No Data
Despite the pressure from weak retail, U.S. stock indices rebounded over two days, but Tesla and NVIDIA declined. Quantum computing stocks continued to rise sharply, and Chinese concept stocks strengthened, with Baidu up 9%.
Tesla closed down nearly 5%, NVIDIA fell nearly 2%; Intel rose nearly 7%; quantum computing stock ARQQ rose 57%; the China Concept Index rose 4%, and Alibaba increased by over 4%. After U.S. retail sales, the two-year U.S. Treasury yield reached a two-week high. The USD briefly approached a five-month low. Crude Oil Product rebounded over two days. Gold futures reached a historic high over three days, having briefly turned to decline during the session.
Yatsen Rises 9.5%
China's Two Sessions: Key Takeaways on Stock Price Movements Before and After the Meetings
Yatsen Holding Ltd. Reports Mixed Earnings Call Results
Yatsen (YSG.US) experienced counter-cyclical growth in Q4, what development signals have been released?
Recently, Shiseido Company, Limited Sponsored ADR, L'Oreal, Estee Lauder, and others successively disclosed their financial data for the fourth quarter and the whole year of 2024. The Chinese market once again caused major giants to collectively slow down, reflecting the "pressure" in the cosmetic industry. However, the emerging domestic beauty group Yatsen delivered a different report card. The latest Earnings Reports show that Yatsen achieved a revenue of 1.15 billion yuan in Q4, a year-on-year growth of 7.1%, outperforming the Large Cap of the industry; the Non-GAAP Net income margin reached 9.3%, setting a historical high. At the same time, its total revenue for the year reached 3.39 billion yuan. It's also worth noting that Yatsen expects its revenue for Q1 2025 to be 7.
Yatsen Holding Reports Q4 Revenue Growth Amid Challenges
