Asian Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading

MT NewswiresDec 31, 2024 10:34 ET

CICC: Maintain Ideal Autos-W 'Outperform Industry' rating, Target Price 128 Hong Kong dollars.

CICC released a research report stating that it maintains the "outperform the Industry" rating for Li Auto-W (02015), with a Target Price of $33 for U.S. stocks and HK$128 for Hong Kong stocks. There is currently a gap in market expectations regarding the company's capabilities in AI and its long-term Global Strategy, as well as the pure electric cycle in 2025. Recently, the company held the Li Auto AI Talk event and updated the latest progress in the application of AI technology in intelligent driving and the Li Classroom App, along with its long-term thoughts on development under the big trend of AI. CICC's key points are as follows: Break through the boundaries of automotive enterprises, with the goal of becoming a Global leading AI company. Reviewing Li Xiang's entrepreneurship.

Sina Hong Kong Stock.Dec 31, 2024 02:31 ET

Autohome To Go Ex-Dividend On December 31st, 2024 With 1.15 USD Dividend Per Share

Moomoo NewsDec 29, 2024 20:00 ET

Ministry of Commerce: From January to November, the national online retail sales reached 14 trillion yuan, a year-on-year increase of 7.4%.

The head of the Department of E-Commerce of the Ministry of Commerce introduced the development situation of E-Commerce in China from January to November 2024.

Zhitong FinanceDec 20, 2024 04:14 ET

Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a

The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.

wallstreetcnDec 17, 2024 18:21 ET

China to Lift Fiscal Spending to Boost Economy

Dow JonesDec 12, 2024 06:57 ET