According to CCBI, most Chinese internet companies outperformed expectations in 2Q earnings, except for$MEITUAN-W (03690.HK)$, which exceeded both revenue and earnings forecasts. Apart from$PDD Holdings (PDD.US)$, many companies are focusing on shareholder returns via stock buybacks and dividends. CCBI expects profitability to continue improving through 2024, supporting shareholder rewards. Given$TENCENT (00700.HK)$'s so...
Market News 【The US】 Fed's Powell says 'time has come' to cut interest rates Federal Reserve Chair Jerome Powell on Friday offered an explicit endorsement of an imminent policy easing, saying further cooling in the job market would be unwelcome and expressing confidence that inflation was within reach of the U.S. central bank's 2% target. "The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts wil...
TRP SEP4 Forum
$Vipshop (VIPS.US)$ $Baidu (BIDU.US)$ $BIDU-SW (09888.HK)$ $NetEase (NTES.US)$ $Trip.com (TCOM.US)$ $TRIP.COM-S (09961.HK)$ $KE Holdings (BEKE.US)$ $PDD Holdings (PDD.US)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $Meituan ADR (MPNGY.US)$ $MEITUAN-W (03690.HK)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
Apart from $PDD Holdings (PDD.US)$ , many companies are focusing on shareholder returns via stock buybacks and dividends. CCBI expects profitability to continue improving through 2024, supporting shareholder rewards.
Given $TENCENT (00700.HK)$ 's so...
【The US】
Fed's Powell says 'time has come' to cut interest rates
Federal Reserve Chair Jerome Powell on Friday offered an explicit endorsement of an imminent policy easing, saying further cooling in the job market would be unwelcome and expressing confidence that inflation was within reach of the U.S. central bank's 2% target. "The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts wil...
$NEW ORIENTAL-S (09901.HK)$ increased buyback to USD700 million and p...
Improve the quality of online literature, performances, and online games, and deepen the governance of complex TV charges.
Enco...
Stock│Change in Share Price this Year
$MEITUAN-W (03690.HK)$ │+35.7%
$BILIBILI-W (09626.HK)$ │+35.6%
$TRIP.COM-S (09961.HK)$ │+34.9%
$TENCENT (00700.HK)$ │+26.8%
$HAIER SMARTHOME (06690.HK)$ │+18.4%
Top 5 Weakest Constituents of the HSTECH in 1H24:
$EAST BUY (01797.HK)$ │-54.6%
$NIO-SW (09866.HK)$ │-53.7%
$LI AUTO-W (02015.HK)$ │-52.2%
$XPENG-W (09868.HK)$ │-47.9%
$JD HEALTH (06618.HK)$ │-45.7%...
$LI AUTO-W (02015.HK)$ │-52.2%
$XPENG-W (09868.HK)$ │-47.9%
$JD HEALTH (06618.HK)$ │-45.7%
$MENGNIU DAIRY (02319.HK)$ │-33.3%
$SUNNY OPTICAL (02382.HK)$ │-31.9%
In 1H24, the HSCEI surged a total of 563 points or 9.8% to close at 6,331.
Top 5 Strongest Constituents of the HSCEI in 1H24:
Stock│ Change in Share Price this Year
$CNOOC (00883.HK)$ │+72.3%
$PETROCHINA (00857.HK)$ │+53.1%...
No comment yet