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citic sec: The resilience and increased penetration of consumer spending accelerate the growth of e-commerce in the usa. Remain bullish on leading e-commerce companies.
In Q2 2024, the total e-commerce sales in the usa reached 282.3 billion dollars (up 6.6% year-on-year), with a penetration rate of 19.6% (up 1.8 percentage points year-on-year), of which csi sws food & beverage, groceries, electronics and home appliances, and non-store retailers grew by 8.0%/ 12.7%/ 7.9%/ 7.2% year-on-year.
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
U.S. Stocks News | mingteng international rose by 51.11%, the largest percentage increase among Chinese concept stocks.
On November 8th, the top five stocks with the highest closing gains in Chinese concept stocks are: mingteng international rose by 51.11%, jayud global logistics ltd. rose by 34.21%, cdt environmental technology rose by 32.13%, mdjm ltd. rose by 29.74%, and e-home household service rose by 26.51%. (格隆汇)
Express News | Echo Cheng Reports 11.0% Passive Stake in Jayud Global Logistics Ltd as of Oct 21- SEC Filing
Jayud Global Logistics Issued Total of 3.37M Class A Ordinary Shrs as Consideration for the 3 Acquisitions >JYD
Jayud Global Logistics Acquired 20% Stake in 70,000 Sq.ft. Warehouse Located in Rialto, California >JYD
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