Shares of US-listed Chinese Stocks Are Trading Lower as the Sector Pulls Back From Recent Strength. These Companies Rallied After the People's Bank of China Announced a New Stimulus Package Ahead of the Golden Week Holidays.
US stock market outlook: Three major futures indexes narrowed their pre-market declines, with most Chinese concept stocks weakening; Goldman Sachs is once again 'rooting' for the S&P! US stocks will see a big rise at the end of the year.
The Fed leads the way! The global rate cut pace is beginning to accelerate significantly; ongoing strikes at US ports lead to a sudden increase in inflation risks; Berkshire Hathaway plans to issue yen bonds for the second time this year, analysts say Buffett may be eyeing financial and shipping stocks.
PDD Holdings (PDD) Moves 4.9% Higher: Will This Strength Last?
Is PDD Holdings Inc. (PDD) the Best Cheap Rising Stock to Invest In?
Funds are rushing to buy in large quantities! Several Chinese concept stocks, china assets etfs have doubled, who is betting on them?
Behind the recent rise in Chinese assets, foreign capital with keen sense of smell is undergoing significant changes, returning to the Chinese market has become the hottest topics now.
Express News | Ishares MSCI China ETF Down 2.5%, Ishares China Large Cap ETF Down 2%, Kraneshares CSI China Internet ETF Down 3.2%
Express News | PDD Holdings Down 3.5%, NetEase Down 1.4%, Baidu Down 3%
Express News | Alibaba Down 2.3%, Bilibili Down 6.1%, Tencent Music Entertainment Down 3.4%
Express News | U.S. Listed Shares of Chinese Firms Fall Premarket After Hong Kong Stocks Close Lower
Major news! The global market unanimously bullish on assets in China, overseas asset management accelerates layout.
From the latest signs, the global market's enthusiasm for assets in China shows no signs of diminishing.
Furui raises target prices for Tencent (00700.HK), Alibaba (09988.HK), and jd.com (09618.HK) in the coming year positive outlook.
Furui's report states that referencing the performance of the internet industry cycle in the past 20 years, key events can trigger re-rating and changes in valuation methods. With a series of recent policy measures introduced, it is expected to be crucial for the future recovery of the internet industry. It maintains a 'buy' rating on the mainland internet industry for 2025. Due to the low industry valuation of the e-commerce sector, Furui expects to benefit from potential valuation reassessment, with target prices for PDD Holdings (PDD.US), Alibaba (09988.HK), and jd.com (09618.HK) raised to $181, HK$137, and HK$210 respectively.
China's assets across the board surged, with foreign institutions rushing to buy in frenzy.
Mark Mobius, known as the "father of emerging markets", recently expressed the view that under stimulus measures, the Chinese stock market is rejuvenated, with the intensity and timing of this round of stimulus exceeding expectations.
Express News | Market research institutions: Using history as a reference, Chinese stocks still have room to rise.
Futubull Morning Post | Chinese concept stocks continue to surge! Triple long on the FTSE China ETF, soaring nearly 22%; Huang Renxun makes a big statement! Blackwell chip demand "crazy".
Raising the bullish flag! Goldman Sachs reiterates its optimism on the stock market in china and states that the S&P may break through 6000 points by the end of the year; Q3 deliveries fall short of expectations! Tesla drops more than 3%; Institutions: Net inflow of foreign capital into Hong Kong stocks since mid to late September amounts to 39.6 billion Hong Kong dollars, surpassing southbound funds.
Goldman Sachs experts continue to be optimistic about Chinese concept stocks, reiterating that "this time is different" in trade with China, suggesting that the S&P may break through 6000 points by the end of the year.
Rubner stated that the recent mismatch between supply and demand in the US stock market has led to a downward market volatility. Large buyers of US stocks in listed companies were only "unblocked" for buybacks until October 25th this year, while the US stock market will experience seasonal rebound by the end of the year.
Trading volume TOP 20 | Chinese concept stocks continue to rise strongly, pdd holdings, jd.com up more than 4%; Q3 delivery volume lower than expected, tesla down more than 3%.
Nvidia topped the list of US stock turnover on Wednesday, rising by 1.58% with a turnover of 26.139 billion USD; followed by Tesla in second place, dropping by 3.49% with a turnover of 23.232 billion USD; and Apple in third place, rising by 0.25% with a turnover of 7.429 billion USD.
PDD Holdings Options Spot-On: On October 2nd, 551.92K Contracts Were Traded, With 1.77 Million Open Interest
On October 2nd ET, $PDD Holdings(PDD.US)$ had active options trading, with a total trading volume of 551.92K options for the day, of which put options accounted for 40.61% of the total transactions,
Unusual Options Activity: NU, JD and Others Attract Market Bets, NU V/OI Ratio Reaches 203.4
EST Oct 2nd Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
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