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03/09/2025

On Tuesday, the three major U.S. stock indexes closed lower with the Dow Jones falling 0.55%, the Nasdaq dropping 0.82%, and the S&P 500 index declining 0.69%. The U.S. Court of Appeals ruled that the majority of Trump's global tariffs were illegal, and the uncertainty caused by this ruling put pressure on U.S. stocks. Large tech stocks, including NVIDIA, Apple, Amazon, TSMC, and Tesla, fell by over 1%, while Microsoft, Google, Meta, and others experienced slight declines.

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According to Every AI, Huatai Securities released a research report on September 3 giving Huafu Fashion (002042.SZ) a rating of "accumulate. The main reasons for the rating include: 1) stable growth in the main yarn business, actively reducing the supply chain business of cotton at the front end; 2) intensified competition in domestic and foreign markets, short-term pressure on profitability; 3) entering the field of intelligent computing power, continue to explore the application of textile + artificial intelligence. (Daily Economic News)

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Hong Kong Stock Anomalies | Yongda Automobile (03669.HK) rises more than 8% in early trading. Contrary to the trend, the new energy business is growing. The company focuses on new energy transformation and strategic upgrades.

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Carrying the historical glory, the flag formation consisting of 80 anti-Japanese war heroes' honor flags accepts the review.

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According to an AI fast news report, on September 2nd, Shanxi Securities released a research report giving a buy rating to Midea Group (000333.SZ). The main reasons for the rating include: 1) By sector: the new energy and industrial technology sector has the fastest growth rate; 2) By region: overseas achieved a high growth rate of 17.7%; 3) Cost reduction and increase in net profit margin. (Source: Daily Economic News)

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Peacekeeping troops formation: Chinese blue helmets, bearing the responsibility of a great power.

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