Special contributor Da V: Deng Shengxing: The market anticipates the discussions of the central economic work conference and the launch of a new round of Consumer voucher distribution activities in many regions of the mainland by the end of the year.

Jinwu Finance News | The Hang Seng Index closed at 20,397 on Thursday (October 12), gaining 242 points or 1.2%. The market had total trading volume of 157.7 billion yuan for the day. The Mainland Index rose by 110 points or 1.5%, closing at 7,360. The Science and Technology Index increased by 69 points or 1.5%, closing at 4,600. The market anticipates discussions from the Central Economic Work Conference, and with the year-end approaching, several regions in the mainland have launched a new round of consumer voucher distribution activities, reviving many domestic demand stocks. Mengniu (02319) soared by 7.2%, making it the best-performing blue chip; Bitcoin surpassed the 0.1 million USD mark, Bitcoin ETFs are popular, and Huaxia Bitcoin (03042) rose by 2.6%.

Jinwu Financial NewsDec 12 20:24 ET

[Brokerage Focus] Tianfeng maintains a "Buy" rating on Meituan (03690), indicating that the core local business profitability is expected to continue strengthening.

Jingwu Financial News｜Tianfeng's Research Reports indicate that Meituan (03690) achieved revenue of 93.6 billion yuan in Q3 2024, exceeding Bloomberg's consensus expectation by 1.7%; EBIT is 13.7 billion yuan, exceeding Bloomberg's consensus expectation by 41.0%. The adjusted Net income is approximately 12.8 billion yuan, exceeding Bloomberg's consensus expectation of 10.1%. From a Business perspective, core local commercial revenue is 69.4 billion yuan, exceeding Bloomberg's consensus expectation by 1.5%; new Business revenue is 24.2 billion yuan, exceeding Bloomberg's consensus expectation by 3.9%. The institution stated that the on-demand delivery Business continues to grow steadily, with a year-on-year increase in order volume of 14.5%. The company optimizes product forms and deepens its presence in the Industry.

Golden Guard Financial NewsDec 10 23:10 ET

Trending Stocks Today: CHINA TIANRUI Soars 1129.16%

Moomoo NewsDec 9 02:45 ET

[Brokerage Focus] Yongxing Securities maintains a 'buy' rating on Meituan (03690) and is bullish on its new business continuing to reduce losses.

Jinwu Financial News | Yongxing Securities pointed out that Meituan (03690) will release its Q3 2024 performance report on November 29. The financial report shows that during the reporting period, Meituan achieved revenue of 93.577 billion yuan, a year-on-year increase of 22.4%; the adjusted net profit was 12.8 billion yuan, a year-on-year increase of 124%. In Q3, Meituan's instant delivery service averaged over 10 million orders per day, with both the number of trading users and trading frequency achieving double-digit growth. On the day of "Qixi Festival," the peak order volume exceeded 16 million orders. The company indicated that in terms of new business, as the efficiency of the commodity retail trade improves, quarterly losses from new business further decrease.

Jinwu Financial NewsDec 6 02:43 ET

[Special Contributor] Guo Jiayao: Investors continue to watch for policy news and the performance of the RMB, expecting the market conditions to maintain a fluctuating pattern.

Golden News | US stocks fell on Thursday, with the market awaiting the upcoming employment data. The major indexes hovered at high levels, all closing in the red. The US dollar retreated, and the yield on the ten-year US Treasury bond fell to 4.17%. Gold prices declined, and oil prices faced pressure. Hong Kong's pre-market securities remained relatively stable, and it is expected that there will be little movement in the market during the early session. Mainland stock markets rose yesterday, with the Shanghai Composite Index opening low and closing high, up 0.1%, while the trading volume in both the Shanghai and Shenzhen markets decreased. Hong Kong stocks fluctuated slightly lower yesterday, with a strong wait-and-see atmosphere in the market, leading to a further reduction in overall trading volume. Investors continue to monitor policy news and the performance of the RMB.

Golden Guardian Financial News.Dec 5 19:11 ET

GF Securities: Digital scenarios continue to penetrate combined with technology-driven, Internet plus-related begins to search for new growth points

Internet-related companies are beginning to search for new growth points, different from the past blindly contracting and cost reduction, in the future may invest reasonably, actively embrace new changes. Business models continue to evolve iteratively, go global, and AI.

Zhitong FinanceDec 4 03:37 ET