Diversified Retailers
- 1063.329
- -34.401-3.13%
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
0.5 billion "Aesthetic Culture" ignites the millet economy: saving offline business districts and supporting a trillion yuan market | Frontline
① Relevant data shows that in recent years, the number of pan-2D users in china has rapidly grown, and it is expected that by 2026, this number will further increase to 0.52 billion people. ② In recent years, many traditional retail locations have been poorly managed and have actively aligned with the consumption preferences of young people, introducing a large number of trendy toys and related merchandise. ③ The core of the guzi economy revolves around developing commodities that satisfy the emotional value of consumers based on intellectual property.
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.
U.S. stocks closed: The S&P reached a historic high for the 55th time this year, while the index of Chinese concept stocks had four consecutive days of gains.
① The S&P and Nasdaq hit new highs, but the momentum is weak; ② A "nightmare" occurred with the south korea etf; ③ Tesla's "bullish investors" announced they will no longer go ALL-IN; ④ Apple is assessing the use of amazon chips to train AI models.
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.
Biggest Stock Movers Monday: STLA, MNSO, and More
Overseas revenue increased by 39.8% year-on-year, miniso: Next year will focus on developing the millet economy | Direct hit earnings conference
① In response to the potential risk of additional tariffs imposed by the usa, Ye Guofu stated at last night's earnings conference that miniso is actively taking various measures, including increasing the proportion of local assets and seeking alternative supply chains in Southeast Asia, Japan, and South Korea, to ensure the stability of the supply chain. ② According to Zhang Jingjing, miniso expects to resolve no less than 60% of the investment amount through external borrowing.
Did Ye Guofu win a game against Jack Ma?
Retail stands a new king.
European and American stocks and bonds both fell, tesla rose more than 9% after hours, silver fell by 4%, the dollar reached its highest level in nearly three months
European and American central bank officials called for caution in cutting interest rates, with US Treasury yields rising to pressure low-risk assets. The Dow and S&P indices fell by about 1% for the third consecutive day, NVIDIA initially dropped over 4%, cloud-based company Kujiale warned of profit slump nearly 3% in US stock, China concept index turned down, but Li Auto Inc. rose by nearly 4%. The 10-year US Treasury yield once rose above 4.26% to a three-month high, and the yen fell below 153 for the first time in three months. Oil prices fell by more than 1%, spot gold approached $2760 to hit a new high before falling by over 1%, and silver initially dropped by 4%.
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"China's version of Sam's Club" is coming.
yonghui superstores has changed ownership.
Miniso joins hands with Yonghui to "gamble" on offline supermarkets! Is the "Chinese version of Costco" coming soon?
Pindao Concept Mode, as well as Yonghui's Pindao Concept Mode transformation, has become the most critical factor in attracting Miniso to enter, is China's major transformation in supermarkets coming soon?
After miniso "takes over" yonghui superstores as the largest shareholder, the US stock market fell by over 16%.
Interpretation suggests that as a rapidly globalizing retail brand in China, the collaboration between Miniso and Yonghui is expected to create a "Chinese version of Sam's Club".
US stocks plunged 19% at the opening! Miniso plans to buy shares with 6.3 billion cash, becoming the largest shareholder of yonghui superstores. Rapid announcement.
1. guangdong Juncai International Trade Co., Ltd. intends to acquire 29.4% equity of Yonghui Superstores through agreement transfer, becoming the latter's largest shareholder; 2. Miniso's US stock opened with a decline of over 19%, and the company's management stated that it is not expected to become the controlling shareholder of Yonghui Superstores; 3. Yonghui Superstores' revenue and profit both decreased in the first half of the year, with the company stating that there has been a certain degree of decline in customer traffic and average customer spending in the first half of the year.
MINISO Group Holding Limited (MNSO) CYQ2 2024 Earnings Call Transcript Summary
Miniso's performance in the first half of the year exceeded expectations and will repurchase up to 2 billion Hong Kong dollars worth of shares | Financial report news.
The management of the company is confident in the company's business prospects and believes that the current stock price is below its intrinsic value. Good performance has driven Miniso's US stocks to open with a significant increase of 10%, but the gain was later reversed.
Chinese E-Commerce Giants Poised for Growth Following New Government Policy Support
Earnings Call Summary | MINISO(MNSO.US) Q1 2024 Earnings Conference
Mingchuang Premium's Q1 revenue reached a record high, and the speed of store expansion reached the fastest quarter｜Financial News
On the afternoon of May 14, Mingchuang Premium Group announced financial results for the first quarter of 2024. The data shows that this is the Q1 where Mingchuang Premium's revenue reached a record high and stores expanded the fastest. The company went overseas smoothly. Overseas market revenue increased 53% year over year, exceeding the company's most optimistic expectations and setting a new record for the first quarter. Among them, overseas direct management grew by more than 80% for four consecutive quarters. Furthermore, the TOP TOY brand has been profitable for two consecutive quarters. Financial data shows that in the first quarter, the company's total revenue increased 26% year on year to 3.72 billion yuan, up 26% year on year; gross profit margin was 43.4%, compared to last year