$NIO Inc (NIO.US)$ 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!
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● 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...

$SIA (C6L.SG)$
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$RCECAP (9296.MY)$ RCECAP is a company that is not well-known in the market. RCECAP's business activities include consumer financing, salary collection, and commercial financing. RCECAP is primarily engaged in providing financial services to its customers in accordance with Islamic law and traditional financing methods, with the main source of income being government employees.
RCECAP has achieved stable growth in net income for 9 consecutive years, which is very commendable for a listed company in Malaysia. In the latest quarter, RCECAP's revenue reached RM87.8 million and its net income was RM38.2 million. The profit margin reached 43.6%. The net income of RM38.2 million has grown by 4.7% compared to the same period last year. It is worth mentioning that its net income has been growing YoY for 5 consecutive quarters.
Firstly, RCECAP is not like ordinary traditional banks as it cannot accept any deposits. It needs to collaborate with various cooperatives and funds to finance its loan funds. Therefore, its financing costs are relatively higher compared to regular banks. However, we need to understand that the cost of financing is passed on to borrowers as long as there is a consumer cohort. This is why its profit margin can be above 40%. Due to the good treatment and salary increases given to government personnel by any new government in the past, they are able to lend to borrowers.

$WiMi Hologram Cloud (WIMI.US)$ $Apple (AAPL.US)$
Holographic projection technology began to develop as early as the mid-20th century. Initially, the main focus was on how to use the holographic projection to achieve the real projection of the 3D images to achieve a more immersive visual experience. However, the traditional holographic projection technology is limited by its complex system design, co...

$Binance Coin (BNB.CC)$ Binance sees over $1 billion in outflows in 24 hours, not including Bitcoin.
CEO Changpeng Zhao steps down amid a guilty plea in a Department of Justice deal.
Binance agrees to a hefty $4.3 billion fine, concluding a long-standing investigation.
The exchange's native token, BNB, drops over 8% following the news.
Binance phased out zero-fee Bitcoin trading in March, affecting its spot trading share...