Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.

In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.

wallstreetcnSep 12 19:04 ET

The second largest fine in the payment industry this year has been issued, with Youzan Payment being heavily fined 27.87 million yuan, while Lakala, Du Xiaoman, and others have been "double punished".

The Beijing branch of the People's Bank of China disclosed five penalty orders for payment institutions on September 10th. Among them, Yoozhang Payment was fined 27.87 million yuan, setting the second largest penalty in the payment industry this year, and both former CEOs were fined, which is rare. Experts in the industry say that regulatory oversight is becoming more detailed, with requirements for complete record-keeping from service agreement formats to transaction information. From the perspective of regulatory trends, the dual penalty system for the payment sector is still in effect.

cls.cnSep 11 09:06 ET

Chinasouthcity management team welcomes major changes. The company suffered a loss of HKD 4.3 billion in the first half of the year.

Chinasouthcity, which once attracted wide attention from the market due to debt defaults, has undergone major changes in its management team, with two executive directors announcing their resignations. In the first half of 2024, Chinasouthcity's revenue was HKD 1.215 billion, a decrease of 51.7% year-on-year; the loss reached HKD 4.311 billion, an increase of 593.7% year-on-year.

cls.cnSep 10 07:46 ET

Is the Mid-Autumn Festival tourism market not booming? The prices of airfare and hotels are the same as the off-season, and long-distance outbound tours during the National Day holiday are still popular.

From the perspective of OTA platforms and travel agencies, the prices of air tickets, hotels, and travel products during the Mid-Autumn Festival holiday this year are basically the same as usual. Long-haul outbound tours during the National Day holiday are still popular, with popular products from travel agencies such as Chunqiu Travel and utour group selling out.

cls.cnSep 7 22:36 ET

Tencent Games Cloud "Monster Fighting Level Up"

All new upgraded full-lifecycle solutions.

wallstreetcnSep 7 09:27 ET

Tencent Cloud sounds the horn for software going global.

Exhibition of the panoramic view of the first overseas debut.

wallstreetcnSep 7 09:01 ET