Us stock signals free

Temu, the overseas e-commerce platform of PDD Holdings Inc. (PDD.US)      , officially expanded its retail export business to the Tianjin Port Free Trade Zone recently, according to Chinese media.

The proposed US Biosecure Act restricting business with Chinese biotech companies such as WUXI APPTEC (02359.HK)  +1.700 (+4.462%)    Short selling $110.00M; Ratio 7.958%   has been revised, delaying the deadline to sever ties. The news stimulated WUXI APPTEC to open rocketing 14.96% today, gapping up through the 50MA. It trades now at $41.95, surging 10.1%, with a volume of 3.4575 million shares, involving a capital of $150 million.

It is reported that the US may increase its tariffs on Chinese electric vehicles. Fu Bingfeng, executive vice president and secretary general of the China Association of Automobile Manufacturers (CAAM), argued that trade protectionism and isolationism should not be allowed to become the theme of the NEV industry. The automobile manufacturing industry is a highly globalised industry, which requires a global vision and open-mindedness in order to promote the healthy development of the industry, he commented.

The share prices in Chinese Internet sector surged by a total of 15% YTD, Goldman Sachs released a research report saying. With TENCENT (00700.HK)  +7.200 (+1.941%)    Short selling $845.93M; Ratio 10.947%   and BABA-SW (09988.HK)  +3.200 (+4.105%)    Short selling $653.21M; Ratio 10.287%   set to release results tomorrow, Goldman Sachs focused on a number of key figures from the results of the two companies mentioned above.

Japan, the US and Europe plan to crack down on the counterfeit goods issue, such as online cross-border trading of counterfeit designer brand goods, according to Kyodo News.

According to sources cited by Bloomberg, investors led by US investment firm Starwood Capital are considering a buyout of ESR (01821.HK)  0.000 (0.000%)   , and are discussing with minority shareholders to study their interest in accepting the privatisation offer. The formal announcement for such an offer would be made as soon as today (13 May). The source stressed that the discussions are still at a preliminary stage and no decision has been made yet.

Data released by the China Passenger Car Association (CPCA) showed that in April, the penetration rate of new energy vehicles (NEVs) among domestic brands was 66.8%. The rate among luxury cars was 22.6%, while that among mainstream joint venture brands was only 7.5%.

US initial jobless claims surged to an 8-month high of 231,000 last week, far exceeding expectations, and market expectations that the US Federal Reserve may accelerate interest rate cuts are heating up.

BEIGENE (06160.HK)  -0.050 (-0.050%)    Short selling $7.86M; Ratio 6.359%   's 1Q24 results beat expectations, CCBI issued a research report saying. The Company's net loss amounted to US$251 million during the period, representing an improvement from a loss of US$348 million in the same period of 2023.

The offer price of GEELY AUTO (00175.HK)  +0.020 (+0.203%)    Short selling $89.98M; Ratio 21.777%   's Zeekr was fixed at US$21 per ADS, which is the upper limit of the offer price, according to GEELY AUTO's announcement.