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151326120 Private ID: 151326120
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    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 ...
    $ZHENGWEI GROUP(02147.HK)$ 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...
    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 ...
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    $ZHENGWEI GROUP(02147.HK)$ Macquarie said in the report that $Meituan-W (03690.HK) $ sales in the third quarter were basically flat, but adjusted profit before interest, tax, depreciation, and amortization declined slightly due to aggressive investment in consumer and commercial subsidies.
    Macquarie believes that with its strong core competitiveness, Meituan's leading position in the local service market in China will be very strong. However, in the face of in-store business competition, stock prices may fluctuate in the short term.
    Macquarie predicts that core commercial revenue in 2024 will increase 20% year over year, and that the core operating profit margin will reach 17.7%. It lowered its adjusted earnings forecasts before interest, tax, depreciation, and amortization for 2023 and 2024 by 14% and 11%.
    The broker lowered the company's price target from $197.1 to $121 and received a maintenance outperform market rating.
    $Meituan (ADR) (MPNGY.US) $ $JD Group-SW (09618.HK) $ $Pinduoduo (PDD.US) $
    Translated
    $ZHENGWEI GROUP(02147.HK)$ 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
    $ZHENGWEI GROUP(02147.HK)$ Hang Seng Index (800000.HK) $ fell 360 points, or 2.1%, to 16,993 points. $Hang Seng Tech Index (800700.HK) $ fell 90 points, or 2.3%, to 3,910 points. The $SOE Index (800100.HK) $ fell 138 points, or 2.3%, to 5,818 points. The market turnover reached $13.16 billion. Active heavyweights: $Meituan-W (03690.HK) $ closed at $90.45, down 12.2% $Alibaba-SW (09988.HK) $ closed at $72.7, down 2.2% $Hong Kong Exchange (00388.HK) $ closed at $279.6, down 1.6% $Tencent Holdings (00700.HK) $ closed at $317, down 0.8% Hang Seng State-owned Enterprise Index and Hang Seng State-owned Enterprises Index share trends: $JD Health (018.66 to HK) $HK $37.05, down 7.1% $Baidu Group-SW (09888.HK) $ closed at $115.1, down 4.1% $Ideal Automobile-W (02015.HK) $ closed at $152.5, down 3.4% $BYD Shares (01211.HK) $ closed at $211.8, down 3.3% $Geely Auto (00175.HK) $ closed at $8.76, down 3.2% HSMI and HSSI component 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...
    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.
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