Daily Bull and Bear | Hang Seng Index night session closed at 19204 points, with a net inflow of 54 million Hong Kong dollars in good warehouses; Baidu fell more than 8%, hitting a new low for the year, with a warrant for over 230% increase.
As of last Friday's market close, the total market turnover was 157.9 billion HKD; the total turnover of all warrant bull and bear certificates was 14.9 billion HKD, accounting for 9.5% of the total market turnover, among which good positions accounted for 6.4% and bearish positions accounted for 3.1%.
The Hang Seng Index quarterly review is finalized! The csi consumer 360 index share has increased. Who is likely to be included in the Hong Kong Stock Connect in the future?
New Oriental and Kuaishou are included in the Hang Seng Index, new world dev is excluded; PICC P&C is included in the Hang Seng SOE, Longfor Group is excluded; Midea is included in the Hang Seng technology, Weibo is excluded.
Futu Morning News | Official announcement! Trump nominates Benset to serve as usa Secretary of the Treasury; Goldman Sachs is bullish on US stocks: the s&p 500 will rise to 7000 points.
Goldman Sachs 2025 csi commodity equity index outlook: Long gold is the "Top Trade", oil & gas prices may see a "temporary uptrend"; USA PMI in November hit the fastest level since April 2022, factories increase purchases of imported inputs; USA election settled, consumer confidence lower than expected, long-term inflation expectations breaking through the range top.
One week outlook | Fed meeting minutes with October PCE coming! Dell, Meituan performance successively revealed.
On November 28, the US stock market was closed for Thanksgiving, and on November 29, it closed three hours early; China's official manufacturing PMI for November will be announced on Saturday.
US stocks closed | All three major indices rose for the entire week! The Dow Jones hit a new closing high, Tesla rose nearly 4%; cryptos concept stocks all rose, MSTR increased by over 6%.
Funds flowed out of technology stocks and into economically sensitive cyclical stocks. The Nasdaq fluctuated between gains and losses, dragged down by over 3% drop in Nvidia and 1.7% drop in Google Class A. The Dow Jones rose by about 1%, small caps rose by 1.8%, and Chinese concept stocks fell by 1.4%. The S&P 500 and Nasdaq accumulated gains of 1.7% for the week, the Dow rose by about 2%, Tesla rose nearly 10% for the week, and Super Micro Computer soared by over 78%, its best week ever. MicroStrategy, known as a 'Bitcoin whale', rebounded by 6% on Friday. Economic weakness pushed the Euro to a two-year low, while the US Dollar rose for the third consecutive week to a two-year high. Offshore Renminbi fell by over 200 points for the week to nearly a four-month low. US oil had its best two-month gain with a 6.5% increase for the week, gold rose by over 1% to surpass $2700, marking its best week in over a year with a 5.7% increase.
JP Morgan Downgrades PDD Holdings to Neutral, Lowers Price Target to $105
Gap To Rally Around 45%? Here Are 10 Top Analyst Forecasts For Friday
Analyst Expectations For PDD Holdings's Future
Key stock indices in Hong Kong, major adjustments! 570 billion funds, embracing "change"!
Hang Seng Index latest adjustment! Today, Hang Seng Indexes Company Limited announced that Kuaishou Technology, new oriental education technology group will be included in the Hang Seng Index, while New World Development Company will be removed. The number of constituent stocks in the Hang Seng Index will increase from 82 to 83; China people's property insurance co., ltd. will be included in the Hang Seng H-Share Index ETF, while Longfor group holdings limited will be removed. The number of constituent stocks in the Hang Seng H-Share Index ETF will remain at 50; Midea Group Co., Ltd will be included in the Hang Seng Tech Index, while Weibo Co., Ltd. will be removed. The number of constituent stocks in the Hang Seng Tech Index will remain at 40. Hang Seng Indexes Company Limited stated that all changes will take effect in 2024.
3 listed insurance companies flex their muscles! New China Life, China Life, Ping An jointly distributed a mid-term dividend of 17.252 billion yuan, with the highest dividend yield reaching 15.2%.
