On Thursday, Chinese tech stocks experienced another substantial rally, as the Chinese Golden Dragon Index$NASDAQ Golden Dragon China (.HXC.US)$soared nearly 11% for the day, marking its largest increase since 2022. Since the beginning of this week, the Chinese Golden Dragon Index has cumulatively risen by 19.18%. During Friday's trading session in Asia-Pacific, the$CSI 300 Index (000300.SH)$climbed by 4...
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“Strategist Laura Wang and her colleagues anticipate a further 10% short-term increase in the CSI 300 Index.”She did not define short-term, 3-5% today, after National Day Holiday week, another 4-10% in 1-2 days· Holiday data will be good and cheer people up more. Then, still undervalued.
$KERING UNSPON ADR EA REPR 0.1 ORD EUR0.00 (PPRUY.US)$Basically with China's economy shrinking, and with a Trump win (I assume), Luxury stocks will continue to be low and stay low. China's situation is getting from bad to worse
The truth about price increases 1. Declining consumption growth and intensifying class differentiation Compared with the relatively sluggish overall consumption, China's luxury goods market has been rising against the trend. Predominantly driven by changes in the wealth structure. "M-Type Society: The Crisis and Business Opportunities of the Disappearing Middle Class" When the wealthy end of the M-type society continues to expand, the middle class ...
LVMH, the world's largest luxury firm, saw a 4.5% rise in stock prices to €874.40 in early European trade on Thursday after reporting a surge in Q1 sales, particularly in China, where growth of 14% drove the increase. LVMH's shares are up almost 30% so far this year, with market capitalization reaching €438bn, over twice the level seen three years ago. The French company owns several luxury brands, including Louis Vuitton, Dior, Tiffany, and Hennessy cognac...
We have gathered 15 Key Insights from the earnings call and slide deck. Let's dive in 1. Asia, particularly China, is now bouncing back rapidly after a long period of restrictions: 2. Both in-store traffic and the online business is picking up in the previously troubled China: 3. Revenue growth by Geography: 4. Organic growth by Business Group: 5. $LVMH was asked if the growth in Q1 was mainly attributable to...
1.$LVMH Moet Hennessy Louis Vuitton (LVMHF.US)$reported higher than expected first-quarter sales, with a 17% growth on an organic basis. 2.The growth was largely attributed to a rebound in sales in China after COVID-19 lockdowns. 3.LVMH owns luxury brands like Louis Vuitton, Dior, Hennessy, and Tiffany. 4.The group expects China to continue driving growth in 2023. 5.The US market showed signs of waning demand, particularly among younger, lower-spending shoppers....
KERING UNSPON ADR EA REPR 0.1 ORD EUR0.00 Stock Forum
"Luxury stocks: Will 2025 be a year of Gucci?"
$Tema Luxury ETF (LUX.US)$
https://www.investing.com/news/stock-market-news/luxury-stocks-will-2025-be-a-year-of-gucci-3754144
During Friday's trading session in Asia-Pacific, the $CSI 300 Index (000300.SH)$ climbed by 4...
1. Declining consumption growth and intensifying class differentiation
Compared with the relatively sluggish overall consumption, China's luxury goods market has been rising against the trend. Predominantly driven by changes in the wealth structure.
"M-Type Society: The Crisis and Business Opportunities of the Disappearing Middle Class" When the wealthy end of the M-type society continues to expand, the middle class ...
$LVMH Moet Hennessy Louis Vuitton (LVMHF.US)$ $KERING UNSPON ADR EA REPR 0.1 ORD EUR0.00 (PPRUY.US)$ $COMPAGNIE FINANCIERE RICHEMONT SA. (CFRHF.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$
Revenue up 17% yoy
Selective Retailing showed the strongest growth in % 📈
$LVMH Moet Hennessy Louis Vuitton (LVMHF.US)$ $KERING UNSPON ADR EA REPR 0.1 ORD EUR0.00 (PPRUY.US)$ $COMPAGNIE FINANCIERE RICHEMONT SA. (CFRHF.US)$
1. Asia, particularly China, is now bouncing back rapidly after a long period of restrictions:
2. Both in-store traffic and the online business is picking up in the previously troubled China:
3. Revenue growth by Geography:
4. Organic growth by Business Group:
5. $LVMH was asked if the growth in Q1 was mainly attributable to...
Someday I will own it.
$KERING UNSPON ADR EA REPR 0.1 ORD EUR0.00 (PPRUY.US)$ $COMPAGNIE FINANCIERE RICHEMONT SA. (CFRHF.US)$ $LVMH Moet Hennessy Louis Vuitton (LVMHF.US)$
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