GMT EIGHT - OPPORTUNITIES IN CHINA

The Federal Reserve's interest rate cut failed to stop the sell-off in the bond market, with key yields spiking to highlight policy divisions.

Federal Reserve Chairman Powell refuted the bets made by bond traders, who predicted that the Fed would prevent the stagnation of the U.S. economy by implementing a series of aggressive interest rate cuts.

Targeting the youth market! Eli Lilly (LLY.US) Mounjaro study shows significant results, impacting the qualification for the first children's GLP-1 glucose-lowering drug.

Under the umbrella of Lilly, the diabetes drug Mounjaro has shown promising results in a study, helping children as young as 10 years old control blood sugar and lose weight. This study may provide doctors with a new tool to combat childhood diabetes.

HK Bull/Bear Outstanding Qty Ratio(58:42) | September 18th

As of September 18, the latest bull-bear ratio of the Hang Seng Index is 58:42.

Overnight US stocks | Emphasis on employment risks, the Federal Reserve cuts interest rates by 25 basis points, with most major indices closing lower. Baidu Inc Sponsored ADR Class A (BIDU.US) rose by over 11%.

As of the close, the Dow rose 260.42 points, up 0.57%, at 46,018.32 points; the Nasdaq fell 72.63 points, down 0.33%, at 22,261.33 points; the S&P 500 index fell 6.41 points, down 0.10%, at 6,600.35 points.

The Federal Reserve announced a 25 basis point rate cut as scheduled. The dot plot indicates that there may be two more rate cuts this year.

The Fed announced on Wednesday that it will lower the federal funds rate target range by 25 basis points to 4.00%-4.25%, a move in line with market expectations.

Powell called this rate cut a risk management decision. The policy focus has shifted from inflation to employment.

After the Federal Reserve announced its latest interest rate decision, Chairman Powell stated at a press conference that this move is a "risk management" rate cut.

The Bank of Canada announces a 25 basis point rate cut in response to tariff impacts. Uncertainty remains regarding future policy paths.

The Bank of Canada announced on Wednesday at its interest rate meeting that it would cut the overnight rate by 25 basis points to 2.5%, marking the first rate cut since March of this year.

US Stock Market Move | Ticketing transaction platform Stubhub (STUB.US) debuts on the US stock market with an opening price of $24.96.

Ticket exchange platform Stubhub debuted at $24.96 on its first day of trading in the United States IPO.

US Stock Market Move | WaterBridge Infrastructure (WBI.US) debuts on the US stock market with an opening increase of over 18%.

The opening stock price rose by more than 18%, reaching $23.655 per share.

US Stock Market Move | Most new energy vehicle stocks are on the rise, with Lucid Group (LCID.US) up more than 8%.

Most new energy vehicle stocks are on the rise, as of the time of writing, Lucid Group is up more than 8%.

Meta's annual Connect conference will release AI smart glasses. Zuckerberg is betting big on the smart hardware track.

Meta plans to launch a brand new generation of augmented reality (AR) smart glasses powered by artificial intelligence (AI) technology at the annual Connect conference on Wednesday.

US Stock Market Move | Hot Chinese concept stocks are strong, Niu Technologies Sponsored ADR Class A (NIU.US) rose more than 6%.

On Wednesday, popular Chinese concept stocks showed strength in intraday trading, with the Nasdaq Golden Dragon China Index rising by 2%. Baidu (BIDU.US) and Niu Electric (NIU.US) both rose by over 6%.

US Stock Market Move | Plug Power Inc. (PLUG.US) rose more than 9.8%, with a total market value exceeding $2.1 billion.

As of the press release, the stock has risen more than 9.8%, to $1.84.

US Stock Market Move | Alibaba Group Holding Limited Sponsored ADR (BABA.US) rose more than 2% Goldman Sachs Group, Inc.: Full-stack cloud vendors are welcoming new growth opportunities

On Wednesday, Alibaba (BABA.US) rose more than 2% to $166.10.

US Stock Market Move | Chip stocks are generally falling, with NVIDIA Corporation (NVDA.US) dropping more than 2.5%.

Chip stocks are generally falling, as of press time, the Philadelphia Semiconductor Index has fallen by 0.36%.

Evening hot topics in A shares: Alibaba lays out smart driving, Ning Wang's financing balance soared.

On September 17th, Hello announced that its Robotaxi business has obtained a strategic investment from the Alibaba Group.

US Stock Market Move | NIO Inc. Sponsored ADR Class A(NIO.US) rose by more than 3%, successfully completing a $1.16 billion financing.

On Wednesday, Nio (NIO.US) rose more than 3%, closing at $7.27.

US Stock Market Move | Partial encryption currency concept stocks short-term rise/Bullish (BLSH.US) rose more than 4%

According to foreign media reports, the UK and the US will announce a closer collaboration in the field of encrypted digital currency.

US Stock Market Move | KINGSOFT CLOUD (KC.US) increased by 6%, performance exceeded expectations, and institutions are optimistic about it.

On Wednesday, Kingsoft Cloud (KC.US) rose by 6% to $17.03.

US Stock Market Move | Opendoor Technologies' stock price once surpassed $10, and they plan to expand their product and service range in the coming weeks.

As of press time, the stock has risen more than 11%, trading at $9.96.

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The new smart glasses from Meta, priced at $800, are likely to become the focus of the Connect conference.

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Meta is expected to launch its first consumer smart glasses with a built-in display screen this Wednesday to continue the momentum of its Ray-Ban series. The Ray-Ban series has been a hot consumer trend in the early days of the artificial intelligence era. Analysts suggest that these new glasses may be named "Celeste" and come with Meta's first gesture control wristband. However, the expected price of $800 may deter some buyers. Reports suggest that these glasses may bear the Prada stamp. The event is scheduled to start at 5 pm Pacific Time (8 pm Eastern Time). These glasses are expected to feature a small digital display screen on the right lens for basic tasks like notifications and also include functionalities found in existing Ray-Ban and Oakley smart glasses such as AI assistants, cameras, hands-free controls, and live streaming to social media platforms including Instagram.

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