• Home
  • Categories
  • News
  • Community
Search
Search Rankings
Loading...
EN
Search
Search Rankings
Loading...
EN
Home
CategoriesNewsGlossaryCommunity
Contact Us
Social Media
Region
🌏International
Region
🌏International
Contact
Home
/
News
/
Market Insights: Jan 8th, 2024

Market Insights: Jan 8th, 2024

2024-01-08
Summary:Evergrande EV stocks halted; ICBC penalized for irregular transactions; U.S. Congress leaders agree on $1.66 trillion spending

Stock Market Updates:

  1. In the A-share market, sectors such as liquor and travel, photovoltaics, real estate, and retail lead in terms of gains, while chip, computing power, and AI sectors are among the top losers.
  2. The Shanghai Composite Index and Shenzhen Component Index both experienced a decline of over 1%, with the healthcare, semiconductor chips, defense, and consumer electronics sectors leading the losses.

Financial Sector:

  1. WIND Financial Terminal, a subsidiary of Wind Information, is currently undergoing emergency repairs due to a backbone network failure, resulting in login disruptions.
  2. Leaders of both parties in the U.S. Congress have reached a $1.66 trillion spending agreement aimed at avoiding a government shutdown. However, the deal may face opposition from conservative members of the far-right faction in the House of Representatives.
  3. The "Data Elements x" Three-Year Action Plan has been issued, expected to activate sectors such as industry, commerce, and finance.
  4. Industrial and Commercial Bank of China (ICBC) has been penalized for irregular transactions, with the Shanghai Stock Exchange implementing a six-month trading restriction on relevant securities accounts linked to the trading operator, Fujian Port Group.

Tech Companies Updates:

  1. Apple's new product, Vision Pro, has been shipped to distribution warehouses in the United States and is expected to be launched in the U.S. on January 27.
  2. Boeing encountered document processing issues during inspections, and investigators are searching for the missing components.
  3. The electric car business unit under China Evergrande Group announced a suspension of stock trading.

International Situation and Security:

  1. Chinese national security authorities recently uncovered a case involving the UK's Secret Intelligence Service (MI6) using third-country personnel for espionage activities against China.
  2. U.S. stock market futures showed a mixed trend after the first week of 2024, with major indices declining. Traders are currently focused on upcoming inflation data and the financial reports of key banks.
  3. Adjustments in oil prices by Saudi Arabia and ongoing tensions in the Middle East have led to a decrease in oil prices.

U.S. Treasury Bonds and Economic Concerns:

A yield of over 4% on the U.S. 10-year Treasury bond is considered a buying point, with the total national debt surpassing $34 trillion, sparking concerns about the economy.

Hong Kong Property Market:

The number of second-hand homes priced below HKD 3 million in Hong Kong has increased, with the total transaction volume in 2023 reaching a six-year high.

SKYPE 图

公众号4

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End
Previous
Next

Comments

0/1000

You Missed

Why are fewer and fewer people trading? Perhaps this article can provide you with the answer.

Why are fewer and fewer people trading? Perhaps this article can provide you with the answer.

According to data provided by brokers, 40% of traders give up trading after one month, and only 7% remain active after five years.

亚伦_TK_LOXmv
亚伦_TK_LOXmv
2024-06-04
Investment
Investment
2024-06-04
Major indices fell as AI surged but semiconductors dragged sentiment.

Major indices fell as AI surged but semiconductors dragged sentiment.

On November 15th, A-shares fell as AI gained, but semiconductors and photovoltaics plunged, with over 3,100 stocks declining.

2024-11-15
Stock price
Stock price
2024-11-15
Powell highlighted U.S. economic strength, noting cautious rate cuts; market reaction was mixed.

Powell highlighted U.S. economic strength, noting cautious rate cuts; market reaction was mixed.

Fed Chair Jerome Powell stated the strong U.S. economy allows for a measured pace in adjusting interest rates, pressuring the stock market to decline while Treasury yields rise.

