FUTU | 富途

Hot discussion: Wall Street “recession trading” prevails! Should you stick with tech stocks or embrace defensive stocks?

Fears of a recession, the “war” of the U.S. stock sell-off began to spread from the technology and growth sectors to other sectors, and even retailers, which had been relatively unaffected by the financial turmoil, were hit hard last week. On Friday, the S&P 500 index fell into a bear market for a time. Fortunately, […]

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Tesla’s Berlin plant to start two-shift production to ramp up car production, sources say

Source: IT House According to Tesmanian reports, Tesla’s Berlin plant has introduced a second working shift starting last Friday. This will help Tesla ramp up production faster to meet growing demand for its electric vehicles as quickly as possible. The Berlin Gigafactory opened on March 22 and is Tesla’s first large factory in Europe. People

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Hong Kong City Quick View | Technology stocks and sporting goods stocks fell the most, Kuaishou fell by more than 7%, and Li Ning fell by more than 9%

Futu Information, May 23 | Hong Kong stocks narrowed their losses in the afternoon. The Hang Seng Index closed down 1.19%, the China Enterprises Index closed down 1.39%, and the Hang Seng Technology Index closed down 2.49%. As of the close, Hong Kong stocks rose 771 stocks today, fell 1049 stocks, and closed flat at

Hong Kong City Quick View | Technology stocks and sporting goods stocks fell the most, Kuaishou fell by more than 7%, and Li Ning fell by more than 9% Read More »

Rising US index futures boosted risk sentiment, non-US currencies collectively counterattacked

Source: Golden Ten Data Author: Xiao Yanyan In the afternoon of Monday (May 23), the rise of U.S. stock index futures boosted investors’ risk appetite, and various assets generally ushered in a rebound . It came after the S&P 500 fell for a seventh straight week, its longest stretch of weakness since 2001. As of

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Opinion | Will Recession Expectations Constrain Fed Tightening?

Source: Hongguan Zhuojian Author: Wang Hanzhuohong et al The sharp correction in U.S. stocks and U.S. bond yields revealed the fermentation of market recession expectations, however, a substantial economic recession rather than recession expectations may be an indicator closely watched by the Fed in the near future. Market: The market’s concerns about corporate profitability have

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It is still early to discuss “rescue the market”! An article to understand the “little nine-nine” in the heart of the Federal Reserve

Source: Zhitong Finance Author: Wei Haoming U.S. stocks are plunging, but don’t expect Fed Chairman Jerome Powell to come to the rescue of shaky stocks — at least not yet. Kansas Fed President Esther George said on Thursday that the market slump was not surprising given the Fed’s repeated warnings that it will keep raising

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After more than 3 years, SMIC repurchased shares again, with over 80 billion funds on hand

Source: China Securities Journal Author: Wu Keren After more than 3 years, SMIC repurchased its shares again. On the evening of May 19, SMIC’s H-share announcement stated that it had repurchased 4.215 million ordinary shares of the company through the Hong Kong Stock Exchange on May 19, at a cost of HK$66.57 million. Source: Company

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The stock gods are not immune, Buffett’s six heavyweight stocks lost 13.4 billion US dollars a day

Source: Sina Finance Warren Buffett’s six biggest holdings may have lost more than $13 billion in Wednesday’s rout, according to estimates. Buffett’s Berkshire Hathaway’s holdings of Apple shares lost $7.5 billion in value, and Apple’s shares fell nearly 6% on the day; its Coca-Cola shares lost $1.8 billion in value, and the stock fell 7%

The stock gods are not immune, Buffett’s six heavyweight stocks lost 13.4 billion US dollars a day Read More »