听战歌

$XIAOMI-W (01810.HK)$ Turning on and off the lights, have been playing all day.

$Rivian Automotive (RIVN.US)$
come on rivian go up or down ! this 1-2% move is so unlike you

$Lucid Group (LCID.US)$ 👍👍👍

$Amazon (AMZN.US)$ India's antitrust agency on Friday suspended Amazon.com's 2019 deal with Future Group, potentially denting the U.S. company's attempts to block the sale of Future's retail assets to an Indian peer.
The regulator ruled that the U.S. e-commerce group had suppressed information while seeking regulatory approval on an investment into Indian retailer Future Group two years ago.
The ruling by the Competition Commission of India (CCI) could have far-reaching consequences for Amazon's legal battles with now estranged partner Future.
Amazon has for months successfully used the terms of its toehold $200 million investment in Future in 2019 to block the Indian retailer's attempt to sell retail assets to Reliance Industries for $3.4 billion.
The regulator's 57-page order said it considers "it necessary to examine the combination (deal) afresh," adding its approval from 2019 "shall remain in abeyance" until then.
The CCI's order said Amazon had "suppressed the actual scope" of the deal and had made "false and incorrect statements" while seeking approvals. The CCI order imposed a penalty of around 2 billion rupees ($27 million) on the U.S. company.

Ubs said Chinese stocks were "overadjusted" : investors overreacted because of limited visibility into future policy, fragile risk sentiment and an imperfect understanding of substitutability.
It has found no significant difference in multiples between Hong Kong and U.S. -listed Chinese concept stocks, and that the impact of valuation on Chinese concept stocks in the long run is fairly limited.
Besides, Neuberger Berman sees opportunities next year for companies that were pressured this year by policy, market sentiment or fundamentals.
For the following reasons:
1) Valuations have become quite attractive after the overreaction.
2) As growth slows, policy may change. Supporting policies that continue to be introduced will be constantly revised.
3) Even with the negative impact of this year, quality companies in these sectors are adjusting and growing;
When all of these things change, the fundamentals of manufacturing, consumption, health care could all reverse and there will be opportunities for investment in the next few years.
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