Copper prices fell 20% and fell below $9,000. Bulk analyst: long-term investment will have returns!
① According to the senior analyst Reid I'Anson, although short-term selloffs are inevitable, those who continue to invest in copper may receive returns in the long run. ② He said, "Currently, the stories around electric cars and artificial intelligence are long-term stories... In the long run, we are still bullish and believe that copper looks like a good investment."
Global investors are scrambling to avoid the impact of the "US election"! Is gold one of the safe havens?
Investors are wary of further sell-offs and are looking at small-cap stocks, United Kingdom assets, and gold as possible safe havens.
Gold returns to $2,430! World Gold Council supports: Investors will continue to flock in.
Gold may have broken free from the 'old rules', and this risk will continue to encourage investors to buy gold.
Mid-day Brief: The three major indexes fell together, with the NASDAQ dropping over 1%. Semiconductor and Apple supplier stocks fell, with BYD Electronic and Hua Hong Semi dropping over 5%.
As of press time, Hang Seng Index fell by 0.41%, CSI 300 fell by 0.47%, and ChiNext fell by 1.31%.
Nanshui significantly increased its holdings of Tencent by more than 1 billion Hong Kong dollars, and sold more than 0.3 billion Hong Kong dollars of Meituan; Nanshui bought more than 0.5 billion yuan of Zijin Mining Group.
Southbound funds bought a net amount of HKD 3.692 billion today. Among them, tracker fund of hong kong, tencent, and csop hang seng tech index etf ranked in the top three with net purchases of HKD 1.286 billion, HKD 1.011 billion, and HKD 0.277 billion, respectively.
Biden's withdrawal triggered turbulence in Monday's opening: the US dollar fell, gold surged, and US futures rose.
In the early Asian trading on Monday, global markets have been focused on the news of Biden's withdrawal, triggering a preliminary market reaction. Some typical "Trump trade" represented by long-dollar and betting on the steepening of the US Treasury yield curve showed signs of sluggishness and decline in the early morning of the day. Meanwhile, US stock futures opened slightly higher on Monday, and gold rose in a safe-haven atmosphere of increasing uncertainty in US politics.