Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | The Central Economic Work Conference states that a moderately loose MMF policy should be implemented, with timely reductions in reserve requirements and interest rates, to maintain ample liquidity.
Express News | Central Economic Work Conference: There will be a more proactive fiscal policy, increasing the fiscal deficit ratio.
Express News | Central Economic Work Conference: Implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation development, and stabilize the property and stock markets.
U.S. stock movements | dada nexus fell more than 3% in pre-market trading, Mizuho lowered the target price to $3.50.
Gelonghui December 10 | Dada Nexus (DADA.US) fell 3.77% before the market opened, trading at $1.53. Mizuho Securities Analyst Wei Fang maintains a Buy rating on Dada Nexus and has lowered the Target Price from $4 to $3.5. (Gelonghui)
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.
US Cyber Weekend E-commerce Sales See 9% Growth- Report
According to reports, the chairman of Dada (DADA.US) has taken over the management of the jd.com express delivery business.
According to internal media reports, Guo Qing, chairman of jd.com (09618.HK) (JD.US) subsidiary dada nexus (DADA.US), has recently officially taken over the management of jd.com's instant delivery business. The former head of this business, Li Changming, general manager of jd.com Daojia, has been reassigned to the newly established dada nexus business department, responsible for strategic customer development. In addition, Yang Wenjie, who reportedly served as the general manager of Meituan (03690.HK)'s food delivery business development department, has also joined dada nexus and serves as the head of the dada instant delivery business. Official information indicates that dada nexus fully integrated into the jd.com ecosystem in May this year, launching a new brand image called "jd.com Instant Delivery".
Turkey Prices Have Dropped, But Americans Are Cutting Back on Thanksgiving Feasts
Inflation Expected to Move Away From Target If Tariffs Happen -- Market Talk
Decision analysis: "Tariff Knight" is back! The US dollar is rising, and this mmf is suffering the most. The Federal Reserve's minutes are coming.
On Tuesday (November 26), President-elect Donald Trump of the usa announced that a 25% tariff will be imposed on all imported commodities from Canada and Mexico, with an additional 10% tariff on Chinese goods. As a result, the dollar significantly strengthened, while Asian stock markets gave back some of the gains from the previous trading day.
Investors Eye New PMI, Consumer Sentiment Data: Catalysts
Mizuho Securities Maintains Dada Nexus(DADA.US) With Buy Rating, Cuts Target Price to $3.5
Express News | Dada Nexus Ltd : Mizuho Cuts Target Price to $3.50 From $4
Dada Nexus Is Maintained at Neutral by Citigroup
Dada Nexus Analyst Ratings