CICC: The proportion of hold positions in consumer stocks in Hong Kong for the third quarter of 2024 has increased significantly, with alibaba-W receiving much attention after its inclusion.

China International Capital Corporation released a research report stating that in Q3 2024, the total scale of public fund holdings in Hong Kong stocks has significantly increased, and the proportion of southbound transactions has also risen, but this is not due to active shareholding. In the segmented industry, alibaba-W entered the Hong Kong Stock Connect in September, and the holding ratio in the consumer discretionary sector has increased the most. At the same time, the new economy sectors such as consumer services, pharmaceuticals, and biotechnology also saw significant increases. On the individual stock level, alibaba-W (09988) has been quite favored after entering the connect, and public funds have also increased their holdings in technology leaders like Tencent (00700), while CNOOC (00883) and china mobile (00941) saw a noticeable decline. In terms of heavy holdings.

Sina Hong Kong Stocks02:03 ET

usa crude oil market lit up with a red light for the first time in nine months: warning of oversupply sounded!

The global oil market once again sends a warning signal of oversupply, with an important indicator in the usa crude oil market — the prompt price difference falling to a negative value for the first time.

Zhitong Finance18:49 ET

Oil Steady After Biggest Gain in Over Five Weeks on Weak Dollar

BNN Bloomberg18:32 ET

Express News | Shares of Energy and Oil Stocks Are Trading Higher Amid a Rise in the Price of Oil, Which Gained on Russia-Ukraine Tensions and a Norway Oilfield Shutdown

Benzinga15:29 ET

Goldman Sees Short-Term Support for Oil; Supply, Tariffs May Add Pressure

Dow Jones14:52 ET

Unusual Options Activity: TECK, WSC and Others Attract Market Bets, TECK V/OI Ratio Reaches 192.9

Moomoo News13:30 ET