NTES241004C90000
- 4.60
- -0.16-3.36%
NetEase Newsroom
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.
Express News | U.S.-Listed Shares of Chinese Firms Rise as Domestic Stocks Extend Rally
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.
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.
NetEase, Inc. (NASDAQ:NTES) Shares Could Be 43% Below Their Intrinsic Value Estimate
US stocks close | US PCE inflation cools down, S&P Nasdaq falls but Dow hits new high; China concept index surges 24% for the whole week, jd.com hits fourteen-month high.
US PCE inflation cooling solidifies the confidence of the Fed in rate cuts, but US stocks fell in the afternoon, with nvidia dropping nearly 4% at one point. China's stimulus policies drove the Chinese concept index up by 4%, nio inc rose by nearly 13%, pan-European stock indexes and German stocks hit new highs for two consecutive days, luxury goods stocks rose again. The Dow, S&P, and Nasdaq have all risen for three consecutive weeks, with two China-focused ETFs achieving the best weekly gains in history.
Gaming sales revenue skyrocketed by 21% in a single month! A total of 109 new game licenses were issued this time!
Another batch of game publishing licenses have been successfully issued, with as many as 109 licenses issued this time. On September 27th, the National News Publishing Administration's official website released the approval information for domestic online games in September 2024. A total of 109 domestic online games have obtained licenses, with the number of approved domestic online games consistently exceeding one hundred. In terms of application categories, this time 48 mobile games obtained licenses, while 54 games obtained licenses for mobile-leisure puzzle products, and 5 games simultaneously obtained licenses for mobile, PC, and other multi-platform versions. 1 game obtained a client game license, 1 game obtained both a client and console game license. Many listed companies.
Express News | Li Auto up 1.3%, JD.com up 3.2%, NIO up 4.5%, Xpeng up 4.2%
Express News | Kraneshares CSI China Internet ETF up 2.2%
Express News | PDD Holdings up 3.3%, NetEase up 2.6%, Baidu up 1%
Express News | Alibaba up 0.7%, Bilibili up 0.9%, Tencent Music Entertainment up 4.4%
Express News | U.S.-Listed Shares of Chinese Firms Rise on New China Stimulus
Maotai is coming back!
Duān Yǒngpíng wins the game.
US stock market outlook | As expected! USA's core PCE in August rose by 2.7% year-on-year, short-term pull-up of the three major index futures; Making a fortune! Well-known major short sellers bet on Chinese concept stocks to usher in a glorious moment
Before the market opened on Friday, the three major equity index futures fell slightly, with the market waiting for PCE data; tesla's 0-interest car purchase event was postponed again; jd.com continued to rise by over 2% before the market, Alibaba and jd.com will open up to each other.
Putting half of his wealth into Chinese concept stocks, 'The Big Short prototype' Michael Burry made a profit this time.
As of June 30th, stocks of Alibaba, baidu, and jd.com together account for about 46% of Burry's entire investment portfolio. Billionaire investor David Tepper previously stated that now is the time to 'buy everything', as Chinese stocks still have a lot of upside potential.
Foreign capital unanimously bullish! Morgan Stanley, Goldman Sachs support the Chinese stock market, hedge fund tycoons shout out: buy all Chinese assets.
①Morgan Stanley believes that, from a technical perspective, the China CSI 300 Index may still have about 10% upside potential in the short term; ②Goldman Sachs said that once the US election is over, the Chinese stock market should be an important part of investors' investment plans; ③Hedge fund legend David Tepper said he didn't expect such a strong policy stance from China, and he will buy all Chinese assets.
The central bank has launched two measures at the same time! The reserve requirement ratio is reduced by 0.5 percentage points, and the 7-day reverse repurchase operation interest rate is lowered by 20 basis points.
Starting from September 27, 2024, the reserve requirement ratio for financial institutions is reduced by 0.5 percentage points. After this reduction, the weighted average reserve requirement ratio for financial institutions is approximately 6.6%.
Global stock markets welcome the 'most call morning of the year,' as Goldman Sachs fund flow experts exclaim that this 'china trade' is different from the past.
Goldman Sachs expert Rubner mentioned that FOMO is starting to appear locally in China; in the past 48 hours, he conducted more China-related Zoom calls than all related meetings within this year; short-term traders in Goldman Sachs PB business have been buying Chinese stocks for eight consecutive days, with the net buying amount of Chinese stocks in PB business this Tuesday reaching the second highest level in ten years, almost entirely from long positions.
What happened tonight? Major policy bullish surprise, foreign capital collectively optimistic, china assets booming!
On the evening of September 26, Chinese assets soared, with Chinese concept stocks, China assets etf, ftse china a50 index futures, Hang Seng index futures, and RMB exchange rates all skyrocketing.
Shares of Chinese Stocks Are Trading Higher Following a Report Suggesting China Will Issue up to $284 Billion of Sovereign Debt as Part of a Stimulus.