Tencent wants to invest money in the most critical areas.
They voluntarily withdrew or contracted many businesses.
The US Federal Reserve has been slow to cut interest rates, and the size of the US money market has surpassed 6.15 trillion US dollars, reaching a new high.
In the week ending on the 2nd, there was a inflow of approximately $51.2 billion into the US fund market, the largest inflow in three months. Some analysts pointed out that as long as the Federal Reserve continues to hold steady, funds will continue to flow into currency funds.
The US election has stirred up the market! The speculation around Biden's withdrawal continues to ferment, and Wall Street turns to 'Trump's trade'.
Traders are adjusting their positions.
Express News | Tesla Received EU Inspectors Last Week At Its Chinese Factories; EU Inspection Of Tesla China Factories Could Result In Co Getting Lower Duty Than Average Of 21% On Chinese EV-Makers
Express News | Ishares China Large Cap ETF up 1.5%, Kraneshares CSI China Internet ETF Gains 2.5%
Express News | PDD Holdings up 1.5%, NetEase Gains 2%, Baidu Rises 2.2%
Express News | U.S.-Listed Shares of Chinese Firms Rise Tracking Hong Kong Shares Surge
Express News | Li Auto Climbs 4.7%, JD.com Adds 1.8%, NIO up 4.5%, Xpeng Rises 3.3%
Meituan plays the card of "Must-Try Ranking".
The content means traffic.
Express News | JX Luxventure's Subsidiary JX Hainan Enters $100M Cooperation Agreement With Tianjin Auto Trading To Market And Sell High-End Foreign Luxury Automobiles
Alibaba has launched an AI super application.
When pdd holdings surpassed Alibaba's market cap in November last year, Jack Ma encouraged his team internally, saying that the era of AI e-commerce has just begun and it is an opportunity for everyone.
Is the US labor market showing signs of losing momentum? Investors are closely watching two key reports this week.
The hot labor market has always been a key obstacle preventing the Fed from cutting interest rates.
Express News | JD.com Said To Be Among Possible Bidders For Parcel Company Evri
Xiaomi's targeted smart driving enterprise, Bote Vehicle Networking, is going public in Hong Kong | SeeSmart Research.
On June 28th, Bo-tai Vehicle Networking Technology (Shanghai) Co., Ltd. officially submitted its prospectus to the Hong Kong Stock Exchange.
Asia Markets Mostly Rise After Gains on Wall Street; Traders React to Hawkish RBA Minutes
AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.
Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.
Express News | Datasea Announces Three New Sales Agreements Totaling $61.7M With Chinese Subsidiaries; Supports Fiscal Year 2025 Revenue Growth For Core AI-Based Businesses; Includes Two Agreements For 5G-AI Communications And One For High-Tech Acoustic Products
TH International Limited Secures Up To $65M Financing; Includes $50M In Convertible Notes With $40M Issued At Closing; RBI Acquires Popeyes China Business For $15M; Tims China Issues $15M Convertible Note To Extinguish Deferred Consideration For...
TH International Limited Secures Up To $65M Financing; Includes $50M In Convertible Notes With $40M Issued At Closing; RBI Acquires Popeyes China Business For $15M; Tims China Issues $15M Convertible
Alibaba To Close Data Centers in Australia And India, Divert Investments To Southeast Asia And Mexico
Alibaba Group Holding Group's (NYSE:BABA) cloud computing unit will shut down its data centers in Australia and India as it redirects infrastructure spending to other markets.
Bloomberg Reported Earlier: Apple's iPhone Shipments in China Rose 40% In May YoY
Bloomberg Reported Earlier: Apple's iPhone Shipments in China Rose 40% In May YoY