Source: Wall Street News Dennis Gartman, chairman of the University of Akron Endowment and a well-known investor, said that as the Fed raises interest rates, U.S. stocks are at risk of another 10% drop. “A lot of my long positions were stopped last Thursday and Friday,” Gartman said in an interview with Bloomberg on Monday. […]
Source: Mindfulness Finance Author: Western Macro Zhang Jingjing Team Summary In order to improve the ability of financial institutions to use foreign exchange funds, the People’s Bank of China has decided to reduce the foreign exchange deposit reserve ratio of financial institutions by 1 percentage point from May 15, 2022, that is, the foreign exchange
Summary On April 21, the General Office of the State Council issued the “Opinions on Promoting the Development of Individual Pensions”. The improvement of the domestic pension system will also have a certain impact on the development of the capital market. For example, the characteristics of long-term investment of overseas pension funds and the attributes
Viewpoint | ESG investment application and enlightenment of overseas pension funds Read More »
On April 25 (Monday), southbound funds sold a net HK$295 million today. CNOOC, China Construction Bank, and Tencent Holdings were sold on a net of HK$608 million, HK$306 million, and HK$237 million, respectively; Meituan-W bucked the trend and bought a net purchase of HK$629 million. The net sales of northbound funds were 4.397 billion yuan
Source: Wind The fund’s first quarterly report has been disclosed, and it is worth discussing the issue of fund managers’ treatment of Hong Kong stocks. Qiu Dongrong has expressed his optimism on Hong Kong stocks since the end of 2021. It can be clearly seen from the first quarterly report of Zhonggeng Value Pilot that
Star Fund is optimistic about Hong Kong stocks Read More »
Goldman Sachs said that tightening financial conditions and the increased possibility of an excessive economic slowdown and a recession are one reason U.S. stock investors choose to invest steadily. “In the current worrisome stock market investment environment, we believe stability is more attractive than growth or value,” strategist David Kostin and his team wrote in
Featured Announcements 1. $China Merchants Bank (03968.HK)$ : Q1 net profit increased by 12.52% year-on-year to 36 billion yuan China Merchants Bank released the report for the first quarter of 2022. During the reporting period, the revenue was 91.99 billion yuan, a year-on-year increase of 8.54%; the net profit was 36.022 billion yuan, a year-on-year
hot news Mester voted against raising interest rates by 75 basis points, saying that monetary policy should be tightened in an orderly manner On Friday, Cleveland Fed President Mester said he opposed a one-time 75 basis point rate hike, favoring caution in tightening monetary policy. She also said she was in favor of raising rates
Source: China Fund News Author: Ivan On April 24, Hong Kong Financial Secretary Chen Maobo wrote in a blog: The epidemic is gradually under control, and the effect of consumer coupons will help support the steady improvement of Hong Kong’s economy this quarter; but he also reminded investors that despite the local inflation rate in
Source: Wall Street News After Powell bluntly stated that after the next meeting to discuss raising interest rates by 50 basis points, the president of the San Francisco Fed, who was originally dovish, also emphasized that he would raise interest rates by 50 basis points in the next two meetings. What the market then saw
After the epic sell-off in U.S. bonds, Wall Street begins to discuss bottom-hunting Read More »
Vivo’s first flagship new phone with a folding screen, the vivo X Fold, was officially launched today. If it is always a missed opportunity to watch the disk with a mobile phone, then you must not miss this folding screen phone. The folding screen version of Futu Niuniu App is deeply integrated with the folding
Source: CAICT In the first quarter of 2022, the production and sales of new energy vehicles in my country reached 1.293 million and 1.257 million respectively, an increase of 1.4 times year-on-year, maintaining a good momentum of development in general, with a market penetration rate of 19.3%, showing a prominent leading role in the automotive
Source: CICC Strategy Author: Li Qiusuo Wang Hanfeng Today, the General Office of the State Council issued the “Opinions on Promoting the Development of Individual Pensions” (hereinafter referred to as the “Opinions”). We briefly comment on this as follows: The personal pension system has ushered in an important breakthrough, focusing on six aspects : 1)