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$Hang Seng Index(800000.HK$ Financial|Hang Seng Fails 17000 Point Level
The Hang Seng Index extended its losses in the afternoon, having fallen once more than 17,000 points to a low of 16991 points; it is now 17002 points, down 1.78%.
The Hang Seng Index extended its losses in the afternoon, having fallen once more than 17,000 points to a low of 16991 points; it is now 17002 points, down 1.78%.
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$Hang Seng Index(800000.HK$ Hang Seng is now back to 1999 and it's 25 years backwards... Really the worst index in the entire world.....
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$Tesla(TSLA.US$ Tesla's all-driverless software FSD, which Musk has been promoting, is being investigated by the US federal government. Last month, the California Executive Judge rejected Tesla's application against an allegation about autonomous driving technology. According to the California Department of Motor Vehicles (DMV)'s previous accusations against Tesla, Tesla exaggerated the autonomous driving function when selling electric vehicles, misled consumers, and may be subject to legal liability.
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$McDonald's(MCD.US$ If there are no counter options tomorrow, you will have to sell
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$CrowdStrike(CRWD.US$ Predicting a close below $250 by the end of today
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$Tesla(TSLA.US$ Financials |Tesla Second-Quarter Earnings Drop 45% Robotaxi Late to October Release
Electric vehicle maker Tesla (US: TSLA) posted after-market results showing second-quarter profit fell 45% year-on-year to $1.478 billion (U.S. dollars). Adjusted earnings of $1.812 billion, down 42% year-on-year, and adjusted earnings of 52 cents per share, lower than expected 65 cents. The company said artificial intelligence projects led to increased operating expenses, along with restructuring costs, dragging down profits.
Revenue for the period was $25.55 billion, up 2.3% year-on-year. Meanwhile, EV sales revenue fell 7% to nearly $19.9 billion, falling for two consecutive quarters. More than 44.3 electric vehicles were delivered during the period, down 5% from the same period last year.
Second-quarter gross profit reported 18% and analysts expected 17.4%; free cash flow (FCF) recorded $1.34 billion, with analysts estimating $1.92 billion. The company said it will produce new vehicles as planned in the first half of this year, and expects this year's sales growth rate may be significantly lower than last year.
Chief Executive Musk said the release date for the company's Robotaxi taxi would be delayed until October, and said it would adjust its import strategy from China to Europe in response to an EU investigation and was confident that Europe would impose lower tariffs on Chinese-made cars. Musk says US government canceling subsidies for electric cars will do little harm to Tesla, but will help in the long run
Electric vehicle maker Tesla (US: TSLA) posted after-market results showing second-quarter profit fell 45% year-on-year to $1.478 billion (U.S. dollars). Adjusted earnings of $1.812 billion, down 42% year-on-year, and adjusted earnings of 52 cents per share, lower than expected 65 cents. The company said artificial intelligence projects led to increased operating expenses, along with restructuring costs, dragging down profits.
Revenue for the period was $25.55 billion, up 2.3% year-on-year. Meanwhile, EV sales revenue fell 7% to nearly $19.9 billion, falling for two consecutive quarters. More than 44.3 electric vehicles were delivered during the period, down 5% from the same period last year.
Second-quarter gross profit reported 18% and analysts expected 17.4%; free cash flow (FCF) recorded $1.34 billion, with analysts estimating $1.92 billion. The company said it will produce new vehicles as planned in the first half of this year, and expects this year's sales growth rate may be significantly lower than last year.
Chief Executive Musk said the release date for the company's Robotaxi taxi would be delayed until October, and said it would adjust its import strategy from China to Europe in response to an EU investigation and was confident that Europe would impose lower tariffs on Chinese-made cars. Musk says US government canceling subsidies for electric cars will do little harm to Tesla, but will help in the long run
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$Hang Seng Index(800000.HK$ CHINA|WANG WENTAO: “MITIGATION” OF FOREIGN INVESTMENT ENTRY AND “ADDITION” TO OPTIMIZE THE BUSINESS ENVIRONMENT
Minister of Commerce Wang Wentao met with a delegation led by Chairman of the Board of Directors of the China-China Trade Commission.
WANG WENTAO SAID THAT THE TWENTY-THIRD CHINESE GENERAL MEETING OF THE CHINESE COMMUNIST PARTY, WHICH HAS JUST CLOSED, WILL DEPLOY SYSTEMS TO FURTHER DEEPEN REFORMS AND PROMOTE CHINESE-STYLE MODERNIZATION. A high level of socialist market economy is an important safeguard of Chinese-style modernisation. Openness is the hallmark of Chinese-style modernisation. The Chinese will stick to the basic policies of external open country, promote open reforms, build a new system of higher levels of open economy, “reduce” the entry of foreign investment and optimise the business environment of “Addition”. Companies from all countries, including US companies, are welcome to continue to deepen the Chinese market and share development opportunities.
Responding one by one to the specific concerns of US companies, Wang Wentao expressed his stance on issues such as national security borders in economic and trade areas, and the imposition of tariffs on the US and China. He stressed that US investment restrictions on China will seriously affect US companies' investment operations in China.
Minister of Commerce Wang Wentao met with a delegation led by Chairman of the Board of Directors of the China-China Trade Commission.
WANG WENTAO SAID THAT THE TWENTY-THIRD CHINESE GENERAL MEETING OF THE CHINESE COMMUNIST PARTY, WHICH HAS JUST CLOSED, WILL DEPLOY SYSTEMS TO FURTHER DEEPEN REFORMS AND PROMOTE CHINESE-STYLE MODERNIZATION. A high level of socialist market economy is an important safeguard of Chinese-style modernisation. Openness is the hallmark of Chinese-style modernisation. The Chinese will stick to the basic policies of external open country, promote open reforms, build a new system of higher levels of open economy, “reduce” the entry of foreign investment and optimise the business environment of “Addition”. Companies from all countries, including US companies, are welcome to continue to deepen the Chinese market and share development opportunities.
Responding one by one to the specific concerns of US companies, Wang Wentao expressed his stance on issues such as national security borders in economic and trade areas, and the imposition of tariffs on the US and China. He stressed that US investment restrictions on China will seriously affect US companies' investment operations in China.
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$CrowdStrike(CRWD.US$ 260 should be the support now. Dead cat bounce from here till the next time bomb explodes
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股勇者 OP 韩神陈 : Brother, don't waste time on stock trading in China... Everything is a foregone conclusion...