U.S. stocks closed | S&P 500 and Nasdaq both rose for the fifth consecutive week, with nvidia up nearly 16% for the week and broadcom up 22% for the week.
The rebound in US consumer confidence, the near four-year low in one-year inflation expectations, the support of the former "Fed's three hands" for a 50 basis point rate cut, and the significant increase in betting on substantial rate cuts by the "Fed's communication agency" and others, have returned to the "fifty-fifty" level. Small cap stocks rose by more than 2% on Friday, chip index rose by 10% over the week, NVIDIA rose by nearly 16% over the week, and Broadcom rose by 22% over the week. The two-year US Treasury yield returned to a two-year low, the yen rose above 141, the highest in nearly nine months, offshore renminbi rose above 7.10 yuan, and bitcoin rose to $0.06 million. Oil prices stopped the multi-week decline, and gold rose by over 3% for the best month in a month.
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Express News | Meituan spent approximately 0.5 billion Hong Kong dollars to repurchase 4.0256 million shares.
Express News | Alibaba bought back 3.748 million shares on September 12, at a cost of approximately 39.988 million US dollars.
Express News | Tencent repurchased 2.67 million shares on September 13, spending approximately 1 billion Hong Kong dollars.
Southeast Asian stock markets are strong! Global capital continues to pour in, how to seize this wave of market trends?
After experiencing the 'Black Monday' on August 5th, major stock indices in the Asia-Pacific region rebounded significantly, with Southeast Asian stock markets performing particularly well. Southeast Asian stock markets have consolidated their position as the most favored investment symbol for fund managers during the shifting policy of the Federal Reserve.
Hong Kong stock opportunity tracking | Taobao officially integrates WeChat Pay; China Longyuan Renewable Energy's power generation from wind power is expected to increase by more than 90% this year.
China Resources Land's sales exceeded 150 billion yuan in the first 8 months; China Eastern Airlines' H shares received cumulative shareholding of over 0.1 billion shares from the controlling shareholder; OpenAI has released an AI model with reasoning capabilities.
US stocks closing | NASDAQ, S&P joined hands for four consecutive positives, US stocks' seven giants all rose, with Meta up nearly 3% and Nvidia up nearly 2%.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
US stocks closed: Technology breaks through to lift the index, Nasdaq and S&P jointly achieve four consecutive gains.
① After four consecutive days of gains, the S&P 500 index is still 1.3% away from its historical high. ② Warren Buffett's deputy sold more than half of Berkshire Hathaway's positions, causing the stock price to fall for the seventh consecutive day. ③ AirPods Pro transforms into an OTC hearing aid, with FDA approval for Apple's hearing assistance software. ④ Gilead's HIV prevention drug delivers positive results once again.
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Surpassing ebay, pdd holdings is on fire in the usa, receiving support from goldman sachs!
Anxin International pointed out that looking at Temu's overseas e-commerce business, Temu's business has continued to expand this year, and it has already entered more than 70 countries and regions around the world. In recent years, with the saturation of the domestic e-commerce market and the trend of downgrading overseas consumption, domestic e-commerce platforms have started the trend of going global. With its low-priced commodities, perfect logistics system, and large-scale promotional activities, Temu has become a strong competitor in the North American, European, and Japanese and Korean e-commerce markets. Temu's semi-hosted model enriches its store management methods and optimizes its profit structure. In the future, with optimization of the supply chain, improvement of user stickiness, and reduction of advertising costs, Temu is expected to create a huge profit space.
US stocks outlook: August PPI slightly lower than expected, three major futures indexes slightly lower; downgraded by major banks! Micron Technology pre-market fell more than 3%
Goldman Sachs CEO: There are signs of weakness in the job market, and the Fed may still cut interest rates by 50 basis points. UBS Group CEO: The market's expectation for a rate cut by the Fed is too aggressive, bullish on a soft landing for the US economy. Nvidia soared 8% overnight and saved the US stock market! Multiple call options made 10 times the profit.
Express News | Meituan: repurchased 4.0607 million shares on September 12, with a repurchase price per share of HKD 120.5-124.8, totaling approximately HKD 0.5 billion.