$BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$
BYD's largest vehicle production base has seen full-year production exceed 1 million for the first time, as the new energy vehicle (NEV) maker is set to see annual sales exceed 4 million for the first time this year.
BYD's plant in Xi'an, Shaanxi province, in northwest China, reached its goal of producing 1 million vehicles for the year on Dec 13, the first time the plant has se...

$SPDR S&P 500 ETF (SPY.US)$ We got the infamous "false break" of support yesterday, then catapulted upwards after a double-bottom. The symmetrical triangle is targeting a roughly 6.5 point move minimum. This could take us up to ~614, touching the main resistance line where we could see a decent correction, or down to ~596.50, which is the daily base line of the Ichimoku Cloud, from where we could see a nice bounce. Derpy Trades
Best of luck  Cool Cats, and God bless!

(Kuala Lumpur, 17th news) With the revision of the open market value (OMV) and the introduction of targeted RBOB Gasoline subsidies, it is expected that the overheated auto market for several years will cool down, coupled with increasingly fierce competition, next year the profit prospects in the auto Industry will be bleak.
Lian Chang International analysts are no longer bullish on auto stocks, with the sector rating downgraded to 'Neutral', but still Bullish on Sime Darby. $SIME (4197.MY)$ ）。
Analysts point out that with the cancellation of subsidies and price valuation revisions, the total auto sales in 2025 are expected to decrease by 4% to 750,000 vehicles, however, this could accelerate the popularization of Battery electric vehicles (BEVs).
In terms of brands, the second domestic car should continue to take the lead and occupy the dominant market share.
As for net profit contribution, analysts are bullish on Senamei's increasing contribution, mainly due to the continuous expansion of its product portfolio, and expecting a 3% growth in the auto sector by 2025.
"We also expect that, driven by the increasingly fierce competition among new car releases, newcomers, and electric vehicle manufacturers, the adoption rate of pure electric cars will increase in 2025."
"The tax-free policy for imported car models will end in 2026, thereafter domestic assembly will dominate. Nevertheless, with the support of first-time buyers and the mass market, the demand for domestic brands such as Baoteng and the second domestic car is expected to remain strong."
The government plans to reserve subsidies for 85% of RON95 users in the 2025 fiscal budget to maintain the affordability of locally produced autos,...

$RHBBANK (1066.MY)$
RHB Bank Bhd looks poised to continue its uptrend in share price after falling from a high of RM6.83 in late Nov. Investors are probably positive on the banking group’s strong 3QFY24 results.
3QFY24's core net profit (CNP) of RM833m increased by 15% quarter-on-quarter.It was driven by robust net income growth, up 3.9%qoq, coupled with controlled OPEX increase and lower provisions.
It’s 9MFY24's CNP of RM2.3 billion was up by...

$Rigetti Computing (RGTI.US)$ Long-term hold.

$MicroStrategy (MSTR.US)$ coffee money from overnight market trade.