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10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
dada nexus (DADA.US) will release its financial report after the market closes on November 13th.
Dada Nexus (DADA.US) will release its financial report after market close on November 13. How was its previous performance? In 2024 Q2, revenue was 2.349907 billion RMB, net income was -0.286231 billion RMB, and eps was -1.08 RMB. In 2023 Q3, revenue was 2.866554 billion RMB, net income was -0.165979 billion RMB, and eps was -0.64 RMB. The above data is based on US_GAAP accounting standards. Futubull reminder: 1. Hong Kong stocks, US
Dada to Announce Unaudited Third Quarter 2024 Financial Results on November 13, 2024
Shares of US-listed Chinese Stocks Are Trading Higher. The People's Bank of China Announced It Will Use Outright Reverse Repurchase Agreements to Enhance Liquidity Management, Which May Boost Investor Confidence and Boost China's Monetary Policy.
China's assets across the board are booming! The Golden Dragon Index is surging strongly, pdd holdings once soared by more than 8%, how do foreign giants view this?
Regarding the future outlook for Chinese assets, the expectations of foreign giants are becoming increasingly bullish. Deutsche Bank stated in its latest research report that the current rebound in the Chinese stock market is not just a short-term short covering, but a trend change. Deutsche Bank analyst Peter Milliken believes that with the influx of global funds and the restoration of investor confidence, combined with relatively low valuations, the Hong Kong stock market is expected to see a strong bull market.
US stocks on the move | Citigroup raises target price to $2 for dada nexus (DADA.US), up more than 9%.
On Tuesday, dada nexus (DADA.US) rose rapidly, up 9.06% as of press time, at $1.745.
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