Javi1909
voted
Hello Mooers!
The Chinese stock market has plunged more than 10% in these two days.
Some Mooers may be shocked by such a terrified quake, while some Mooers believe that this plunging is inevitable because of 'buy the rumor, sell the news'.
A group of Mooers believe that this is a health pullback , while another group of Mooers believe that the Chinese stocks are uninvestable.
Regardless of what may happen to the Chinese ...
The Chinese stock market has plunged more than 10% in these two days.
Some Mooers may be shocked by such a terrified quake, while some Mooers believe that this plunging is inevitable because of 'buy the rumor, sell the news'.
A group of Mooers believe that this is a health pullback , while another group of Mooers believe that the Chinese stocks are uninvestable.
Regardless of what may happen to the Chinese ...
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Javi1909
voted
If you receive $1,000,000.00 you can only invest in one of the stocks tomorrow? Which one would you buy? $NVIDIA (NVDA.US)$ or $Tesla (TSLA.US)$
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Javi1909
voted
$NIO Inc (NIO.US)$ is releasing its Q3 2023 earnings on December 5 before the bell.
How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $NIO Inc (NIO.US)$'s opening price at 16:00 PM ET December 5 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
(Vote will close on 12...
How will the market react to the company's quarterly results? Vote your answer to participate!
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $NIO Inc (NIO.US)$'s opening price at 16:00 PM ET December 5 (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
(Vote will close on 12...
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Javi1909
voted
Rewards
● An equal share of 1,000 points: For mooers who correctly guess NIO's (US-Market) closing price range on June 9 ET by 2:30 PM, June 9 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing NIO's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
Note: 1. R...
● An equal share of 1,000 points: For mooers who correctly guess NIO's (US-Market) closing price range on June 9 ET by 2:30 PM, June 9 ET. (e.g., If 50 mooers make a correct guess, each of them will get 20 points.)
● Exclusive 300 points: For the writer of the top post on analyzing NIO's earnings preview as an inspiration reward.
*The selection is based on post quality, originality, and user engagement.
Note: 1. R...
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Javi1909
liked
$UP Fintech(TIGR.US)$ It looks like we are entering the pre-holiday trading phase, I.e. the shorties need to cover before the long holidays.
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Javi1909
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Translated
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Javi1909
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Javi1909
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China's central bank has directed financial institutions to hold more foreign exchange in reserve for a second time this year, with markets interpreting it as an attempt to slow down a recent rapid appreciation of the yuan.
China's central bank announced late on Thursday that it will raise the reserve requirement ratio for banks' foreign exchange deposits for the second time this year in Beijing's latest move to curb the yuan's rally against the US dollar.
The People's Bank of China (PBOC) said it will increase the ratio from 7 per cent to 9 per cent from Wednesday next week "to strengthen foreign exchange liquidity management of financial institutions".
The move comes amid the yuan's recent strong gains against the US dollar, with the exchange rates for both onshore and offshore markets hitting their firmest levels in more than three and half years on Wednesday.
In an attempt to tame market sentiment on a firmer yuan, the official said on Thursday that the two-way volatility in the yuan has not changed and the recent rally is not sustainable once the seasonal factor and end of year transaction demand fades.
$SSE Composite Index (000001.SH)$ $Hang Seng Index (800000.HK)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$
$COSCO SHIP HOLD (01919.HK)$ $CHINA SOUTH AIR (01055.HK)$ $XPeng (XPEV.US)$ $Li Auto (LI.US)$ $NIO Inc (NIO.US)$
China's central bank announced late on Thursday that it will raise the reserve requirement ratio for banks' foreign exchange deposits for the second time this year in Beijing's latest move to curb the yuan's rally against the US dollar.
The People's Bank of China (PBOC) said it will increase the ratio from 7 per cent to 9 per cent from Wednesday next week "to strengthen foreign exchange liquidity management of financial institutions".
The move comes amid the yuan's recent strong gains against the US dollar, with the exchange rates for both onshore and offshore markets hitting their firmest levels in more than three and half years on Wednesday.
In an attempt to tame market sentiment on a firmer yuan, the official said on Thursday that the two-way volatility in the yuan has not changed and the recent rally is not sustainable once the seasonal factor and end of year transaction demand fades.
$SSE Composite Index (000001.SH)$ $Hang Seng Index (800000.HK)$ $Nasdaq Composite Index (.IXIC.US)$ $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$
$COSCO SHIP HOLD (01919.HK)$ $CHINA SOUTH AIR (01055.HK)$ $XPeng (XPEV.US)$ $Li Auto (LI.US)$ $NIO Inc (NIO.US)$
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