Express News | TENCENT: On December 19, repurchased 1.72 million shares, with a total expenditure of approximately 0.703 billion Hong Kong dollars, at a price of 401.4-421.8 Hong Kong dollars per share.
Asia Markets in Red Tracking Wall Street Sell-off Amid Hawkish Fed Stance; BOJ Keeps Rate on Hold
Express News | Tencent surged nearly 3% in the afternoon, with reports that Apple may embed Tencent's Byte AI model into the iPhone.
Express News | The Hong Kong stock of Baidu Group fell over 6%, and Apple is negotiating AI cooperation with Tencent and ByteDance.
Meituan Drone delivery has received permission in Dubai, entering the Middle Eastern market | Insights on Going Overseas.
① With the issuance of licenses, Meituan's Drone Business officially starts Operation in Dubai Silicon Valley, bringing a new delivery model to the Middle Eastern market. ②"Ideally, Keeta is expected to replicate the success of Hong Kong in Saudi Arabia, but as the first Chinese takeaway giant to enter Saudi Arabia, Meituan is likely to bear the risks and growing pains of this unique Global market."
Daily Bull and Bear | A significant Outflow of 45 million Hong Kong dollars from the Hang Seng Index's long positions, with a notable increase in bulls and heavy shorts at the 20,100 point level; Xiaomi leads the Network Technology stocks in a rebound, wi
As of the market close, the total market turnover was 107.5 billion HKD, with all warrants and callable bull/bear contracts totaling 9.5 billion HKD, accounting for 8.9% of the total market turnover, among which good positions accounted for 5.1% and short positions accounted for 3.7%. In addition, the net capital outflow from all warrants and callable bull/bear contracts was 0.453 billion HKD.
U.S. stock market close | The Federal Reserve takes a hawkish stance, three major Indexes drop together, with the Nasdaq down over 3%; Tesla falls over 8%, leading the decline among Technology giants, while Quantum Computing concept stock, Quantum, soars
The Dow Jones experienced ten consecutive declines, marking the longest streak of losses since 1974. The S&P fell nearly 3%, and the Nasdaq dropped over 3%. Tesla led the tech giants down with a decline of over 8%. The chip index fell nearly 4%, with Broadcom dropping nearly 7%, and NVIDIA initially rose nearly 5% during the day before turning negative. Micron Technology, which provided disappointing guidance for this fiscal quarter, fell over 10% in after-hours trading.
MrBeast's New Game Show To Premiere On Amazon Prime Video Thursday: Why Billionaire David Tepper May Be Watching
Express News | Alibaba: On December 17, approximately 9.9911 million dollars was spent to repurchase 0.9208 million shares.
Yearly Review | The top ten repurchase kings of Hong Kong stocks in 2024 are announced! All Market repurchase total exceeds 250 billion Hong Kong dollars, with Tencent accounting for a "half of the market".
According to Wind data, as of December 17, 277 Hong Kong stocks have conducted buybacks this year, with a total buyback amount of 256.117 billion Hong Kong dollars, and 64 individual stocks have a cumulative buyback amount exceeding 0.1 billion Hong Kong dollars this year.
Express News | TENCENT: On December 18, repurchased 1.73 million shares, costing approximately 0.703 billion HKD, at a price of 405.2-406 HKD per share.
Asia Markets Mostly Lower Mirroring Wall Street's Losses; Investors Assess Japan's Trade Data
Investment losses have dragged down solvency for many years, and Fubon Property Insurance has cleared its 16.667% stake in Tencent Weifang, with the latest risk comprehensive rating being category BB.
① Fubon Insurance and Fubon Financial Holding's two subsidiaries "liquidated" their 16.667% stake in Tencent's insurance subsidiary Tengfu Bo, with Yima Shentong as the transferee; ② Yima Shentong is a wholly-owned subsidiary of Tencent, and after the transfer, its stake in Tengfu Bo will first exceed 90%; ③ The transfer of shares by Fubon Insurance may be to avoid continuing investment losses that could impact solvency, as the company's latest comprehensive risk rating is classified as BB.
Daily Bull and Bear | Significant increase in bear market goods near 20,100 points! The Hang Seng Index night futures rose 125 points, with good positions experiencing a net inflow for three consecutive days; ZTE closed up 4.6%, with the call warrant at o
Yesterday, the net Outflow of all warrant bull and bear certificates was 0.104 billion HKD, with a net Inflow of 62 million HKD for long positions and a net Outflow of 6.3 million HKD for short positions; the top five indices and individual stocks for long positions were the Hang Seng Index, Alibaba, Tencent, Trip.com, and China Life Insurance.
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.
KraneShares CSI China Internet ETF Options Spot-On: On December 17th, 167.67K Contracts Were Traded, With 3.23 Million Open Interest
On December 17th ET, $KraneShares CSI China Internet ETF(KWEB.US)$ had active options trading, with a total trading volume of 167.67K options for the day, of which put options accounted for 25.17%
Eight Overseas wallets have been integrated into WeChat Pay, allowing direct payment through WeChat scanning.
① WeChat Pay has added access for 8 Overseas Institutions wallets. ② WeChat Pay will also expand "outsourcing for internal use" to over 10 Overseas Institutions wallets in multiple countries and regions, including South Korea, Singapore, and Malaysia.
Express News | Alibaba: On December 16, approximately 9.9949 million dollars were spent to repurchase 0.9264 million shares.
Express News | TENCENT: On December 17, repurchased 1.74 million shares, with a total expenditure of about 0.703 billion Hong Kong dollars, at a price per share of 401.8-407 Hong Kong dollars.