Tencent-Backed Epic Games Brings Fortnite Back On The IPhone, This Time With An Entire App Store After Its 4-Year-Long Battle With Apple

BenzingaAug 16 08:05 ET

Banks' giants have reached a new high in history! In recent days, northbound funds have been significantly buying up, and the active capital trend has been reviewed. These directions are also receiving hot money for increased positions.

Recently, bank stocks have shown strong performance, especially large-cap giants, with frequent stock price activity. Among them, Industrial and Commercial Bank of China, Construction Bank of China, and Bank of China hit a historic high today. Northbound funds have recently focused on adding holdings in the banking sector, with nearly 90% of bank stocks receiving shareholding in the past five days, and eight individual stocks having a net purchase amount greater than 0.1 billion yuan. In addition to the banking sector, Northbound funds have recently also focused on adding holdings in the electrical utilities, insurance, and securities sectors, while margin financing funds have favored the consumer electronics and chemical pharmaceuticals sectors in recent days.

cls.cnAug 16 05:55 ET

jd.com: Strong profits but adopts a conservative attitude towards future growth.

Despite JD.com's excellent profit performance, slower revenue growth and macroeconomic challenges still need attention. Therefore, Daiwa Securities' outlook for JD's future growth is cautious, maintaining a target price of $28 and a "hold" rating.

wallstreetcnAug 16 02:41 ET

Banks are intensively launching deposit benefits campaigns, and the effort to attract deposits is increasing. Can the idea of "high interest to attract deposits" be continued?

- With the further reduction of deposit interest rates and the emergence of deposit migration phenomenon, many banks have launched a series of deposit-related welfare activities to attract and stabilize deposits. - Experts believe that attracting deposits with welfare and gifts still has the suspicion of "high-interest deposits", which will inevitably increase the liabilities cost of some banks. Therefore, banks need to closely follow the pain points of customer preferences to improve the quality of financial services.

cls.cnAug 16 02:30 ET

JD.com Q2 earnings call: Striving for revenue growth to surpass China's retail sales for the full year, while maintaining long-term profit margin targets in the high single digits.

jd.com stated that it will continue its low stock price strategy, and based on its strong supply chain capabilities, provide users with more high-cost-effective products and services.

wallstreetcnAug 15 10:09 ET

Apple, Tencent Discussing Potential Revenue-Sharing Deal For WeChat Mini-Games, Says Chinese Game Maker Exec

BenzingaAug 15 08:17 ET