Tencent Ecosystem
- 1673.616
- -73.333-4.20%
Market Closed Oct 15 16:00 CST
1735.342High1656.515Low
0.000Open1746.949Pre Close709.43MVolume2Rise20.97P/E (Static)18.04BTurnover2Flatline0.46%Turnover Ratio4.69TMarket Cap16Fall4.42TFloat Cap
Sign in to post a comment
1. Tuesday: China’s stimulus measures announced by the National Development and Reform Commission (NDRC) lacked detail and were seen as underwhelming by many investors.
2. Saturday: There is renewed optimism after the Ministry of Finance held a press conference announcing the following new policies:
• Allocate 400 billion yuan (US$56.57 billion) from the local government debt balance limit to expand local financial resources.
• Tap into an unused bond quota of ...
2. Saturday: There is renewed optimism after the Ministry of Finance held a press conference announcing the following new policies:
• Allocate 400 billion yuan (US$56.57 billion) from the local government debt balance limit to expand local financial resources.
• Tap into an unused bond quota of ...
3
6
PPI -0.6% m/m, with a -0.8% input prices and producer prices for consumption goods dropped by 0.1%.
The weaker PPI numbers are influenced by insufficient market demand and falling prices for certain international commodities, NBS said.
PPI decreased by 0.6%, with the decline narrowing by 0.1 percentage points compared to the previous month.
Producer goods prices fell by 0.8%, while consumer goods prices shifted fro...
2
China Securities believes that the recent press conference by the National Development and Reform Commission (NDRC) did not fully meet market expectations, leading to concerns among investors about the certainty of policies, which in turn affected market sentiment.
Despite the temporary market pullback, positive factors are expected to continue influencing the Hong Kong stock market. According to the broker, the rebound in the Hong Kong market has not yet reached historical peaks, indicating the...
Despite the temporary market pullback, positive factors are expected to continue influencing the Hong Kong stock market. According to the broker, the rebound in the Hong Kong market has not yet reached historical peaks, indicating the...
2
2
GOLDMAN SACHS RAISES CHINA'S 2024 GDP GROWTH FORECAST TO 4.9%, CITING THE GOVERNMENT'S LATEST ROUND OF STIMULUS MEASURES
$Goldman Sachs (GS.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$
$Goldman Sachs (GS.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$
6
5
$Hang Seng Index (800000.HK)$ DECLINES 2%, $Hang Seng TECH Index (800700.HK)$ NEARLY DOWN 4%.
$TENCENT (00700.HK)$ IS NOW DOWN 2.7%, $MEITUAN-W (03690.HK)$ DOWN 6.7%.
$TENCENT (00700.HK)$ IS NOW DOWN 2.7%, $MEITUAN-W (03690.HK)$ DOWN 6.7%.
4
2
$Hang Seng Index (800000.HK)$ those trapped for long time all used this opportunity to sell, eg insitutions, long term retail investors, last time fomo buyers.and do not forget the companies directors and large shareholders! only new fomo retail traders are trapped now ! look at baba, tencent , meituan , i believe their owners are selling or reducing shares discretly
3
2
FAANG: $Meta Platforms (META.US)$ $Apple (AAPL.US)$ $Netflix (NFLX.US)$ $Alphabet-C (GOOG.US)$
MAMAA: $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Meta Platforms (META.US)$ $Alphabet-C (GOOG.US)$ $Amazon (AMZN.US)$
MATANA: $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Amazon (AMZN.US)$ $NVIDIA (NVDA.US)$ $Alphabet-C (GOOG.US)$
MAAANGO: $Marvell Technology (MRVL.US)$ $Broadcom (AVGO.US)$ $Advanced Micro Devices (AMD.US)$ $Analog Devices (ADI.US)$ $NVIDIA (NVDA.US)$ $GlobalFoundries (GFS.US)$ $ON Semiconductor (ON.US)$
...
MAMAA: $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Meta Platforms (META.US)$ $Alphabet-C (GOOG.US)$ $Amazon (AMZN.US)$
MATANA: $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Amazon (AMZN.US)$ $NVIDIA (NVDA.US)$ $Alphabet-C (GOOG.US)$
MAAANGO: $Marvell Technology (MRVL.US)$ $Broadcom (AVGO.US)$ $Advanced Micro Devices (AMD.US)$ $Analog Devices (ADI.US)$ $NVIDIA (NVDA.US)$ $GlobalFoundries (GFS.US)$ $ON Semiconductor (ON.US)$
...
4
4
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
No comment yet
102180832 : The observation is the ccp seems to have much inferior finance tactics in reviving their economy , 10 years ago the Chinese are so boastful of their future . Today their youth do but even seem a glimpse of future
151872513 102180832 : It has always been like that under a communist regeme. They have slow feedback from the market, by the time they understand what it needs they will need to undo a whole lot of changes.
What the communist regeme is good at is rapidly develop an industry out of nowhere, whether it ia EVs, semiconductors, commericial planes etc...as they can direct a nations wealth into a few sectors.
But yeah, your point is totally valid.
102180832 151872513 : This time it’s totally different . No western countries want to invest in China anymore in its stock market . There are major political overtones . If one nation is so ambitious to take everything on the table and there is no negotiation, everyone else will oppose you . And the Chinese themselves are also killing themselves that their youth are also seeing a bleak future not to participate in the work till you die mentality
151872513 : I live in a western country for my entire life and I am pro democracy, but I got to be fair. it is the western countries that refuse to negotiate. These sanctions and tariffes were the results of shutting down any negotiation attempts.
As for the youths, they were actually destroyed by one child policy. Due to the culture is more family orientated than the individualism in western societies, parents there are willing to provide their children with more financial support and put up with their detachment from reality. The youths there refuse to take up any factory jobs despite there is a shortage of skilled labour in China because they can always fall back on their parents.
Their parents generation basically went into voluntary slavery in the 80s and 90s to work for US and European businesses that set up shop in China just to survive because they had nothing to fall back on.
Put it this way, my father is Chinese he had 4 other siblings, his oldest brother left home at the age of 15 to find work and forced to become independant. Because my grand parents couldn't afford to feed him anymore. My father was the fortunate one that got to leave at 18.
Image if all of them stayed home till their 30s and refused to work in labour jobs.
TWeiT : The stimulus are coming in drips and pieces. Lacking the impact market needed.
View more comments...