① Ping An Insurance distributed cash dividends of 9.914 billion yuan, accounting for 13.29% of the mid-term net income attributable to the mother; ② New China Life Insurance distributed cash dividends of 1.685 billion yuan, accounting for 15.2% of the mid-term net income attributable to the mother; ③ New China Life Insurance distributed cash dividends of 5.653 billion yuan, accounting for 14.77% of the mid-term net income attributable to the mother.
Express News | Alibaba: On November 21, approximately $39.9927 million was spent to repurchase 3.7272 million shares.
Express News | Tencent: On November 22, repurchased 1.73 million shares, at a total cost of approximately 0.702 billion Hong Kong dollars, with a price per share of 399.8-412.2 Hong Kong dollars.
Asia-Pacific Markets Trade Mixed, Investors Assess Japan Inflation and Singapore GDP Data
Alibaba established a e-commerce business group, with Jiang Fan serving as CEO, to fully integrate the Taobao Tmall Group, International Digital Business Group, as well as 1688, Xianyu, and other e-commerce businesses.
Alibaba established the E-commerce Business Group, with Jiang Fan as CEO, will fully integrate Taobao, Tmall Group, International Digital Business Group, as well as 1688, Xianyu and other e-commerce businesses.
China's internet plus-related giants are growing the fastest! Morgan Stanley: Meituan aims for 300 Hong Kong dollars.
Morgan Stanley believes that by 2030, the scale of China's instant retail market will grow to 2 trillion yuan. Alibaba and jd.com are losing market share in this sector, while Meituan is the company most likely to seize this opportunity. Currently, Meituan's Hong Kong stock price needs to rise by 75.64% to reach Morgan Stanley's predicted 300 HKD per share.
"Northvolt, the contemporary amperex technology in europe, has filed for bankruptcy protection, having only one week of cash left."
After failing to secure rescue funding, the Swedish battery manufacturer Northvolt AB filed for bankruptcy protection in the USA, with only a week's worth of cash left in the troubled company's account.
Daily Bull and Bear | Yesterday, there was a net outflow of 18 million HKD in the short position of Hong Kong stocks; Geely saw a top reversal of 10%, recording inflows into the long position for two consecutive days.
Hang Seng Index futures closed at 19,601 points, up 12 points; Hong Kong stocks recorded a net inflow of 13 million Hong Kong dollars in the good warehouse, and a net outflow of 18 million Hong Kong dollars in the light warehouse; the top five stocks with net inflow in the good warehouse are Hang Seng Index, Alibaba, Kuaishou, Meituan, Geely.
Futu Morning Post | SEC Chairman is planning to step down in January next year! The cryptocurrency industry may face significant regulatory changes; Google's antitrust case escalates! Android system also faces the threat of being split.
Microstrategy's stock price plummeted over 16%, and Citron claims that shorting the stock hedges against bitcoin; apple plans to launch a revamped Siri in 2026, adding more self-developed ai; alibaba announced the establishment of an e-commerce business group.
US stocks closed | The three major indexes rose together, with the Dow rising by more than 1%, nvidia shaking after the performance and closing up; bitcoin broke through 0.099 million US dollars to hit a new high again, microstrategy fell by more than 16%
Trump trade rises, with cycles related to the economy and small-cap stocks leading the way. The Dow rose 1%, the Nasdaq turned higher in the late session, Google Class A fell the most by 7%, nvidia initially rose nearly 5% to hit a new high before falling 3.6%, ultimately closing higher, Snowflake surged over 32% for its best performance since going public.
pdd holdings conference call: a slowdown in growth is inevitable, and the disadvantages compared to peers will significantly exist for a period of time.
Pdd Holdings Co-CEO Zhao Jiazhen stated that due to limitations in the operation mode of the platform and the historical experience and insufficient capabilities of the team, it is expected that the company's relative disadvantages compared to peers will be significantly present for a period of time, causing the financial impact to further expand. The high-quality development of the ecosystem and the supply side is an important foundation for creating long-term value for consumers. This is a long and patience-requiring process. We are ready for a protracted war, and the changes in the external competitive environment will not affect our pace.