Following a series of stimulus measures introduced by the Chinese government at the end of September, Chinese e-commerce stocks saw a rapid surge and subsequent pullback. From September 24 to October 7, shares of China's top three e-commerce giants each surged over 30%, with$JD.com (JD.US)$climbing nearly 60% and$PDD Holdings (PDD.US)$almost 50%. However, since trading resumed after China's National Day holiday, thes...
Stocks to Watch Broadcom Inc (AVGO US)$Broadcom (AVGO.US)$ Daily Chart -[BULLISH ↗ *]AVGO US is holding above its ascending trendline support. As long as price is holding above 173.85 support level, we expect price to drift down towards its ascending trendline support before drifting towards 199.50 resistance level. Technical indicators advocate for a bullish scenario as well. Alternatively: A daily candlestick closing below 173.85 su...
UOB Kay Hian believes that China's strong policy implementation will improve consumer sentiment, benefiting e-commerce, local lifestyle services, and online travel companies. They predict that by 2H24, internet company valuations will improve through shareholder returns, cross-border expansion, and reduced competition. Key drivers include AI-generated content (AIGC) and advancements in advertising t...
InfiltradeR
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No prediction is needed from UOB. If we take a look at past historical trend when China launched a series of stimulus to aid the economy, we'll have the answers.
Taobao/Tmall ($BABA-W (09988.HK)$): Market Share: Stable. Growth: Expected high-single-digit GMV growth for the September quarter. Monetization: Anticipated to improve with full-site promotions and technical service fees from September. Pinduoduo$PDD Holdings (PDD.US)$: GMV Growth: Expected to outpace the broader market. Monetization: May fluctuate due to ecological governance strategies. JD.com$JD-SW (09618.HK)$: GMV Growth...
Market News 【United States】 Data from the U.S. Census Bureau shows that in July, new housing starts in the United States fell by 6.8% month-over-month, with an annualized rate dropping to 1.238 million units. This figure is lower than the market expectation of 1.33 million units and marks the largest decline since March. This contrasts with the revised 1.1% increase from the previous month. US Jobless Claims, Business Activity Keep Economy On Gradual...
➡️ Four stocks are making 10% moves today - two of them stocks we have been highlighting this week, the other two on the back of last night's earnings ✈️ SATS: We had highlighted the 4% climb of the stock yesterday morning. Today, SATS shares are up another 10.2% to $3.55 as of the AM session, while Macquarie's trending SATS call warrant 📌 (https://warrants.com.sg/tools/livematrix/Q80W) is up another 106.3% to $0.033 - taking its ...
KST NOV4 Forum
TikTok-like $KUAISHOU-W (01024.HK)$ booms 10.7% on news the platform is entering the Brazil e-commerce market with Kwai Shop. They already have 60m users in the country for Kuaishou.
HK share premiums to ADRs as follows:
$BABA-W (09988.HK)$ +2.9% premium
$JD-SW (09618.HK)$ +2.4% pre...
From September 24 to October 7, shares of China's top three e-commerce giants each surged over 30%, with $JD.com (JD.US)$ climbing nearly 60% and $PDD Holdings (PDD.US)$ almost 50%. However, since trading resumed after China's National Day holiday, thes...
Broadcom Inc (AVGO US) $Broadcom (AVGO.US)$
Daily Chart -[BULLISH ↗ *]AVGO US is holding above its ascending trendline support. As long as price is holding above 173.85 support level, we expect price to drift down towards its ascending trendline support before drifting towards 199.50 resistance level. Technical indicators advocate for a bullish scenario as well.
Alternatively: A daily candlestick closing below 173.85 su...
Key drivers include AI-generated content (AIGC) and advancements in advertising t...
Market Share: Stable.
Growth: Expected high-single-digit GMV growth for the September quarter.
Monetization: Anticipated to improve with full-site promotions and technical service fees from September.
Pinduoduo $PDD Holdings (PDD.US)$ :
GMV Growth: Expected to outpace the broader market.
Monetization: May fluctuate due to ecological governance strategies.
JD.com $JD-SW (09618.HK)$ :
GMV Growth...
tight may be turning.... started to have profit.
accumulate on value..
not for speculative buy...
【United States】
Data from the U.S. Census Bureau shows that in July, new housing starts in the United States fell by 6.8% month-over-month, with an annualized rate dropping to 1.238 million units. This figure is lower than the market expectation of 1.33 million units and marks the largest decline since March. This contrasts with the revised 1.1% increase from the previous month.
US Jobless Claims, Business Activity Keep Economy On Gradual...
✈️ SATS: We had highlighted the 4% climb of the stock yesterday morning. Today, SATS shares are up another 10.2% to $3.55 as of the AM session, while Macquarie's trending SATS call warrant 📌 (https://warrants.com.sg/tools/livematrix/Q80W) is up another 106.3% to $0.033 - taking its ...
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