New Strategy? Cathie Wood's ARK Purchases Shares in Futu, Significantly Increased Its Stake in AI Healthcare Company Tempus AI and Sold Off Shopify
Cathie Wood's ARK ETF announced the daily Trade details for Tuesday, December 17, 2024.
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.
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%.
The Political Bureau of the Central Committee of the Communist Party of China: Implement more proactive macro policies, expand domestic demand, promote the integration of technology innovation and industrial innovation, and stabilize the real estate and s
The Political Bureau of the CPC Central Committee held a meeting on December 9 to analyze and study the economic work in 2025; listened to the work report of the Central Commission for Discipline Inspection and State Supervision Commission, and discussed the arrangements for the party's work style and anti-corruption work in 2025. General Secretary of the CPC Central Committee **** presided over the meeting.
JPMorgan's rating: Maintain a cautious optimistic attitude towards the financial industry. Most optimistic about Futu, HSBC, and Standard Chartered.
Grants 5th of December | JPMorgan issued a report stating that it maintains varying degrees of cautious optimism towards the financial industry as a whole, with particular optimism towards Futu, HSBC Holdings, and Standard Chartered. JPMorgan believes that BOC Hong Kong and Hang Seng Bank have limited upside potential before the announcement of their performance in the 2024 fiscal year. The bank noted that the mainland banking industry is mixed, with the resistance brought by the narrowing net interest margin in 2025 possibly being partially offset by the recovery of retail business and loans. For Hong Kong banks, potential obstacles include tariffs, continued interest rate cuts, and commercial property in Hong Kong, while the highlight is the growth in service fee income, indicating potential upside for shareholder returns.
China Renaissance Maintains a "Buy" Rating on Futu Holdings, Raising the Price Target to US$134.80
On November 20, China Renaissance released a research report maintaining a "Buy" rating on Futu Holdings and raising the target price from US$127.50 to US$134.80. China Renaissance pointed out the
Jefferies Maintains "Buy" Rating on Futu Holdings, Raises Target Prices to $109.20
CICC: Slightly Better-than-Expected Performance, Maintains "Outperform" Rating on Futu Holdings
On November 20, 2024, China International Capital Corporation (CICC) released a research report maintaining an "Outperform" rating and a target price of $145 on Futu Holdings. In the report, CICC
Futu Holdings Ltd | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]
Futu Announces Third Quarter 2024 Unaudited Financial Results and Special Cash Dividend
Morgan Stanley Upgrades Futu Holdings to "Overweight," Increases Price Target to US$115.00
On November 17, Morgan Stanley upgraded Futu's rating from “flat” to “increased holdings” and raised the target price from $70.00 to $115.00. Damo emphasized the company's accelerated profit growth
Hillhouse HHLR Q3 hold positions: Chinese concept stocks hold an absolute dominant position, and the total market value of hold positions grew by more than 10%!
①HHLR Advisors, a subsidiary of Hillhouse Capital, saw its total market cap of US stocks holding positions grow by over 10% in the third quarter, with 9 of the top ten heavy positions being Chinese concept stocks; ②HHLR Advisors continued to hold heavy positions in Chinese concept stocks in the third quarter, with the market cap of Chinese concept stocks increasing from 85% in the second quarter to 93% in the third quarter.
Futu to Report Third Quarter 2024 Financial Results on November 19, 2024
China Renaissance Maintains an "Buy" Rating on Futu Holdings, Raising the Price Target to US$127.50
On October 29, China Renaissance released a research report maintaining a "Buy" rating on Futu Holdings and significantly raising the target price from US$90.60 to US$127.50. China Renaissance
Zhang Kun's latest position revealed! Alibaba and Yum China have entered the top ten major stocks. I believe leading technology and consumer companies will re-enter a period of growth
At the end of the third quarter, Zhang Kun's total management volume was 69.082 billion yuan, an increase of 7.401 billion yuan over the end of the second quarter; with the exception of E-Fund Asia Select, the performance of the remaining 3 products in the third quarter was higher than the performance comparison benchmark for the same period.
CICC Maintains a "Outperform" Rating on Futu Holdings, Raising the Target Price to $188
On October 7, CICC released a research report maintaining an "Outperform" rating on Futu Holdings and raising the target price to $188.
JP Morgan Maintains an Overweight Rating on Futu Holdings, Raising the Price Target to $160.00
On October 2, JPMorgan released a research report maintaining an "overweight" rating on Futu Holdings and significantly raising the target price from $88 to $160.
Hong Kong and A-shares are in high spirits! How much room is left in the market under the new round of policies?
Interest rate-sensitive growth stocks, export chains driven by usa real estate demand, Hong Kong stocks local dividends and real estate, all show greater resilience in this round of rise.
Express News | Futu: Weekly Trade Volume Up 95%, Number of Traders Up 60%, Driven by A-Shares and HK Stocks
BofA Securities Reiterates a "Buy" Rating on Futu Holdings, Raising the Price Target to $90.00