$DiDi Global Inc(DIDIY.US)$ obtained approval from China’s cybersecurity regulator to resume new user registration for its ride-hailing service, the company said Monday, the latest sign that Beijing is easing its grip on its internet giants.
Didi is resuming new user registration on Monday, it said on its Weibo social-media account. That suggests Didi’s app will soon return to mobile app stores
source: Didi Wins Approval to Restart New User Registration for Ride-Hailing Service

$DiDi Global Inc(DIDIY.US)$ Finally DIDIY broke above $4 and it is extremely positive that it closed above 4 for the day. It would show great strength if it could close above 4 for the week also!

$DiDi Global Inc(DIDIY.US)$   This acceleration up is giving me a nose bleed.  unreal for a delisted company to outperform 99% of the market.  There must something brewing!

$Grab Holdings(GRAB.US)$ max pain for tomorrow is still $12! I'm loading up on dirt cheap 1dte calls. This short push is likely to cover some knowing MM will pull this up AH or tomorrow to reduce losses on puts they sold. Buckle up.

$Antero Midstream(AM.US)$
Go to follow through the channel upper bound. Next target price is $12.

$Antero Midstream(AM.US)$ will recover 1.00 by Friday. EPS beat estimates and oil and natural gas are still on the rise.

Weekly market recap
Stock futures held steady in overnight trading Sunday after the S&P 500 notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by fears of the omicron coronavirus variant.
$Dow Jones Industrial Average(.DJI.US)$ futures traded 35 points higher. $S&P 500 Index(.SPX.US)$ futures inched up 0.1% and $NASDAQ 100 Index(.NDX.US)$ futures were flat.
The overnight action followed a strong week on Wall Street as investors shrugged off a hot inflation reading. The blue-chip Dow gained 4% last week, breaking a four-week losing streak with its best weekly performance since March. The S&P 500 and the Nasdaq Composite jumped 3.8% and 3.6%, respectively, last week, both posting their best weekly performance since early February.
Investors digested a jump in headline inflation data, which came in at 6.8% in November year-over-year for the biggest surge since 1982. The print was marginally higher than the 6.7% Dow Jones estimate.
Here's a look at the return of S&P 500 sectors
This week ahead in focus
Investors this week are set to focus on the Federal Reserve's final monetary policy decision of 2021, which may include more signaling of a monetary policy adjustment amid elevated inflation and a strengthening economic backdrop.
Members of the Federal Open Market Committee are set to hold their two-day policy-setting meeting on Tuesday and Wednesday, after which they will release their monetary policy statement and hold a press conference with Federal Reserve Chair Jerome Powell. The December statement will also be accompanied by an updated Summary of Economic Projections — the first since September — outlining members' expectations for economic conditions and interest rates over the next few years.
Many economists now expect that this month's meeting will serve as the platform for Fed officials to increase the rate of tapering of their asset-purchase program. For more than a year-and-a-half during the pandemic, the Fed bought Treasuries and agency mortgage-backed securities (MBS) at a clip of $120 billion per month, with this program comprising a key tool in supporting the virus-stricken economy. Last month, the Fed began winding down this program, slowing its purchases by $15 billion per month in each of November and December as the economy showed signs that it could continue to recover from the pandemic without the added monetary policy support.
Retail sales
One key piece of economic data out this week will be November retail sales, offering a look at the strength of the consumer in the midst of the holiday shopping season.
Consensus economists are expecting to see retail sales rise by 0.8% in November compared to October, according to Bloomberg data. This would slow compared to October's 1.7% monthly increase, but still represent a fourth straight monthly increase.
"The gain should be supported by holiday sales with clothing showing the biggest sequential gain among major sectors," Bank of America economist Michelle Meyer estimated in a note on Friday. "That said, we do think the risks are skewed to the downside given the sizable upside surprise in October's sales."
The bigger-than-expected rise in retail sales in October stemmed from strength in a variety of categories. Non-store retailers, or e-commerce platforms, posted a 4% sales increase, while gasoline station sales and electronics and appliance stores saw sales grow 3.9% and 3.8%, respectively. Some economists suggested the monthly jump likely stemmed from consumers doing their holiday shopping earlier this year to try and get ahead of supply chain disruptions and shipping delays.
Other private data on consumption for November came in strong, further suggesting another solid monthly rise in retail sales. Adobe Analytics said in an update published Nov. 30 that consumers had already spent $109.8 billion online between Nov. 1 to Nov. 29, with this figure growing 11.9%, compared to last year.
Economic calendar
- Monday: No notable reports scheduled for release
- Tuesday: NFIB Small Business Optimism, November (98.4 expected, 98.2 in October); Producer Price Index (PPI), month-over-month, November (0.5% expected, 0.6% in October); PPI excluding food and energy, month-over-month, November (0.4% expected, 0.4% in October); PPI year-over-year, November (9.2% expected, 8.6% in October); PPI excluding food and energy, year-over-year, November (6.8% expected, 6.8% in October)
- Wednesday: MBA Mortgage Applications, week ended Dec. 10 (2.0% during prior week); Retail sales excluding autos and gas, month-over-month, November (0.8% expected, 1.4% in October); Import price index, month-over-month, November (0.8% expected, 1.2% in October); Business Inventories, October (1.0% expected, 0.7% in September); NAHB Housing Market Index, December (84 expected, 83 in November); FOMC Rate Decision
- Thursday: Initial jobless claims, week ended Dec. 11 (199,000 expected, 184,000 during prior week); Continuing claims, week ended Dec. 4 (1.992 million during prior week); Housing starts, month-over-month, November (3.3% expected, -0.7% in October); Building permits, month-over-month, November (0.4% expected, 4.2% in October); Philadelphia Fed Business Outlook Index, December (30.0 expected, 39.0 in November); Industrial Production, month-over-month, November (0.7% expected, 1.6% in October); Capacity Utilization, November (76.8% expected, 76.4% in October); Manufacturing Production, November (0.7% expected, 1.2% in October); Markit U.S. Manufacturing PMI, December preliminary (58.5 expected, 58.3 in November); Markit U.S. Composite PMI, December preliminary (57.2 in November); Markit U.S. Services PMI, December preliminary (58.0 in November); Kansas City Federal Reserve Manufacturing Activity, December (24 in November)
- Friday: No notable reports scheduled for release
Earnings calendar
- Monday: No notable reports scheduled for release
- Tuesday: No notable reports scheduled for release
- Wednesday: $Lennar Corp(LEN.US)$ after market close
- Thursday: $Adobe(ADBE.US)$, $FedEx(FDX.US)$, $Rivian Automotive(RIVN.US)$ after market close
- Friday: $Darden Restaurants(DRI.US)$ before market open
Source: CNBC, jhinvestments, Yahoo Finance

