Express News | He Lifeng: The Chinese and U.S. sides should jointly uphold, implement, and consolidate the important consensuses and outcomes of the summit between the heads of state, promoting the stable development of Sino-U.S. economic and trade relations.
Market Snapshot | The Hang Seng TECH Index turned positive in the afternoon session, while the Hang Seng Index and H-share Index rose nearly 1%. Stocks related to internet healthcare, new consumption, and innovative pharmaceuticals performed well througho
Technology and internet stocks rose, with Alibaba-W down 2.24% and Baidu Group-SW down 1.86%; real estate developer stocks climbed collectively, with Sun Hung Kai Properties up 5.38% and China Resources Land up 3.58%; photovoltaic solar stocks generally fell, with GCL Technology down 7.04% and Xinte Energy down 6.03%.
Hong Kong Stocks Midday Review | Mixed performance across the three major indices: Hang Seng Index up 0.63%, Tech Index down 0.41%; Divergence in tech stocks, with Xiaomi rising over 2% and Alibaba falling nearly 3%; Recovery seen in new consumption and i
Technology and internet stocks declined, with Baidu Group-SW down 2.64% and Alibaba-W down 2.56%. Solar energy and photovoltaic stocks broadly fell, with GCL Technology plunging 10.56% and Xinjiang Xinte Energy dropping 7.49%. Meanwhile, oil stocks rose, as PetroChina gained 3.29% and CNOOC increased by 3.04%.
As the U.S. government shutdown is about to end, Morgan Stanley has prepared a timeline for the return of data.
As the U.S. government shutdown nears its end, market focus is shifting from the political deadlock to the release schedule of the backlog of economic data and its implications for the Federal Reserve's December interest rate decision.
Futu Morning Brief | Big short seller Michael Burry claims AI giants are inflating profits, AI-related stocks broadly decline; ADP data indicates a slowdown in the labor market in October, boosting expectations for interest rate cuts; AMD pledges to captu
Hot News: Michael Burry, the famous 'Big Short' investor known for predicting the U.S. subprime mortgage crisis, has once again made waves by targeting the most high-profile artificial intelligence (AI) sector in the U.S. stock market. He accused several of the largest American technology companies of inflating profits through aggressive accounting practices amid the AI boom. Meanwhile, senior executives from Wall Street's major investment banks and well-known short sellers have frequently issued warnings, suggesting that the U.S. stock market may experience a correction. On Monday local time, Burri stated
Market Snapshot | Three major indices closed higher, with the technology index up 0.15%; semiconductor stocks showed mixed performance, with Hua Hong Semiconductor down nearly 4% and Enno Silicon up nearly 2%; XPeng Motors surged nearly 18%, hitting a mor
Technology and internet stocks declined, with Baidu Group-SW rising 2.31% and Alibaba-W dropping 1.84%. Hong Kong retail stocks generally advanced, as Milan Station fell 6.54% while Samsonite International gained 2.32%. Property services and management stocks performed strongly, with Evergrande Property Services up 4.51% and China Resources Mixc Lifestyle Services climbing 3.88%.