The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.

In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.

wallstreetcnDec 13 07:24

Universe Pharmaceuticals Files Registration for 37.5 Million Shares

TipRanksDec 13 06:01

Universe Pharmaceuticals | 6-K: Report of foreign private issuer (related to financial reporting)

SECDec 13 05:36 · Announcements

U.S. stocks update | Universe Pharmaceuticals fell by 59.29%, making it the biggest decline among Chinese concept stocks.

On December 10th, Glonghui reported that the five Chinese concept stocks with the largest closing declines were: universe pharmaceuticals down 59.29%, Mindonghong down 23.2%, lichen china down 22.1%, nano labs down 18.7%, and Rongye Foods down 14.5%. (Glonghui)

Gelonghui FinanceDec 10 08:41

Hua Chuang Securities interprets the December Politburo meeting: five unexpected points.

① The first expectation exceeded - the economic development goals for the entire year of 2024 will be achieved. ② The second expectation exceeded - stabilizing the stock market and real estate market. ③ The third expectation exceeded - the monetary policy is set to undergo a significant change over the next decade. ④ The fourth expectation exceeded - strengthening "extraordinary" counter-cyclical adjustments. ⑤ The fifth expectation exceeded - expanding domestic demand ranking is advanced, and the保障民生保障 is intensified.

In the midst of a situation.Dec 10 07:30

Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.

Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.

wallstreetcnDec 10 00:06