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Apple has released a WeChat version update, but the 'Apple tax' for small games is still not settled.
① WeChat iOS system was updated this afternoon. ② The negotiation between WeChat and Apple about the "Apple tax" has not yet reached an agreement.
Futu Morning News | Fed officials' dovish tone: Economic data support multiple rate cuts; Tesla's two-day cumulative increase of 9%! FSD is expected to be launched in China and Europe next year.
On the eve of the release of the key employment report in the USA, the ADP non-farm payrolls reached the lowest level since January 2021, while initial claims remain stable. Yellen: The labor market in the USA is still robust and continues to create employment opportunities. The Federal Reserve should not delay any longer! Economists at Morgan Stanley have changed their stance: there must be a major move in September.
Goldman Sachs is optimistic about Tencent: one of the most promising Chinese internet giants, and has confidence in its management.
Goldman Sachs stated that Tencent remains one of the most visible and sustainable profitable companies among the Chinese internet giants, and they have confidence in Tencent's clear strategies in various business lines, maintaining a buy rating.
Hong Kong stock opportunity tracking | Hong Kong Exchange may suspend trading all day today; "Carrier-level" broker is coming! GTJA and Haitong Sec will merge and reorganize.
Nio Inc: In the second quarter, revenue increased by 98.9% year-on-year, and the loss narrowed significantly by 16.7% year-on-year; Greentown China's sales in the first 8 months exceeded 160 billion yuan; SHK PPT's profit dropped by approximately 20% in the last fiscal year.
US stocks closed with mixed performance for the three major indexes. Tesla rose more than 9% over the past two days, while NIO soared 14% after its performance announcement.
Before the non-farm data, there is new evidence of the cooling of the US job market, and economic concerns support a substantial rate cut bet. The yield curve of the 2-year/10-year US Treasury bonds, which briefly inverted for the third time in two years. The S&P 500 fell for the third consecutive day, with Broadcom falling more than 4% after hours, Tesla rising nearly 5%, and Nvidia and Chinese concept stocks rising nearly 1%. The yen reached a one-month high, and the offshore renminbi rose by 300 points to break 7.09 yuan. Gold rose briefly by 1%, and oil prices rose more than 2% before falling. US oil fell below $70 for the first time in 15 months over two days.
Futu Morning News | The "arrow" of interest rate cuts is on the string! The hawkish voting committee suddenly released a dovish signal, and the market increased its bet on a 50 basis point interest rate cut; Tesla rose more than 4% against the market and
Fed Beige Book: More regional economic activity is stagnating, price pressures are stabilizing; Alleged to be facing antitrust investigation, Nvidia says it has not received a subpoena from the U.S. Department of Justice; C3.ai falls over 16% after hours, Q1 subscription revenue for fiscal year 2025 falls short of expectations.