10 Consumer Discretionary Stocks Whale Activity In Today's Session
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%.
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PDD Holdings Shares Are Trading Higher Amid Overall Strength in US-listed Chinese Stocks.
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Alibaba's 'Going Abroad Partner' program aims to accelerate profits.
It is already the biggest driving force behind Alibaba's revenue.
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JD.com Rises After Q2 Sees 'Record-high Net Profit'
Hedge funds had significant changes in their holdings in the second quarter! Nvidia was heavily sold, while Apple and Chinese concept stocks were favored.
Nvidia's stock price has surged this year, and major hedge funds are taking profits and leaving. Microsoft has been reduced or liquidated by 140 hedge funds, while Amazon has been increased or established by 166. China Concept Stocks are increasingly favored by Wall Street, and hedge fund giants David Tepper and Hillhouse Capital are steadfastly increasing their holdings in China Concept Stocks.
JPMorgan on China Economy: Investors Are Seeking More Aggressive Policy Support
Hedge fund guru David Tepper firmly holds Chinese concept stocks: he holds JD.com and Ke Holdings, while reducing shareholdings in Alibaba and PDD Holdings.
China stocks and ETFs account for 26% of its fund stock investment portfolio.
3G Capital Top Q2 Moves Include Cutting Meta, New Stakes in Uber, MercadoLibre, Carvana
Tencent Holdings Limited (TCEHY) Q2 2024 Earnings Call Transcript Summary
Two Bullish Bets On China
Shares of US-listed Chinese Stocks Are Trading Lower Ahead of Upcoming Economic Data.