On Thursday, Chinese tech stocks experienced another substantial rally, as the Chinese Golden Dragon Index$NASDAQ Golden Dragon China (.HXC.US)$soared nearly 11% for the day, marking its largest increase since 2022. Since the beginning of this week, the Chinese Golden Dragon Index has cumulatively risen by 19.18%. During Friday's trading session in Asia-Pacific, the$CSI 300 Index (000300.SH)$climbed by 4...
SPICYDOC辣刀客
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“Strategist Laura Wang and her colleagues anticipate a further 10% short-term increase in the CSI 300 Index.”She did not define short-term, 3-5% today, after National Day Holiday week, another 4-10% in 1-2 days· Holiday data will be good and cheer people up more. Then, still undervalued.
HSBC Global Research forecasts that Tencent's domestic game revenue will grow faster in 3Q24 and 4Q24, driven by new titles like DNF: Origins and Valorant, along with sustained engagement in popular existing games. In contrast,$NTES-S (09999.HK)$’s revenue growth may slow year-over-year in 3Q24 due to tough comparisons with Justice and Eggy Party but should recover by 4Q24, aided by new games like Nara...
During Friday's trading session in Asia-Pacific, the $CSI 300 Index (000300.SH)$ climbed by 4...
In contrast, $NTES-S (09999.HK)$ ’s revenue growth may slow year-over-year in 3Q24 due to tough comparisons with Justice and Eggy Party but should recover by 4Q24, aided by new games like Nara...
Just past 4 pm ET, the $S&P 500 Index (.SPX.US)$ traded +40 bps, an all time closing high, the $Dow Jones Industrial Average (.DJI.US)$ climbed 60 bps, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 6...
Chinese leaders pledged on Thursday to deploy "necessary fiscal spending" to meet this year's economic growth target of roughly 5%, acknowledging new problems and raising market expectations for fresh stimulus on top of measures announced this week.
The remarks, which included g...
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sold majority of my position and kept minor. THANKS FOR THE RIDE
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