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Bipartisan senators request a grace period for TikTok: they wrote a letter urging Biden to postpone the ban by 90 days.
Senators Ed Markey and Rand Paul urged Biden to extend the deadline for ByteDance to sell TikTok by 90 days; these two lawmakers stated that the ban legislation might be overturned by the Supreme Court and could affect freedom of speech in the USA, so the deadline should be appropriately postponed; the USA Supreme Court is reviewing the appeal filed by TikTok and will hold a debate in January.
Changes in US stocks 丨 Jiuzi Xinneng rose 63.39%, making it the biggest increase in China's securities
Glonghui, December 12 | The top five individual stocks with a closing increase of Jiuzi Xinneng were: Jiuzi Xinneng rose 63.39%, smart charging rose 38.78%, Gongji rose 29.63%, 51Talk rose 15.66%, and Zhibao Technology rose 11.82%. (Gelonghui)
US stocks are moving unusually | The cumulative net loss for the first three quarters has reduced by nearly 62% year-on-year, Yunji (YJ.US) has risen nearly 33% in pre-market trading.
On Wednesday, Yunji (YJ.US) rose nearly 33% in Pre-Market Trading, reaching $2.15.
Express News | HTSC: 0.6 billion yuan in viewing consumption subsidies will help the movie industry recover. It is recommended to pay attention to investment opportunities in the Sector.
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.
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%.
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