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"Fortune" praises the list of top chinese companies, with companies like Tencent and jd.com standing out in the internet technology sector.
Fortune magazine released the '2024 Most Admired Chinese Companies' list, in which the performance of internet technology companies is particularly outstanding, with a total of 9 companies on the list. Companies like Tencent (00700.HK) and JD.com (09618.HK) have significantly improved their rankings compared to last year. Other companies on the list include ByteDance, Xiaomi (01810.HK), Alibaba (09988.HK), KE Holdings (02423.HK), Didi Global, Meituan (03690.HK), and Trip.com (09961.HK).
Express News | In 2024, the most admired Chinese companies announced by Fortune china lit for the first time entered the list.
Bocom Intl: Local mobile game large cap flat in October, tencent(Silver) steady turnover.
Bocom Intl maintains the expectation of accelerated growth in Tencent's (00700) mobile game revenue for the third and fourth quarters (16%/21%).
Futu Morning Post | Global Attention! The USA election enters the final showdown moment; Goldman Sachs: Fasten your seatbelts on election day, any clear outcome will severely impact the volatility of US stocks.
Technology giants drive the simultaneous rise of the three major indexes, with nvidia's market cap rising to first in the world; super micro computer falls nearly 15% after-hours, second-quarter net sales outlook lower than expected.
US stocks closed: Technology giants drive all three major indexes up, while Trump Media Group plunges at the end of the session.
①Nvidia becomes the "global stock king"; ②Apple warns: future products may not be as lucrative as the iPhone; ③Super Micro Computer's post-market trading in the US stock market fell by more than 10%; ④Zuckerberg's nuclear energy AI ambitions thwarted by bees.
Express News | Ishares China Large Cap ETF up 2.8%, Kraneshares CSI China Internet ETF up 3.1%
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket as Domestic Stocks Close at 4-Week High
Express News | Li Auto up 2.1%, JD.com up 2.4%, NIO up 3.9%, Xpeng up 4.9%
Express News | PDD Holdings up 2.3%, NetEase up 1.5%, Baidu up 2.5%
China A-Share Earnings Could See Notable Recovery in 1H
IDC: The market size of China's game cloud reached $0.91 billion in the first half of 2024, a year-on-year increase of 5.9%.
International Data Corporation (IDC) has released the latest report on China's Game Cloud Market Tracking in the first half of 2024.
In the report, netease (NTES.US) is expected to see a 6% year-on-year decline in third-quarter revenue, with adjusted pre-tax profit down 4% to 8 billion RMB.
Lyon released research reports indicating that Netease (NTES.US) is expected to disappoint in the third quarter of this year, with total revenue expected to decline by 6% to 25.7 billion RMB year-on-year; adjusted pre-tax profit is expected to decline by 4% to 8 billion RMB year-on-year.
US stocks closed: Trump, Harris concept stocks rose together, Chinese concept stocks remained stable and rose.
1. The market is filled with a wait-and-see attitude, with all three major indexes collectively falling. 2. Trump's media technology group rebounded after hitting bottom. 3. Photovoltaic and clean energy concept stocks strengthened collectively. 4. Reports claim that Nvidia will distribute Super Micro Computer orders to other suppliers.
Express News | China's game IP market actual sales revenue reached 196 billion yuan in the first three quarters, with an increased share of PC game IPs.
NetEase (SEHK:9999) Faces Dividend Decrease Amid Strong Market Position and Earnings Growth
NetEase-S (09999.HK): will announce third-quarter performance on November 14.
Sina Finance on October 31st: Netease-S (09999.HK) announced that the board of directors will hold a board meeting on November 13, 2024 (Wednesday) (Peking/Hong Kong time) to approve the unaudited performance and announcements for the three months ending September 30, 2024, as well as proposals such as distributing the quarterly dividend. The company will announce the performance on the Hong Kong Stock Exchange website around 6:00 pm on November 14, 2024 (Thursday) (Peking/Hong Kong time). The conference call and synchronous webcast related to the performance will be held on November 14, 2024.
NTES-S: DATE OF BOARD MEETING AND DATE OF PUBLICATION OFTHIRD QUARTER 2024 EARNINGS ANNOUNCEMENT
Youdao to Report Third Quarter 2024 Financial Results on November 14
China's PMIs Show Glimmers of Improvement Ahead of NPC
U.S. stocks closed | The three major indexes all fell, technology stocks weakened, super micro computers plummeted over 32%, AMD dropped over 10% after earnings; overall decline in Donald Trump concept stocks, DJT fell over 22%.
The economic data in the USA is mixed, with the market adjusting down significantly to expectations of a large interest rate cut by the European Central Bank and rate cuts by the United Kingdom in December. US stocks fell across the board, with the chip index dropping by over 3%, nvidia falling by over 3% at one point, Chinese concept stocks dropping by over 2% before halving the decline, and li auto inc turning upwards by nearly 2%.