Stocks to Watch Walt Disney Co (DIS US)$Disney (DIS.US)$ Daily Chart -[BEARISH ↘ **] DIS US shaped a bearish breakdown. As long as price is holding below 108.64 resistance, a further drop towards the 101.35 support is expected. Technical indicators are advocating for a bearish scenario with the MACD showing a build up in bearish momentum. Alternatively: A daily candlestick closing above 108.64 resistance will invalidate bearish view and open a push higher toward...
$NTES-S (09999.HK)$ Game release - Marvel Rivals hit 10mil players shortly after release and 20mil players within 2wks later. Steam stats displays constant active players in the meantime. Meanwhile Overwatch hit lowers active player count upon Marvels Rival release. Its game on time for Netease to be consistent as they always do (marketing, events, battle passes), and a healthy line up of new games to be released in the next few days and months ahead.
WayneTheBoon
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I’ve been saying this for years that Nio is not primary listed in HK so it’s doesn’t get investments from the mainland, but no one listens
Cut RRR by 100bps to 9.5% Cut LPR by 35bps to 3.1% Cut interbank rates 8bps to 1.744% Approved $1.4T in additional debt Approved $1.4T in local govt debt swap Approved $838B in additional local govt debt issuance Cut rates on $5.3T of outstanding mortgages Reduced the downpayment on new and 2nd hand home purchases from 25% to 15% Approved tens of billions in loans to financial institutions and listed firms for share buybacks Yes, they have been working to stimulate ...
According to Bloomberg, China will convene its annual Economic Work Conference on Wednesday, anticipated to last for two days. This conference is a pivotal event at the end of each year, focusing on establishing the economic agenda for 2025. Earlier, top leadership indicated more forceful stimulus amid the threat of a potential trade war with the US. Should the Central Economic Work Conference convey a significantly ...
China convened its annual Economic Work Conference on Wednesday and Thursday. This conference is a pivotal event at the end of each year, focusing on establishing the economic agenda for 2025. Earlier, top leadership indicated more forceful stimulus amid the threat of a potential trade war with the US. What does the Central Economic Work Conference discuss? The conference typically comprises two main components: evaluating the...
The Political Bureau of the CPC Central Committee, which mysteriously did not issue a meeting statement in November, issued a post-meeting report for the December meeting on Monday (9th). The opening remarks of the meeting continued to affirm the achievements of the Chinese government throughout the year. Notably, the outlook for the economy in the upcoming year exceeded market exp...
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