Foreign institutions are bullish on Chinese assets, and these symbols are worth paying attention to.
Strategists believe that there are clear signs of economic recovery in China, which is bullish for the company's performance and further supports its valuation.
Biden in danger? Disney heir and other "bigwigs" are pressuring him: no re-election, no money!
Abigail Disney plans to suspend donations to Democrats before Biden drops out; Biden says he has no plans to withdraw from the race.
Futu Morning News | Is the market pricing in the possibility of "Biden dropping out over the weekend"? Biden: I will not drop out; Short sellers get wrecked! Tesla's short sellers lost $3.5 billion in two days.
The Asia-Pacific stock market is booming: Taiwan stocks and Indian stocks hit record highs, Japanese stocks are nearing highs; The Federal Reserve hinted that it is not yet ready to cut interest rates, and bitcoin fell to a two-month low; Xpeng and NIO Inc responded to additional EU tariffs.
Express News | Meituan: Repurchased 4.1739 million shares on July 4, 2024, with a buyback price of HKD 118.9-119.9 per share and a total cost of approximately HKD 0.5 billion.
How does Wall Street predict the strongest global theme for the second half of the year, with expectations of a rate cut, election suspense, and the trend of US stocks?
As the global central bank interest rate cuts arrive, major events such as inflation rebound, the U.S. presidential election, and earnings season tests may all intensify volatility risks, but they also bring many opportunities for positioning.
The US Federal Reserve has been slow to cut interest rates, and the size of the US money market has surpassed 6.15 trillion US dollars, reaching a new high.
In the week ending on the 2nd, there was a inflow of approximately $51.2 billion into the US fund market, the largest inflow in three months. Some analysts pointed out that as long as the Federal Reserve continues to hold steady, funds will continue to flow into currency funds.
In June, China's e-commerce logistics index was 114.8 points, an increase of 0.9 points.
The China e-commerce logistics index for June 2024, jointly released by China Federation of Logistics & Purchasing and JD.com, was 114.8 points, with an expanded increase of 0.9 points.
Hong Kong stocks rose collectively, with the three major indexes up. The technology index increased by nearly 1%. Banks, gold, and auto stocks performed well, with China Construction Bank up more than 3% and NIO Inc up more than 5%.
The three major stock indexes in Hong Kong opened high and fell back in the morning trading session, with the Hang Seng Index and the National Index turning down several times in the intraday trading but finally rising by 0.28% and 0.23%, respectively. The Hang Seng Tech Index maintained its upward trend throughout the day, closing up by 0.63%, and had an initial surge of 2.3%.
Xiaomi SU7 Pro's delivery cycle is further shortened! New forces in car making are striving for better delivery performance.
New forces in automobile manufacturing have submitted their performance report, with the leading Ideal, Huawei Hongmong Intelligent Driving exceeding 40,000 units, Nio Inc exceeding 20,000 units, and Nezha Automobile continuing to rank last.
Global electric vehicle companies review the first half of the year: sales rebound, stock prices diverge.
Looking at the entire first half of the year, stocks of listed companies on the US and Hong Kong stock markets were generally weak, while stocks of two A-share companies rose.
Midday Snapshot | The gains of the three major Hang Seng indexes narrowed, auto stocks were strong, and NIO Inc stock rose over 6%.
Golden industrial concept leads the gains, with Lingbao Gold up over 6%, Zijin Mining Group and SD Gold up over 4%, Zhaojin Mining and Chi Silver GP up over 3%.
During the summer vacation, Dai Chang and Da Zuo put on a big show together! Mihoyo's new work has gained an advantage.
Following Genshin Impact and Honkai Impact, miHoYo's self-made game Juequ Zero was launched in public beta this morning. During the pre-download period, the game ranked first on the App Store's free game list in over 138 countries and regions. Tencent, NetEase, 37 Interactive Entertainment Network Technology Group, Kingnet Network, and others are all expected to release new games, and the summer game market is fiercely competitive. Institutional analysts believe that the release of heavy new games is expected to drive revenue growth in the large-cap market.
Investment secrets for the second half of the year in Hong Kong stocks are here! Institutions are optimistic about the Hang Seng Index and may push it to 20,000 points, with these sectors being popular.
In terms of the market, Guosen Securities gives a strong expectation with an upper limit of 21,500 points; regarding sectors, institutions are bullish on high dividend assets and internet plus-related sectors, as well as some institutions being optimistic about mainland real estate shares as well.
Futu Morning Post | Interest rate cut expectations heat up, S&P and Nasdaq hit new highs again; "Congress Mountain Female Stock God" Pelosi strikes again! Betting on Broadcom and Nvidia.
Fed minutes: Waiting for more information to gain confidence in rate cuts, with the majority of officials believing that the economy is gradually cooling; U.S. June ISM services unexpectedly fell sharply below expectations, with the rate of contraction the fastest in four years.
IShares China Large-Cap ETF Options Spot-On: On July 3rd, 93,501 Contracts Were Traded, With 3.52 Million Open Interest
On July 3rd ET, $iShares China Large-Cap ETF(FXI.US)$ had active options trading, with a total trading volume of 93,501 options for the day, of which put options accounted for 28.06% of the total tran
Tesla Received EU Inspectors Last Week At Its Chinese Factories; EU Inspection Of Tesla China Factories Could Result In Co Getting Lower Duty Than Average Of 21% On Chinese EV-Makers
Tesla Received EU Inspectors Last Week At Its Chinese Factories; EU Inspection Of Tesla China Factories Could Result In Co Getting Lower Duty Than Average Of 21% On Chinese EV-Makers
Are there risks of the US stock market returning to the 1930s?
Richard Bernstein believes that although the current US stock market appears to be full of bubbles and rises highly concentrated in large cap stocks, considering that current corporate profits are accelerating and the banking system is performing well, it is unlikely to trigger another economic crisis.
US stocks rose slightly in early trading, with the three major indexes up. Tesla rose by nearly 4%, and the second-generation humanoid robot Optimus will make its debut for the first time. US stocks will close early today and will be closed tomorrow.
The US stock market opened mostly flat on Wednesday, with the S&P 500 index closing above 5,500 points for the first time in the previous trading day. The private sector employment in the US increased by only 150,000 in June according to ADP report, lower than expected and indicating a gradual cooling of labor demand. The US stock market will close early today and the trading volume is expected to be light.
Express News | Ishares China Large Cap ETF up 1.5%, Kraneshares CSI China Internet ETF Gains 2.5%
Express News | PDD Holdings up 1.5%, NetEase Gains 2%, Baidu Rises 2.2%