Daily Bulls and Bears | The battle between bulls and bears is intense! The Hang Seng Index has shrunk in volume, dipping below 19,000 points, with several callable bull/bear contracts experiencing high volatility; Societe Generale: The second largest Hong
As of the market close, the total market turnover was 122.2 billion Hong Kong dollars; all warrants and callable bull/bear contracts totaled 11.6 billion Hong Kong dollars, accounting for 9.5% of the total market turnover, of which long positions accounted for 5.3% and short positions accounted for 4.2%.
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
Express News | Alibaba spent approximately 39.9733 million dollars to repurchase 3.7625 million shares on November 25.
Express News | tencent: On November 26, repurchased 1.78 million shares, at a total cost of approximately 0.703 billion Hong Kong dollars, with a price per share of 392.2-399 Hong Kong dollars.
A preview in one image | Meituan's Q3 financial report is coming! Dining takeout and in-store business are steadily growing, with major institutions setting a target price as high as 300 Hong Kong dollars.
Meituan will release its Q3 financial report this Friday. Currently, the market generally predicts that Meituan will achieve a revenue of 91.733 billion yuan in Q3, a year-on-year growth of about 20%; eps is 1.45 yuan.
Daily Bull Bear | Hang Seng Index night session slightly up, bull certificate transaction share plummeted to 49%; Kuaishou dyed blue rose against the market, a bull certificate surged by 85%
As of the market close, the total market turnover was 183.2 billion Hong Kong dollars; the total turnover of all warrants and callable bull/bear contracts was 11.8 billion Hong Kong dollars, accounting for 6.5% of the market turnover, with good positions accounting for 4.1% and short positions accounting for 2.3%.
Express News | Alibaba: On November 22, approximately 59.99 million dollars were spent to repurchase 5.777 million shares.
Express News | tencent: On November 25, repurchased 1.77 million shares, for a total expenditure of approximately 0.702 billion HKD, with a price per share of 394-402 HKD.
In November, the MLF volume continued to shrink. Previously, the 500 billion buy-back reverse repurchase has released medium-term liquidity ahead of schedule. The industry expects the reserve requirement ratio cut to be implemented faster.
①The funding operation mode of shortening and lengthening funds continues. On the one hand, the central bank continues to reduce the MLF operations volume, reduce the existing stock to mitigate its impact on the liquidity market. On the other hand, short-term funds continue to be net injected to hedge against cross-month fund pressure, strengthening the guiding position of reverse repurchase agreements on market interest rates. ②Local government bonds are centrally supplied, and the MLF is likely to see a quicker implementation under the reduced volume environment.
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%.
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.
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.
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.
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.
What does Alibaba's 'making big' in e-commerce mean? |K Commentary
Alibaba's current adjustment continues the global strategy of focusing on e-commerce business and AI technology since Daniel Zhang took over as Alibaba Group CEO last year. Some industry insiders analyzed that based on previous major adjustments by Alibaba, it is expected that the integrated e-commerce business group will further adjust its organizational structure and team management.
"Post-85s" take control of Alibaba again.
Army group operations.
US stock market outlook | Cryptocurrency concept stocks surge across the board before market open, with MSTR and MARA up more than 11%; pdd holdings falls more than 9% before market open, Q3 revenue disappoints expectations
Performance exceeds expectations, Snowflake soared more than 23% in pre-market trading; pdd holdings fell more than 9% before the market, Q3 revenue fell short of expectations; Another company got rich because of holding bitcoin! Semler Scientific rose more than 24% in pre-market trading.