Market Insights: Jan 25th, 2024

Chinese Market and Is it true to make money in foreign exchangePolicy

1. A-share Market: The Shanghai Composite Index increased by more than 1%, while the Shenzhen Component Index fell by 0.25%, and the ChiNext Index declined by 1.06%. The sectors of A-shares that lead the gains include Shanghai state-owned enterprise reforms, Chinese branded companies, real estate, and coal, whereas tourism, photovoltaic, internet e-commerce, and household light industry sectors led the losses.
2. People's Bank of China Operations: The People's Bank of China carried out a 7-day reverse repo operation worth 466 billion yuan, with a net injection of 366 billion yuan.
3. China Securities Regulatory Commission Policies: The China Securities Regulatory Commission announced a series of measures aimed at creating an investor-centric capital market.
4. LPR Adjustment Expectations: The financial market anticipates an adjustment of the Loan Prime Rate (LPR) next Monday.

International Markets and Economy

1. U.S. Stock Performance: Major U.S. stock indices closed mixed, with the Nasdaq Composite Index up by 0.43%, and the S&P 500 Index up by 0.29%.
2. Global Markets: Both WTI and Brent crude oil futures saw a slight decline. Gold and silver futures closed higher.
3. Bank of Canada Meeting: The Bank of Canada will hold its first policy meeting in 2024, and the market expects a focus on discussions about interest rate cuts.
4. Federal Reserve Officials' Speech: The possibility of "ending rate hikes" was mentioned, sparking market attention.

Technology and Innovation

1. Tesla Cars: Musk announced Tesla's goal to launch a next-generation vehicle by the end of 2025, with a price tag of $25,000.
2. Tesla Earnings Report: Tesla's fourth-quarter earnings report fell short of expectations, with a warning of slower growth in 2024.
3. AMD New Drivers: AMD released new drivers, including AFMF frame insertion technology, supporting DX11/12 games.
4. SK Hynix Profits: SK Hynix reported its fourth-quarter earnings, with the demand for HBM3 products increasing more than five times, and the development of HBM4 underway.

Business and Investment

1. R3 Corporate Milestone: R3 announced the launch of a new digital solution and appointed Kate Karimson as Chief Business Officer.
2. SPAC Regulations Strengthened: The U.S. Securities and Exchange Commission implemented a set of comprehensive rules focusing on enhancing the disclosure of information about target companies.
3. Nexo AG Arbitration Claim: Nexo AG filed an arbitration claim against Bulgaria for over 3 billion dollars.
4. Collaboration between Commonwealth Bank of Australia and Travelex to Restore Foreign Exchange Cash Services: Travelex has partnered with Australia's largest bank, the Commonwealth Bank of Australia, to relaunch its online foreign exchange (FX) cash services.
5. Paramount Global Stock Price Increase: David Ellison's preliminary acquisition offer to National Amusements caused Paramount Global's share price to rise in after-hours trading.
6. 24/7 Wall St. Recommends Low-priced Stocks: Identifies small market capitalization companies that may bring long-term returns for investors.

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.

Very good!（393）