US stock market fluctuations | Weibo pre-market dropped over 5%. Institutions expect the company's advertising revenue may resume a declining trend.

On December 10, Glonghui reported that Weibo (WB.US) had fallen over 5% in pre-market trading to $10.03. According to a report released by Jianyin International, Weibo's third-quarter performance exceeded both the bank's and market expectations, with the biggest highlight being stable advertising revenue driven by the Paris Olympics. However, following the conclusion of the Olympics, the company's advertising revenue may resume its declining trend. Until there is more clarity on Weibo's recovery timeline, the bank conservatively predicts a 4% year-on-year decline in the company's fourth-quarter revenue, with no growth projected for next year. The bank has raised Weibo's earnings forecast for this year by 4% to reflect the better-than-expected third-quarter performance, but forecasts for 2025.

Gelonghui FinanceDec 10 17:38

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

Bullish surprise! A50 and Hong Kong stocks surged, china assets etf collectively skyrocketed, and the 3x long FTSE china etf jumped nearly 18% in pre-market trading.

Just now, the Hong Kong stock market surged sharply, with the hang seng tech index rising over 4% and the hang seng index increasing by 2%. The ftse china a50 index futures also surged, at one point rising over 4%.

Brokerage chinaDec 9 16:49

The Political Bureau of the Central Committee of the Communist Party of China: Implement more proactive macro policies, expand domestic demand, promote the integration of technology innovation and industrial innovation, and stabilize the real estate and s

The Political Bureau of the CPC Central Committee held a meeting on December 9 to analyze and study the economic work in 2025; listened to the work report of the Central Commission for Discipline Inspection and State Supervision Commission, and discussed the arrangements for the party's work style and anti-corruption work in 2025. General Secretary of the CPC Central Committee **** presided over the meeting.

CCTV NewsDec 9 15:29

Weibo Target Price Raised to HK$83.00 From HK$72.00 by Deutsche Bank >WB

Dow JonesDec 5 16:14 · Ratings