There's Been No Shortage Of Growth Recently For China Automotive Systems' (NASDAQ:CAAS) Returns On Capital
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.
12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
china automotive systems (CAAS.US) will repurchase up to $5 million of stocks in the next 12 months.
China Automotive Systems announced that its board of directors has approved a share buyback plan of up to $5 million in the USA, which will repurchase shares periodically in public market trades over the next 12 months, at a repurchase price not exceeding $5.50 per share.
China Automotive Systems Board Approved A Share Buyback Program Of Upto $5M Shares Over Next 12 Months
China Automotive Systems Announces Share Repurchase Program Up To $5 Million >CAAS
The impressive Q3 financial report was unable to prevent the stock price from experiencing three consecutive declines at a high level. What is happening with china automotive systems (CAAS.US)?
On November 13, china automotive systems disclosed its Q3 financial report before the market opened, showing a year-on-year revenue growth of 19.4%. At the same time, the company's management raised the full-year revenue guidance to 0.63 billion dollars. However, despite this better performance in the financial report, the secondary market reacted in completely opposite ways.
China Automotive Systems, Inc. (CAAS) Q3 2024 Earnings Call Transcript Summary
China Automotive Systems (CAAS.US) reported a 19.4% year-on-year revenue growth in Q3 and raised its full-year revenue guidance to 0.63 billion dollars.
China automotive systems announced its performance for the third quarter of 2024.
China Automotive Systems | 10-Q: Q3 2024 Earnings Report
China Automotive Systems Raises FY24 Revenue Guidance From $605M To $630M
China Automotive Systems: Q3 Earnings Snapshot
China Automotive Systems Q3 EPS $0.18 Down From $0.31 YoY, Sales $164.2M Up From $137.5M YoY
China Automotive 3Q Net $5.5M >CAAS
Earnings Scheduled For November 13, 2024
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
china automotive systems (CAAS.US) will release its financial report before the market opens on November 13th.
$China Automotive Systems (CAAS.US)$ will release its financial report before the market opens on November 13. How was the previous performance? $China Automotive Systems (CAAS.US)$ had revenue of 0.158608 billion USD, net income of 8.755 million USD, and eps of 0.24 USD in 2024/Q2. In 2023/Q3, revenue was 0.137541 billion USD, net income was 11.244 million USD, and eps was 0.31 USD. The above data is based on US GAAP accounting standards. Futubull reminder: 1. The accounting year division time for Hong Kong and US listed companies.