2024-11-15
Stock Market Volatility
Stock Market Volatility
2024-11-15
What is Hoarding and Profiteering? Five Questions about Hoarding and Profiteering You Need to Know

What is Hoarding and Profiteering? Five Questions about Hoarding and Profiteering You Need to Know

Hoarding is stockpiling goods to inflate prices for profit, seen in commodity markets, especially with essential products, driven by greed.

TraderKnows
TraderKnows
2024-04-30
2024-04-30
Australian Strikes Tear Through the Calm Facade of the Liquefied Gas Market

Australian Strikes Tear Through the Calm Facade of the Liquefied Gas Market

If no agreement is reached or hints of supply threats arise, it could panic the market. This reminds us that after last year's LNG price surge, any tension could cause significant price fluctuations.

TraderKnows
TraderKnows
2024-05-06
New York Mercantile Exchange
New York Mercantile Exchange
2024-05-06

Wiki

Forex Margin Trading

Forex margin trading, also known as forex leverage trading or forex trading, is a form of financial derivative trading that involves buying and selling contracts for different currency pairs in the forex market.

Recent Post

Substantial progress made in China-U.S. trade talks.

19 minutes ago

Putin suddenly proposes "unconditional negotiations," Zelensky responds with conditions.

19 minutes ago

Easing US-China relations boost global stock markets

19 minutes ago

The China-US trade agreement and easing geopolitical risks lead to a decline in gold prices.

20 minutes ago

Japan insists on zero tariffs for exports to the United States.

20 minutes ago

The United States may maintain a 10% tariff for the long term.

20 minutes ago

Oil prices rise amid easing US-China tensions and supply uncertainties.

20 minutes ago

Trump plans to propose a drug price cap.

44 minutes ago

NVIDIA launches a downgraded version of the H20 chip to compete in the Chinese domestic market.

05-09

The Trump-Powell conflict intensifies, adjusting market expectations for an interest rate cut.

05-09

The Federal Reserve remains on hold, with the market expecting a rate cut in July.

05-09

Wage growth in Japan slowed in March, diminishing consumers' purchasing power.

05-09

Oil prices fell back after a rebound, with trade and geopolitical uncertainties still present.

05-09

The US Dollar Index surged by 1.03% as trade agreements bolstered confidence.

05-09

The United States and the United Kingdom have reached an agreement, details pending.

05-09

You Missed

Why are fewer and fewer people trading? Perhaps this article can provide you with the answer.

Why are fewer and fewer people trading? Perhaps this article can provide you with the answer.

According to data provided by brokers, 40% of traders give up trading after one month, and only 7% remain active after five years.

亚伦_TK_LOXmv
亚伦_TK_LOXmv
2024-06-04
Investment
Investment
2024-06-04
Major indices fell as AI surged but semiconductors dragged sentiment.

Major indices fell as AI surged but semiconductors dragged sentiment.

On November 15th, A-shares fell as AI gained, but semiconductors and photovoltaics plunged, with over 3,100 stocks declining.

2024-11-15
Stock price
Stock price
2024-11-15
Powell highlighted U.S. economic strength, noting cautious rate cuts; market reaction was mixed.

Powell highlighted U.S. economic strength, noting cautious rate cuts; market reaction was mixed.

Fed Chair Jerome Powell stated the strong U.S. economy allows for a measured pace in adjusting interest rates, pressuring the stock market to decline while Treasury yields rise.

2024-11-15
Stock Market Volatility
Stock Market Volatility
2024-11-15
What is Hoarding and Profiteering? Five Questions about Hoarding and Profiteering You Need to Know

What is Hoarding and Profiteering? Five Questions about Hoarding and Profiteering You Need to Know

Hoarding is stockpiling goods to inflate prices for profit, seen in commodity markets, especially with essential products, driven by greed.

TraderKnows
TraderKnows
2024-04-30
2024-04-30
Australian Strikes Tear Through the Calm Facade of the Liquefied Gas Market

Australian Strikes Tear Through the Calm Facade of the Liquefied Gas Market

If no agreement is reached or hints of supply threats arise, it could panic the market. This reminds us that after last year's LNG price surge, any tension could cause significant price fluctuations.

TraderKnows
TraderKnows
2024-05-06
New York Mercantile Exchange
New York Mercantile Exchange
2024-05-06

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.