NetEase Q2 2024 Earnings Preview
Asia Mixed, European Markets Advance; Gold Stays Near All Time High While Dollar Gains - Global Markets Today While US Slept
Chinese Tech Giants Alibaba And Tencent Ramp Up AI Investments, With Nearly A Third Of Deals Since 2023 Aimed At AI Startups
Walmart and jd.com have "broken up".
Walmart eases the funding pressure of its diversified global strategy.
Alibaba-Rival JD.Com Plummets Over 7% in Pre-Market After Largest Shareholder Walmart Sells Stake To Reportedly Raise $3.74M
What is the reason for the year-on-year decrease in net profit of some private banks? The Financial Regulatory Bureau responded.
Liao Yuanyuan said that the net income growth rate of private banks has experienced negative growth. Mainly because these banks have significantly increased their provisions compared to the same period last year, which directly affects the current profits and leads to a temporary decline in net income of private banks.
Asia-Pacific Stocks Mostly Fall Tracking Losses in Global Market; Japan's Trade Swings to Deficit
The key clues to the Fed's end of balance sheet reduction need to be found in tonight's Fed minutes?
As the discussion on when the Federal Reserve will end its current quantitative tightening (QT) policy continues to heat up on Wall Street, market strategists are hoping to gain more guidance from the Fed minutes to be released tonight; While most market observers currently predict that the Fed will completely end its balance sheet reduction at some point towards the end of this year, the specific timing has yet to be determined.
Goldman Sachs comments on "Black Myth: Wukong": a turning point for Chinese console games, with steam sales potentially reaching 20 million copies.
Goldman Sachs expects that under the baseline scenario, "Black Myth: Wukong" will sell over 12 million copies on Steam, generating over 3 billion yuan in revenue. Under an optimistic scenario, it may sell 20 million copies and generate over 5 billion yuan in revenue, and this does not include sales on Tencent WeGame and Sony PlayStation platforms.
The new energy auto conference is approaching, and the production and sales data continues to be impressive. These symbols are frequently surveyed by institutions.
The 2024 China (Zhengzhou) New Energy Auto Ecological Partner Conference will be held from September 22nd to 24th in Zhengzhou City.
JD.com's stock price plummeted, and the media reported that its largest shareholder, Walmart, is seeking to sell 0.14 billion shares.
Media reports that Walmart's quote for trading 0.1445 billion shares of JD.com stocks is at a minimum of $24.85 per share, discounting 11.8% compared to JD.com's Tuesday closing price. Updating.
Express News | Reported Earlier: 'Shein Is Suing Temu For Copyright Infringement' - 404media
Express News | China's Commerce Ministry, On EU's Definitive Findings On Anti-Subsidy Probe Into Chinese EV Says, EU Failed To Fully Absorb China's Opinions, And Insisted On Its 'Wrongdoings'; China Firmly Opposes It And Highly Concerned By This
Tmall Beauty is sharpening its knife.
Make a move.
Express News | Financial Times Reported Earlier, EU To Hit Teslas Imported From China With 19% Tariffs
August LPR quote remaining unchanged meets market expectations. Industry experts predict that the main policy interest rate in the fourth quarter may be cut again, which will guide LPR to adjust accordingly.
Last month, the two LPR quotes for different maturity varieties were just lowered by 10 basis points respectively. In addition, the main policy interest rate of the central bank before this quote (7-day reverse repo rate) remained stable. Therefore, the unchanged LPR quotes for the two maturities in August are in line with market expectations.
"Jackson Hole" is a blessing for the stock market? Illustration: over the years, the U.S. stock market has risen more than fallen before and after this event.
One of the main focuses of the global financial market this week is the upcoming Jackson Hole Global Central Bank Annual Meeting, which will kick off on Thursday. According to DataTrek Research, the good news is that historically, the US stock market has risen more than fallen before and after this annual economic policy seminar hosted by the Federal Reserve.
What will Powell, Jackson, and Hull say at the annual meeting? Traders focus on interest rate cuts, and this Friday may cause a huge earthquake in the US stock market.
Wall Street insiders believe that Powell may not give a clear signal on interest rate cuts, and the key to maintaining market sentiment is not Powell's words, but his tone. The options market pricing expects that the rise or fall of the S&P on Friday will exceed 1%.
Express News | Estée Lauder CFO Predicts Mainland China Sales To Be Flat To Down High Single Digits In Fiscal 2025
Adjustments are imminent! Many agency platforms are facing a wave of delisting for dozens of old products with a reserved interest rate of 3% on insurance products.
Ant Insurance, Huize and other insurance agency platforms have released reminders that nearly 30 insurance products with a 3% reservation rate will be taken off the shelves at the end of this month. Industry insiders have analyzed that after the reservation rate is lowered, the yield of savings-type products will decrease by approximately 14%, while premiums for guarantee-type insurance such as critical illness insurance are expected to increase by 20%.