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$Alibaba (BABA.US)$
$American Airlines (AAL.US)$
$Royal Caribbean (RCL.US)$
$JD.com (JD.US)$
$Baidu (BIDU.US)$
Bullish Thursday- next Monday
positive travel news release
$American Airlines (AAL.US)$
$Royal Caribbean (RCL.US)$
$JD.com (JD.US)$
$Baidu (BIDU.US)$
Bullish Thursday- next Monday
positive travel news release
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$Alibaba (BABA.US)$ $Baidu (BIDU.US)$ $Tencent (TCEHY.US)$ After a bumper year of stock listings, Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech.
Thanks to a blistering first half amid a global boom, initial public offerings in the region have reached $190 billion so far this year, already a record and up 31% from the whole of 2020. But the momentum has weakened notably in recent months as Beijing escalated a regulatory assault on private enterprise, putting major deals on hold and injecting uncertainties into next year.
Bankers say they expect Asia’s IPO market to be less frenzied and more balanced in 2022, as higher inflation erodes valuations of tech firms and tighter U.S. monetary policy reduces the supply of idle cash. The listings landscape may also look more diverse, with South Korea and India charging ahead and industries from clean energy to financial services filling the void left by once-dominant Chinese tech.
“Markets in 2022 are going to face a more normalized environment,” said William Smiley, co-head of equity capital markets at $Goldman Sachs (GS.US)$ in Asia ex-Japan. “Withdrawal of fiscal and monetary stimulus, coupled with expectations for higher inflation may challenge risk assets, including equity markets.”
Beijing’s tight scrutiny of its tech firms, on issues ranging from data security to a loophole long used by companies to list overseas, also is expected to continue to slow the pace of fundraising from the sector.
Thanks to a blistering first half amid a global boom, initial public offerings in the region have reached $190 billion so far this year, already a record and up 31% from the whole of 2020. But the momentum has weakened notably in recent months as Beijing escalated a regulatory assault on private enterprise, putting major deals on hold and injecting uncertainties into next year.
Bankers say they expect Asia’s IPO market to be less frenzied and more balanced in 2022, as higher inflation erodes valuations of tech firms and tighter U.S. monetary policy reduces the supply of idle cash. The listings landscape may also look more diverse, with South Korea and India charging ahead and industries from clean energy to financial services filling the void left by once-dominant Chinese tech.
“Markets in 2022 are going to face a more normalized environment,” said William Smiley, co-head of equity capital markets at $Goldman Sachs (GS.US)$ in Asia ex-Japan. “Withdrawal of fiscal and monetary stimulus, coupled with expectations for higher inflation may challenge risk assets, including equity markets.”
Beijing’s tight scrutiny of its tech firms, on issues ranging from data security to a loophole long used by companies to list overseas, also is expected to continue to slow the pace of fundraising from the sector.
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Bing China has been required by the relevant government agency to suspend the search auto-suggestion feature in mainland China for 30 days under PRC laws, says on Bing's website.
Microsoft Bing: According to the laws of the People's Republic of China, Bing has suspended the 'Search Auto-Suggest' feature in mainland China for 30 days.
Most netizens have reported that they are unable to access the Microsoft Bing search website within China.
$Microsoft (MSFT.US)$ $Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$
$Alphabet-C (GOOG.US)$
Microsoft Bing: According to the laws of the People's Republic of China, Bing has suspended the 'Search Auto-Suggest' feature in mainland China for 30 days.
Most netizens have reported that they are unable to access the Microsoft Bing search website within China.
