Futu Morning Post | Chinese concept stocks lead the US large cap market! The Jinlong index rose by more than 4%; Nomura warns: the market is hedging excessively against Trump trade, may see a 'Harris accident'.

Apple released the iMac with the M4 chip, the first batch of AI features officially implemented; US oil plunged by over 6%, the worst in over two years, Citigroup lowered its oil price target; Bitcoin traders once again look to surpass the $0.07 million mark, with funds flowing into US etf.

Futu NewsOct 29 08:11

Bullish! China's assets target price has been repeatedly raised by foreign investment, how will it evolve in the future?

In the past two trading days, the A-share and Hong Kong stock markets have both rebounded, with the target prices of many listed companies successively raised by foreign institutions. Going forward, how will the assets in China perform?

China brokerageOct 28 21:12

Oil prices fell, dragging down Sinopec's Q3 net profit by 52.1% year-on-year, while CNOOC's revenue declined | Financial Report Review

In the third quarter, Sinopec's net income fell sharply, with a significant decrease in inventory income year-on-year under the rapid decline in oil prices, as well as a slight narrowing of refining product gross margin; CNOOC's revenue decreased year-on-year, but net production and net income increased significantly year-on-year, with significant cost advantages.

wallstreetcnOct 28 21:02

The product price spread fell year-on-year, dragging down hengli petrochemical's Q3 net income to 1.09 billion, a significant 59% year-on-year decline. | Financial report insights

In the third quarter, hengli petrochemical's earnings per share was 0.16 yuan, a year-on-year decrease of 57.89%. In the third quarter, hengli petrochemical's profit and earnings per share both dropped by nearly 60%, mainly due to a year-on-year reduction in product price differentials for the quarter, leading to a decline in quarterly profits.

wallstreetcnOct 24 20:53

Share buyback and shareholding loans are quickly implemented! Industrial and Commercial Bank of China, Bank of China, China Construction Bank, China Merchants Bank, Citic Bank, and other banks have announced progress. Some banks have cooperation intention

①As of now, Bank of China has reached cooperation intentions with nearly a hundred listed companies, explicitly committing loans to 32 listed companies, covering industries such as integrated circuits, transportation, high-end manufacturing, and business services; ②The bank stated that it will strictly adhere to the risk compliance bottom line, rigorously prevent crediting funds that do not meet the conditions of the stock increase stake & buy back and reloan policy from illegally flowing into the stock market.

cls.cnOct 21 15:54

"Repurchase, shareholding, and re-lending" is quickly implemented! The scale has exceeded 10 billion yuan, with central enterprises leading the trend.

①Yesterday, the first batch of 23 listed companies have disclosed information on shareholding, repurchasing, and additional financing, with the total amount involved exceeding one billion yuan; ②Among central state-owned enterprises, two major shipping giants, China Merchants Group and cosco shp sg, have multiple companies involved, while private enterprises are represented by industries such as aquaculture, photovoltaics, and semiconductors; ③Market participants believe that the new policy on additional financing has received enthusiastic responses, which will help further activate the market and bring more liquidity.

cls.cnOct 21 07:06