Weekly Hot List Highlights: The 'Trump trade' is back on! The US dollar and gold break negative correlation!
"Trump trade" restarts, gold, US dollar, and US stocks surge! Supply concerns are replaced by slowing demand, causing oil prices to plummet. Continuously heavyweight bullish news catalyze market enthusiasm, with "bullish on Chinese stocks" entering the hot trading list... What exciting market trends did you miss out on this week?
300 billion share buyback shares increase the re-lending "order", under the current trend, banks' risks are generally controllable, which may lead to more business opportunities.
①From the current policies and market trends, it is a high-probability event that the stock market and market confidence will gradually recover upwards, and the overall risk of loans is still manageable. ②Although the interest rate spread for share buyback and shareholding loans is not particularly large, this business can be used to expand and maintain the client base of listed companies, generating more business opportunities. ③In practice, the main consideration may not necessarily be the purchase of stocks as collateral, but more emphasis will be on the overall credit rating of the borrower.
Express News | Alibaba: Repurchased 1.4165 million shares on October 17, spending approximately $17.6811 million.
Today, the six major banks proactively lowered the deposit benchmark interest rates, experts: showing the effective running of the central bank's interest rate policy transmission mechanism will provide support for banks to stabilize net interest margins.
①On October 18, major commercial banks lowered deposit benchmark interest rates, and the LPR reported on October 21 will also reflect the corresponding decrease in policy interest rates, indicating further improvement of the market-oriented interest rate control mechanism and effective transmission channels of interest rates; ② This adjustment of deposit interest rates by commercial banks is beneficial for reducing the bank's cost of liabilities, providing support for stabilizing net interest margins, and enhancing the sustainability of financial support for the real economy.
500 billion convenient business processes and operational details for exchange are all here! 20 brokerages and funds are ready.
The interest rate bonds obtained through swap transactions can only be pledged and cannot be sold; the pledge rate should not exceed 90% in principle. ChinaBond Inclusion monitoring is implemented, and the replenishment line is set at no less than 75%.
Li Yunze: Supports insurance institutions that meet the conditions to establish new securities investment funds. Currently, many insurance companies have submitted relevant applications.
Li Yunze expressed support for financial assets investment companies to play a greater role in supporting technology innovation. Currently, the scale of the latest batch of 18 pilot cities' intention agreements has exceeded 250 billion yuan.
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
The People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission: will implement two new tools, the convenient exchange of securities, funds, and insurance companies, and the share buyback a
On the morning of October 16, China's central banks, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission jointly held a forum for major financial institutions.
Three state-owned major banks have lowered their deposit benchmark interest rates with a maximum reduction of 25 basis points.
Industrial and Commercial Bank of China, China Construction Bank Corporation, and Bank of Communications mobile banking have all updated their deposit benchmark interest rates, with the six-month interest rate lowered to 1%. This is the second time in less than 3 months that major banks have lowered deposit rates since July, and it will also be the sixth time that major banks have actively lowered deposit rates since September 2022.
Futu Morning Post | The US economy remains strong! Expectations for a Fed rate cut this year suffered another blow; the Dow continues to hit record highs! Taiwan Semiconductor surges nearly 10% after earnings, with a market cap exceeding $1 trillion.
After hours, it rose nearly 5%! Netflix's Q3 revenue and profits both exceed expectations, with unexpectedly more paying users; Insider: Tesla's FSD has not yet been approved for entry into China, Musk has sought to obtain some data.
No more low stock prices! The 'longest ever' November 11 shopping festival-related event is here, can it help the three e-commerce giants usher in a new round of uptrend?
On October 14th, Alibaba, pdd holdings, and jd.com all coincidentally launched the november 11 shopping festival-related on the same day. Compared to the opening time of previous pre-sale activities, november 11 started just after the National Day holiday ended, a full 10 days earlier. It is expected to last until November 30th, including the return period, once again refreshing the november 11 shopping festival cycle and becoming the longest running e-commerce shopping festival.