$Microsoft (MSFT.US)$ $Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$
$Alphabet-C (GOOG.US)$
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$Progen (583.SG)$ ✅ Closenote
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DJIA overview: U.S. stocks rushed higher and fell, short-term is still the emotional impact, for the wind bias fluctuations follow the recurrence of the epidemic and fluctuations, the current market fundamentals do not have enough momentum to support the index to reach new highs, and then the Fed to accelerate the debt reduction under the expectations, wide range shocks, waiting for this week's Fed interest rate decision. Although Apple has reached a new intraday high, the general environment restricts the acceleration of consumer electronics bulls, waiting for a rebound
Technical level Nasdaq index rushed higher and fell, short-term is due to the wind bias downward caused, but after the current round of shock rebound close to the previous pressure range there is a need to adjust, from the 4-hour level, here belongs to the shock downward, the pressure position can not break through the support of 15000, if the fall does not rule out the possibility of a new low, short-term pressure 15800 breakthrough will break the downward channel back to the bullish shock
Plate Finishing Apple $Apple (AAPL.US)$
AAPL rushed higher and fell back, short-term new highs after engulfing the previous Yang line, although the fundamentals have not changed, but subject to the overall index environment is weak, the rush high is a bullish backhand, it is still within the bullish range, so waiting for the low suction opportunity after the adjustment, more than the head trend does not participate in the adjustment, the previous support range of $165 to $170 is not broken, it is expected to break through the previous high for the second time, the low absorption is dominant, if the anti-package high of $182 above, then open the upside
Plate eye-catching Tesla $Tesla (TSLA.US)$
TSLA fell below the $1,000 integer mark, again reduced holdings, there was a bearish, although the short-term did not fall sharply, but the convergence range has fallen below, waiting for the opportunity to sell short after the rebound, the general trend is reasonable, so the short-term adjustment to the good position is waiting for the low suction, the current technical level of support is maintained near $900, if the acceleration of the break, it will return to the previous intensive transaction range of $800, the intraday shock downward-oriented
Plate eye-catching $NVIDIA (NVDA.US)$
NVDA fell rapidly, the chip plate before the strong rise after the slow top, the current and then the neckline position near the shock, but the structure has the meaning of the arc top, do not rule out the possibility of accelerating the breakdown, but then the fundamental supply and demand imbalance has not yet eased, so with the general environment weakened, the late anti-package is back to the bullish shock, the current long-short watershed above $260 is not broken, it has not yet peaked, if it falls below $260, the top is established into the adjustment cycle, the day waits for support to be confirmed, the upper rebound pressure is $310
$Alibaba (BABA.US)$ $Netflix (NFLX.US)$ $Amazon (AMZN.US)$
Technical level Nasdaq index rushed higher and fell, short-term is due to the wind bias downward caused, but after the current round of shock rebound close to the previous pressure range there is a need to adjust, from the 4-hour level, here belongs to the shock downward, the pressure position can not break through the support of 15000, if the fall does not rule out the possibility of a new low, short-term pressure 15800 breakthrough will break the downward channel back to the bullish shock
Plate Finishing Apple $Apple (AAPL.US)$
AAPL rushed higher and fell back, short-term new highs after engulfing the previous Yang line, although the fundamentals have not changed, but subject to the overall index environment is weak, the rush high is a bullish backhand, it is still within the bullish range, so waiting for the low suction opportunity after the adjustment, more than the head trend does not participate in the adjustment, the previous support range of $165 to $170 is not broken, it is expected to break through the previous high for the second time, the low absorption is dominant, if the anti-package high of $182 above, then open the upside
Plate eye-catching Tesla $Tesla (TSLA.US)$
TSLA fell below the $1,000 integer mark, again reduced holdings, there was a bearish, although the short-term did not fall sharply, but the convergence range has fallen below, waiting for the opportunity to sell short after the rebound, the general trend is reasonable, so the short-term adjustment to the good position is waiting for the low suction, the current technical level of support is maintained near $900, if the acceleration of the break, it will return to the previous intensive transaction range of $800, the intraday shock downward-oriented
Plate eye-catching $NVIDIA (NVDA.US)$
NVDA fell rapidly, the chip plate before the strong rise after the slow top, the current and then the neckline position near the shock, but the structure has the meaning of the arc top, do not rule out the possibility of accelerating the breakdown, but then the fundamental supply and demand imbalance has not yet eased, so with the general environment weakened, the late anti-package is back to the bullish shock, the current long-short watershed above $260 is not broken, it has not yet peaked, if it falls below $260, the top is established into the adjustment cycle, the day waits for support to be confirmed, the upper rebound pressure is $310
$Alibaba (BABA.US)$ $Netflix (NFLX.US)$ $Amazon (AMZN.US)$
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$SIA (C6L.SG)$ Do not fall in love with stocks
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