September's hottest gold stock rose more than 70%! Brokerage: the post-holiday money-making effect will continue.
The golden stocks for October have been announced.
This Chinese Electric Vehicle Stock May Be the Biggest Sleeper in the Sector
Express News | China Council for the Promotion of International Trade (CCPIT): Firmly opposes the EU's imposition of anti-subsidy duties on Chinese electric autos and actively supports both China and the EU to continue resolving differences and addressing frictions thro
US stocks close | The three major indices all rose, with the Dow hitting a new closing high, tesla up nearly 4%; the China Golden Dragon Index rose more than 3%, up nearly 12% for the week.
The S&P 500 rose 0.2% for the week, while the Dow was slightly up, the Nasdaq rose 0.1%, the chip index fell 0.2%, and the small cap index fell 0.6%. The S&P energy sector surged over 7% for the week, marking its best performance in nearly two years.
Express News | Xpeng CEO He Xiaopeng: Selling cars in Europe is about bringing technology over, not offering cheap substitutes.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
EU Votes To Impose Tariff On China EVs, Beijing Warns On Harms
jpmorgan shares in multiple Chinese companies such as Xiaopeng.
JPMorgan significantly increased its investments in assets in China. In a single trading day, JPMorgan invested approximately 1.286 billion Hong Kong dollars in stocks of several large Chinese companies. According to data from the Hong Kong Stock Exchange, JPMorgan increased its shareholding in xpeng by around 0.639 billion Hong Kong dollars, raising its ownership stake from 4.57% to 5.35%. Additionally, it increased its investment in Kanzhun by approximately 0.138 billion Hong Kong dollars, raising its shareholding from 9.88% to 10.05%. The investment bank also increased its shareholding in Zijin Mining Group by 0.222 billion Hong Kong dollars, raising its ownership stake from 6.98% to 7.
U.S. stock market morning session | September non-farm payroll data far exceeded expectations, with the three major indices opening higher before falling back slightly; most technology stocks rose, with AMD, tesla, and amazon up more than 2%.
As of press time, the Dow rose by 0.63%, the Nasdaq rose by 1.03%, and the s&p 500 index rose by 0.68%.
Foreign capital accelerates the establishment of assets in China, with JPMorgan recently sweeping over 8 billion Hong Kong dollars.
Gelonghui October 4th | JPMorgan continues to increase its holdings of China assets! Data disclosed by the Hong Kong Stock Exchange this evening shows that on September 30, JPMorgan increased its shareholding in Xpeng by approximately 0.639 billion Hong Kong dollars, increasing its position from 4.57% to 5.35%; increased its shareholding in Kanzhun by approximately 0.138 billion Hong Kong dollars, raising its stake from 9.88% to 10.05%; increased its shareholding in Zijin Mining Group by approximately 0.222 billion Hong Kong dollars, increasing its stake from 6.98% to 7.19%; increased its shareholding in Conch Cement by approximately 0.287 billion Hong Kong dollars, raising its stake from 5.56% to 6.53%. In other words, JPMorgan once again made significant purchases of around 12 billion Hong Kong dollars in a single day.
US stock market outlook: US September non-farm data higher than expected! Three major futures indicators surge in a straight line; will Chinese concept stocks continue to climb? Morgan Stanley: If short positions cover, it will push up the upward trend.
Bank of America: China stock fund saw the second highest inflow scale in history in the past week; European Central Bank Governing Council: inflation is under control, concerns arise as labor market cools down; spirit airlines plunged 33% before the market, the company is discussing potential bankruptcy application terms.
Express News | Xpeng: JPMorgan increased its shareholding by about 0.639 billion Hong Kong dollars.
Express News | Spokesperson of the Ministry of Commerce answers questions on the provisional ruling draft on the EU's vote on electric car anti-subsidy case.
Express News | The European Commission's proposal to impose anti-subsidy tariffs on electric vehicles from China has been approved.
US Stocks Gold Rush | Silicon Valley giants speak up again for AI power usage! Nuclear power stocks VST, CEG both hit record highs; Middle East tensions ignite fuel prices, valero energy, marathon petroleum surge over 5% overnight.
In terms of leading giants hitting new highs in the US stock market, Meta rose 1.74% to the top of the rankings, exxon mobil rose 0.87%, and Fidelity Financial Services rose 0.5%.
[Brokerage Focus] citic sec points out strong demand in peak season, overweighting autos sector
Golden Finance News | Citic Securities stated that the peak season demand is strong, overweighting the automotive sector. Driven by policies and peak season demand, the bank expects passenger vehicle sales volume in Mainland China in September to grow by more than 5% year-on-year. The bank noticed that major electric vehicle manufacturers like Leapmotor (09863), Li Auto Inc (02015), byd company limited (01211), and Xiaopeng (09868; driven by MONA) have good momentum in orders and deliveries. Due to strong sales and low discounts, the bank expects leading OEMs to have a good profit performance in the third quarter of 2024. In addition, the bank believes that both tesla (TSLAUS) and china
"Bull market leader" sends a heavy signal, market optimism continues to rise! Is a major trend about to emerge?
The brokerage sector has always been a barometer of bull markets. Today, brokerage stocks once again surged across the board, indicating that the market still holds a generally optimistic outlook for the future performance of the Hong Kong stock market.
Express News | Hong Kong-listed new energy vehicle makers continue to decline, with NIO Inc., Xpeng both falling more than 5%, and Li Auto Inc. dropping more than 2%.
Latest data exposed! Foreign investment accelerates building positions in Chinese assets, with multiple stocks ratings upgraded.
More and more data confirms that during this round of A-shares and Hong Kong stock market rallies, foreign capital has been actively buying Chinese assets.
Express News | US stocks night trading: Chinese concept stocks and etfs rose slightly, fangdd network rose more than 2%.