Soochow Securities believes that if the Japanese stock market declines and China’s nominal GDP increases quarter-on-quarter, overseas funds may flow into Chinese assets temporarily. In terms of sector selection, the preference will likely remain with "old favorites" since 2020: 1) Globally competitive sectors such as new energy and automotive; 2) Irreplaceable general consumption sectors like liquor within the food and beverage indu...
Everbright Securities pointed out that core CPI remains weak, and PPI continues to bottom out. Huachuang Securities noted three hidden pressures on demand based on July’s price data. This year:1) Property income growth has declined rapidly, potentially dragging down discretionary consumption significantly.2) The month-on-month rise in dining-out prices was weaker than ...
MET Futures(SEP4) Forum
昨天，洗盘
yesterday, washout in action.
There was HKD262.7 million, HKD168.8 million and HKD33.2 million Southbound Trading net outflow from $TENCENT (00700.HK)$ , $CNOOC (00883.HK)$ and $MEITUAN-W (03690.HK)$ .
For $SH->HK Connect (GangGuTong)$ , $CHINA MOBILE (00941.HK)$ was the most active stock with highest net inflow of HKD164.9 mil...
Market rotating out of the market's key drivers again?
Meanwhile, 2 more days to the highly anticipated event - Nvidia earnings
$Sea (SE.US)$ $Grab Holdings (GRAB.US)$ $Amazon (AMZN.US)$ $MEITUAN-W (03690.HK)$ $TENCENT (00700.HK)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $ProShares UltraPro Short S&P500 ETF (SPXU.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Snowflake (SNOW.US)$ $Opendoor Technologies (OPEN.US)$ $ARK Fintech Innovation ETF (ARKF.US)$
Total revenue for the catering industry was 440.3 billion yuan, which rose 3.0%. (narrowed).
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $PDD Holdings (PDD.US)$ $Pinduoduo Concept (BK0724)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$
July industrial growth 5.1% y/y [Est.5.2%]
Jan-Jul fixed asset investment 3.6% y/y [Est.3.9%]
July Unemployment 5.2% [Prev. 5.0%]
$BABA-W (09988.HK)$ $XIAOMI-W (01810.HK)$ $MEITUAN-W (03690.HK)$ $PDD Holdings (PDD.US)$ $JD-SW (09618.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$
Tensions in the Middle East triggered gold and oil prices to rise, $PETROCHINA (00857.HK)$ and $CNOOC (00883.HK)$ opened elevating 1.2% and 2.1%, while $ZIJIN MINING (02899.HK)$ opened inclining 1.7%.
As for tech stocks, $TENCENT (00700.HK)$ o...
Huachuang Securities noted three hidden pressures on demand based on July’s price data. This year:
Among the major techs, $BABA-W (09988.HK)$ opened flat at $77.85. $TENCENT (00700.HK)$ inched up 0.5% at $372. $MEITUAN-W (03690.HK)$ dipped 0.3%. $XIAOMI-W (01810.HK)$ entered the top three in Japan in terms of mobile phone shipments, but its st...
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