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A glimpse ahead: The Chinese concept stock financial report season has begun! Tencent and Alibaba are the first to release their reports. Who is expected to sound the horn of a new round of "counterattack"?
Starting next week, a new round of financial reporting season for Chinese network technology stocks will officially begin. Star companies such as Tencent, alibaba, and Meituan will release their financial reports one after another. The capital markets once again focus on Chinese concept stocks, can this financial reporting season bring surprises to the market?
Express News | Ishares MSCI China ETF Down 4.7%, Ishares China Large Cap ETF Down 4.7%, Kraneshares CSI China Internet ETF Down 4.9%
JD.com, Inc.'s (NASDAQ:JD) Stock Is Going Strong: Have Financials A Role To Play?
Memo for next week.
On November 11 (Monday), the holiday markets in the USA, France, and Canada are closed. Reserve Bank of New Zealand's fourth-quarter inflation expectations for the next two years: previous value 2.03%. Japan's October banks (including trusts) lending rate: previous value increased by 2.7%. Japan's September trade account: predicted deficit of 66.2 billion yen; previous deficit of 377.9 billion yen. Japan's September current account: predicted surplus of 3.4327 trillion yen; previous surplus of 3.8036 trillion yen. Japan's October economic observers' current situation index: predicted 47.1; previous value 47.8. Japan's October economic observers' future outlook index: predicted 49.2; previous value 49.7.
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.
Express News | JD.com Down 3.1%, Li Auto Down 3.7%, NIO Down 1.9%
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