Wilson Tay personal page - To The Moon

Wilson Tay

Wilson Tay

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10-31

$Novo-Nordisk A/S(NVO)$

09-04

$Opendoor Technologies Inc(OPEN)$

08-25

$Opendoor Technologies Inc(OPEN)$ next price in $7.50

08-22

$Opendoor Technologies Inc(OPEN)$ to the moon

2024-11-12

Just hold on for big bull

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2024-10-21

$HUA HONG SEMI(01347)$

2024-10-15

Yes

China Banks Mull Cutting Deposit Rates as Early as This Week

2023-10-03

$CANSINOBIO(06185)$

2023-09-08

$Bank of America(BAC)$

2022-11-15

Be safe not sorry

U.S. Stock Futures Lifted By Fed Pivot Hopes Ahead of Producer-Price Data

Go to Tiger App to see more news

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trillion yuan ($42.3 trillion) of deposit","content":"<div>\n<p>China has lowered key policy rates, slashed mortgage costsLenders are under growing pressure from record low marginsChinese banks are set to trim rates on 300 trillion yuan ($42.3 trillion) of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-15/china-mega-banks-to-cut-deposit-rates-as-early-as-this-week?srnd=homepage-americas\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Banks Mull Cutting Deposit Rates as Early as This Week</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Banks Mull Cutting Deposit Rates as Early as This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-15 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-10-15/china-mega-banks-to-cut-deposit-rates-as-early-as-this-week?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China has lowered key policy rates, slashed mortgage costsLenders are under growing pressure from record low marginsChinese banks are set to trim rates on 300 trillion yuan ($42.3 trillion) of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-15/china-mega-banks-to-cut-deposit-rates-as-early-as-this-week?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","YINN":"三倍做多富时中国ETF-Direxion","000001.SH":"上证指数"},"source_url":"https://www.bloomberg.com/news/articles/2024-10-15/china-mega-banks-to-cut-deposit-rates-as-early-as-this-week?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141371449","content_text":"China has lowered key policy rates, slashed mortgage costsLenders are under growing pressure from record low marginsChinese banks are set to trim rates on 300 trillion yuan ($42.3 trillion) of deposits as soon as this week after the latest barrage of stimulus policies further squeeze their profitability, according to people familiar with the matter.Major banks including Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp. will be guided by the central bank’s interest rate self-disciplinary mechanism to lower the rates on a number of deposit products, said the people, who asked not to be identified discussing a private matter.Rates on one-year time deposit may drop by at least 20 basis points, while those on longer tenors may come down at least 25 basis points, the people said. The plans have yet to be finalized, they said.The cuts would mark the second such reduction this year, following the previous round in late July. The People’s Bank of China didn’t immediately respond to a request for a comment.The moves come after China unveiled its biggest package yet to shore up its sputtering economy, slashing policy rates as well as the borrowing costs on $5.3 trillion in outstanding mortgages.The PBOC last month delivered the biggest-ever decrease to the interest rate charged on its one-year policy loans. Governor Pan Gongsheng also said reduction in deposit rates would follow suit.China’s commercial banks have had some leeway in setting their own rates since the central bank scrapped direct control in 2005. The People’s Bank of China, however, maintains substantial sway by setting a ceiling and floor for rates through the interest rate self-disciplinary body.Chinese banks implemented a broad cut in deposit rates in late 2022, the first such move since 2015, after authorities urged them to boost lending. They lowered deposit interest three more times last year.Despite the reductions, the industry’s net interest margins have been falling and hit a record low of 1.54% at the end of June, well below the 1.8% threshold regarded as necessary to maintain reasonable profitability.Bloomberg reported earlier that China is considering injecting up to 1 trillion yuan of capital into its biggest state banks to increase their capacity to support the world’s second-largest economy.","news_type":1,"symbols_score_info":{"000001.SH":1.1,"HSI":1.1,"YINN":1.1}},"isVote":1,"tweetType":1,"viewCount":1514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226276145455200,"gmtCreate":1696316916280,"gmtModify":1696318404852,"author":{"id":"4107146342878220","authorId":"4107146342878220","name":"Wilson Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107146342878220","idStr":"4107146342878220"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/06185\">$CANSINOBIO(06185)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/06185\">$CANSINOBIO(06185)$&nbsp;</a>","text":"$CANSINOBIO(06185)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226276145455200","isVote":1,"tweetType":1,"viewCount":1877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":217484284453000,"gmtCreate":1694120690240,"gmtModify":1694121714947,"author":{"id":"4107146342878220","authorId":"4107146342878220","name":"Wilson Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107146342878220","idStr":"4107146342878220"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Bank