Top Consumer Discretionary Stocks Don't Include the Surging Tesla, as per SA Quant Grades
European and American stocks and bonds both fell, tesla rose more than 9% after hours, silver fell by 4%, the dollar reached its highest level in nearly three months
European and American central bank officials called for caution in cutting interest rates, with US Treasury yields rising to pressure low-risk assets. The Dow and S&P indices fell by about 1% for the third consecutive day, NVIDIA initially dropped over 4%, cloud-based company Kujiale warned of profit slump nearly 3% in US stock, China concept index turned down, but Li Auto Inc. rose by nearly 4%. The 10-year US Treasury yield once rose above 4.26% to a three-month high, and the yen fell below 153 for the first time in three months. Oil prices fell by more than 1%, spot gold approached $2760 to hit a new high before falling by over 1%, and silver initially dropped by 4%.
China's tourism consumer market is coming back with favorable timing, location, and people. Which areas are worth paying attention to in the future?
Recently, the government has introduced a series of major policies aimed at stimulating economic recovery, with a focus on stimulating consumer spending. And within consumer spending, tourism consumption is a key sector.
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Volume surges again! Don't miss out on this round of technology bull run.
Renewed
Stock Picks Of The Day (Hong Kong): Trip.com And Xiaomi
Big change in the wind! The technology boom is sweeping the market, and the Hong Kong stock semiconductor sector is booming across the board.
①With the sudden surge of technology trend in the market, how do institutions view it? ②Hong Kong stocks related to chips are all surging, which bullish factors are currently brewing?
HK stocks active | Network technology stocks rise in the afternoon, with a possible Q3 profit upswing for Hang Seng Technology exceeding expectations. Morgan Stanley believes that the valuation of China's internet industry is still reasonable.
Network technology stocks rose in the afternoon. As of the time of publication, Meituan-W (03690) rose by 6.7%, trading at 181.6 Hong Kong dollars; Ctrip Group-S (09961) rose by 5.38%, trading at 477.8 Hong Kong dollars; Bilibili-W (09626) rose by 4.35%, trading at 160.7 Hong Kong dollars; Kuaishou-W (01024) rose by 2.76%, trading at 46.5 Hong Kong dollars.
Hong Kong stock concept tracking | Tourism demand remains resilient, institutions bullish on OTA platform performance improvement (including concept stocks)
Before the 2024 National Day holiday, the cross-regional personnel flow of the whole society in the first 6 days is approximately 1.74 billion, an increase of 3.2% year-on-year, with overall demand remaining strong.
Guoce International: The National Day holiday travel market performed steadily, maintaining the full-year performance forecast for OTA platforms.
Guoce International is bullish on the supply side advantages of Ctrip and the long-term potential of inbound and outbound tourism, bullish on the user scale advantage and repeat purchase rate growth of tongchengtravel driving the increase in user value.
Trip.com Obtains IATA GoGlobal Accreditation
UBS Group includes Kuaishou-W as the featured stock of the month with a target price of 76.70 Hong Kong dollars.
Recently, UBS Group has included Kuaishou-W (01024) in its latest research report into the monthly recommended stocks list, giving it a target price of HK$76.70 for the next 12 months, with a potential upside of up to 51%. This rating reflects UBS Group's positive expectations for Kuaishou's future performance, as well as recognition of the company's current market position and development potential. UBS's research report points out that in September, although it will take some time to restore consumer confidence, with a series of macroeconomic policies being implemented, the industry has shown clear signs of recovery. Under the impetus of a series of government stimuli and subsidy measures, it is believed that macro consumer
Top Gap Ups and Downs on Tuesday: ERIC, WBA, UNH, TTE and More
Express News | Shares of US-listed Chinese Stocks Are Trading Lower After China's September Exports Missed Estimates
Ctrip Group (09961) fell by 3.06%. Institutions mentioned that during the holiday period, domestic hotel and airline ticket volumes continued to increase, leading to a decrease in prices.
King Wutong Financial News | Ctrip Group (09961) fluctuates weakly, as of the time of publication, it fell by 3.06% to HK$485, with a turnover of 0.211 billion Hong Kong dollars. On the news front, Guotai Junan International released research reports stating that the domestic tourism revenue during the 2024 National Day holiday (7 days) reached 700.8 billion yuan, in line with previous expectations, with a comparable caliber (daily average data) year-on-year increase of 6.3%. In terms of per capita tourism consumption, during the 2024 National Day holiday, it was 916 yuan/person, which was flat compared to the previous year's National Day holiday (8 days), reflecting that tourism consumption is still affected by weak macro consumption. During the holiday, domestic hotel & airfare prices continued to rise in quantity and fall in price.
[Special Guest V] Deng Shengxing: Hong Kong stocks may further benefit from the central government's measures to stabilize the market.
Kingkey Financial News | Hang Seng Index was closed all day on Friday (11th) for the Chung Yeung Festival holiday. Hang Seng Index closed at 21251 on Thursday (10th), up 614 points or 2.98%. Country Index rose by 3.5% to 7620; Tech Index rose by 2.1% to 4736. It is reported that China and Europe will continue to negotiate on the case of subsidies for electric vehicles, electric car stocks are doing well. BYD Company Limited (01211) rose by 4.4%; NIO Inc (09866) surged by 4.6%; It is expected that the central bank will stimulate consumer spending, leading to speculation in related stocks. Jiumaojiu (09922) surged by 8.9%; Haidilao (06862) rose by 5.9%; Dow Jones Industrial Average on Friday