BOCOM INTL: Currently, most Company Valuations are below the average level for 2024. Bullish on Alibaba-W and others.
BOCOM INTL released a Research Report stating that due to overseas uncertainties, most Company Valuations are currently below the average level for 2024. The bank is Bullish on companies with stable performance and opportunities for valuation enhancement driven by AI, such as Alibaba-W (09988), TENCENT (00700), NTES-S (09999), TRIP.COM-S (09961), and MEITUAN-W (03690). This month, Chinese concept and Internet companies will gradually announce their first quarter results. As e-commerce benefits from the expansion of national subsidies to drive demand, the bank expects the industry's Commodity gross merchandise volume (GMV) growth rate to increase by 6% year-on-year, among which Alibaba
PDD Holdings' Temu Likely to Face Challenges Amid Tariff Tensions
Hong Kong stock morning report | The Federal Reserve maintained interest rates, and the three major U.S. indexes closed higher. China Concept Stocks broadly declined.
① The Federal Reserve maintained the benchmark interest rate, which met market expectations. ② Federal Reserve Chairman Powell stated that the impact of tariffs is greater than expected and there is no rush to cut interest rates. ③ The three major indexes of the U.S. stock market closed higher, while China Concept Stocks generally fell. ④ The central bank stated that it will make every effort to promote the implementation of a package of financial policies. ⑤ International crude oil and Gold Futures prices fell more than 1%.
U.S. stocks closed with the three major Indexes fluctuating higher, with Google plummeting more than 7%. The Bullish support from the AI Chip helped NVIDIA.
① Apple is promoting a shift to AI search for Safari, causing Google's stock price to fall over 7%; ② Disney's stock price skyrocketed nearly 11%, with the company's second fiscal quarter profits exceeding expectations; ③ NVIDIA rose over 3%, with reports that the USA is considering lifting AI Chip export restrictions.
China Lowers Rates and Makes Bank Lending Easier in Response to Tariffs
China Central Bank Cuts Rates to Boost Economy Amid Tariff Threat
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Rockyturki :
You buying SPY calls before Trump’s ‘big news’ or shorting the hype with SQQQ? I’m eyeing gold longs instead—what’s your move?
Tyler Maltz : You loading up on Chinese tech or shorting the S&P?
Singh Rahul :
I’m trying that on APP/DUOL earnings next week. And you fading JPM’s call advice or riding it?