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U.S. stocks fluctuate丨EHang rises over 1% before the market opens, Shenzhen builds a Global leading low-altitude economic industry ecosystem.
On December 11, Gelonghui reported that EHang (EH.US) rose 1.42% to $15.71 in pre-market trading. In terms of news, the low-altitude new Infrastructure key project in Nanshan District, Shenzhen, Guangdong, was officially launched recently. The project will deploy new low-altitude infrastructure to create a globally leading low-altitude economic industrial ecosystem. Industry insiders stated that the development prospects of the low-altitude economy are broad, and the construction of low-altitude infrastructure will accelerate. Currently, China's low-altitude intelligent network and low-altitude airspace management urgently need improvement, relevant infrastructure and technology still need breakthroughs, and business models still need exploration. (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%.
Kwoon Chung Smart Mobility, Hong Kong Cyberport, and EHang Sign MOU
Crown Intelligent Mobility partners with EHang and Cyberport to develop and apply eVTOL.
Kwoon Chung Bus (00306.HK) announced that its subsidiary Kwoon Chung Intelligent Mobility, ehang, and Hong Kong Cyberport have established a strategic partnership to promote the research and application of self-driving electric vertical take-off and landing aircraft (eVTOL) in Hong Kong, facilitating the development of emerging technologies and industries such as smart mobility and smart logistics, and enhancing the establishment of industry safety standards.
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%.