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The asset management giant Vanguard Group has bought into newborntown, becoming one of the largest institutional investors.
Financial terminal data shows that the global asset management giant Vanguard Group recently bought shares of Newborntown (9911.HK), becoming one of the largest institutional investors in Newborntown. Vanguard Group is a leading asset management giant driving the development of index funds in the USA, and is also the world's largest mutual fund and second largest exchange-traded fund (ETF) provider. As a top social entertainment company deeply cultivating the markets in the Middle East and North Africa, Newborntown Technology has shown impressive performance this year, with its market cap continuously improving. From the beginning of the year to November 25th, the stock price has risen by 92.27%, with a 28.62% increase in the past 3 months.
Three D Partners Buys Back Nearly 3 Million Shares of Newborn Town
[Brokerage Focus] Guoyuan International: Current internet plus-related sector consolidation continues, caution remains the main focus in the short term.
Jinwu Financial News | Guoyuan International stated that the current consolidation in the internet plus-related sector continues, with a cautious outlook in the short term. The bank believes that the continuous strength of the usd, combined with the release of risks due to the macroeconomic situation being below expectations, leads to a tightening of liquidity in overseas markets, causing funds to flow from the Asia-Pacific and europe to the usa market. In the short term, on one hand, Hong Kong stocks are significantly influenced by external risk sentiment and capital flow, and market performance is under pressure from fundamentals data not meeting expectations and reduced risk appetite for funds. On the other hand, the market is also waiting for policies to be implemented to accelerate the repair of the economic fundamentals, so the current Hong Kong stocks will be in a volatile pattern. Therefore, attention can currently be focused on.
[Brokerage Focus] Guoyuan International expects that the demand for internet-related IT services will be able to be sustained in the fourth quarter.
Jinwu Finance | Guoyuan International believes that the recent performance of Hong Kong stocks is under pressure both internally and externally. On one hand, market performance is facing pressure from disappointing fundamental data and a reduction in risk appetite for funds. On the other hand, a combination of policy measures and the accelerated issuance of special bonds is expected to gently pull the economy towards recovery. Therefore, the current Hong Kong stock market is in a volatile pattern, and short-term fluctuations are difficult to escape. Attention can be paid to high-dividend, policy-supported, and internet plus-related leading sectors with comparative advantages. In the U.S. stock market, the PE and market cap levels have reached historical highs, and there are concerns that future performance growth will not support the existing valuations. If the growth rate slows down, there will be significant pressure on the secondary market.
Newborn Town Joins Saudi Arabia's Regional Headquarters Program
Newborn Town's Appointee Repurchases Over 1 Million Shares
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