of America(BAC)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/217484284453000","isVote":1,"tweetType":1,"viewCount":2571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969477269,"gmtCreate":1668513588651,"gmtModify":1676538068695,"author":{"id":"4107146342878220","authorId":"4107146342878220","name":"Wilson Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107146342878220","idStr":"4107146342878220"},"themes":[],"htmlText":"Be safe not sorry&nbsp;","listText":"Be safe not sorry&nbsp;","text":"Be safe not sorry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969477269","repostId":"1106397932","repostType":4,"repost":{"id":"1106397932","kind":"news","pubTimestamp":1668508576,"share":"https://ttm.financial/m/news/1106397932?lang=&edition=fundamental","pubTime":"2022-11-15 18:36","market":"other","language":"en","title":"U.S. Stock Futures Lifted By Fed Pivot Hopes Ahead of Producer-Price Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1106397932","media":"Bloomberg","summary":"Bulls piled back into global stock markets, encouraged by an easing in Sino-US tensions and growing ","content":"<div>\n<p>Bulls piled back into global stock markets, encouraged by an easing in Sino-US tensions and growing confidence that the Federal Reserve will be able to slow its rate hiking pace.As Treasury yields and...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-14/asia-stocks-set-for-mixed-open-ahead-of-china-data-markets-wrap?srnd=markets-vp\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stock Futures Lifted By Fed Pivot Hopes Ahead of Producer-Price Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stock Futures Lifted By Fed Pivot Hopes Ahead of Producer-Price Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-15 18:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-14/asia-stocks-set-for-mixed-open-ahead-of-china-data-markets-wrap?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bulls piled back into global stock markets, encouraged by an easing in Sino-US tensions and growing confidence that the Federal Reserve will be able to slow its rate hiking pace.As Treasury yields and...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-14/asia-stocks-set-for-mixed-open-ahead-of-china-data-markets-wrap?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-14/asia-stocks-set-for-mixed-open-ahead-of-china-data-markets-wrap?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106397932","content_text":"Bulls piled back into global stock markets, encouraged by an easing in Sino-US tensions and growing confidence that the Federal Reserve will be able to slow its rate hiking pace.As Treasury yields and the dollar slipped, index futures on the Nasdaq 100 jumped more than 1%, boosted also by hefty gains earlier across Asian technology companies. Chipmakers Advanced Micro Devices Inc., Nvidia Corp. and Intel Corp. rose between 1.3%-2% in US premarket trading, while Tesla Inc., Amazon.com Inc., Apple Inc., and Alphabet Inc. all added about 1% each.Europe’s Stoxx 600 index fluctuated just above flat, though the market is close to a three-month high and Germany’s Dax index is on the cusp of a technical bull-market, having narrowly missed that milestone on Monday. In Asia, Hong Kong’s Hang Seng benchmark rose above that threshold, gaining as much as 4.2%.Markets have turned risk-on in recent days, trading off a softer-than-expected US data print that many reckon will allow the Fed to raise rates in 50 basis-point increment, after three 75 basis-point hikes. That view was encouraged by Vice Chair Lael Brainard who said on Monday it would probably be “appropriate soon to move to a slower pace of increases.”“The issue the market has to wrestle with is how long is the Fed going to keep rates at that level and I think there is some positive sentiment out there that the Fed is going to pivot sometime in 2023,” Peter Kraus, Chairman and CEO at Aperture Investors, told Bloomberg Television.Chinese technology stocks were among the top contributors to gains in the MSCI Asia Pacific Index. Taiwan Semiconductor Manufacturing Co. surged as much as 9.4% after Warren Buffett took a stake of about $5 billion in the chipmaker.On currency markets, the dollar fell against a basket of currencies, touching its lowest since August 18, while 10-year Treasury yields also slipped. Data showing Japan’s economy unexpectedly shrank in the third quarter, as well as softer- than-expected Chinese retail sales figures, highlighted risks for global growth.Bank of America’s global fund manager survey for November showed sentiment remains “uber-bearish,” with investors still crowded into the dollar and cash, while tech stocks remain unpopular.