Express News | Shares of US-listed Chinese Stocks Are Trading Lower After China's September Exports Missed Estimates
Express News | PDD Holdings Down 4.2%, NetEase Down 3.4%, Baidu Down 3.6%
Top Gap Ups and Downs on Monday: BLCO, SIRI, ICL, HMY and More
Hong Kong stock market morning report on October 15: US-listed china concept stocks generally fell, Huang Tianyou appointed as the Chairman of the Hong Kong Securities and Futures Commission.
1. Federal Reserve Board member Waller stated that interest rates may be cut earlier if inflation falls below 2%. 2. OPEC has lowered its oil demand growth forecast for the third consecutive month, leading to a more than 2% decline in international crude oil futures prices. 3. The newly appointed Chairman of the Hong Kong Securities and Futures Commission, Huang Tianyou, stated that he will foster a sustainable and active capital market. 4. The three major U.S. stock indexes all closed higher, while china concept stocks in the popular sector generally declined.
U.S. stocks closed: S&P, Dow hit new all-time highs again, while the Chinese concept stock index fell by more than 2%.
1. China concept stocks were generally down, with the Nasdaq Golden Dragon Index falling by 2.09%; 2. Media revealed: Tesla's Optimus was remotely controlled during the press conference; 3. The Qualcomm Snapdragon 8 Gen4 chip is highly bullish; 4. Adobe launched the Wensen video AI model, challenging OpenAI and Meta.
Shares of US-listed Chinese Stocks Are Trading Lower on Continued Weakness Amid Stimulus Uncertainty.
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