China Central Bank Cuts Rates to Boost Economy Amid Tariff Threat
Asia Markets Mostly Rise on US-China Trade Talk Optimism; India Dips Amid India-Pak Tensions
China Lowers Rates and Makes Bank Lending Easier in Response to Tariffs
Express News | China's Official: Will Lower Interest Rates on Structural Policy Tools by 25 Bps; Guide Commercial Banks to Lower Deposit Rates; To Help A-Share Listed Companies Affected by Tariffs to Cope With Difficulties
Express News | In Overnight Trading, U.S.-Listed Chinese Stocks and ETFs Surge After China's Official Announces Series of Policies; DUO Surges 17%, BEKE Rises 4%; Alibaba, JD and Bilibili Rise 2%, YINN Up 4%, CWEB Rises 3%
The A-share International Board under ANT GROUP CO., LTD. may launch an IPO.
① After the Listing As a Whole of ANT GROUP CO., LTD. was put on hold, ANT International, registered in Singapore, may consider a separate listing in Hong Kong. Discussions with relevant authorities regarding this possibility are currently underway. ② Recently, ANT International also issued a letter to all employees, requiring cost control and efficiency improvements. On March 19, 2024, ANT International will be spun off from ANT GROUP CO., LTD. to operate independently in the market. One significant meaning of the spin-off from ANT GROUP CO., LTD. is the ability to independently finance and bear profits and losses.
U.S. stocks closed: Trade uncertainty rises, and the three major Indexes collectively declined.
① The CEO of NVIDIA stated that the AI market in China is expected to reach 50 billion dollars; ② AMD's revenue in the first quarter was 7.44 billion dollars, a year-on-year growth of 36%; ③ Super Micro Computer's net sales in the third quarter were 4.6 billion dollars, falling short of expectations.
China Service Growth Hits 7-month Low as Trade Disruptions Weighs on New Business Orders
After ongoing fluctuations, the market may be nearing a directional choice, with the AI, Siasun Robot&Automation, and other Technology growth sectors likely to rebound.
Looking back at the market situation before the festival, the market has been in a state of fluctuating consolidation, and the atmosphere of market observation remains quite strong.
U.S. stocks closed: The three major Indexes all fell, with Berkshire dropping over 5%.
① Apple issued bonds for the first time in two years; ② The Board of Directors of Berkshire Hathaway voted to appoint Abel as CEO, while Buffett continues as Chairman; ③ The reorganization plan of OpenAI had to change and will continue to be controlled by a nonprofit entity.
Fund Update: Migdal Insurance & Financial Holdings Ltd. Opened a $126.1M Position in $KWEB Stock
Today's Pre-Market Movers and Top Ratings | NFLX, BRK.B, GOLD and More
The record for the "hottest" in history has been refreshed, with the tourism market blossoming in multiple areas during the May Day holiday.
1. Multiple OTA platforms such as Qunar and TONGCHENGTRAVEL report that this year's "May Day" domestic tourism market has set a record for being the "hottest ever." 2. Orders for inbound travel during "May Day" have doubled, and some travel agency guides have already scheduled tours until late June. Cruise travel is recovering, and cabin availability for "May Day" voyages has sold out early.
Asia Stocks Gain on China's Potential U.S. Trade Talks, U.S. Futures Edge Lower to Start the Week
4 Consumer Discretionary Stocks Whale Activity In Today's Session
Express News | U.S.-listed Chinese stocks surge at the opening, with Alibaba up over 4%.
Shares of US-listed Chinese Stocks Are Trading Higher on Reports Indicating China's Commerce Ministry Is Assessing Possible US Trade Talks.
Express News | Alibaba up 4.2%, PDD Holdings up 2.7%, Baidu up 2.5%
Express News | Ishares MSCI China ETF up 2.5%, Ishares China Large Cap ETF up 2.6%, Kraneshares CSI China Internet ETF up 3.1%
Express News | JD.com up 3.6%, Li Auto up 2.9%, NIO up 3.8%, Xpeng up 6.8%