NVDA
NVIDIA
-- 107.630 TSLA
Tesla
-- 259.001 PLTR
Palantir
-- 84.355 AMZN
Amazon
-- 189.640 GOOG
Alphabet-C
-- 156.005 
Key Highlights from Yesterday's Trading Session (9/6) :
1. Beijing Restricts iPhones for Government Workers
Beijing directs some government workers in key departments to stop using iPhones for national security reasons, including investment, trade, and international affairs departments. The ban coincides with Huawei's Mate 60 Pro launch. It may signal further tech sector containment efforts, possibly extending to the private sector.
2. China’s Listed Companies Report 9.6% Q2 Earnings Decline
Over 5,000 listed Chinese companies saw a 9.6% YoY earnings decline in Q2, with property, raw materials, and energy sectors hit hardest. Foreign investors sold a record $12 billion of onshore stocks in August due to disappointing corporate results. China's market trades at a historically low PE ratio of 10X.
$Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$ $BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $PDD Holdings (PDD.US)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $XPeng (XPEV.US)$ $XPENG-W (09868.HK)$ $BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$
3. China’s Gaming Market Sees 37.5% Revenue Surge in July
China's video gaming market revenue grew 37.5% YoY to $3.9 billion in July, with mobile gaming accounting for 77% of the total. Tencent's 'Honor of Kings' and 'Game for Peace' were top-grossing titles. A loosening regulatory environment led to faster game approvals.
4. China Removes Property Purchase Restrictions to Boost Demand
Chinese state media reports the immediate removal of property purchase restrictions in non-1st tier cities. Restrictions on home ownership, loans, and sales meant to curb speculation are now lifted. This move aims to boost demand in sought-after cities and regions, potentially driving up real estate values. Watch real estate sales performance in the coming weeks for impact. Shares of mainland China developers surged on this news, some doubling in a day.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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HopelessChi : China is gone. the index and how the country is now seem very fragile. investors fleeing. tech war ongoing. avoiding China. nothing is stopping the index to plunge further. saving over investment. China have nothing afterall.
Alx Lm : So.what if apple is banned..
1 person can have more than 1 handphones
When u play Pokémon, what phone would u use?
When u need to do internet banking via yr hp what hp would u used?
Does yr bank supports the 3rd party china os?
Arman Khan 555 :
李倩倩 : China plans to invest US$40 billion in local chip industry