“My biggest concern is the market gets ahead of itself and we get into a situation where the Fed feels it needs to rein in, and tighten more than it otherwise would have, as markets became too frothy,” Kristina Hooper, chief global strategist at Invesco said on Bloomberg Radio.Concerns over the near-term demand outlook hit oil prices, taking US crude futures down 2% on the day.Key events this week:Former US President Donald Trump plans to make an announcement, TuesdayUS empire manufacturing, PPI, TuesdayUS business inventories, cross-border investment, retail sales, industrial production, WednesdayFed’s John Williams, Lael Brainard and SEC Chair Gary Gensler speak, WednesdayECB President Christine Lagarde speaks, WednesdayEurozone CPI, ThursdayUS housing starts, initial jobless claims, ThursdayFed’s Neel Kashkari, Loretta Mester speak, ThursdayUS Conference Board leading index, existing home sales, FridaySome of the main moves in markets:StocksThe Stoxx Europe 600 was little changed as of 10:05 a.m. London timeFutures on the S&P 500 rose 0.8%Futures on the Nasdaq 100 rose 1.2%Futures on the Dow Jones Industrial Average rose 0.5%The MSCI Asia Pacific Index rose 2%The MSCI Emerging Markets Index rose 2.2%CurrenciesThe Bloomberg Dollar Spot Index fell 0.5%The euro rose 0.8% to $1.0406The Japanese yen rose 0.5% to 139.15 per dollarThe offshore yuan was little changed at 7.0358 per dollarThe British pound rose 0.7% to $1.1833CryptocurrenciesBitcoin rose 2.6% to $16,806.85Ether rose 2.8% to $1,260.7BondsThe yield on 10-year Treasuries declined four basis points to 3.81%Germany’s 10-year yield declined four basis points to 2.11%Britain’s 10-year yield was little changed at 3.36%CommoditiesBrent crude fell 1% to $92.23 a barrelSpot gold rose 0.3% to $1,777.05 an ounceVolatilityVIX slid 0.72% to 23.56VIXmain slid 2.09% to 24.85","news_type":1,"symbols_score_info":{"CLmain":0.9,"YMmain":0.9,"ESmain":0.9,"VIXmain":0.9,"NQmain":0.9,"VIX":0.9,"GCmain":0.9,"BZmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":217484284453000,"gmtCreate":1694120690240,"gmtModify":1694121714947,"author":{"id":"4107146342878220","authorId":"4107146342878220","name":"Wilson Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4107146342878220","authorIdStr":"4107146342878220"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BAC\">$Bank of America(BAC)$&nbsp;</a><v-v 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href=\"https://ttm.financial/S/OPEN\">$Opendoor Technologies Inc(OPEN)$&nbsp;</a><v-v data-views=\"1\"></v-v> to the moon","text":"$Opendoor Technologies Inc(OPEN)$ to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/470386770129592","isVote":1,"tweetType":1,"viewCount":554,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":494919660769456,"gmtCreate":1761860895225,"gmtModify":1761860897991,"author":{"id":"4107146342878220","authorId":"4107146342878220","name":"Wilson Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4107146342878220","authorIdStr":"4107146342878220"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/NVO\">$Novo-Nordisk A/S(NVO)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a 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bull","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370215643545960","repostId":"1146952071","repostType":2,"isVote":1,"tweetType":1,"viewCount":1499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362377116684528,"gmtCreate":1729504454232,"gmtModify":1729504456631,"author":{"id":"4107146342878220","authorId":"4107146342878220","name":"Wilson Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4107146342878220","authorIdStr":"4107146342878220"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01347\">$HUA HONG SEMI(01347)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/01347\">$HUA HONG SEMI(01347)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$HUA HONG 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Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4107146342878220","authorIdStr":"4107146342878220"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360316504256632","repostId":"1141371449","repostType":2,"repost":{"id":"1141371449","kind":"news","pubTimestamp":1728964047,"share":"https://ttm.financial/m/news/1141371449?lang=&edition=fundamental","pubTime":"2024-10-15 11:47","market":"hk","language":"en","title":"China Banks Mull Cutting Deposit Rates as Early as This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1141371449","media":"Bloomberg","summary":"China has lowered key policy rates, slashed mortgage costsLenders are under growing pressure from record low marginsChinese banks are set to trim rates on 300 trillion yuan ($42.3 trillion) of deposit","content":"<div>\n<p>China has lowered key policy rates, slashed mortgage costsLenders are under growing pressure from record low marginsChinese banks are set to trim rates on 300 trillion yuan ($42.3 trillion) of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-15/china-mega-banks-to-cut-deposit-rates-as-early-as-this-week?srnd=homepage-americas\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Banks Mull Cutting Deposit Rates as Early as This Week</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Banks Mull Cutting Deposit Rates as Early as This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-15 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-10-15/china-mega-banks-to-cut-deposit-rates-as-early-as-this-week?