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iShares China Large-Cap ETF Newsroom
Express News | Reported Earlier, People's Bank of China Loan Prime Rate 3.35% Vs. 3.45% Est.; 3.45% Prior
Express News | Reported Earlier, China Loan Prime Rate 5Y For July 3.85% Vs. 3.95% Est.; 3.95% Prior
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Lei Jun is going to challenge the ten-million-level racing.
The Long March has just begun.
Two officials of the Federal Reserve indicated that it is necessary to reform the discount window tool.
Boorman, a director of the Federal Reserve, and Logan, the president of the Dallas Federal Reserve, suggested that the Federal Reserve should assess to what extent its emergency lending tools can meet the liquidity needs of the banking system, implying the need to reform the discount window.
Express News | 'Google, Microsoft Help Chinese Firms Skirt Ban On Nvidia Chips' - The Information
Express News | European Commission Has Signaled To BMW, Volkswagen That It May Reconsider Tariffs For Their China-Made EVs
Express News | 'Huawei Faced Difficult Days as Global Smartphone Sales Plunged, Executive Says' - SCMP
FAW-Volkswagen is going to fight a tough battle.
Eager to break through.
Express News | Li Auto Down 4.9%, JD.com Slips 4.4%, NIO Falls 6.4%, Xpeng Losses 5.8%
China Headwinds Signal Need to Bolster Consumer Confidence
China's latest economic data suggest continued supply-side momentum but challenges on the demand end, says Chaoping Zhu, global market strategist at J.P. Morgan Asset Management. Exports have grown
Express News | Reported Earlier, Chinese Unemployment Rate For June Unchanged At 5.0%
Express News | Reported Earlier, China Industrial Production Year to Date (YoY) For June 6.0% Vs. 6.2% Prior
Express News | Reported Earlier, China Gross Domestic Product (YoY) For Q2 4.7% Vs. 5.1% Est.; 5.3% Prior
Express News | Reported Earlier, China Fixed Asset Investment (YoY) For June 3.9% Vs. 3.9% Est.; 4.0% Prior
Alipay has once again surged to the forefront.
Consolidate the position.
"Beautiful Little Waste" attracts Lei Jun to enter the game.
Author: Huang Yu / Editor: Zhou Zhiyu. "Beautiful little waste?" On July 12th, Xiaomi founder Lei Jun's statement on Weibo sparked speculation and discussion. As the most savvy marketer, this entrepreneur undoubtedly created buzz for Xiaomi's upcoming first small folding phone (also known as the "vertical folding phone") and implied that Xiaomi wants to change the stereotype left by previous small folding phones. Xiaomi values its upcoming first small folding phone. Recently, Xiaomi's product manager Wei Siqi revealed to the public that the release conference of Xiaomi MIX Fold 4 (large folding) and Xiaomi MIX Flip (small folding) will be held.
Express News | Reported Earlier, China New Loans For June 2,130.0B Vs. 1,050.0B Est.; 950.0B Prior
China's Third Plenum May Hold Less Weight This Year
China's Third Plenum, a traditionally significant policy-making event, to be held next week may not matter much this time, Maybank analysts say. With China facing an increasingly competitive,
Express News | Reported Earlier, China Trade Balance (USD) For June 99.05B Vs. 85.00B Est.; 82.62B Prior