With Vehicle Sales and Production Now Both Exceeding 30 Million Units, How Has China's Automotive Industry Grown Sixfold in the Last 20 Years?
[Special Guest V] Deng Shengxing: Trump wins the US election, market concerns about deteriorating US-China relations.
KingWu Financial News | Hang Seng Index closed at 20538 on Wednesday (6th), down 468 points or 2.2%; the market's total daily turnover was 216.8 billion yuan. The Hang Seng Index fell by 193 points or 2.6% to 7363. The technology sector fell by 119 points or 2.5% to 4574. The mainland stock market turned from rise to fall, with the sse composite index closing at 3383, down 3 points; the csi 300 index fell by 0.5%. Trump's election, the market is concerned about the negative impact on the cecep solar energy industry, causing solar stocks to decline. Flat Glass (06865) dropped by 5.4%; bitcoin reached a new high, with bitcoin ETFs also surging, and Huaxia Bitcoin (03042) soaring by 6.9%.
Counterpoint Research: Global smart phone shipments in the third quarter increased by 2% year-on-year, reaching 0.307 billion units.
In the third quarter of 2024, global smart phone shipments increased by 2% year-on-year. This marks the fourth consecutive quarter of growth in the global smart phone market.
Automakers Brace For New Tariffs, EV Changes Under Trump Presidency
Bank of America Securities: Reiterates a "buy" rating on Xiaomi Group-W (01810), with target price raised to 32 Hong Kong dollars.
Bank of America Securities raised Xiaomi Group's third-quarter sales forecast by 4% to 91 billion yuan.
Hong Kong Stocks Open Lower as Investors Await US Election Results
poormansadamsandler : Waiting on US Election