Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
U.S. stock market closing | All three major indexes fell, with the Dow experiencing nine consecutive declines; Tesla rose over 3% to reach new highs, and Quantum Computing concept stocks surged again, with QUBT skyrocketing over 51%.
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
Futu Morning Report | Non-farm data is arriving tonight! Goldman Sachs: This could determine whether there will be another rate cut in December; another major bank is optimistic! Wells Fargo raises its outlook for the S&P to 7007 points.
After hours, it surged over 8%! Lululemon's Q3 performance exceeded expectations; after accurately predicting that bitcoin would reach $100,000 this year, Standard Chartered's analyst is bullish again: predicting it will reach the significant milestone of $200,000 by the end of next year; OPEC+ has continued its three sets of production cut measures, extending the additional voluntary reduction of 2.2 million barrels per day for three months.
Futu Morning Post | South Korea's president announced 'emergency martial law' late at night, stirring up the market; high-performance stocks collectively celebrate after hours! Marvell Technology, salesforce surged more than 10%.
Will the interest rate be cut in December? The Fed's voting members this year are "doing Tai Chi": regardless of cutting or not, interest rates should continue to decline; Nasdaq and S&P hit new highs again! Apple has risen for seven consecutive days to create a new historical high; Palantir rose nearly 7% to create a new historical high again, with the company's cloud computing service receiving a "highly authorized" certification.
Shenzhen Transsion Holdings Co., Ltd.: Currently negotiating patents with rights holders. Emerging markets are still in the trend of "switching from feature phones to asia vets." | Direct coverage of the earnings conference.
① Zhu Zhaojiang stated that overall, the penetration rate of asia vets in emerging markets is lower compared to North America, Western Europe, and developed economies in the mature Asia-Pacific and china market. The transition from feature phones to asia vets remains an important factor driving the growth of the asia vets market in emerging markets; ② He mentioned that Transsion is currently in patent negotiations with patent holders to determine reasonable licensing fees under the framework of fair, reasonable, and non-discriminatory principles.
The photovoltaic industry is holding another 'self-regulation' symposium, will the industry chain profit inflection point accelerate arrival?
1. The photovoltaic industry once again held a "self-discipline symposium", with the level and scale of the meeting further raised, 22 leading companies attending voluntarily to maintain industry order; 2. Under the dual promotion of industry self-discipline and policy support, the chaotic competition situation in the photovoltaic industry is expected to end more quickly.
US stocks closed | The three major indices rose together, with Dow Jones and S&P hitting new highs; tariff threats dragged down auto stocks, general motors fell 9%
Waiting for PCE inflation, the Fed's November minutes support gradual rate cuts, temporarily suppressing US bond yields and the dollar while gold rallies. The Dow turns higher at the end of the day, hitting new highs for three consecutive days, while small cap stocks fall from the highest level in six days, with chip stocks down more than 1%, but nvidia rebounds by 0.7%. Tesla reverses its decline, Nio falls by 7.7%, Amgen's weight loss drug once fell by more than 12%, and Dell falls more than 9% after hours.
U.S. stock market closing | The three major indices showed mixed results, with nvidia temporarily falling over 5% after hours; bitcoin reached a new high, and stocks related to cryptos surged, with microstrategy rising by 10%.
S&P, Dow Jones, small cap stocks turned higher in the final hour, with the Nasdaq's decline significantly narrowing. Nvidia fell nearly 3% before closing down 0.8%, dropping 5% at one point after hours, as the financial report stated that Hopper and Blackwell face supply restrictions.
Jinkosolar: Steady progress in signing contracts in 2025, component prices show a clear trend of rebound after the decline. | Direct hit on earnings conference
①The company has already put into production 2GW of module capacity in the usa, and is expected to complete the capacity climbing by the end of this year, with an expected increase in production next year. The Saudi project is in the execution phase, planning to start construction of related infrastructure in the first half of next year, and is expected to start production in the first half of 2026; ②Li Xiande stated that global (module) demand is stable with a slight increase next year, with an expected growth rate of 10-20%.
Trump sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.
Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.
Express News | Most photovoltaic power stocks in the US stock market rose, photovoltaic power rose by over 7%, the aes corp rose by nearly 6%, first solar rose by over 4%, jinkosolar and daqo new energy rose by over 2%.
Montage Technology's net profit attributable to the mother in the first three quarters has more than tripled, with AI driving the scale shipment of new capacity chips.
①Montage Technology achieved revenue of 2.571 billion yuan in the first three quarters of this year, a year-on-year increase of 68.56%; net income attributable to the parent company reached 0.978 billion yuan, an increase of 318.42% year-on-year; ②Montage Technology stated that this year the company's demand for memory interfaces and module-matching chips has seen a recovery growth, with the AI industry driving the scale shipment of high-performance computing chips.
