Major rating ｜ Daiwa Capital Markets: Prefer stocks that benefit from domestic demand or policy support, including Meituan, Mengniu, Tencent, and Trip.com in the 'buy' list.

Dahua Jixian's report pointed out that looking ahead, the bank expects that with Trump returning to the White House, the tension between China and the US may escalate, and Trump's inclination to increase tariffs may bring unfavorable factors. Therefore, the bank prefers stocks related to domestic demand or benefiting from policies, and has included Meituan, Mengniu, Tencent, and Ctrip in the "buy" list. Regarding Meituan, the bank is bullish on the continuous expansion of its food delivery business market share, the increase in penetration rate of its fresh e-commerce business, and the synergistic effects with core business and new measures; with a target price of 222 Hong Kong dollars. As for Mengniu, the bank believes that the balance between supply and demand of raw milk will be achieved by the mid-2025, and the status of channel inventory

Gelonghui FinanceDec 4 00:09 ET

Ctrip Group-S rose 3% in early trading, with institutions indicating stable revenue growth despite a high base.

Ctrip Group-S (09961) rose 3% in early trading, now at 532 Hong Kong dollars, with a turnover of 0.353 billion Hong Kong dollars. gtja's research report stated that Ctrip's third-quarter revenue met expectations, with growth in hotel, transportation, and business revenue all at the upper limit of guidance, but group tour business revenue growth was lower than expected. Considering the high base from the same period last year, the performance of transportation ticketing and hotel bookings during the period indicates that tourism and service demand remain strong. The bank stated that Ctrip's third-quarter performance exceeded expectations, with stable revenue growth under a high base, and ideal cost control.

Sina Hong Kong stocksDec 3 22:26 ET

Hong Kong stocks unusual movement | Ctrip Group-S (09961) rose by over 3% again, the company's third-quarter performance exceeded expectations. Institutions pointed out that under the high base, income growth remains stable.

Ctrip Group-S (09961) rose more than 3% again, accumulating over 11% post-performance. As of the deadline, it rose by 3.1%, reaching 532.5 Hong Kong dollars, with a turnover of 0.272 billion Hong Kong dollars.

Zhitong FinanceDec 3 21:53 ET

The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.

South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.

wallstreetcnDec 3 18:09 ET

Top Gap Ups and Downs on Tuesday: ACN, DB, X and More

Moomoo NewsDec 3 18:00 ET · Markets

Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.

On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.

wallstreetcnDec 2 17:40 ET