strongly.
US stocks closed | S&P and Dow set new intraday highs, Chinese concept stocks performed well, li auto inc rose more than 12%.
In the late trading session, the US stock market saw a significant decline, but the S&P 500 index rose for the seventh consecutive day, and the Nasdaq and semiconductor index erased gains of more than 1%, with Intel rising 8% and closing up 2.7%, while Nvidia declined 1%. The Chinese concept index rose nearly 2%, and Li Auto Inc. rose more than 12%.
How to view the "historically pessimistic" oil price, goldman sachs: short but long!
Goldman Sachs expects that Brent crude oil will recover to $77 per barrel in the fourth quarter of this year, as the market's overly pessimistic sentiment towards oil demand improves and the OECD inventory remains slightly below normal levels, providing some support for oil prices. However, over time, the market's pessimistic expectations for supply and demand balance are gradually increasing, putting further pressure on oil prices next year.
Express News | Meituan: Repurchased 1.2636 million shares on September 17, with a total expenditure of approximately HKD 0.16 billion.
Express News | Alibaba: repurchased 5.7328 million shares on September 16, spending approximately $59.981 million.
Express News | Tencent: Repurchased 2.64 million shares on September 17, costing approximately 1 billion Hong Kong dollars.
Cui Dongshu, Secretary General of the China Passenger Car Association: The 'Autos to the Countryside' policy needs to be strengthened rather than suppressed.
In 2024, China's auto market retail achieved the expected strong start, followed by a sharp divergence between electric vehicles and gasoline vehicles. From January to August 2024, the retail sales of electric vehicles reached 6.01 million units, showing a relatively strong trend with a 35% increase, close to the 36% growth rate in 2023.
Oil prices rebounded before the Federal Reserve interest rate decision, and it is feared that the bulls will have a difficult time causing a major storm.
Nearly 20% of crude oil production in the Gulf of Mexico in the United States has been halted, and with the imminent interest rate cut by the Federal Reserve, it has provided support for oil prices, but the market may still remain cautious.
Express News | Meituan: repurchased 3.3521 million shares on September 16, with a total expenditure of approximately 0.42 billion Hong Kong dollars.
Express News | Alibaba: Repurchased 5.676 million shares on September 13, approximately $59.9816 million.
Express News | tencent: Repurchased 2.67 million shares on September 16, costing approximately 1 billion Hong Kong dollars.
Futu Express | Will the Fed's 'first cut' be fifty-fifty on the scale? This week will reveal the answer; the rate cut expectations trigger a 'golden tsunami'! Gold continues to refresh its highs.
Consumer confidence in the United States has risen to a new high since May, but remains cautious. For the first time in history, hedge funds have a net short position on Brent crude oil. Will the AI boom turn around? S&P Global predicts that NVIDIA's stock price could rise for at least another year.
Digital health is undergoing a major transformation! Ant Group Co., Ltd. acquires Haodafu Online.
Regarding the "marriage" of the two, industry insiders say that with its massive traffic pool and stable platform foundation, ant group co., ltd. complements the advantage of the tens of thousands of experienced and active doctor resources owned by Haodafu Online.
After "getting the US bond right", BofA's Hartnett: gold hedge against "secondary inflation", the best "contrary trade" is oil and metals.
Hartnett believes that whether it is Harris or Trump who finally becomes the President of the United States, it will not change the trajectory of the expanding government debt and ballooning deficit in the United States. Therefore, the market will turn to gold in a flight-to-safety sentiment, and it is expected that the price of gold will rise to $3,000 per ounce.
Choi Chung-shin, heavily increases his shareholding in Alibaba!
Over the past four months, Tsai Chongxin increased his shareholding in alibaba by approximately 1.45 million shares.
Express News | The United States has decided to impose additional tariffs on Chinese products, with a 100% increase in tariffs for electric cars.
If Trump is elected, it would be bullish for the energy industry and boost oil prices? History shows: quite the opposite.
Although Donald Trump, the Republican presidential candidate, has repeatedly praised oil exploration and caused energy stocks to rebound, which is considered a typical "Trump trade", some Wall Street professionals believe the opposite.
Express News | Meituan spent approximately 0.5 billion Hong Kong dollars to repurchase 4.0256 million shares.
Express News | Alibaba bought back 3.748 million shares on September 12, at a cost of approximately 39.988 million US dollars.