U.S. stocks close | The three major indexes are mixed, with the Nasdaq hitting a new high for the fourth consecutive rise; chip stocks are strong, AMD closed up 4% but fell over 7% after hours due to poor guidance; cryptos concept stocks are rising.
The USA economy is mixed, with consumer confidence increasing but job vacancies hitting a three-and-a-half-year low. The Dow Jones and small cap stocks fell, while the S&P and Nasdaq turned higher. The chip index rose by more than 2%, while the Chinese concept index turned down by over 1%. Trump's media fluctuations have repeatedly caused trading to be suspended.
In the first three quarters of the year, advanced micro-fabrication equipment inc. china's net profit fell by more than 20% year-on-year, while the production output of special equipment tripled.
1. Advanced Micro-Fabrication Equipment Inc. China achieved revenue of 5.507 billion yuan in the first three quarters of this year, a year-on-year growth of about 36.27%; net income attributable to the parent company was 0.913 billion yuan, a year-on-year decrease of 21.28%. 2. New orders in the first three quarters of this year amounted to 7.64 billion yuan, an increase of about 52% year-on-year. 3. A total of 1160 special equipment were produced in the first three quarters, a year-on-year growth of about 310%, corresponding to a output value of approximately 9.419 billion yuan.
US stocks closed | The three major indices collectively rose, with the China Golden Dragon Index leading the large cap with a rise of over 4%; Bitcoin returned to $0.07 million, and crypto concept stocks strengthened; Donald Trump concept stock DJT surged
Small cap stocks rose 1.7% to lead the way, Nasdaq approaching its all-time high, tesla reversed down by 2.5%, nvidia fell by 1% at one point, nio inc surged over 10%, North American uranium mines and nuclear energy concept stocks rose together, Altman-backed Oklo surged over 28% to a new high.
Market competition and other factors led to a decline in gross profit. shenzhen transsion holdings co., ltd. experienced a decrease in both revenue and net profit in Q3.
①Looking at the performance of shenzhen transsion holdings co., ltd., the company's performance fluctuates significantly. After maintaining high growth for multiple quarters in 2023, the net income in the second and third quarters of this year showed a year-on-year decline; ②Mainly affected by market competition and the comprehensive impact of supply chain costs, the revenue and gross margin of the third quarter of 2024 have declined, resulting in a year-on-year decrease in gross profit; ③shenzhen transsion holdings co., ltd.'s global smart phone shipments ranking slipped to sixth place in the third quarter.
Shenzhen Transsion Holdings Co., Ltd.'s Q3 revenue and net income both decreased, with net income falling by over 40% year-on-year. | Financial Report News
Affected by market competition and supply chain costs, shenzhen transsion holdings co., ltd. revenue in the third quarter was 16.693 billion yuan, a decrease of 7.22% year-on-year; basic earnings per share were 0.93 yuan, a decrease of 57.92% year-on-year.
Beijing Kingsoft Office Software, Inc. net profit attributable to the parent company increased by 16.41% year-on-year in the first three quarters, but domestic institutions' subscription services growth has stagnated.
① According to the financial report released by beijing kingsoft office software, inc, beijing kingsoft office software, inc achieved revenue of 3.627 billion yuan in the first three quarters of this year, a year-on-year increase of 10.90%, with a 16.41% year-on-year growth in net income attributable to the parent; ② The subscription business of personal office services in China remains the main driver of growth for beijing kingsoft office software, inc, with a year-on-year growth of 17.24% in the third quarter, while the growth of subscription and service business for domestic institutions is only 0.02%.
Leading explosive financial report confirms the hot demand for HBM, which semiconductor companies in A-shares are likely to benefit?
①SK Hynix announced its third-quarter performance, with HBM sales increasing by more than 330% year-on-year; ②Bank of America expects that SK Hynix's HBM sales in the next two years will reach $9.2 billion and 15.8 billion respectively; ③Brokerage view suggests focusing on new materials related to AI investment themes such as computing power, storage, and advanced packaging.
Leading institution Zhijia Horizon officially landed on the Hong Kong Stock Exchange, this well-established PE institution accurately "anchored" in advance.
①A group of investors have gathered behind the horizon, including a veteran but dynamic PE fund - Huangpu River Capital; ②Huangpu River Capital focuses on industry leaders and chain leading companies, matching capital with teams and companies with ideals, technology, and strength; ③At the same time, Huangpu River Capital guides capital to flow towards real entities creating value for the country and the people.