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Allianz's Subran on Higher-for-Longer Rates
Allianz Chief Economist Ludovic Subran discusses concerns about central banks staying hawkish for longer to fight inflation. He speaks with Dani Burger and Manus Cranny on "Bloomberg Brief."
US Dollar Emerges as Top Safe Haven; Golden Cross Signals Strength Ahead
The market has come to accept the new game rule of "higher for longer", leading to a "triple kill" scenario involving stocks, bonds, and commodities. In contrast, the US dollar has benefited from both high-interest rate support and safe-haven demand, leading to a strong surge.
Goodbye to a Rocky September: Is the Stock Market Poised for a "Golden October"?
We are approaching a seasonal pivot point in the stock market. Based on historical price patterns, stocks are likely to chug ahead in the fourth quarter, with the average returns for October and November being 1.45% and 1.75%, respectively.
Li Auto announced last June 28 that it would sell up to a total of USD2 billion in ADSs on Nasdaq in an ATM stock offering program.
Li Auto announced the early termination of a USD2 billion fundraising program announced last year, driving its shares higher in premarket trading Wed.
Li Auto terminated its at-the-market (ATM) share offering plan announced on June 28, 2022, effective immediately after the close of business on Sep 27.
According to the Haitong Securities Research Report, $XPENG-W(09868.HK)$ released 2024 Xiaopeng G9 and updated the company's progress in intelligent driving and energy supplementation systems at the press conference. The bank believes that the price centre of the new G9 can be lowered to 300,000 yuan, mainly due to the reduction in BOM costs brought about by its construction based on a support...
$XPENG-W(09868.HK)$ received a net purchase of HD$211 million. According to the news, Goldman Sachs said that the pricing of the new G9 is competitive and will be the driving force for growth in sales volume and gross margin in the fourth quarter. It raised Xpeng's sales forecast for the three-year period from 2023 to 2025 from 143,000, 247,000 and 381,000 units, respectively, to 156,000, 264,000 and ...