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China has lowered key policy rates, slashed mortgage costsLenders are under growing pressure from record low marginsChinese banks are set to trim rates on 300 trillion yuan ($42.3 trillion) of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-10-15/china-mega-banks-to-cut-deposit-rates-as-early-as-this-week?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","YINN":"三倍做多富时中国ETF-Direxion","000001.SH":"上证指数"},"source_url":"https://www.bloomberg.com/news/articles/2024-10-15/china-mega-banks-to-cut-deposit-rates-as-early-as-this-week?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141371449","content_text":"China has lowered key policy rates, slashed mortgage costsLenders are under growing pressure from record low marginsChinese banks are set to trim rates on 300 trillion yuan ($42.3 trillion) of deposits as soon as this week after the latest barrage of stimulus policies further squeeze their profitability, according to people familiar with the matter.Major banks including Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp. will be guided by the central bank’s interest rate self-disciplinary mechanism to lower the rates on a number of deposit products, said the people, who asked not to be identified discussing a private matter.Rates on one-year time deposit may drop by at least 20 basis points, while those on longer tenors may come down at least 25 basis points, the people said. The plans have yet to be finalized, they said.The cuts would mark the second such reduction this year, following the previous round in late July. The People’s Bank of China didn’t immediately respond to a request for a comment.The moves come after China unveiled its biggest package yet to shore up its sputtering economy, slashing policy rates as well as the borrowing costs on $5.3 trillion in outstanding mortgages.The PBOC last month delivered the biggest-ever decrease to the interest rate charged on its one-year policy loans. Governor Pan Gongsheng also said reduction in deposit rates would follow suit.China’s commercial banks have had some leeway in setting their own rates since the central bank scrapped direct control in 2005. The People’s Bank of China, however, maintains substantial sway by setting a ceiling and floor for rates through the interest rate self-disciplinary body.Chinese banks implemented a broad cut in deposit rates in late 2022, the first such move since 2015, after authorities urged them to boost lending. They lowered deposit interest three more times last year.Despite the reductions, the industry’s net interest margins have been falling and hit a record low of 1.54% at the end of June, well below the 1.8% threshold regarded as necessary to maintain reasonable profitability.Bloomberg reported earlier that China is considering injecting up to 1 trillion yuan of capital into its biggest state banks to increase their capacity to support the world’s second-largest economy.","news_type":1,"symbols_score_info":{"000001.SH":1.1,"HSI":1.1,"YINN":1.1}},"isVote":1,"tweetType":1,"viewCount":1514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226276145455200,"gmtCreate":1696316916280,"gmtModify":1696318404852,"author":{"id":"4107146342878220","authorId":"4107146342878220","name":"Wilson Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4107146342878220","authorIdStr":"4107146342878220"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/06185\">$CANSINOBIO(06185)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/06185\">$CANSINOBIO(06185)$&nbsp;</a>","text":"$CANSINOBIO(06185)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226276145455200","isVote":1,"tweetType":1,"viewCount":1877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969477269,"gmtCreate":1668513588651,"gmtModify":1676538068695,"author":{"id":"4107146342878220","authorId":"4107146342878220","name":"Wilson Tay","avatar":"https://community-static.tradeup.com/news/19039fd6e62ec7daa7e2e8f12a80bfc9","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4107146342878220","authorIdStr":"4107146342878220"},"themes":[],"htmlText":"Be safe not sorry&nbsp;","listText":"Be safe not sorry&nbsp;","text":"Be safe not sorry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969477269","repostId":"1106397932","repostType":4,"repost":{"id":"1106397932","kind":"news","pubTimestamp":1668508576,"share":"https://ttm.financial/m/news/1106397932?lang=&edition=fundamental","pubTime":"2022-11-15 18:36","market":"other","language":"en","title":"U.S. Stock Futures Lifted By Fed Pivot Hopes Ahead of Producer-Price Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1106397932","media":"Bloomberg","summary":"Bulls piled back into global stock markets, encouraged by an easing in Sino-US tensions and growing ","content":"<div>\n<p>Bulls piled back into global stock markets, encouraged by an easing in Sino-US tensions and growing confidence that the Federal Reserve will be able to slow its rate hiking pace.As Treasury yields and...