102262070
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$GENM (4715.MY)$ why is GENM going down when the crowd at Genting Highland is crowdED??
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$MEGAFB (5327.MY)$ I'm quite lucky too, both Azam jaya and Megafb I applied for IPO, but the one that got selected was the one that dropped in value, couldn't get the one that went up, do you think it's a scam?
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102262070
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Both major US indexes hit new highs, with the S&P 500 and the Dow Jones Industrial Average rising for a second consecutive day. Nvidia surged over 2%, reaching a historic high in four months, becoming a significant force supporting the rise of US stocks.
Meanwhile, Chinese concept stocks index experienced a decline of over 2%. Xpeng and Nio Inc dropped by nearly 10% and over 7% respectively, while PDD Holdings also fell by 6%, hitting the lowest point of the month. Offshore RMB dropped by nearly 300 points mid-day, breaking through 7.10 to reach a new low in over a week.
In China's financial markets, new social financing in September reached 3.76 trillion yuan, with new RMB loans totaling 1.59 trillion yuan. Boosted by the stock market rebound, M2 money supply growth rate rose to 6.8%, while M1 money supply continued to decline. At the same time, the phenomenon of early repayment by residents has somewhat decreased recently.
In the international market, the USD index rebounded to a two-month high as US bonds were closed, while the yen hit a low of over two months. Bitcoin prices surged by nearly $4000 mid-day, breaking through the $66,000 mark, hitting a high in over two weeks.
Nvidia's stock price surge is benefiting from high expectations for its new Blackwell chip. In a recent lengthy interview, CEO Huang Renxun mentioned that Artificial General Intelligence (AGI) is imminent, and AI is expected to completely change productivity, further fueling investors' enthusiasm.
Taiwan Semiconductor's financial report is highly anticipated. HSBC's research report predicts that TSMC's performance will continue to stay at the high end of expectations. HSBC Bank also stated...
Meanwhile, Chinese concept stocks index experienced a decline of over 2%. Xpeng and Nio Inc dropped by nearly 10% and over 7% respectively, while PDD Holdings also fell by 6%, hitting the lowest point of the month. Offshore RMB dropped by nearly 300 points mid-day, breaking through 7.10 to reach a new low in over a week.
In China's financial markets, new social financing in September reached 3.76 trillion yuan, with new RMB loans totaling 1.59 trillion yuan. Boosted by the stock market rebound, M2 money supply growth rate rose to 6.8%, while M1 money supply continued to decline. At the same time, the phenomenon of early repayment by residents has somewhat decreased recently.
In the international market, the USD index rebounded to a two-month high as US bonds were closed, while the yen hit a low of over two months. Bitcoin prices surged by nearly $4000 mid-day, breaking through the $66,000 mark, hitting a high in over two weeks.
Nvidia's stock price surge is benefiting from high expectations for its new Blackwell chip. In a recent lengthy interview, CEO Huang Renxun mentioned that Artificial General Intelligence (AGI) is imminent, and AI is expected to completely change productivity, further fueling investors' enthusiasm.
Taiwan Semiconductor's financial report is highly anticipated. HSBC's research report predicts that TSMC's performance will continue to stay at the high end of expectations. HSBC Bank also stated...
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102262070
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Stocks in the A-share and Hong Kong stock markets in the semiconductor sector surged, with semiconductor manufacturing international corporation's A-shares hitting the 20cm daily limit in the afternoon, with a turnover of 23.8 billion yuan. Stocks such as hg semi, Cambricon Technologies, Unisplendour Corporation, Camtek, Long-Time Technology, and Hubei Dinglong reached historical highs. In the Hong Kong stock market, the semiconductor sector continued to rise in the afternoon, with hg semi up over 30%, semiconductor manufacturing international corporation up over 10%, while Solomon Systech, Hua Hong Semiconductor, and others followed the uptrend.
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$SMIC (00981.HK)$ 这波是猴市而不是牛市
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$SMIC (00981.HK)$ This stock doesn't play by the rules. Even when the index drops by over 600 points, it doesn't fall by 1%, but when the index rises by over 300 points, the stock price goes up by more than 10 cents! Really daring, brave enough to go all in on it.
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102262070
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$SMIC (00981.HK)$ Tomorrow when the mainlanders come back from their Golden Week, this counter will 🚀.
this is the only and main Chinese Semi-Con manufacturer in China.
this is the only and main Chinese Semi-Con manufacturer in China.
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
102262070
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$SMIC (00981.HK)$ why dropping?
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102262070 : Having more people at the casino does not mean making more money, the rise of online gambling is attracting the younger generation who are gambling on their phones. Most of Genting's customers are older folks and VIPs, many of whom have switched to online gambling. The black market gambling sites can earn billions in a quarter, while Genting only earns tens of millions, the difference is significant. Genting will no longer have the same income as before MCO, 2.00 Ringgit is considered high for him and affecting the share price.