Hong Kong and A-shares are in high spirits! How much room is left in the market under the new round of policies?
Interest rate-sensitive growth stocks, export chains driven by usa real estate demand, Hong Kong stocks local dividends and real estate, all show greater resilience in this round of rise.
CMB International: nio inc (09866.HK) receives strategic investment, positive for cash flow and stock price.
Morgan Stanley's report stated that Nio Inc (09866.HK) disclosed receiving a total investment of 3.3 billion RMB from Hefei Jianheng New Energy Automobile Investment Fund, Anhui Province High-tech Industry Investment, and China National Investment & Guaranty Corporation Strategic Investment. At the same time, Nio Inc will invest 10 billion RMB in Nio China. Once completed, Nio's stake in Nio China will decrease from 92.1% to 88.3%. It is worth noting that Nio may also make an additional investment of 20 billion RMB in Nio China before December 25th on the same terms and conditions, potentially increasing Nio's ownership of Nio China to 90.5%.
Top Midday Gainers
Nasdaq, S&P, and Dow Tick Lower Ahead of Powell's Address
Cui Dongshu predicts that mainland automobile retail sales will reach 22.3 million vehicles this year, indicating that mainland automobiles will not be 'choked'.
China Passenger Vehicle Market Information Joint Secretary-General Cui Dongshu stated at the 'World New Energy Automobile Conference' that mainland China's retail sales volume of automobiles is expected to reach 22.3 million vehicles in 2024, with a 3% annual growth rate. The retail sales volume of new energy passenger vehicles in mainland China is expected to reach 10.4 million vehicles, with a 34% annual growth rate. At the end of last year, the China Passenger Car Association estimated that the mainland's retail sales volume of passenger vehicles in 2024 would be 22.2 million vehicles. In addition, Cui Dongshu mentioned that China plays an important role in the rapid transformation of global new energy automobiles, believing that China's automotive industry will not be 'neck and neck' as the mainland's supply chain has a strong foundation in consumer electronics.
Express News | US-listed Chinese stocks continued to rise, with the Nasdaq China Golden Dragon Index up nearly 6%.
U.S. stock market anomaly | Electric vehicle stocks rise and fall unevenly, nio inc (NIO.US) rises more than 13%.
The stocks of electric vehicles fluctuate, as of the time of writing, nio inc has risen by more than 13%.
US stock early market | The three major indices are mixed, with Apple up nearly 2%; Chinese concept stocks continue to soar, Tal Education up nearly 20%, Nio Inc up over 13%
On the evening of the 30th peking time, the US stock market opened slightly lower on Monday. Chinese concept stocks rose across the board. It is expected that the US stock market will record gains in September and the third quarter. JPMorgan is expected to adjust its options position, which may increase market volatility. Federal Reserve Chairman Powell will deliver a speech on Monday.
Express News | Ishares MSCI China ETF up 2.2%
Express News | The three major U.S. indexes opened lower collectively, with the Dow Jones falling by 0.09%, the Nasdaq falling by 0.27%, and the S&P 500 Index dropping by 0.24%. China concept stocks continued to surge, with the Nasdaq Golden Dragon Index rising by over
Dow Jones fell 200 points in early trading, Apple rose 2%, nio inc ADR soared nearly 20%.
The three major U.S. indices were weak on Monday, with the Dow opening slightly lower and falling 200 points or 0.5% in the early session; the S&P 500 index and the Nasdaq also opened lower by about 0.2%. In terms of heavyweight stocks, Apple (AAPL.US) performed relatively well, rising 2%, Tesla (TSLA.US) up about 0.8%; Nvidia (NVDA.US) down 0.6%, Boeing (BA.US), and JPMorgan Chase (JPM.US) fell by around 2%. Chinese concept stocks showed a more significant upward trend, with mainland electric car manufacturer Nio Inc (NIO.US) announcing a 13.3 billion yuan investment in Nio China, while strategic investors will invest 3.3 billion.
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday Ahead of Powell's Speech on Economic Outlook
Shorts liquidation! Foreign funds crazily rushing into call options, the slogan of 'bullish on China' echoing on Wall Street.
Last week, everything about the Chinese stock market seemed to have changed. Looking at the international markets, the Wall Street investment banks and hedge fund institutions, who have long been cautious about the Chinese stock market, suddenly turned overwhelmingly bullish on Hong Kong stocks and A-shares, with a collective voice of "long China" echoing through Wall Street.
US Stock Market Outlook: Chinese concept stocks continue to rise! Ke Holdings, Nio Inc. surged more than 14% before the market opens; Powell will take the stage tonight, the US stock market will face another big test of 'non-farm' this week.
China concept etfs continue to soar, with china's small and medium-sized enterprise board and gem etf surging by over 15%; goldman sachs points out that as the economy normalizes, the premium on quality usa stocks is decreasing.
Market-Moving News for September 30th
Nio China to Receive $470.6 Million Investment From Strategic Investors
11 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
Shares of US-listed Chinese Companies Are Trading Higher on Continued Strength Amid Stimulus Efforts. September PMI Data Beat Estimates but Factory Activity Fell, Which May Raise Stimulus Hopes.
Nio Shares Are Trading Higher After Investors Agreed to Invest an Aggregate of 3.3 Billion Yuan in Its Nio China Subsidiary While the Company Agreed to Invest 10 Billion Yuan.
One image to understand | The list of bull and bear stocks in the US stock market in September is out! Chinese concept stocks have surged, nio inc and Xiaopeng soared over 60% this month; this year skyrocketed more than 2 times! Electrical utilities giant
This month, the Federal Reserve significantly lowered interest rates by 50 basis points to start a loose cycle, greatly alleviating the market's concerns about a US stock economic recession. The expectation of a 'soft landing' continues to heat up, with all three major US stock indices recording gains. As of now, the Nasdaq has risen 2.29% this month, the S&P 500 has risen 1.59%, and the Dow has risen 1.8%.