To The Moon

Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next year, its highest on record, while maintaining an economic growth target of around 5%, two sourc

JD.com: 24Q3 Revenue Hits 260.39 Billion Yuan, up from 247.7 Billion Yuan Last Year.JD.com shares dropped 2.8% in premarket trading.

Hong Kong stocks fell on Tuesday after data showed weak loan growth in October. The Hang Seng Index dropped 0.6%, while the Hang Seng Tech Index fell 0.8%.Auto stocks defied the trend with an impressive performance. Auto sales and production in China rose in October on the back of pro-growth policy measures, according to data from the China Association of Automobile Manufacturers. Dongfeng Group rose 16%; BAIC Motor rose 6%; GAC Group rose 5%; Geely Auto rose 3%; GWMOTOR rose 2%; BYD rose 1%; Wh

On Monday, Cathie Wood’s Ark Invest made significant trades in Amazon, Robinhood, Block, AMD, Meta, Tesla and Palantir. These trades were part of a series of transactions carried out by Ark Invest’s v

An ASML warning about the health of the semiconductor market is one factor weighing on AI chip stocks Tuesday - but one analyst says Nvidia investors shouldn't be worried. Nvidia Corp. and Advanced Micro Devices Inc. shares saw their Tuesday declines build after a semiconductor-equipment company warned of continued pressures in the broader chip market. But are investors in the hot artificial-intelligence chip names right to worry?Cantor Fitzgerald analyst C.J. Muse reiterated that point in a note to clients as he defended shares of Nvidia , AMD , Micron Technology Inc. and Broadcom Inc. "In no way shape or form does the company's updated outlook indicate any change in the AI growth story," Muse wrote after ASML's release.AI graphics processing units have transformed Nvidia's business with such robust revenue that the company isn't swayed meaningfully by developments elsewhere in the semiconductor market. And while AMD isn't hauling in anywhere near as much AI revenue, the company saw

Chinese ADRs and ETFs fall in premarket trading.YINN tumbled 9.2%; Bilibili dropped 6.8%; JD.com fell 6.4%; Li Auto fell 4.8%; Alibaba fell 4.6%; PDD Holdings fell 4.4%.China has begun enforcing a lon

Hong Kong stocks opened higher on Thursday. The Hang Seng Index rose 2%, while the Hang Seng Tech Index rose 2.9%.In terms of individual stocks, Alibaba rose 2%; Meituan rose 4.8%; JD.com rose 2.7%; Baidu rose 1.7%; Xiaomi rose 2.2%; NIO rose 3.9%; Li Auto rose 4%; XPeng rose 4.3%.What is particularly noteworthy is that, Haitong Securities shares soared 134.4%. Guotai Junan Securities Co. and Haitong Securities Co. unveiled the terms of their proposed merger to create a state-backed brokerage wi

The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China in a move set to increase trade tensions with Beijing, according to people familiar with the process

China is weighing plans for a stock stabilization fund, and will unleash at least 800 billion yuan ($113 billion) of initial liquidity support for its beleaguered equity market. Mainland and Hong Kong