No Data
No Data
Financial Morning News: The central bank has once again tightened the offshore market's renminbi liquidity. The amount of A-share buybacks this year has exceeded that of 2023.
New explosive policy in real estate! Government acquisition range expanded to county-level cities, experts say it can achieve a four-in-one effect. On June 20th, the Ministry of Housing and Urban-Rural Development held a video conference on the acquisition of existing commodity housing for use as affordable housing. At the meeting, the Ministry of Housing and Urban-Rural Development clearly stated that all regions should promote the effective acquisition of existing commodity houses for use as affordable housing in counties and cities above the county level. The Ministry of Housing and Urban-Rural Development stated that based on the local real estate market conditions, comprehensive consideration should be given to factors such as the actual demand for affordable housing, the inventory level of the commodity housing market, etc., in accordance with the principle of 'government leadership, market-oriented operation'.
What's Going On With Affirm Stock Thursday?
Affirm Holdings, Inc's (NASDAQ:AFRM) stock lost 17% this week as reports indicated Apple Inc (NASDAQ:AAPL) plans to dump its Apple Pay Later service. The company is trading lower by over 2% at last ch
Market Chatter: US Bank Regulators at Odds Over 'Basel Endgame' Reproposal
The Federal Reserve is considering reproposing the "Basel endgame" rule, which seeks to further increase bank capital requirements, after receiving vigorous pushback from Wall Street, while the Federa
US Bank Regulators at Odds Over Rules on Capital Hikes, Reuters Reports
07:34 AM EDT, 06/20/2024 (MT Newswires) -- US Bank Regulators at Odds Over Rules on Capital Hikes, Reuters Reports Price: 197.38, Change: +0.38, Percent Change: +0.19
Goldman Sachs: rated 'buy' for China Res Beer with a target price of HKD 51.
Goldman Sachs released a research report stating that China Res Beer (00291) has a "buy" rating and is included in the "conviction buy" list, with a target price of HK$51. The report stated that the sales increased more than 30% year-on-year from January to May after meeting with the senior management of Golden Sand Liquor, a subsidiary of China Res Beer, slightly lower than the existing target of 40% annual growth in 2024. The company prioritizes retail sales, opening rate, and channel inventory management to stabilize wholesale prices in 2024. The Bank stated that the wholesale price of sauce-flavored baijiu is basically stable from an industry perspective, and the downward cycle may bottom out, with the industry as a whole expected to stabilize by the end of 2024.
Goldman Sachs: Maintains Neutral rating on Sunny Optical, target price of HKD 65.
Goldman Sachs released a research report, maintaining neutral rating on Sunny Optical Technology (02382) with a target price of HKD 65. The company held the 2024 Investor Day, mainly discussing the recovery of demand for intelligent smartphone lenses, the upgrading of automotive lens specifications and pricing pressure, and the impact of AI on the optical industry. Overall, the bank pointed out that Sunny Optical Technology expects a moderate recovery in global smartphone shipments in 2024 (+3.5% YoY), and is bullish on the growth driven by the improvement of the company's product portfolio and customer combination. As the specifications of in-car cameras continue to upgrade, the demand keeps growing. The company is striving to meet the needs of the automotive industry.
MomentumPython1337 : i don't see the date for the goldman sachs data, is it up to date?
MomentumPython1337 : there was an outflow in 5/27/24 for BoA figure, maybe it's that period
MomentumPython1337 : if i were to guess it's probably funds shifting money out of certain tech stocks into other tech stocks as part of rebalancing. so for that week they sold existing positions to get cash then next week bought new tech stocks.
maybe they're getting more pressure to sell less-performing tech stocks to buy more NVDA lol