The Hang Seng Index is down 729.12 points or 4.15% this week to 16830.30
--Largest one-week point and percentage decline since the week ending Aug. 18, 2023
--Snaps a two-week winning streak
--Today it is down 212.58 points or 1.25%
--Down five of the past six trading days
--Off 49.24% from its record close of 33154.12 hit Friday, Jan. 26, 2018
--A new 52-week low
--Lowest closing value since Thursday, Nov. 10, 2022
--Off 25.82% from its 52-week high of 22688.90 hit Friday, Jan. 27, 2023
--Down ...
--Largest one-week point and percentage decline since the week ending Aug. 18, 2023
--Snaps a two-week winning streak
--Today it is down 212.58 points or 1.25%
--Down five of the past six trading days
--Off 49.24% from its record close of 33154.12 hit Friday, Jan. 26, 2018
--A new 52-week low
--Lowest closing value since Thursday, Nov. 10, 2022
--Off 25.82% from its 52-week high of 22688.90 hit Friday, Jan. 27, 2023
--Down ...
$ZHENGWEI GROUP (02147.HK)$ On November 29, local time, the U.S. Federal Reserve Board released a national economic situation survey report showing that overall, U.S. economic activity has slowed down in recent weeks.
This report is compiled based on the latest survey results of 12 regional reserve banks affiliated with the Federal Reserve, also known as the "Beige Book."
The Federal Reserve releases the "Beige Book" eight times a year to conduct a thorough assessment of the U.S. economic situation...
This report is compiled based on the latest survey results of 12 regional reserve banks affiliated with the Federal Reserve, also known as the "Beige Book."
The Federal Reserve releases the "Beige Book" eight times a year to conduct a thorough assessment of the U.S. economic situation...
Recently, the Federal Reserve has been dovish. Federal Reserve Governor Christopher Waller said this week that the current interest rate level is enough to return inflation to the 2% target level, and said that if the data continues to decline in the next 3 to 5 months, interest rates will be considered, and this will be related to whether the economy is Recession has nothing to do with it.
As soon as the dovish remarks came out, the Federal Reserve's interest rate cut expectations in 2024 rose ...
As soon as the dovish remarks came out, the Federal Reserve's interest rate cut expectations in 2024 rose ...
1
2
$ZHENGWEI GROUP (02147.HK)$ In its report, Macquarie stated that the sales of Meituan-W (03690.HK) in the third quarter remained basically flat, but due to aggressive investment in consumer and business subsidies, the adjusted pre-tax depreciation and amortization (EBITDA) profit decreased slightly.
Macquarie believes that leveraging its strong core competitiveness, Meituan's leading position in the local service market in China will be very solid. However, under the competition in the in-store business, the stock price may fluctuate in the short term.
Macquarie predicts that the core business revenue for 2024 will increase by 20% year-on-year, and the core operating margin will reach 17.7%. It has lowered the adjusted EBITDA profit forecast for 2023 and 2024 by 14% and 11%, respectively.
The broker has lowered the target price of the company from $197.1 to $121 and maintained an outperform rating.
pdd holdings (ADR)(MPNGY.US) jd.com Group-SW(09618.HK) pdd holdings(PDD.US)
Macquarie believes that leveraging its strong core competitiveness, Meituan's leading position in the local service market in China will be very solid. However, under the competition in the in-store business, the stock price may fluctuate in the short term.
Macquarie predicts that the core business revenue for 2024 will increase by 20% year-on-year, and the core operating margin will reach 17.7%. It has lowered the adjusted EBITDA profit forecast for 2023 and 2024 by 14% and 11%, respectively.
The broker has lowered the target price of the company from $197.1 to $121 and maintained an outperform rating.
pdd holdings (ADR)(MPNGY.US) jd.com Group-SW(09618.HK) pdd holdings(PDD.US)
Translated
1
$ZHENGWEI GROUP (02147.HK)$ According to the National Bureau of Statistics, the index of new orders is basically flat. The New Orders Index was 49.4%, a slight decrease of 0.1 percentage points from the previous month. From an industry perspective, the new order index for industries such as pharmaceuticals, automobiles, railway ships, and aerospace equipment were all above 53.0%, and market demand in related industries was released relatively quickly. At the same time, survey results show that more than 60% of manufacturing enterprises report insufficient market demand. Insufficient market demand is still the primary difficulty facing the recovery and development of the manufacturing industry.
Translated
$ZHENGWEI GROUP (02147.HK)$ The Hang Seng Index (800000.HK) fell 360 points or 2.1%, to 16,993 points. The Hang Seng Tech Index (800700.HK) dropped 90 points or 2.3%, to 3,910 points. The Hang Seng China Enterprises Index (800100.HK) declined 138 points or 2.3%, to 5,818 points. The market turnover reached $130.16 billion USD. Active heavyweight figures: Meituan-W (03690.HK) closed at $90.45, down 12.2%. Alibaba-SW (09988.HK) closed at $72.7, down 2.2%. HKEX (00388.HK) closed at $279.6, down 1.6%. Tencent (00700.HK) closed at $317, down 0.8%. Hang Seng Index and Hang Seng China Enterprises Index component stock trends: JD Health (06618.HK) closed at $37.05, down 7.1%. Baidu Group-SW (09888.HK) closed at $115.1, down 4.1%. Li Auto-W (02015.HK) closed at $152.5, down 3.4%. BYD Company (01211.HK) closed at $211.8, down 3.3%. Geely Auto (00175.HK) closed at $8.76, down 3.2%. HSMI and HSSI component stock trends: New Oriental-S (09...
Translated
$ZHENGWEI GROUP (02147.HK)$ The National Bureau of Statistics released the retail sales of consumer goods in September. In September, the total retail sales of consumer goods was 3,982.6 billion yuan, a year-on-year increase of 5.5%. Among them, the retail sales of consumer goods other than automobiles were 3,544.3 billion yuan, an increase of 5.9%. From January to September, the total retail sales of consumer goods was 34.2107 billion yuan, a year-on-year increase of 6.8%. Among them, the retail s...
$ZHENGWEI GROUP (02147.HK)$ Hope it goes up today
2
Will you continue to adjust today? $ZHENGWEI GROUP (02147.HK)$
$ZHENGWEI GROUP (02147.HK)$ I like this kind of stock that keeps moving upwards, and the financial situation is not bad. If it can break through the previous high point for a period of time, it may accelerate the rise, and the trend line moves upward perfectly.
1
4