Furui: The internet-related industry is at the beginning stage of a new cycle, and science and technology enterprises with 3 major characteristics will take the lead.
The investment sentiment in Chinese network technology stocks has improved. Zhuang Yaohong, Director and General Manager of the Internet and Media Industry Research Department in the Asia-Pacific region of Fuli, stated that the internet industry is entering a new period, with profit growth potential, leading market position, and companies benefiting from policies starting to apply the PEG (Price/Earnings to Growth) valuation method, driving the stock price breakthrough.
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U.S. stock market closing: all three major indexes rose collectively, with the Chinese concept stock index up nearly 1%.
1. China concept stocks varied, nasdaq china golden dragon index rose by 0.93%; 2. Airbus plans to cut 2,500 jobs in defense and aerospace departments; 3. General Motors invests $0.625 billion in a top lithium project in the USA; 4. E-mini russell 2000 index has reached its highest level in nearly three years.
Hong Kong stocks morning report on October 16: Five departments will hold a press conference on real estate. The H-share Golden Dragon Index fell by 5.92%.
①Fed's Daley said that if inflation falls as expected, interest rates will be cut one to two more times this year. ②IMF predicts that global public debt will exceed 100 trillion US dollars for the first time by the end of the year. ③US stock markets collectively fell, with ASML Holding underperforming dragging down the semiconductor sector; China concept stocks dropped across the board, with the Nasdaq Golden Dragon Index falling by 5.92%. ④The heads of five departments will attend a press conference on the 17th to introduce the real estate market situation.
U.S. stocks closed: asml holding's earnings slump causing semiconductor sector collapse, the three major indexes collectively fell.
①China concept stocks fell across the board, with the Nasdaq Golden Dragon Index in China dropping by 5.92%; ②ASML Holding announced that its orders for the third quarter of this year were only 2.6 billion euros; ③United Airlines' third-quarter adjusted earnings per share exceeded expectations; ④Blackstone Group plans to invest 7.5 billion euros to develop a datacenter in Spain.
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