It's been nearly a week since moomoo launched, and it's been a busy week addressing questions from the public. Therefore, I've created this post to clarify any doubts you might have!
Q: Is moomoo a Direct CDS or a nominee account?
A: Nominee account.
Q: I'm already a moomoo SG user, can I use the same phone number and email to register for moomoo MY?
A: Yes, you can activate the moomoo MY feature on your existing app and still use our link to open an acc...

just getting started

Zhongfu Shenying Carbon FiberLtd's growth in ROCE and capital employed suggests effective reinvestment of earnings, a positive sign for potential investors despite stock price decline. Further research into the company's valuation metrics and future prospects is advised.

Today is March 11th. The sharp decline in chip stocks last Friday dragged down the US stock market, causing the S&P 500 index and the Nasdaq index to fall to record highs. At the same time, two consecutive weeks of gains were terminated. The Dow Jones Industrial Average also fell for the second week in a row. The chip stock index fell 4%, and Nvidia experienced a sharp intraday decline, closing at 5.5%, the biggest decline in nine months. US stocks of TSMC and AMD also fell nearly 2% each, falling from historic highs, even though TSMC rose more than 9% throughout the week. Maywell Technology fell 11% after the earnings report was released. Against this backdrop, Apple's stock price rose 1%, ending a seven-day decline, but fell 5% throughout the week. Tesla is down 11% throughout the week.
Meanwhile, the European stock market showed relatively strong performance. The pan-European stock index rose for seven consecutive weeks, and the French stock market hit record highs. However, ASML and Novo Nordisk declined by nearly 3% and more than 1%, respectively, and both fell from historic highs.
The US employment report exceeded expectations, strengthened market expectations for a possible interest rate cut in June, and pushed two-year US Treasury yields to a one-month low. The US dollar index reached a one-and-a-half-month low and recorded its biggest weekly decline in more than two months. The yen rose more than 1% intraday in two days, hitting a one-month high in a row.
In the commodity market, crude oil prices fell by more than 1%, and U.S. crude oil fell for two consecutive days, reaching a low of more than a week. Gold futures hit record highs for six consecutive days, rising nearly 5% throughout the week, the biggest weekly gain in nearly five months. Bitcoin's price has historically...