The Political Bureau of the CPC Central Committee, which mysteriously did not issue a meeting statement in November, issued a post-meeting report for the December meeting on Monday (9th). The opening remarks of the meeting continued to affirm the achievements of the Chinese government throughout the year. Notably, the outlook for the economy in the upcoming year exceeded market exp...
The escalation of the Russia-Ukraine conflict briefly pushed up safe-haven assets such as the dollar, yen, Swiss franc, and gold. However, U.S. restrained responses cooled sentiment.$Nasdaq Composite Index (.IXIC.US)$rebounded after a lower open, while$Dow Jones Industrial Average (.DJI.US)$was the only major U.S. index to close lower. European stocks halved earlier losses. NVIDIA jumped 4.9% ahead of its highly anticipated earnings report, while AMD soared over 31%. The China ADR Index ...
$Weibo (WB.US)$ Weibo Announces Third Quarter 2024 Unaudited Financial Results Third Quarter 2024 Highlights • Net revenues were US$464.5 million, an increase of 5% year-over-year or an increase of 3% year-over-year on a constant currency basis [1]. • Advertising and marketing revenues were US$398.6 million, an increase of 2% year-over-year or flat year-over-year on a constant currency basis [1]. • Value-added services ("VAS") revenues were US$65.9 million, an increase of 25% year-over-...
December to February is typically a unique period in financial markets due to a combination of seasonal trends, holiday spending, tax-related activities, and year-end corporate earnings. Here are some notable historical trends during this period: 1. The Santa Claus Rally (Late December) The "Santa Claus Rally" refers to a historical tendency for stock markets to perform well in the last week of December and the first two trading days of January. This pattern is ...
2024-12-09
10% up after the matket opened
2024-12-02
It’s uptrend
2024-11-25
Potential bullish movement is coming
$Weibo (WB.US)$ $WB-SW (09898.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$
The China ADR Index ...
Weibo Announces Third Quarter 2024 Unaudited Financial Results
Third Quarter 2024 Highlights
• Net revenues were US$464.5 million, an increase of 5% year-over-year or an increase of 3% year-over-year on a constant currency basis [1].
• Advertising and marketing revenues were US$398.6 million, an increase of 2% year-over-year or flat year-over-year on a constant currency basis [1].
• Value-added services ("VAS") revenues were US$65.9 million, an increase of 25% year-over-...
1. The Santa Claus Rally (Late December)
The "Santa Claus Rally" refers to a historical tendency for stock markets to perform well in the last week of December and the first two trading days of January. This pattern is ...
No comment yet