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Goldman Sachs: Maintains TUHU-W "Buy" rating, with the Target Price raised to HKD 24.5.
Goldman Sachs released a research report stating that it maintains a "Buy" rating for TUHU-W (09690), with the Target Price raised by 8.8% from HKD 22.5 to HKD 24.5. The bank expects that TUHU, as China's largest integrated online and offline Car Service platform, will enjoy sustained operational leverage and efficiency improvements, thereby reducing operating expense ratios. Coupled with an improvement in gross margin, this is expected to lead to years of operational profit expansion, with a projected compound annual growth rate of net profit of 35% from 2023 to 2026. Goldman Sachs believes that TUHU is the largest independent Automotive Aftermarket (IAM) supplier in China, leveraging its lower and more transparent pricing and revenue-generating capabilities.
Regulations on Cryptos in the USA are expected to loosen, but major Wall Street banks remain cautious.
Despite the expectation of regulatory loosening, Bank of America bankers remain cautious about Cryptos.
Trump is reportedly set to ring the bell at the NYSE today. What does it signify?
① According to media reports, the USA's incoming president Trump will go to the NYSE on Thursday to ring the opening bell and deliver a speech; ② There are reports that Trump will be named Time Magazine's Person of the Year for 2024, but this has not yet been confirmed by Time; ③ Since Trump's announcement of victory, the three major US stock indices have risen repeatedly, with the market encouraged by promises of tax cuts and deregulation.
The central parity rate of the RMB against the US dollar is reported at 7.1854, down by 11 points.
On December 12, the middle exchange rate of the RMB against the USD was reported at 7.1854, down 11 points. The CPI in the USA for November recorded the largest increase in seven months, but it is unlikely to prevent the Federal Reserve from lowering interest rates next week. The consumer price index in the USA for November recorded the largest increase in seven months, but against the backdrop of a cooling job market, this is unlikely to prevent the Federal Reserve from lowering rates for the third time next week. Data shows that last month the CPI increased by 0.3% month-on-month, the largest increase since April, following a continuous increase of 0.2% over the previous four months. The year-on-year CPI growth rate increased to 2.7% after rising to 2.6% in October.
Musk is worth 447 billion US dollars and is the first “400 billion dollar millionaire” of adults
Tesla shares rose 5.9% on Wednesday to close at $424.77, a record high, surpassing the previous record of $409.97 set on November 4, 2021. Since this year, Tesla's stock price has risen cumulatively by about 71%, and has soared by about 69% since Trump won the US election. Driven by this, Tesla CEO Elon Musk's net worth skyrocketed by 62.8 billion US dollars overnight to reach 447 billion US dollars, making him the first superrich person on Earth with a net worth over 400 billion US dollars. Musk's current net worth is higher than Jeff Bezos, who is second on the Bloomberg Billionaires Index
The CEO of Bank of America stated that sales and Trade business in the fourth quarter is expected to reach a new high, with Investment Banking business revenue surging.
Bank of America CEO Brian Moynihan said that the quarterly revenue trend of the bank's investment banking business will increase by at least 25% year over year, while sales and trading business are expected to reach new highs. Moynihan said at the Goldman Sachs Financial Services conference on Wednesday that investment banking revenue for the fourth quarter could exceed $1.4 billion as deals “continue to grow.” Analysts had predicted that the investment banking revenue of the second-largest bank in the US would be close to 1.5 billion US dollars, which is equivalent to an increase of about 27%. Meanwhile, Moynihan said the sales and trading business should once again record year-on-year growth, now
Coach Donnie OP : Abundant Arisings and Beautiful Blessings Freedom Fam
It’s Wisdom & Wealth Wednesday aka Wealthy Women’s Wednesday
so it’s time
MINDSET > money
Want more Money Improve Your MONEY MINDSET…
ONLY is a powerful tool
I’m ONLY earning $5 million a month
…Seldom will I make as much as
Never will I earn more than
The amount I allow myself to think of as “a lot of money”
If you desire to earn 6 7 or 8 figures
You can’t afford to think that’s a lot of Money
Even BEFORE you start making earning or attracting a lot of money you’ve gotta minimize it
So your subconscious can realize it’s very doable
When you make it small you make YOU BIGGER than it
Then it can become YOURS
#CoachDonnie
Coach Donnie OP : $NVIDIA (NVDA.US)$ This stock, at the current price, fillowing the EPS trend and demand, will likely to get a PE ratio of 32 next year, so no reason to worry... At 170 next year, look for EPS projection again then decide whether to sell if at all. Also pay attention to macroeconomy, when GDP rate gets low and jobless/debt explode, people can exit the market.
Kind Pumpkin : good buy
Coach Donnie OP Kind Pumpkin : You’re a WWW a Wise Woman of Wealth
Coach Donnie OP : $NVIDIA (NVDA.US)$ Stop worrying, it's Nvidia!!!
Don't look for instant gratification.
Accumulate on the dips and when it Rockets collect your profit. Do you think the best company in the world is going to stay in the low to mid 100s If so you must be
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