21:24 · 8 āļ•āļļāļĨāļēāļ„āļĄ 2024

Chinese ADRs drop amid rising profit-taking pressure ðŸšĐJD.com down 7%

JD.com
āļŦāļļāđ‰āļ™
JD.US, JD.com Inc. - ADR
-
-

Shares of Chinese giants like JD.com (JD.US), Alibaba (BABA.US), Tencent (TME.US), and Yum!China (YUM.US) are trading in the 6 to 8% range today. A number of companies are even posting double-digit declines, driven by massive profit-taking in China, which has been on an unprecedented upswing. The Hang Seng Index retreated nearly 9.5% today, the strongest since 2008, after an announcement by Chinese authorities on expectations for further steps to stimulate the economy 'disappointed' exorbitant expectations.

It seems, however, that fundamentals may still be in favor of Chinese equities; as long as incoming macro data for September and October show at least a noticeable improvement, relative to recent months. However, this is not a foregone conclusion. Chinese authorities still expect this year's growth to 'meet current forecasts,' which seemed an insufficiently optimistic statement for 'Wall Street,' excited by the prospect of a strong rebound in Chinese demand. As a result, the mass of investors decided to realize profits, after the Hang Seng Index rallied more than 30%. China's Commerce Minister Wang Wentao spoke with US Commerce Secretary Gina Raimondo today and 'urged the US' to improve the business environment, for Chinese businesses operating in the United States.

 


Source: xStation5

3 āļ•āļļāļĨāļēāļ„āļĄ 2025, 08:21

āļŦāļļāđ‰āļ™āđ€āļ”āđˆāļ™āļ›āļĢāļ°āļˆāļģāļŠāļąāļ›āļ”āļēāļŦāđŒ – Quanta Services Inc.

3 āļ•āļļāļĨāļēāļ„āļĄ 2025, 08:14

DE40: āļĒāļļāđ‚āļĢāļ›āļāļģāļĨāļąāļ‡āļŸāļ·āđ‰āļ™āļ•āļąāļ§

2 āļ•āļļāļĨāļēāļ„āļĄ 2025, 15:10

Samsung āļžāļļāđˆāļ‡āļ‚āļķāđ‰āļ™ 4% āļ—āđˆāļēāļĄāļāļĨāļēāļ‡āļ”āļĩāļĨ OpenAI & āđ‚āļ„āļĢāļ‡āļāļēāļĢ Stargate āļ‚āļ­āļ‡āļŠāļŦāļĢāļąāļāļŊ 📈

2 āļ•āļļāļĨāļēāļ„āļĄ 2025, 08:27

āļ‚āđˆāļēāļ§āđ€āļ”āđˆāļ™āļ§āļąāļ™āļ™āļĩāđ‰: Wall Street āđƒāļāļĨāđ‰āļˆāļļāļ”āļŠāļđāļ‡āļŠāļļāļ”āđ€āļ›āđ‡āļ™āļ›āļĢāļ°āļ§āļąāļ•āļīāļāļēāļĢāļ“āđŒ āđāļĄāđ‰āđ€āļœāļŠāļīāļ Government Shutdown

āđ€āļ‚āđ‰āļēāļŠāļđāđˆāļ•āļĨāļēāļ”āļžāļĢāđ‰āļ­āļĄāļĨāļđāļāļ„āđ‰āļēāļ‚āļ­āļ‡ XTB Group āļāļ§āđˆāļē 1 700 000 āļĢāļēāļĒ

āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ—āļĩāđˆāđ€āļĢāļēāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļĄāļĩāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡ āđ€āļĻāļĐāļŦāļļāđ‰āļ™ (Fractional Shares) āđ€āļ›āđ‡āļ™āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļĩāđˆāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļˆāļēāļ XTB āđāļŠāļ”āļ‡āļ–āļķāļ‡āļāļēāļĢāđ€āļ›āđ‡āļ™āđ€āļˆāđ‰āļēāļ‚āļ­āļ‡āļŦāļļāđ‰āļ™āļšāļēāļ‡āļŠāđˆāļ§āļ™āļŦāļĢāļ·āļ­ ETF āđ€āļĻāļĐāļŦāļļāđ‰āļ™āđ„āļĄāđˆāđƒāļŠāđˆāļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ­āļīāļŠāļĢāļ° āļŠāļīāļ—āļ˜āļīāļ‚āļ­āļ‡āļœāļđāđ‰āļ–āļ·āļ­āļŦāļļāđ‰āļ™āļ­āļēāļˆāļ–āļđāļāļˆāļģāļāļąāļ”
āļ„āļ§āļēāļĄāļŠāļđāļāđ€āļŠāļĩāļĒāļŠāļēāļĄāļēāļĢāļ–āđ€āļāļīāļ™āļāļ§āđˆāļēāđ€āļ‡āļīāļ™āļ—āļĩāđˆāļāļēāļ