On Monday Eastern Time, the three major US stock indices collectively closed down. As of the close, the Nasdaq fell 0.62%, the S&P 500 index fell 0.61%, and the Dow Jones Industrial Average fell 0.54%.
The Nasdaq China Golden Dragon Index closed up 8.54%, with popular Chinese concept stocks collectively surging. Tiger Securities rose over 26%, Futu Holdings rose over 17%, Bilibili rose over 21%, NIO and Xiaopeng Motors rose over 12%, iQiyi rose over 11%, JD.com rose 11%, Pinduoduo and NetEase rose over 10%, and Alibaba, Baidu, and Ideal Auto rose over 7%. Fangduoduo hit the circuit breaker multiple times during trading, and ultimately closed up 52.14%. The FTSE China ETF has risen nearly 24% with a 3-fold long position.
Nvidia closed down more than 2%. According to news reports, the State Administration for Market Regulation has recently launched an investigation into Nvidia for suspected violations of the Anti Monopoly Law of the People's Republic of China and the Anti Monopoly Review Decision of the State Administration for Market Regulation on the Approval of Nvidia's Acquisition of the Equity of Melos Technology Co., Ltd. with Additional Restrictive Conditions.
Gold and silver mining stocks rose across the board, affected by the sudden change in the Syrian political situation. International precious metal prices rose, with Koldaeron Mining rising more than 7%, Hekla Mining and Harmony Gold rising more than 6%, and Pan American Silver rising more than 5%.
Global News
Politburo meeting: Implement more proactive macro policies, expand domestic demand, stabilize the real estate and stock markets
The Political Bureau of the Central Committee of the Communist Party of China held a meeting on December 9th, emphasizing that in order to do a good job in next year's economic work, we need to further deepen reforms comprehensively, expand high-level opening up to the outside world, build a modern industrial system, better coordinate development and security, implement more proactive macro policies, expand domestic demand, promote the integration of scientific and technological innovation and industrial innovation, and stabilize the real estate and stock markets.
Nvidia is suspected of violating the Anti Monopoly Law. The State Administration for Market Regulation has decided to initiate an investigation in accordance with the law
Recently, due to suspected violations of the Anti Monopoly Law of the People's Republic of China and the Announcement of the State Administration for Market Regulation on the Anti Monopoly Review Decision on the Approval of NVIDIA's Acquisition of the Equity of Mailuosi Technology Co., Ltd. with Additional Restrictive Conditions (Announcement [2020] No. 16 of the State Administration for Market Regulation), the State Administration for Market Regulation has launched an investigation into NVIDIA in accordance with the law.
Buy one hand of stocks and get one year of free phone bills. Japanese listed company rewards shareholders, sparking the largest increase in nearly three months
Faced with the temptation of "buying one share and giving away one year's telephone bill", Japanese retail investors flocked to buy shares of Rakuten Group, an Internet platform company, on Monday.
The rapid legislative failure of the US biosafety bill, but Chinese biopharmaceutical companies cannot be considered winners yet
On December 7th local time, the US Senate and House Armed Services Committees released the text of the 2025 National Defense Authorization Act (NDAA), which was finally negotiated by the committees of both houses.
Since Trump's election victory, the inflow of Bitcoin ETFs in the United States has approached $10 billion
According to relevant data, since Trump was elected as the President of the United States, US exchange traded funds (ETFs) that invest directly in Bitcoin have attracted nearly $10 billion in capital inflows, and people are betting that Trump's embrace of the cryptocurrency industry will herald market prosperity. The 12 funds launched by issuers including BlackRock Inc. and Fidelity Investments have accumulated a net inflow of approximately $9.9 billion, bringing their total assets to approximately $113 billion.
Zuckerberg's Big Shot! Plan to invest $10 billion to build an AI data center
Artificial intelligence is coming with an unstoppable trend. As one of the American tech giants, Zuckerberg's Meta is advancing its artificial intelligence (AI) strategy for businesses by launching an internal productivity tool called Metamate. This tool is based on Meta's large language model Llama and is designed specifically for tasks such as encoding, researching, and drafting communication for internal and external use.
The Bank of Japan has made a "rare" activity arrangement: indicating that it may face interest rate hikes in January next year?
On Monday (December 9th) local time, the Bank of Japan announced that its Deputy Governor Ryozo Himino will give a speech to local business leaders in Yokohama on January 14th, 2025, followed by a press conference.
Apple Vision Pro is preparing to make up for strategic shortcomings: borrowing Sony VR controllers to use
As the sales of Vision Pro, which carries Apple's vision of "spatial computing," have cooled down, companies that realize the problem are also trying to change the situation.