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Before the opening of the US stock market on Tuesday (8th), Chinese concept stocks generally fell. Bilibili Inc (NASDAQ:BILI) plummeted by 17%, Nio Inc (NYSE:NIO) fell by over 14%, jd.com (NASDAQ:JD) and pdd holdings (NASDAQ:PDD) dropped by 12%, baidu (NASDAQ:BIDU) and alibaba (NYSE:BABA) fell by over 9%.
The Xinhua FTSE A50 Index Futures plummeted 1900 points intraday, dropping nearly 12%, giving back all the gains since October 2.
Uncle's opinion 🤑: The surge in A shares led to a rise in Chinese concept stocks. The key is that A shares are manipulated by the Chinese Communist Party, injecting a large amount of funds. Both the Chinese economy, real estate market, employment, and exports are not doing well, how can they rise? Make profits while trading, selling when earning 10%-20%, do not go all in, as you may get cut at any time.
The Xinhua FTSE A50 Index Futures plummeted 1900 points intraday, dropping nearly 12%, giving back all the gains since October 2.
Uncle's opinion 🤑: The surge in A shares led to a rise in Chinese concept stocks. The key is that A shares are manipulated by the Chinese Communist Party, injecting a large amount of funds. Both the Chinese economy, real estate market, employment, and exports are not doing well, how can they rise? Make profits while trading, selling when earning 10%-20%, do not go all in, as you may get cut at any time.
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$NIO Inc (NIO.US)$
Nio announced earlier today that Nio China has secured a new investment from three strategic investors in Hefei. Anhui province, in which it holds a 92.1% controlling stake.
This is favourable to the stock price in Deutsche Bank's view.
"We consider the above-mentioned RMB 3.3 billon fund-raising in Nio China positively, as this move reduces some investor concerns on the immediate share dilution in Nio list co," anal...
Nio announced earlier today that Nio China has secured a new investment from three strategic investors in Hefei. Anhui province, in which it holds a 92.1% controlling stake.
This is favourable to the stock price in Deutsche Bank's view.
"We consider the above-mentioned RMB 3.3 billon fund-raising in Nio China positively, as this move reduces some investor concerns on the immediate share dilution in Nio list co," anal...
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$Intel (INTC.US)$ bulls are pouring millions into the lagging chipmaker even as technical indicators flash warning signs that the rally could be losing steam.
Inflows outpaced outflows by $139.7 million as of 3:24 p.m. on Tuesday. That would be the straight net inflow into Intel. The bulls are also taking positions in put options that could become profitable if the stock price climbs above $30 over the next tw...
Inflows outpaced outflows by $139.7 million as of 3:24 p.m. on Tuesday. That would be the straight net inflow into Intel. The bulls are also taking positions in put options that could become profitable if the stock price climbs above $30 over the next tw...
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$Palantir (PLTR.US)$ Today's temperature is 39.20
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$Palantir (PLTR.US)$ is seeing increasing volume in put options as bulls and bears spar to gain control of the market.
Shares of the data-analysis software provider opened Monday as much as 1.7% lower on its first day of trading as a constituent of the $S&P 500 Index (.SPX.US)$ after Raymond James analyst Brian Gesuale lowered his rating on the stock. The rating was revised to market perform from outperform, as the analy...
Shares of the data-analysis software provider opened Monday as much as 1.7% lower on its first day of trading as a constituent of the $S&P 500 Index (.SPX.US)$ after Raymond James analyst Brian Gesuale lowered his rating on the stock. The rating was revised to market perform from outperform, as the analy...
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$Palantir (PLTR.US)$
Do you notice the huge volume trading happening on 20 Sept 2024? Comment your predictions price for next week.
Do you notice the huge volume trading happening on 20 Sept 2024? Comment your predictions price for next week.
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