Underestimated + high dividend double blessing! Will the 'clean break' state-owned central enterprises stabilize and become the main theme of the year?
In the past two years, the high dividend strategy in the Hong Kong stock market has become a hot trend. State-owned enterprises with high dividends and medium-to-high valuation have attracted attention from funds, leading to a continuous increase in stock prices. At the same time, with the release of the first market value management guideline documentation at the regulatory level, long-term companies trading below net asset value are required to develop value enhancement plans, bringing the concept of 'trading below net asset value' into the public eye.
Featured deposits are hotly recommended. In October, many banks introduced new products. The interest rate spread for different joint-stock banks can be up to 20 basis points over a 3-year period.
①Special deposit products, like regular deposits and large-sum certificates of deposit, are all types of deposit products suitable for low-risk individuals. ②Although special deposit rates are also being reduced in the context of overall deposit rate cuts, they remain relatively higher compared to regular deposits, making them somewhat appealing to prudent savers.
Daily Bulls and Bears | Hong Kong stocks net inflow of 28 million Hong Kong dollars in light positions, with a bull-bear street ratio of 63:37; Galaxy Ent fell more than 5% yesterday, while put warrants rose over 5 times.
As of the close of yesterday, the market turnover was 208.369 billion Hong Kong dollars, with a total turnover of 19.177 billion Hong Kong dollars for all warrants. This accounts for 9.2% of the market turnover, with 5.1% held in the 'good depot' category and 4.1% in the 'weak depot' category.
Report: In the third quarter of 2024, china's gaming market revenue was 91.766 billion yuan, a year-on-year increase of 8.95%.
In the third quarter of 2024, China's gaming market revenue was 91.766 billion yuan, a 22.96% increase compared to the previous quarter, and a 8.95% increase year-on-year.
Investment performance is good! China Life, PICC, and Ping An have all announced positive profit forecasts. The net profit for the first three quarters is expected to increase by over 60%. Many overseas asset management companies are bullish on insurance
①Four listed insurance companies have announced good news, with the net income attributable to the mother increasing by more than 60% in the first three quarters; ② On October 16, international investment banks raised the target price of multiple insurance stocks; ③ In the past month, jpmorgan has repeatedly increased its shareholding in Ping An, while blackrock has increased its position in China Life and PICC.
U.S. Stock Market Outlook: Bullish sentiment soars! Goldman Sachs sets S&P 6100 as target; Heavyweight real estate conference to be held tomorrow, fangdd network surges more than 30% pre-market, ke holdings rises over 3%.
Tesla's Robotaxi vision has been hindered by US laws! Cybercab may become a niche product; what does this signal? New York Fed: Consumers are expected to have the highest probability of defaulting on debt in four years; Invest in China rather than India! Latest survey by Bank of America: Global fund managers are actively entering the Chinese stock market.
Chinese concept stocks will face a big test of financial reports! Tencent, jd.com any surprises? Alibaba continues to lie low?
Analysis predicts that Tencent's gaming business will continue to grow rapidly, achieving double-digit year-on-year growth, with advertising and cni xiangmi lake fintech index businesses also performing well; Alibaba's GMV is expected to grow in the mid-single digits, but faces multiple positive factors in the coming quarters; jd.com benefits from trade-in subsidies, with electronic product GMV expected to increase by over 10% year-on-year in September.
Alibaba has invested in another general robotics company.
AI chess game expanded to siasun robot&automation.
Alibaba's progress in selling equity in sunart retail: receiving tender offer letter, no agreements or trades have been reached yet.
1. Previously, there were market rumors that Sunart Retail had sparked private equity interest, with potential buyers including Dehong Capital, Hillhouse Capital, and Ruentex Group. However, Hillhouse Capital and Sunart Retail have not commented on this. 2. The decline of traditional chain supermarkets has become a common trend. In addition to personnel adjustments, Darunfa is also adjusting its business formats, investing in the opening of large and medium-sized supermarkets and the expansion of membership stores this year.