FUTU | 富途

Futu Morning Post | Going against the market! Chinese stocks have risen for three consecutive days; Yellen: The United States considers lowering tariffs on Chinese imports to ease inflation

hot news Running into the market, iShares Anshuo MSCI China ETF single-day capital inflow hit a record high Investors poured nearly $270 million into the iShares MSCI China ETF (MCHI) on Tuesday, the biggest one-day inflow since the fund was founded in 2011. The MSCI China index tracked by the ETF has gained nearly 7 […]

Futu Morning Post | Going against the market! Chinese stocks have risen for three consecutive days; Yellen: The United States considers lowering tariffs on Chinese imports to ease inflation Read More »

Featured Announcements | BYD Raises the A-Share Repurchase Price Limit; Junshi Biology Signs License Contract with Sun Yat-Sen University Cancer Center

Featured Announcements 1. $BYD Shares (01211.HK)$ : The upper limit of the repurchase price of A shares has been raised to no more than 400 yuan per share BYD Co., Ltd. announced that the 25th meeting of the seventh board of directors of the company decided to consider and approve the “Proposal on Adjusting the

Featured Announcements | BYD Raises the A-Share Repurchase Price Limit; Junshi Biology Signs License Contract with Sun Yat-Sen University Cancer Center Read More »

Still very optimistic, Sister Mu believes that the large inventory is evidence that inflation will subside

Cathie Wood said the large inventories now held by U.S. companies suggest inflation will fall. “I’ve never seen an inventory surge like this in my career, and I’ve been around for a long time,” the head of Ark Investment Management said in an interview Wednesday. “This inventory issue underscores the cyclical reasons we’ve always thought

Still very optimistic, Sister Mu believes that the large inventory is evidence that inflation will subside Read More »

Rediscover old love! After Tesla’s stock price plummeted by nearly 50%, Sister Mu Tou began to increase her holdings

Since May 23, “Sister Wood” Cathie Wood’s Ark Fund ARK has bought more than 55,000 Tesla shares. This is an important change in ARK’s position in Tesla. Previously, “Sister Wood” reduced its Tesla holdings for at least four consecutive quarters. As of the end of March, ARK’s Tesla shares were 1.59 million shares, compared with

Rediscover old love! After Tesla’s stock price plummeted by nearly 50%, Sister Mu Tou began to increase her holdings Read More »

Turnover TOP20: Chinese concept stocks generally rose sharply, Weilai refuted the rumor that it did not cooperate with AMD

On Wednesday, the US stock turnover champion Tesla closed up 1.25%, with a turnover of 18.647 billion US dollars; the second Chinese concept stock Ali rose 14.67%, with a turnover of 10.709 billion US dollars; the third American supermicro company closed down 3.21%, with a turnover of 10.044 billion Dollar. In the early morning of

Turnover TOP20: Chinese concept stocks generally rose sharply, Weilai refuted the rumor that it did not cooperate with AMD Read More »

U.S. stocks fell across the board, and the S&P 500 fell more than 1%. What happened?

Overnight, U.S. stocks fell across the board, and rising oil prices sparked market concerns. The Dow fell 269.24 points, or 0.81%, to 32,910.90, while the S&P 500 lost 1.08% to end at 4,115.77. The Nasdaq fell 0.73% to close at 12,086.27. Investors on Wednesday continued to look for signs of slowing economic growth ahead of

U.S. stocks fell across the board, and the S&P 500 fell more than 1%. What happened? Read More »

U.S. housing market cools sharply, mortgage demand falls to lowest in 22 years

Mortgage demand in the U.S. fell to a freezing point due to rising mortgage rates and a shortage of inventory in the housing market. On Wednesday, total mortgage applications (including purchase and refinance applications) fell 6.5% last week compared to the previous week, according to a seasonally adjusted index released by the Mortgage Bankers Association

U.S. housing market cools sharply, mortgage demand falls to lowest in 22 years Read More »

OECD cuts global economic forecast to 3%, says inflation in developed countries may double

Source: Wall Street News Author: Porridge Seven The Organization for Economic Cooperation and Development (OECD) also lowered its forecast for global economic growth after the World Bank slashed its forecast for global economic growth on Tuesday and warned that the global economy may fall into 1970s-style stagflation, with many countries at risk of recession. On

OECD cuts global economic forecast to 3%, says inflation in developed countries may double Read More »

The EU may declare lithium as a dangerous good, what will be the impact?

Source: Wall Street News Author: Xu Chao Some institutional analysis believes that if the bill is passed, the EU will be more strict on the management of lithium compounds, the cost of domestic production of batteries will rise, and overseas lithium batteries and new energy vehicle exports will benefit. The EU’s proposal to classify lithium

The EU may declare lithium as a dangerous good, what will be the impact? Read More »

Beishui sold Meituan for over HK$600 million, adding WuXi Biologics for seven consecutive days; Nanshui bought Kweichow Moutai for eight consecutive days

On June 8, Southbound funds sold a small net amount of HKD 91 million today, ending the 5-day net buying trend. Meituan-W, China National Offshore Oil Corporation, and China Construction Bank were sold on a net of HK$640 million, HK$514 million, and HK$187 million, respectively; HKEX, Kuaishou, WuXi Biologics, and Tencent Holdings received a net

Beishui sold Meituan for over HK$600 million, adding WuXi Biologics for seven consecutive days; Nanshui bought Kweichow Moutai for eight consecutive days Read More »

JPMorgan “dead long”: Even if oil prices are $150, U.S. stocks can hold up

Source: Wall Street News Marko Kolanovic, chief global market strategist and co-head of global research at JPMorgan, believes the U.S. and global economies will avoid a recession, and he expects the S&P 500 to rebound to around 4,800 by year-end. Marko Kolanovic, chief global market strategist and co-head of global research at JPMorgan, sees a

JPMorgan “dead long”: Even if oil prices are $150, U.S. stocks can hold up Read More »