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.
Hong Kong's electric vehicle stocks quietly staged a comeback! Nio Inc and Xiaopeng surged 30% this month, with bullish news frequently occurring. Will the sales performance in September and October exceed expectations?
With recent unexpected 50 basis points rate cut by the Federal Reserve and multiple bullish factors such as China's policy measures, the Hong Kong stock market has seen a long-awaited sharp rise. Among them, driven by the frequent transmission of positive factors in the autos industry, the electric vehicles sector has ushered in a strong upward trend, with an overall increase of over 11% since September, the rising momentum is impressive!
Meta unveils AR glasses Orion, this category is expected to become the next 1 billion-level consumer electronics product.
①At the annual developer conference held in Menlo Park, California on September 25th, Meta's CEO Mark Zuckerberg showcased a prototype product called Orion AR glasses. ②Western Securities stated that AR glasses are expected to become the optimal solution for edge AI landing. With the active layout of the industry chain and the gradual maturity of the technological path, combined with edge AI empowerment, accelerated shipments of AR glasses are expected.
Capacity going global again with yunnan energy new material planning to invest 2 billion yuan in building a separator project in Malaysia | Quick read announcement
1. Yunnan Energy New Material plans to invest 2 billion yuan to build a membrane isolation project in Malaysia, with a planned annual production capacity of approximately 1 billion square meters; 2. Since the beginning of this year, the company has continuously increased its overseas production capacity construction plans, and in June announced its plan to invest 0.447 billion euros in the second phase of Hungary.
The European Union car market is clouded: new car sales in August hit a three-year low, with EV sales down 43% year-on-year.
1. The new car sales volume in the European Union in August fell by a staggering 18.3% year-on-year, dropping to the lowest level in three years; 2. The European Automobile Manufacturers' Association stated that the sales of full electric vehicles in the European Union in August decreased by 43.9% year-on-year, marking the fourth consecutive month of decline.
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.