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, 2024 17:40 ET

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

MT NewswiresDec 27, 2024 02:07 ET

Here's What Makes JD.com Stock Worth a Watch Ahead of 2025

Zacks Dec 20, 2024 07:35 ET

Market Chatter: Sunac Seeks Compensation for Botched Dalian Wanda Deal

MT NewswiresDec 20, 2024 06:04 ET

SWHY: Initiates a Buy rating for JD.com Logistics as integrated supply chain expansion opportunities arise.

SWHY released a research report stating that it initiates coverage of JD.com Logistics (02618) with a "Buy" rating. S.F. Holding has significant profits from its core business in timely delivery with high barriers, while JD.com Logistics's integrated supply chain business is also scarce and its high-quality services have earned a good brand premium, making its industry reputation and brand comparable to S.F. Holding. Therefore, the company's integrated supply chain business has also formed a high moat, achieving strong customer loyalty and timeliness at a high industry level. Additionally, JD.com Logistics's new business is similar to S.F. Holding's new business, giving the two companies strong comparability. SWHY's main viewpoints are as follows: JD.com Logistics is

Sina Hong Kong Stock MarketDec 20, 2024 05:01 ET

Ministry of Commerce: From January to November, the national online retail sales reached 14 trillion yuan, a year-on-year increase of 7.4%.

The head of the Department of E-Commerce of the Ministry of Commerce introduced the development situation of E-Commerce in China from January to November 2024.

Zhitong FinanceDec 20, 2024 04:14 ET