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News

Bank Deposit Rates Cut Again

Recently, six major state-owned banks in China, including Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), China Construction Bank (CCB), Bank of China (BOC), Bank of ...

Sep-10 , 2024

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Fed Beige Book: Little Change in Economic Activity, Inflation Remains Mild

On Wednesday, the Federal Reserve indicated in its latest "Beige Book" report that since early September, economic activity in most regions of the United States has remained largely unchanged, with tw...

Sep-02 , 2024

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Tesla Q3 EPS Rises 9%, Cybertruck Margins Turn Positive, Shares Jump Over 10% After Hours

Facing the ongoing overall decline in the automotive market and intensifying competition within the electric vehicle industry, Tesla still managed to turn a profit in the third quarter, thanks to reco...

Aug-28 , 2024

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Surge in Aluminum Prices Continues Unabated

It is widely acknowledged that since September 19th, the Hong Kong stock market has been greeted with significant positive news, causing a market frenzy, with even giant tech stocks like Tencent Holdi...

Aug-28 , 2024

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"CITIC Capital Ups Stake in McDonald's China, Valuation Exceeds $45B"

CITIC Capital plans to invest an additional $430 million in McDonald's China. It is important to note that this acquisition is actually an internal equity transfer within the CITIC group, with the tot...

Aug-21 , 2024

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Double kill of European and American stocks and bonds

The risks of U.S. debt and deficit are on the rise, while a strong economy has diminished expectations for Federal Reserve rate cuts. The yield on the 10-year U.S. Treasury note surged to 4.26%, and t...

Aug-19 , 2024