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-14/asia-stocks-set-for-mixed-open-ahead-of-china-data-markets-wrap?srnd=markets-vp\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stock Futures Lifted By Fed Pivot Hopes Ahead of Producer-Price Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stock Futures Lifted By Fed Pivot Hopes Ahead of Producer-Price Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-15 18:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-14/asia-stocks-set-for-mixed-open-ahead-of-china-data-markets-wrap?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bulls piled back into global stock markets, encouraged by an easing in Sino-US tensions and growing confidence that the Federal Reserve will be able to slow its rate hiking pace.As Treasury yields and...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-14/asia-stocks-set-for-mixed-open-ahead-of-china-data-markets-wrap?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-14/asia-stocks-set-for-mixed-open-ahead-of-china-data-markets-wrap?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106397932","content_text":"Bulls piled back into global stock markets, encouraged by an easing in Sino-US tensions and growing confidence that the Federal Reserve will be able to slow its rate hiking pace.As Treasury yields and the dollar slipped, index futures on the Nasdaq 100 jumped more than 1%, boosted also by hefty gains earlier across Asian technology companies. Chipmakers Advanced Micro Devices Inc., Nvidia Corp. and Intel Corp. rose between 1.3%-2% in US premarket trading, while Tesla Inc., Amazon.com Inc., Apple Inc., and Alphabet Inc. all added about 1% each.Europe’s Stoxx 600 index fluctuated just above flat, though the market is close to a three-month high and Germany’s Dax index is on the cusp of a technical bull-market, having narrowly missed that milestone on Monday. In Asia, Hong Kong’s Hang Seng benchmark rose above that threshold, gaining as much as 4.2%.Markets have turned risk-on in recent days, trading off a softer-than-expected US data print that many reckon will allow the Fed to raise rates in 50 basis-point increment, after three 75 basis-point hikes. That view was encouraged by Vice Chair Lael Brainard who said on Monday it would probably be “appropriate soon to move to a slower pace of increases.”“The issue the market has to wrestle with is how long is the Fed going to keep rates at that level and I think there is some positive sentiment out there that the Fed is going to pivot sometime in 2023,” Peter Kraus, Chairman and CEO at Aperture Investors, told Bloomberg Television.Chinese technology stocks were among the top contributors to gains in the MSCI Asia Pacific Index. Taiwan Semiconductor Manufacturing Co. surged as much as 9.4% after Warren Buffett took a stake of about $5 billion in the chipmaker.On currency markets, the dollar fell against a basket of currencies, touching its lowest since August 18, while 10-year Treasury yields also slipped. Data showing Japan’s economy unexpectedly shrank in the third quarter, as well as softer- than-expected Chinese retail sales figures, highlighted risks for global growth.Bank of America’s global fund manager survey for November showed sentiment remains “uber-bearish,” with investors still crowded into the dollar and cash, while tech stocks remain unpopular.“My biggest concern is the market gets ahead of itself and we get into a situation where the Fed feels it needs to rein in, and tighten more than it otherwise would have, as markets became too frothy,” Kristina Hooper, chief global strategist at Invesco said on Bloomberg Radio.Concerns over the near-term demand outlook hit oil prices, taking US crude futures down 2% on the day.Key events this week:Former US President Donald Trump plans to make an announcement, TuesdayUS empire manufacturing, PPI, TuesdayUS business inventories, cross-border investment, retail sales, industrial production, WednesdayFed’s John Williams, Lael Brainard and SEC Chair Gary Gensler speak, WednesdayECB President Christine Lagarde speaks, WednesdayEurozone CPI, ThursdayUS housing starts, initial jobless claims, ThursdayFed’s Neel Kashkari, Loretta Mester speak, ThursdayUS Conference Board leading index, existing home sales, FridaySome of the main moves in markets:StocksThe Stoxx Europe 600 was little changed as of 10:05 a.m. London timeFutures on the S&P 500 rose 0.8%Futures on the Nasdaq 100 rose 1.2%Futures on the Dow Jones Industrial Average rose 0.5%The MSCI Asia Pacific Index rose 2%The MSCI Emerging Markets Index rose 2.2%CurrenciesThe Bloomberg Dollar Spot Index fell 0.5%The euro rose 0.8% to $1.0406The Japanese yen rose 0.5% to 139.15 per dollarThe offshore yuan was little changed at 7.0358 per dollarThe British pound rose 0.7% to $1.1833CryptocurrenciesBitcoin rose 2.6% to $16,806.85Ether rose 2.8% to $1,260.7BondsThe yield on 10-year Treasuries declined four basis points to 3.81%Germany’s 10-year yield declined four basis points to 2.11%Britain’s 10-year yield was little changed at 3.36%CommoditiesBrent crude fell 1% to $92.23 a barrelSpot gold rose 0.3% to $1,777.05 an ounceVolatilityVIX slid 0.72% to 23.56VIXmain slid 2.09% to 24.85","news_type":1,"symbols_score_info":{"CLmain":0.9,"YMmain":0.9,"ESmain":0.9,"VIXmain":0.9,"NQmain":0.9,"VIX":0.9,"GCmain":0.9,"BZmain":0.9}},"isVote":1,"tweetType":1,"viewCount":1735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}