jpmorgan warns: if Trump wins on Wednesday, the Fed may pause the easing cycle as early as December.
Analyst David Kelly expects that the policies of the Trump administration will expand the fiscal deficit, leading to increased inflation, which may cause the Federal Reserve to pause rate cuts. If Harris wins, the Federal Reserve will maintain an accommodative stance.
US stock market morning session | The three major indices fell together, with Nvidia rising more than 1% against the market, surpassing Apple in market cap; "Trump trade" cools down, china concept stocks collectively rise.
On the evening of the 4th Beijing time, the US stock market opened basically flat on Monday. Investors are preparing for the highly anticipated US presidential election, and continue to follow this week's Federal Reserve monetary policy meeting and US stock earnings. Nvidia will replace Intel as a component stock of the Dow Jones Industrial Average.
'U.S. Chip Toolmakers Move to Cut China From Supply Chains' - WSJ
"Apple's Initial Sales Of New IPhones This Year Are Expected To Surpass Those Of New Models In 2023; Nevertheless, The Company Is Encountering Difficulties In Further Penetrating The Chinese Market, According To Industry Sources" - DigiTimes Alert
US stock market outlook | Market suddenly reduces "Trump trade"! Polls show the outcome is unpredictable; Nvidia's pre-market rise nearly 2%, will replace Intel in the Dow Jones Industrial Average.
In pre-market trading on Monday, the three major futures indices showed mixed movements; popular China concept stocks generally rose in pre-market trading, with xpeng up nearly 6%; tesla's electric vehicle delivery volume in China in October decreased by 5.3% year-on-year and a significant 23% month-on-month drop.
Asia Mixed, Europe Market Rallies In US Election Week; Crude Oil Up 2% - Global Markets Today While US Slept
Express News | Alibaba: On November 1st, spent approximately $19.9728 million to repurchase around 1.6332 million shares.
Tesla Sold 68,280 China-made EV's In October, Down 5.3% YoY
The twelfth meeting of the Fourteenth National People's Congress Standing Committee reviewed the proposal to increase the debt limit of local governments to replace the hidden debt.
The 12th session of the 14th National People's Congress Standing Committee held its first plenary session on the morning of November 4th at the Great Hall of the People in Beijing, chaired by Chairman ****.
Daily options tracking | Included in the Dow Jones component stocks! Nvidia rose 2% most profitable with call options doubling in a single day; "Audit Scandal" unfinished, super micro computer put options skyrocketing for consecutive days.
Amazon's performance surged by 6% after the earnings report, with large investors betting on selling put options and being bullish. The largest single transaction involved $2.7 million; China's large cap stock ETF experienced a sharp increase in implied volatility levels, as the market awaits the expected outcome.
DBS: Investors should avoid the misconception of 'election trades'.
On the eve of the US election, Goldman Sachs provides a guide on watching and avoiding pitfalls.
Involving ten Hong Kong stocks! The Hong Kong stock exchange launched weekly stock options today.
According to the iFast Financial app, Hong Kong Exchanges and Clearing (00388) has introduced weekly stock options, with the majority being technology stocks including Tencent (00700), Meituan (03690), Alibaba (09988), BYD Company (01211), jd.com (09618), Hong Kong Exchanges and Clearing (00388), Ping An Insurance (02318), hsbc holdings (00005), Kuaishou (01024) and Baidu (09888). This series has been approved by the Hong Kong Securities and Futures Commission and is available for market participants to trade today (November 4th).
Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.
① Zhiji Autos' latest car purchase rights announcement: From now until November 30, Zhiji Autos' entire range of new and old car owners will share a total of 1.1 billion purchase subsidies. ② A salesperson at a Huawei store told Caixin reporters that the Hongmeng Intelligent Travel policies in November have been adjusted compared to October.
A week loaded with historical significance! Global funds focus on China and the United States, three major macro events are about to unfold.
The week starting on November 4th may be a 'super heavyweight week' that will go down in global financial development history.
Express News | Haitong Int'l: Raises Xiaomi's target price to 33 Hong Kong dollars, expecting a 35% year-on-year increase in adjusted net income in the third quarter to 6 billion RMB.
Analyst warning: Inflation will not disappear, FED is unlikely to cut rates significantly, and the US stock market may experience a huge shake-up next year!
①A senior financial strategist stated that the Federal Reserve will not lower interest rates to the very low level as the market believes, and borrowing costs may indeed start to rise from now on; ② He predicts that the stock markets in the USA and globally may decline by 7% to 12%.
Daily Bulls and Bears | Tencent led the way in network technology stocks last Friday! Multiple bull certificates doubled in value; Hang Seng Index night futures closed at 20,490 points, with a total net outflow of over 55 million Hong Kong dollars from lo
As of last Friday's close, the market turnover was 141.483 billion Hong Kong dollars, with the total turnover of all warrant bull and bear certificates at 15.226 billion Hong Kong dollars, accounting for 10.8% of the market turnover, of which the bullish position accounts for 6.0% and the bearish position accounts for 4.7%.
Each of the 7 swing states in the USA has its own way of swinging.
This year, the swing states in the usa mainly consist of 7 states, totaling 93 electoral votes: the 'Blue Wall states' in the north - Pennsylvania (19 votes), Michigan (15 votes), Wisconsin (10 votes), and the 'Sun Belt' states in the south - Georgia (16 votes), Arizona (11 votes), North Carolina (16 votes), and Nevada (6 votes).
Futu Morning Post | Super Heavy Week! The National People's Congress Standing Committee Meeting is coming, the critical moment of the US election showdown, the Fed leads the "Super Central Bank Week" debut.
US polls: Harris leads Trump by a slight advantage in the key 'swing states'; changing times! Nvidia will be included in the Dow, replacing Intel; Buffett sells stocks for the eighth consecutive quarter, Berkshire's cash reserves reach a new high.
In October, China's heavy truck market sales were approximately 0.063 million vehicles, with the industry performing averagely.
In October 2024, the sales volume of heavy-duty trucks in China was approximately 0.063 million vehicles (wholesale basis, including exports and new energy), an increase of 9% month-on-month, but a decrease of 22% compared to the same period last year, which was 0.0811 million vehicles, a decrease of about 0.018 million vehicles.