Some Tencent Related stocks continue to rise, EAST BUY has surged nearly 11%! Institutions: Looking forward to the WeChat Red Packet 2.0 moment, exploring five major directions.
Business model innovation, a typical case of 'first launch economy'.
Express News | Hong Kong stocks related to Tencent continue to rise, WEIMOB INC is up over 8%, Youzan is up over 6%, EAST BUY is up over 2%; Tencent shows a slight increase.
Daily Bull and Bear | The Hang Seng Index night futures rose by over 1% last Friday! Inflow of 18 million Hong Kong dollars for good positions; affected by chip rumors, Semiconductor Manufacturing International Corporation rose by over 8%, and a subscript
By the close, the market turnover was 178.5 billion Hong Kong dollars, with a total turnover of all callable bull/bear contracts at 10.7 billion Hong Kong dollars, accounting for 6.0% of the market turnover, of which the good positions accounted for 3.5% and the short positions accounted for 2.5%. In addition, the net Inflow of all callable bull/bear contracts was 0.128 billion Hong Kong dollars.
Futu Morning Report | Is a sell-off signal emerging? Buffett takes the opportunity to "sweep up" Occidental Petroleum and two other companies; Tesla's latest announcement: the automated driving taxi Robotaxi is accelerating its advancement.
The "Three Witches" day caused huge fluctuations in the US stock market, as shorts covered their positions leading to a sharp rise during the day, but market volatility may continue into next week; several Federal Reserve officials supported a cautious approach to interest rate cuts next year, relying on data, while Powell's "dovish allies" rarely spoke in a hawkish tone.
IEMG ETF Rises 0.3%
Investing in Hong Kong, Alibaba has arrived! Alibaba's Entrepreneur Fund has established a 0.15 billion dollar AI Fund.
① Alibaba's Entrepreneur Fund announced the establishment of an AI Fund, amounting to 0.15 billion USD, primarily covering Industries where AI can be deeply applied. ② Almost at the same time, ByteDance founder Zhang Yiming also arrived, and his investment Institutions officially acquired Hong Kong's No. 9 license to start investing in the AI field. ③ This year, Hong Kong ranks eighth among the top ten regions globally in terms of total financing for AI enterprises.
Annual review | North funds aggressively bought Hong Kong stocks! Net buying exceeded 770 billion Hong Kong dollars for the year, with Alibaba attracting over 82 billion.
As of December 19, the cumulative transaction of southbound funds through the Hong Kong Stock Connect this year has exceeded 10 trillion, surpassing the entire amount of last year, with an overall increase of nearly 50%.
Express News | Alibaba: On December 19, approximately 39.9918 million US dollars was spent to repurchase 3.7808 million shares.
The "Regulations on the Reporting of Tax-related Information by Internet Platform Enterprises" is open to public opinion.
The tax authorities will keep the obtained tax-related information confidential according to the law, establish a data security management system for tax-related information in accordance with relevant regulations, and ensure data security.
Tencent, Honor Expand Team up for Cloud, AI Services
Bipartisan senators request a grace period for TikTok: they wrote a letter urging Biden to postpone the ban by 90 days.
Senators Ed Markey and Rand Paul urged Biden to extend the deadline for ByteDance to sell TikTok by 90 days; these two lawmakers stated that the ban legislation might be overturned by the Supreme Court and could affect freedom of speech in the USA, so the deadline should be appropriately postponed; the USA Supreme Court is reviewing the appeal filed by TikTok and will hold a debate in January.
Fubon Insurance has released the price for clearing 16.667% equity of its parent company, Tencent Weibo, which is valued at 70% of its worth three years ago.
① The transaction price for the Equity Transfer of Tengfubo is RMB 1.9 per share, with a total transfer price of RMB 0.236 billion; ② It is reported that in 2021, the Equity Transfer was RMB 2.61 per share, and three years later, Tengfubo's valuation has been discounted to 73%; ③ Tengfubo is the parent company of Tencent Weiba, established by Yimashentong and Fubon Property & Casualty Insurance, both subsidiaries of Tencent.
Express News | Tencent saw a rise at the beginning of the trading session, currently up more than 2%; Tencent Related stocks are rising, with WEIMOB INC's increase expanding to 19% and Youzan rising over 10%.
Futu Morning Report | Risk Assets Remain Weak! The Dow Jones ends a 10-day losing streak, while the S&P and Nasdaq have declined for three consecutive days; the USA House of Representatives did not pass the stopgap spending and debt ceiling bill.
The Dow Jones finished slightly higher, ending a 10-day losing streak, while Micron Technology fell over 16%. Intel is reportedly finalizing the shortlist for the next round of bidding for its ALTERA chip Business; Intel is reportedly finalizing the shortlist for the next round of bidding for its ALTERA chip Business.
The Dow barely ended its longest continuous decline in 50 years, Micron fell by 16%, the US dollar reached a two-year high again, and US bonds, oil, and Bitcoin all dropped.
U.S. stock market's other Indexes turned down towards the end, Tesla rose by nearly 4% before closing down, NVIDIA reached a high of 4%, and Micron Technology had its steepest decline in five years. The yield on the 10-year U.S. Treasury bonds briefly increased by nearly 10 basis points approaching 4.60%, close to a seven-month high, while short-term bond yields fell, with the 2/10-year yield spread at its widest in two and a half years. The Bank of England held rates steady, but more officials supported a rate cut, leading to a decline in the British Pound. The Governor of the Bank of Japan suppressed interest rate hike expectations, causing the yen to fall towards 158, and the offshore renminbi briefly dropped below 7.32 yuan to its lowest in 15 months. Bitcoin fell by 5%, approaching $0.096 million. Spot Gold rose by 1.6% before narrowing back below $2,600, while the futures silver fell by 5%, and U.S. crude oil fell below $70.
IEMG ETF Gains 0.5%
IShares Core MSCI Emerging Markets ETF Declares $1.1625 Dividend
A Record Year for ETF Launches Swells Global AUM to $15T
Driving up the stock price of Weimeng! What does the gray test of the "gift-giving" feature on WeChat Mini Shop mean?
Similar to the combination of "red envelope" with social and payment functions, "giving gifts" provides imaginative space for the integration of social network transformation and e-commerce. In the third quarter of this year, the e-commerce business of WeChat mini stores was written into Tencent's Earnings Reports for the first time. China Securities Co.,Ltd. estimates that the "giving gifts" function holds significant strategic importance in unlocking the GMV space of WeChat e-commerce.
WeChat can now send gifts, under 0.01 million yuan.
Unleash the big killer strategy for e-commerce.