Express News | Li Auto Down 3.9%, NIO Down 5.4%, Xpeng Down 6%
Alibaba Options Volume More Than Triples After China Vows to Bolster Growth
Express News | Ishares China Large Cap ETF Down 4.7%, Kraneshares CSI China Internet ETF Down 5.1%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket Tracking Losses in Mainland Peers as Stimulus Optimism Fades
Lei Jun wants to dethrone the Model Y.
There is still a need to overcome the capacity challenges.
Asia Markets Surge, Defied Selloff on Wall Street on China's Economic Policy Shift to Spur Growth
Express News | Reported Earlier, China Trade Balance (USD) For November 97.44B Vs. 94.00B Est.; 95.27B Prior
The interest rates for consumer loans at some "2"-tier banks will decrease by 10 basis points again in December, while the lowest interest rate at major banks has already dropped by 50 basis points this year.
① The consumer loan products promoted by banks with extremely low interest rates are mostly aimed at high-quality customers, so it is important for customers to pay attention to the actual interest rate level when applying, and then decide whether to borrow. ② The reduction in personal consumer loan interest rates helps to lower the costs for holders of consumer crediting, promoting demand for consumer crediting, and thus driving consumption.
Alibaba Games is about to launch an attack.
Inject enthusiasm.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.
The Model Y has a strong competitor: Xiaomi's first SUV is revealed, officially announcing that the YU7 will be launched in the summer of next year.
The Ministry of Industry and Information Technology's public information shows that the YU7 is 4999mm long, 1996mm wide, and 1600mm high. Because it looks similar to the ferrari Purosangue, netizens jokingly call it "Falami." Xiaomi expects the new car to officially launch in June or July next year, but has not disclosed the pricing.
Express News | China Concept Stocks Are Surging, HXC Index Up 10%.
Alibaba, JD.com Stocks Jump. Why China's Fresh Stimulus Pledge Is All About Trump.
Express News | Bytedance, TikTok Seek Emergency Injunction To Block Law That Would Force Sale Or Ban Tiktok
Jack Ma makes a rare public appearance and speaks out.
Guide the ants in the right direction.
Is the winter cultural tourism gradually improving? The "ice and snow +" consumer spending and industrial business are thriving.
① The "Ice and Snow +" cultural tourism activities in the northeast are abundant, with Harbin Ice and Snow World expanding to 1 million square meters. It is expected that this year's ice and snow tourism will surpass last year's popularity. ③ The cultural tourism industry in the southern winter is also bustling, with Shennongjia Ski Resort, sichuan ice and snow tourism projects, and others attracting tourists, while guangdong's "Conghua Hot Springs" ranks first in popularity increase.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
Express News | Reuters Reported China's Market Regulator Has Opened An Investigation Into Nvidia Over Suspected Violation Of China's Antimonopoly Law
Asia And Europe Markets Mixed; Crude Gains Amid China Policy Shift - Global Markets Today While US Slept
Express News | Li Auto up 6.8%, NIO up 7.6%, Xpeng up 8.8%