Currently, there is a lot of fear, uncertainty and doubt over the series of current and potential regulatory actions in China. Undoubtedly this presents a buying opportunity as many Chinese stocks are at a historically steep discount but until the situation clears up which can take a few years, I think it is risky for value investors to open positions in Chinese stocks. The fallout from the Evergrande saga is another threat on the horizon. Short term traders and options traders should be able to find opportunities to make profits regardless.
$DiDi Global (Delisted)(DIDI.US)$  $PING AN INSURANCE(PNGAY.US)$  $TAL Education(TAL.US)$  $New Oriental(EDU.US)$  $Bilibili(BILI.US)$  $Baidu(BIDU.US)$  $Weibo(WB.US)$  $CHINA EVERGRANDE GROUP(EGRNF.US)$  $PDD Holdings(PDD.US)$  $JD.com(JD.US)$  $Alibaba(BABA.US)$  $NIO Inc(NIO.US)$  $XPeng(XPEV.US)$  $Meituan(ADR)(MPNGF.US)$  $BYD Co.(BYDDF.US)$ 
Disclaimer: The above is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor before making any investment decision.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2

Frankly, it’s not a easy question to answer. I am still optimistic (cautiously optimistic) about Chinese stocks. I do have a number of Chinese stocks which are under water which I’m still holding e.g $Alibaba(BABA.US)$  $Bilibili(BILI.US)$  $Futu Holdings Ltd(FUTU.US)$ will wait and see for a while as the risk of constant regulatory change is real 😔. The proposed delisting of $DiDi Global (Delisted)(DIDI.US)$ had sent shockwaves through the market and investors are jittery. The Ride hailing company has assured in a statement on 2 Dec that it will ensure that the US stocks are convertible to freely tradable shares on another recognised stock exchange. That has helped calm the market somewhat but the apprehension on Chinese stocks is there.
I think some of the Chinese stocks are currently at good valuations and can be considered for long term play 😊.

$DiDi Global (Delisted)(DIDI.US)$ Several hedge funds may have been bruised by bets on Didi Global Inc, filings showed after the shares tumbled since the Chinese ride-hailing company announced plans to withdraw from the New York Stock Exchange.
Didi’s shares have tumbled 56.8% from their June 30 IPO price. The slide accelerated after the company said on Friday it planned to delist from the New York Stock Exchange and pursue a listing in Hong Kong, bending to Chinese regulators angered by its U.S. debut.
Hedge funds were invested in 94.4 million shares of Didi at the end of September, down 13.2 million shares from the previous quarter, according to U.S. 13F filings compiled by industry tracker Symmetric.
It is not known if hedge funds had further reduced their investment since that time, but Reuters calculations show the 7.9% fall in Didi’s shares between the end of September and Dec. 7 would have wiped a combined $60.9 million of value from those positions.
Part of the content is taken from Yahoo.