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KraneShares CSI China Internet ETF Newsroom
Asia-Pacific Markets Mixed After Wall Street Hit by Stick Inflation
Amazon Set To Benefit From Mexico's Import Tariffs Affecting Temu, Shein — Analysts See Window Of Opportunity For Established Players
The "gift-giving" trend continues to go viral! Taobao has joined the battle, and Concept stocks have hit a ceiling of 20cm.
① Taobao launched the 'Send Gift' feature. ② WeChat Mini Programs will start the gray-scale testing of the 'Send Gift' feature in December 2024. ③ Institutions hold an optimistic attitude towards the 'Send Gift' feature.
U.S. stock market close: Inflation concerns lead to a decline in all indexes, NVIDIA fell 6% after reaching a new high.
① The Nasdaq China Golden Dragon Index fell by 0.2%, with China Concept Stocks showing mixed results; ② NVIDIA launched its personal computing product Project DIGITS; ③ XPENG Huaitian: Flying cars will be mass-produced and delivered in 2026; ④ Vaccine stocks soared, with Moderna rising nearly 12% and Novavax increasing by nearly 11%.
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Asian Markets Rise on Prospects of Less Aggressive Trump Tariffs
Express News | Tencent HK shares open lower at 7% after the U.S. adds Tencent and others to the list of Chinese firms allegedly aiding Beijing's Military. Its ADR dropped significantly in U.S. market trading.
U.S. stock market closing: the three major Indexes had mixed results, with the Technology conference CES boosting chip stocks higher.
① Nasdaq China Golden Dragon Index closed down 1.16%, most China Concept Stocks fell, Tencent ADR dropped nearly 8%; ② MicroStrategy has purchased Bitcoin for nine consecutive weeks; ③ Trump denies plans to reduce the applicability of tariffs; ④ Qualcomm announces the launch of the new AI chip Snapdragon X.
Express News | Shares of Tencent Set to Open Down 7.03% After U.S. Adds Tencent and Others to List of Chinese Firms Allegedly Aiding Beijing's Military
Registered capital surged by 1075%, Alibaba bets on the Metaverse again.
① The company's name has undergone a business change, with the registered capital increased from 10 million RMB to approximately 0.118 billion RMB, a growth of 1075%, with the investor being Hangzhou Alibaba Venture Capital Co., Ltd. ② Alibaba, with its e-commerce background, inherently possesses the genes for Metaverse applications.
Express News | FTSE China A50 Index Futures Surge Over 1%; Pinduoduo Nearly 5% Premarket
Asia-Pacific Markets Mostly in Red as Investors Assess Services PMIs Data From the Region
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Trump calls on the United Kingdom to "open" the North Sea and dismantle the Generator.
① The elected president of the USA, Trump, posted on his personal Social Media platform Truth Social, urging the United Kingdom to open the "North Sea" and remove the Generator; ② Due to depleting reserves and the Global shift towards Wind Power, oil production in the North Sea has been continuously declining, and oil companies have gradually withdrawn from the North Sea in recent years.
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