Food prices especially vegetables, fruits, and eggs rose due to the high temperature and rainy days. Domestic gasoline prices fell 3% m/m or 2.7% y/y. Fuel vehicle prices dropped by 6.4% y/y, and the decline extended. Travel season ended, flight tickets and hospitality dropped 11.9% and 3.6% y/y respectively Pork prices rise by 16.1% y/y, -4.3 PPS vs July. For y/y price changes Food, tobacco & liquor -0.1% Clothing +1.4% Accomodation +0.0% Necessities & services +0.2% T...
Tencent Cloud has surpassed 10,000 overseas customers and continues to see double-digit growth internationally for the third year in a row. The Asia-Pacific region's revenue grew by over 50% YoY, and the Middle East saw an 85% YoY increase. $TENCENT (00700.HK)$$Tencent (TCEHY.US)$$Hang Seng TECH Index (800700.HK)$
$NVIDIA (NVDA.US)$continues to lead the AI chip market, while$Huawei Hongmong (BK0795)$faces challenges competing with its Ascend series. Huawei’s software platform Cann struggles to match Nvidia’s CUDA, despite efforts to assist major clients like Baidu and Tencent in the transition. Nvidia remains strong, with analysts optimistic about its future despite challenges with its new Blackwell chips. Nvidia stock surged 146% in the last 12 mo...
$TENCENT (00700.HK)$repurchased 2.69 million shares on the Hong Kong Stock Exchange yesterday (4 September) at a price ranging from $371.2 to $376.4 per share, involving a total of $1 billion. Since the passing of the ordinary resolution, the company has repurchased nearly 139 million shares, accounting for around 1.47% of the company's issued shares. $Tencent (TCEHY.US)$$China Concept Stocks (BK2517)$$Hang Seng TECH Index (800700.HK)$
China invested $25 billion in semiconductor equipment in the first half of 2024, surpassing the combined spending of the US, Taiwan, and South Korea. This massive investment aims for semiconductor independence, potentially impacting global chipmakers like Nvidia and ASML. Despite US-led sanctions, China remains a major buyer of semiconductors, with Nvidia's China sales up 33.8% YoY to $3.7 billion. However, the global push for ...
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Let’s hope US doesn’t ban 悟空 gamers from buying Nvidia GPUs for their rigs
Domestic gasoline prices fell 3% m/m or 2.7% y/y. Fuel vehicle prices dropped by 6.4% y/y, and the decline extended.
Travel season ended, flight tickets and hospitality dropped 11.9% and 3.6% y/y respectively
Pork prices rise by 16.1% y/y, -4.3 PPS vs July.
For y/y price changes
Food, tobacco & liquor -0.1%
Clothing +1.4%
Accomodation +0.0%
Necessities & services +0.2%
T...
Mainland's benchmark $SSE Composite Index (800146.HK)$ dropped by 1%.
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$
$BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$ $BYD COMPANY (01211.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $Hang Seng TECH Index (800700.HK)$
Zou Lan, head of the PBOC's monetary policy department, says further decline of deposit and loan interest rates also faces certain constraints.
$BANK OF CHINA (03988.HK)$ $BANK OF CHINA (03988.HK)$ $CCB (00939.HK)$ $CNH/CNY (CNHCNY.FX)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$
Nvidia remains strong, with analysts optimistic about its future despite challenges with its new Blackwell chips. Nvidia stock surged 146% in the last 12 mo...
Since the passing of the ordinary resolution, the company has repurchased nearly 139 million shares, accounting for around 1.47% of the company's issued shares.
$Tencent (TCEHY.US)$ $China Concept Stocks (BK2517)$ $Hang Seng TECH Index (800700.HK)$
Despite US-led sanctions, China remains a major buyer of semiconductors, with Nvidia's China sales up 33.8% YoY to $3.7 billion. However, the global push for ...
Non-Manufacturing PMI 50.3 [Est.50.1 Prev.50.2]
Composite PMI 50.1 [Prev.50.2]
*Manufacturing PMI at the weakest since Feb.
$Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $JD-SW (09618.HK)$ $BIDU-SW (09888.HK)$ $BYD COMPANY (01211.HK)$ $NIO-SW (09866.HK)$ $XIAOMI-W (01810.HK)$
Since the ordinary resolution was passed, the Group has repurchased a total of 128 million shares, accounting for 1.36% of its issued shares.
$Tencent (TCEHY.US)$ $China Concept Stocks (BK2517)$ $Hang Seng TECH Index (800700.HK)$
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