The three major US stock indices fell collectively, Pinduoduo’s share price rose more than 20%

Summary

On Thursday, East Coast Time, the three major US stock indices fell collectively. As of press time, the Dow is down 1.00%, the Nasdaq is down 0.38% and the S&P 500 is down 0.95%. In terms of individual shares, Pinduoduo’s share price increased by more than 20%, a record.

On Thursday, East Coast Time, the three major US stock indices fell collectively. At press time, the Dow is down 1.00%, the Nasdaq is down 0.38% and the S&P 500 is down 0.95%. In terms of individual actions,PinduoduoThe share price rose more than 20%, a record. In the news,PinduoduoPublish the financial report for the third quarter of 2020, show the financial reportthe companyRevenues in the third quarter exceeded 14.2 billion yuan,Year after yearAn 89% increase,Net profit466.4 million yuan, realizing the quarterly profit for the first time.

The following is the globalmarketSummary of important information:

　　Global macro

The president of the European Central Bank said that the economic stimulus measures are still mainly to buy debt and provide liquidity

United StatesPfizer(Pfizer) has developed a new corona vaccine with an efficacy of over 90%;Eli Lilly(Eli Lilly) A new corona antibody drug was also previously approved for sale by US regulators. The market hopes the outbreak will be controlled in the short term and will help the economy rid itself of the weakness. European Central Bank President Christine Lagarde said she is still facing the spread of the infection and the tightening of lockdown measures, due to the need to implement a new round of lockdown measures during the second wave of epidemics, the road to economic recovery is not easy and depends on the speed of the vaccine launch.

Negotiations on the future relationship between the UK and Europe will continue in Brussels next week

According to a BBC report of 11 November, negotiations on future relations between the UK and Europe will pass the deadline in mid-November and are expected to continue in Brussels next week.

Second “city block” influenced huge market demand often questioned, France cautiously regulates economic functioning

With the gradual implementation of the second “city closure” measure, the French economy will be hit again.Market demandIt will also be under pressure again for some time to come. Faced with the current complicated internal and external environment, the French government has adopted a more cautious policy.attitude, Real-time monitoring and control of the entire economic operation.

See the world: Australia explores central bank digital currency

The commonwealth of AustraliabankHe recently published an article that Australia reservesbankHe has announced that it will work with Australian citizensbank, Commonwealth Bank of Australia eBlockchainThe technology companies (Perpetual and ConsenSys Software) collaborate to explore the Bank of AustralialoanHelp distributed ledger technology launch central bank digitalcurrency, The focus is on exploring the potential use and impact of central bank digital currencies.

　　US stocks in the spotlight

US tech stocks are back! Goldman Sachs, JP Morgan: S&P 500 Index Will Increase Another 25%

　　JP MorganEquity strategists expect the S&P 500 Index to exceed its previous target by the end of the yearprice3600 points are expected to reach 4000 points at the beginning of next year and could increase further to 4500 points before the end of 2021. This means that the S&P 500 will increase by more than 25% in the next year.

JP Morgan Chase: Value stocks are about to “flip” and are expected to continue to rise

　　JP MorganStrategists believe it is underperformingGrowth stockPerennialShares of valueSalty fish is expected to turn over and there will be a longer lasting increase.

Sun Zhengyi has something else! Betting on a whopping 9 billion loss in tech stocks

On November 10, Sun Zhengyi’s SoftBank Group financial report showed that as of the fiscal second quarter of September, the companyinvestment“Cause 131.7 billion yen (about 1.3 billion US dollars, almost 9 billionRMB)ofLost。

　　US public company

Operation of God! Pfizer’s release of vaccines is a big plus for the company’s high-level group that sells 176,000 shares on the same day

US stock exchangeCommitteeThe (SEC) documents released a few days ago prove thisPfizerAlbert Bourla CEO and executivevice presidentSally Susman sold 132,508 shares and 43,662 shares of the company at a price of $ 41.94 on the day of the release of the successful vaccine news (November 9), for a total of 176,170 shares, for a total value of approximately 7.3886 million. dollars.

Preparing for bankruptcy The share price of a well-known cosmetics giant has suddenly risen

Yesterday, it was reported that well-known cosmetics companiesRevlon(Revlon) partnered with a finance company forComplaintsPeople don’t accept oneReorganizationUnder the proposed circumstances, it can prepare for failure.

Double 11 ends with incredible purchasing power! Tmall 498.2 billion, JD 271.5 billion, Xiaomi are also big winners

If you start prepayment on some platforms on October 21stTo depositCounting from the date, to November 11, this year’s Double 11 lasted 22 days, which is the largest Double 11 shopping festival in history. Consumers are buying well, and “the last money person” has become a popular buzzword, and various e-commerce companies have also competed with each other and after the early hours of this morning they posted their double 11 results.

Huya Douyu announced the first financial report after the merger, the difference in net profit between the two companies exceeded 3 times

November 11, the game’s live broadcast platformFighting fish、HuyaIt announced its financial data for the third quarter of 2020relationship,this isFighting fish、HuyaThe first financial report after the announcement of the merger. The data shows that in terms of user scale,Fighting fishMonthly live broadcasts (MAUs) and monthly mobile live accounts were 194 million and 59.6 million respectively.HuyaMonthly live streaming and monthly mobile live streaming were 172.9 million and 74.2 million respectively.

(Article source:Eastern wealthResearch Center)

(Responsible publisher: DF353)