"One sign, multiple lines" and "one line a week" will be implemented, with a significant increase in search volume for Hong Kong and Macao destinations!
On November 29th, the Exit and Entry Administration of the People's Republic of China announced that, with the approval of the State Council, the "one sign, multiple trips" policy for traveling to Hong Kong will be implemented in Shenzhen, Guangdong Province, the "one week, one trip" policy for traveling to Macau will be implemented in Zhuhai, and the "one sign, multiple trips" policy for traveling to Macau will be implemented in the Hengqin Guangdong-Macao Deep Cooperation Zone.
"One sign, multiple lanes" and "one week, one lane" will be implemented, making travel to and from Hong Kong and Macau more convenient.
According to the announcement of the Exit and Entry Administration, with the approval of the State Council, the Exit and Entry Administration of the People's Republic of China has decided to implement the "one visa multiple entries" policy for traveling to Hong Kong in Shenzhen City of guangdong Province, the "one trip per week" policy for traveling to Macau in Zhuhai City of guangdong Province, and the "one visa multiple entries" policy for traveling to Macau in the Hengqin Guangdong-Macau Deep Cooperation Zone.
Third quarter IPO report: Hong Kong stock market once again witnessed billion-dollar projects, the number and amount of Chinese enterprise IPOs rebounded year-on-year
In Q3 2024, a total of 52 Chinese companies successfully IPO'd on A-shares, Hong Kong stocks, and US stocks. The number of IPOs decreased by 52.29% year-on-year, but increased by 18.18% compared to the previous period. In the first three quarters, the number of IPOs of Chinese companies globally decreased by 54.98% year-on-year.
The Musk Cybercab is about to be released! Many domestic giants are eagerly exploring the Robotaxi China model.
1. Tesla will launch a new Robotaxi (self-driving taxi) product named 'Cybercab'; 2. Companies such as Baidu's Luobo Kuai Pao, Didi, Xiaoma Zhi Xing, AutoX, Wenyuan, as well as GAC's Ruqi Chuxing, SAIC's Xiangdao Chuxing and other companies have all laid out in the Robotaxi business; and listed companies like Wanma Technology are also exploring the Chinese model of Robotaxi.
JPMorgan: After the A-share market opens, Hong Kong real estate, consumer, and financial stocks will experience a pullback, but this is healthy.
Jpmorgan believes that the forward P/E ratio of the Chinese stock market has significantly rebounded, indicating that policies are shifting towards the direction of asset reflation released by the combination of monetary/real estate, also reflecting the market's high expectations for fiscal stimulus policies, but may be overly optimistic in the short term. After the opening of A shares, with more individual investors entering, their performance may outperform Hong Kong stocks.
Tesla's Robotaxi is about to debut, analyzing the core beneficiary symbols.
Tesla will hold the Robotaxi autonomous driving taxi unveiling event on October 11th Beijing time.