Hong Kong stocks early report on December 5: Most china concept stocks declined, Meitu cleared cryptocurrency profits of about 0.571 billion yuan.
① The latest Beige Book survey by the Federal Reserve shows a slight increase in economic activity in November. ② Powell said the Federal Reserve can be cautious when seeking a neutral interest rate. ③ Trump chose digital assets advocate Paul Atkins to be the chairman of the U.S. Securities and Exchange Commission, leading to a big surge in cryptos and their concept stocks. ④ The three major U.S. stock indexes hit new all-time highs on Wednesday, while most popular China concept stocks declined.
Silver Entertainment (00027.HK) Galaxy Art Center will hold the "iqiyi Night of Screams".
Under Silver Entertainment (00027.HK), the Galaxy Entertainment Gallery announced that it will host the annual entertainment extravaganza 'iQiyi Scream Night' produced by iQiyi (IQ.US) this Saturday (7th), gathering over a hundred performing artists, expected to make Macau a popular tourist destination. In 2023, the Galaxy Entertainment Gallery signed a strategic cooperation agreement with iQiyi, jointly committed to turning Macau into the 'Capital of Performing Arts'. iQiyi Scream Night has been held at the Galaxy Entertainment Gallery for three consecutive years since 2023.
Hong Kong stocks morning report on December 4: The situation in south korea causes a huge shock in asset prices, while the trends of china concept stocks show divergence.
① South Korea's President Yoon Suk-yeol suddenly launched an emergency martial law, but Congress resisted and voted to reject it. ② The USA's labor market shows subtle changes: the number of job vacancies rebounds. ③ The number of CEOs leaving their positions in the USA this year has reached a record high. ④ Yen arbitrage trading is thriving, and the Bank of Japan is reaching for the "interest rate knife." ⑤ The three major US stock indexes had mixed results, with the Nasdaq and the S&P 500 index continuing to set new closing highs, while the trend of china concept stocks showed divergence.
Asian Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading
CFRA Initiates IQIYI(IQ.US) With Hold Rating, Announces Target Price $2.3
Futu Daily News | The inflation indicators favored by the Federal Reserve rebound! The attitude towards interest rate cuts in December may be more cautious; the Central Office and the State Office issued the 'Action Plan to Effectively Reduce Logistics Co
The Fed's favorite inflation indicator rebounds! The usa's core PCE price index for October is 2.8% year-on-year; strong consumer spending drives steady growth of 2.8% in the usa's third-quarter GDP; Trump's team is considering digital assets advocate Atkins to serve as SEC chairman.
Express News | The nasdaq china concept stock index rose by 2.82%, with china concept stocks collectively rising, iqiyi increasing by over 8%, ideal autos rising by over 6%, and xiaopeng autos increasing by over 4%.
The crime investigation drama "I am a detective" premiered today, using the sword of justice to protect the peace of the people.
iqiyi's criminal investigation drama "I am a detective" premiered today. National first-class screenwriter Xu Meng and famous director Hui Kaidong dedicated themselves to the production, with strong actors such as Yu Hewei, Fu Dalong, and Ding Yongdai joining the cast. This monumental work depicting the development process of detective careers uses a realistic narrative style and documentary-style filming. It showcases the 35-year struggle of detectives by delving into every detail of the cases, depicting the evolution of detective work. During the creation of the drama, screenwriter Xu Meng conducted field research in 15 provinces and cities, interviewed 200 front-line detectives, and read 2 million words of case files just to present the most authentic portrayal.
Express News | Popular china concept stocks are rising broadly in pre-market trading. Miniso has increased by over 7%, bilibili, iqiyi, and XPeng autos have risen by more than 4%, jd.com, Li Auto, and NIO are up over 3%, while alibaba and pdd holdings have risen by more
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
Asian Equities Traded in the US as American Depositary Receipts Edge Higher in Monday Trading
Public Companies Who Have a Significant Stake Must Be Disappointed Along With Institutions After IQIYI, Inc.'s (NASDAQ:IQ) Market Cap Dropped by US$125m
Nomura Lowers Price Target on IQIYI to $2.20 From $2.75, Keeps Neutral Rating
Express News | Nomura Securities: Maintaining a neutral rating on iqiyi, lowering the target price from $2.75 to $2.20.
IQIYI Could Continue to Face Headwinds in 4Q -- Market Talk
IQIYI, Inc. (IQ) Q3 2024 Earnings Call Transcript Summary
Goldman Sachs Downgrades IQIYI(IQ.US) to Hold Rating, Cuts Target Price to $2.4
IQIYI Is Maintained at Neutral by JP Morgan
IQIYI Analyst Ratings
Benchmark Co. Maintains IQIYI(IQ.US) With Hold Rating