Great Wisdom September 24th | The three major U.S. stock indexes collectively opened higher, with the Nasdaq up 0.4%, the S&P 500 up 0.16%, and the Dow up 0.06%. Multiple bullish news stimulated a surge in A-shares in HK, with Chinese concept stocks generally opening higher. Bilibili and Tencent Music both rose over 10%, while iQIYI, JD.com, Nio Inc, and ke holdings all rose over 8%. Netease, Alibaba, and PDD Holdings all rose over 5%. Chevron and Hess Corp rose over 1%. It was reported that the U.S. Federal Trade Commission will approve Chevron's $53 billion acquisition of Hess. Taiwan Semiconductor rose over 2.1%, with Morgan Stanley raising its target price for Taiwan Semiconductor's Taiwan shares to NT$1,280, reiterating a "shareholding" rating, making it the industry's top pick. Visa fell over 3.3%, as the U.S. Department of Justice plans to sue Visa, accusing it of illegally monopolizing the debit card market.
纳指高开0.4% 阿里巴巴、拼多多等中概股涨超5%
Nasdaq opened 0.4% higher, with Chinese concept stocks such as alibaba and pdd holdings rising more than 5%.
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