Top Gap Ups and Downs on Friday: SAP, PDD, CMG and More

Moomoo NewsDec 27 18:00 ET · Markets

Overnight news: US stocks closed lower, Chinese concept stocks broadly declined, large Technology stocks faced sell-offs, Google reported unstable morale, the South Korean won fell for five consecutive weeks, and the USA is closely monitoring the politica

To view more global financial News, please visit the 24/7 real-time financial news. Market Close: U.S. stocks closed lower on Friday, with major Technology stocks falling broadly. All three major indices recorded gains this week. On December 27, the top 20 U.S. stock transaction volumes showed that several domestic automotive companies launched price reduction promotion strategies, with Tesla dropping nearly 5%. On Friday, popular China Concept Stocks fell broadly, with NIO and Xpeng down over 4%, JD.com down over 3%, and Kingsoft Cloud rising over 23%. Crude Oil Product: Oil prices are rising towards the end of the year, and the market is focusing on risks in 2025. Gold futures in New York fell nearly 0.7% on Friday, reporting at $2635.70 per ounce. Major European stock indices collectively rose, with the German DAX30 Index up 0.6.

Global market broadcast.Dec 27 17:40 ET

JD.com Options Spot-On: On December 27th, 67,085 Contracts Were Traded, With 1.61 Million Open Interest

Moomoo NewsDec 27 16:30 ET

Liu Qiangdong increases his shareholding in the Jiahua JD.com Warehousing Infrastructure REIT by 0.1 billion yuan.

Sina Technology News, on the evening of December 27, the Jiashi JD.com Warehousing Infrastructure REIT (fund code: 508098) announced that Liu Qiangdong, the founder of JD.com and chairman of the board, as one of the original beneficiaries of the fund, will, based on the confidence in the future development prospects of the fund and logistics infrastructure projects, and recognition of their long-term investment value, increase his shareholding through secondary market purchases or other means acceptable by the Exchange within 24 months from the announcement date, with the amount not exceeding 0.1 billion yuan. The Jiashi JD.com Warehousing REIT was listed on the Shanghai Stock Exchange on February 8, 2023, and is the first privately-owned enterprise warehouse.

Sina TechnologyDec 27 05:03 ET

Market Chatter: JD.com Buys Two Warehouses in Japan for 35 Billion Yen

MT NewswiresDec 27 02:07 ET

Alibaba, E-Mart to Form $4B E-commerce Joint Venture in South Korea - Report

Seeking AlphaDec 26 05:31 ET