Stocks rose Wednesday after President Trump paused tariffs on Canadian and Mexican automotive goods imported by the "Big Three" U.S. automakers – and potentially opened the door to other exemptions to his duties as well. The$Nasdaq Composite Index (.IXIC.US)$led the way higher, rising 267.57 points (1.4%) to 18.552.73. The$S&P 500 Index (.SPX.US)$likewise gained 64.48 ticks (1.1%) to a 5,842.63 finish, ...
Chinese Stocks Surge Remarkably Chinese equities rallied last week on strong policy signals. The CSI 300 Index surged more than 15%, marking its largest weekly gain since 2008. On Monday, the last trading session before the holiday, the index soared 8.5%, with a historic trading volume, and only eight stocks declined. The$NASDAQ Golden Dragon China (.HXC.US)$Index jumped over 23% over five trading da...
Goldman Sachs, referencing QuestMobile data, highlights several trends in the Chinese mobile app market for August 2024: Overall Mobile App Engagement: Up 6% YoY, accelerating from 4% in July. E-Commerce Apps: Growth slowed to 8%, down from 15% in July. Games: User engagement slightly declined by 1% YoY. Key Insights: E-Commerce Engagement: $JD-SW (09618.HK)$and$PDD Holdings (PDD.US)$saw significant increases in user time ...
As of mid-2024, Jinglin Asset's holdings in$PDD Holdings (PDD.US)$have reached nearly 20% of Jinglin's U.S. stock portfolio, with a 43% increase in Q2 alone. The top six stocks by market value in Jinglin's portfolio make up 60% of the total portfolio, with the holdings as follows: Pinduoduo (18.24%), Facebook (15.44%),$Taiwan Semiconductor (TSM.US)$(12.45%),$Microsoft (MSFT.US)$(10....
Despite a low ROCE compared to industry average, the company's transition into profitability and increasing capital employment suggest growth potential. The stock's 30% fall over the last year could be an investment opportunity.
TWIMO (151403908) : Tariff threats are such a destabilising joke!!!…