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DBS Bank Research: Raises target price for Anta Sports (02020.HK) from HK$89.90 to HK$91.40.Bank of Japan Deputy Governor Ryozo Himino: The Bank of Japan will consider the possibilities of its scenarios and risks, including the Middle East conflict, artificial intelligence demand, and the impact of foreign exchange, in order to determine the pace and timing of future interest rate hikes.Bank of Japan Deputy Governor Ryozo Himino: We will not comment on market expectations regarding a Bank of Japan interest rate hike.Mixue Group (02097.HK), a Hong Kong-listed company, saw its shares plummet in the afternoon, with the decline now widening to 10%.On August 27th, Voyah Automobile (07489.HK) released its interim results for the six months ended June 30, 2026. During the reporting period, domestic passenger vehicle sales reached 8.798 million units, a year-on-year decrease of 18.9%. Among them, sales of new energy passenger vehicles reached 4.557 million units, a year-on-year decrease of 14.1%. During the reporting period, cumulative deliveries reached 76,264 units, a year-on-year increase of 35.9%; total revenue was RMB 18.16 billion, an increase of 42.4% compared to the same period in 2025; gross profit was RMB 3.22 billion, an increase of 17.7% compared to the same period in 2025. Affected by rising raw material costs such as lithium carbonate and memory chips, the company recorded a net loss of RMB 390 million in the first half of 2026, a decline compared to the net profit recorded in the same period of 2025.

S&P 500 Breaks The Four-Day Losing Streak

Lorna Divakar

Dec 21, 2022 16:09



Following the sharp pullback, traders begin buying stocks, causing the S&P 500 to recover.


Following a significant drop, traders are continuing to purchase equities, pushing the S&P 500 towards session highs. Today's trading session saw a 0.2% increase in the NASDAQ Composite.


The BoJ's move to expand its authority over the yield curve is the day's key event. The BoJ raised the limit on the yield on 10-year government bonds from 0.25% to 0.5%.


This choice resulted in a significant decline in the USD/JPY exchange rate and the price of Japanese government bonds. The BoJ judgment had an effect on other nations as well, as rates rose in numerous markets.


The yield on 10-year Treasuries in the United States increased approaching 3.70%, which was negative for yield-sensitive tech companies, even if they managed to advance in today's trading session.


Traders are still concerned that Elon Musk's concentration on Twitter would harm Tesla, which is why Tesla is the largest decline in the S&P 500 today. Tesla shares received little help from recent claims that Elon Musk was actively looking for a new Twitter CEO.


Despite exceeding analyst sales and profit projections, General Mills is down 4%. It seems that traders had larger expectations than predicted by experts.


Stocks of basic materials increased today as precious metals markets saw solid support.

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