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 […]

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

Source: Securities Times On May 19, local time, the stock price of $Tesla (TSLA.US)$ continued to fall, falling below the $700 mark again before the market, and it has fallen by more than 40% from the all-time high in November last year. As of the close, Tesla’s shares fell slightly by 0.05% to $709.42 per

Source: Golden Ten Data In an article issued on May 18, Guggenheim Partners, a global investment and financial advisory service, warned about the possible harm of excessive Fed rate hikes. The following is a compilation of the article content If two trains are moving towards each other at different speeds, when will they collide? The

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%

Featured Announcements 1. $China Merchants Bank (03968.HK)$ : Appoint Wang Liang as President China Merchants Bank (03968) announced that the board of directors held the 40th meeting of the 11th board of directors on May 19, 2022, at which it reviewed and approved the “Proposal on the Appointment of Mr. Wang Liang as President of

Source: Sina Finance Global leisure travel has returned to 2019 levels for the first time since the COVID-19 pandemic, according to a report released by the MasterCard Institute for Economic Research. Since the beginning of the year, the average global airfare has risen by 18%. “If flight bookings continue to grow at the current rate,

hot news U.S. Treasury Secretary Yellen: Fed has no reason to raise 2% inflation target U.S. Treasury Secretary Yellen said a soft landing is conceivable and the Fed has no reason to raise its 2 percent inflation target; tariffs on Russian oil could be an alternative to capping oil prices. Fed’s George: Market turmoil won’t