① The manufacturing index from the Institute for Supply Management in the usa rose by 1.9 points, with most categories in the index seeing improvements. ② The French Prime Minister announced the bypass of parliament to forcibly pass the financial budget. ③ Federal Reserve Governor Waller expressed a tendency to cut interest rates again in December. ④ The US Department of Commerce announced new semiconductor export control measures against China, with the Department of Commerce responding. ⑤ The nasdaq and the s&p 500 index both reached new historical highs.
According to financial news on December 3rd (Editor: Tong Gu), today's pre-market news from Hong Kong stocks includes:
Hot news
[The manufacturing index from the Institute for Supply Management in the usa rose by 1.9 points, the largest increase since March.]
The manufacturing index from the Institute for Supply Management in the usa rose by 1.9 points to 48.4, marking the largest increase since March. Although the latest figures indicate that the sector has contracted for eight consecutive months, most categories in the index showed improvement.
[The US Department of Commerce announced new semiconductor export control measures against China, with the Department of Commerce responding.]
On December 2nd, the US Department of Commerce released export control measures against China for semiconductors, tightening restrictions on exports to China of semiconductor manufacturing equipment, memory chips, and other items, adding 136 Chinese entities to the export restriction entity list, and extending extraterritorial jurisdiction. China believes these measures are a typical act of economic coercion and non-market practices, firmly opposing the usa's broadening of the concept of national security, the misuse of export control measures, and unilateral bullying actions.
[The French Prime Minister announced the bypass of parliament to forcibly pass the financial budget.]
French Prime Minister Michel Barnier announced that the financial budget would be passed forcefully bypassing parliament, and the far-right party "National Rally" in France stated it would support a vote of no confidence against the government.
[Federal Reserve Governor Waller expressed a tendency to cut interest rates again in December.]
Federal Reserve Governor Waller stated he is inclined to cut interest rates again at the monetary policy meeting later this month, although the data released at that time may provide a reason to hold steady.
Global Markets
The three major US stock indexes were mixed on Monday, with the Dow Jones down 0.29%, the Nasdaq up 0.97%, and the s&p 500 index up 0.24%, both the Nasdaq and s&p 500 index set new historical highs.
Chip stocks collectively strengthened, with Taiwan Semiconductor up over 5%, Arm Holdings up over 4%, AMD and asml holding both up over 3%, and Broadcom and qualcomm nearly up 3%. Super micro computer rose nearly 29%, stating in a statement that the findings of the independent special committee revealed that the resignation of Ernst & Young and the conclusions mentioned in its resignation letter were not supported by review.
The Nasdaq Golden Dragon China Index closed up 0.98%, with most popular china concept stocks rising. Xiaopeng autos rose over 5%, bilibili rose nearly 4%, pdd holdings rose over 2%, and netease and baidu rose over 1%. On the downside, Li Auto fell over 3%, Nio and alibaba both dropped over 1%.
The three major Hong Kong stock indexes continued to be strong on Monday. By the close, the hang seng index was up 0.65%, closing at 19,550.29 points; the technology index was up 1.20%, closing at 4,405.95 points; and the hang seng china enterprises index was up 0.90%, closing at 7,009.05 points.
From the market performance perspective, consumer electronics, brokerage, autos, gambling, and real estate stocks lead the gains, while gold and coal industrial concept stocks experience significant declines.
Company News:
China Res Land (01109): On December 2, the company's indirect wholly-owned subsidiary shenzhenrun investment and china ocean enterprises development jointly bid for the land use rights of a plot located in the Yuehai Street, Nanshan District, Shenzhen, China. This consortium successfully acquired the land use rights through auction at a price of 18.512 billion yuan, for residential and commercial development.
HKBN (01310): A non-binding preliminary intention has been received from I Squared, indicating interest in acquiring 100% of the company's issued shares; additionally, china mobile proposed a tender offer at a price of 5.23 HKD per share, representing a premium of approximately 7.61% over the closing price on November 29.
Shenzhen Int'l (00152): A tripartite agreement has been signed with project management institutions and contractors, with total project costs amounting to approximately 3.169 billion yuan.
Logan Group (03380): The deadline for creditors to support the agreement has been extended to December 9, 2024, to allow more time for ongoing negotiations regarding the overseas restructuring.
Shimao Group (00813): The winding-up petition submitted to the High Court has been withdrawn with mutual agreement from both parties. Creditors holding approximately 79.06% of the total principal debt within the scope indicate support for the proposed restructuring.
Binhai Inv (02886): A strategic cooperation agreement has been signed with Huaneng Power regarding gas utilization, project construction investment, and new energy business.
Hevol Services (06093): Plans to invest 65.4 million yuan to further acquire a 30% stake in Sichuan Wansheng Property Service.
Shenzhen Express (00548): In October, the toll revenue for the Mei-Guang Expressway, the eastern and western sections of Ji-He, and the Yangjiang and Outer Ring projects amounted to 12.158 million yuan, 49.679 million yuan, 41.284 million yuan, 62.466 million yuan, and 85.993 million yuan, respectively, showing year-on-year growth of 7.67%, 1%, 2.5%, 24.73%, and -2.24%.
Uni-Bio Group (00690): The restructuring of collagen type II medical instruments has been approved, and the Medical Beauty product line has been launched.
Important data
23:00 USA October JOLTs job openings.