Let's take a look at what news happened today
First, BYD is good, and Wang Chuanfu proposed to repurchase A-shares for 200 million yuan
BYD broke the news!Wang Chuanfu proposed to repurchase part of the company's A shares for 200 million yuan for employee stock ownership, equity incentives or reduction of registered capital. The repurchase period is 12 months after the approval of the general meeting of shareholders. Wang Chuanfu has no plan to increase ** for the time being, and will actively promote the repurchase of shares. BYD's new energy vehicle production and sales reached a new high in November, and overseas markets continued to expand.
BYD accelerates the layout of overseas markets, considering the company's obvious advantages in product strength, judging that the company's export of new energy is expected to usher in rapid development, helping to accelerate the growth of sales, BYD's vertical integration of the first chain has obvious advantages, so it is optimistic that the company's technology-driven product power and brand power will continue to rise.
There are many large domestic manufacturers that have entered the new energy car, and they are all optimistic about the prospects, but the old man Warren Buffett is not optimistic about it now, Berkshire. Hathaway has been in the **Biya D Hong Kong stocks. The so-called new energy car is also a gimmick. Not all of the electricity used is produced from new sources.
Second, Moody's downgraded China's sovereign credit rating, and concerns are unwarranted
The Ministry of Finance responds to Moody's downgrade of China's sovereign credit rating: China's economy is shifting to high-quality development, new drivers are playing a role, and it has the ability to deepen reforms and respond to risks. Moody's concerns about China's economic growth and fiscal sustainability are unwarranted. China has the ability to continue to deepen reforms and respond to risks and challenges.
Moody's is playing the piano indiscriminately and irresponsibly. In the face of the absolute strength of China's economy, all conspiracies and tricks are bound to fail.
Third, the chairman of the board of directors was criminally detained on suspicion of insider trading
Cheng Lixin, chairman of tens of billions of ** Hengrun G, was criminally detained on suspicion of insider trading, and the general manager of the holding subsidiary is assisting in the investigation. On the evening of December 5, Hengrun announced that the company had not received any investigation or cooperation documents from the relevant authorities on the company. The company has made proper arrangements for related matters, and the company's production and operation are carried out in an orderly manner. The company said that it would continue to pay attention to the progress of the above matters and fulfill its information disclosure obligations in a timely manner in strict accordance with the provisions and requirements of relevant laws and regulations.
In the long run, this is the industrial direction encouraged by the state, and there are more opportunities to pay attention to low absorption and latent potential.
Fourth, Alibaba will pay an annual dividend of 18 billion yuan for the first time
Alibaba will pay its first annual dividend of about 18 billion yuan. The dividend is 0US$125 or 100 USD, paid in USD. The conversion between ordinary shares and American Depositary Shares will be suspended and trading will not be affected during the period. The estimated payment date is January 2024. Alibaba's financial report for the third quarter of 2023 showed that its operating income increased by 8% year-on-year5%, adjusted EBITA increased 18% year-on-year, and net profit attributable to ordinary shareholders turned around significantly year-on-year.
Market direction and sector opportunities
The major indexes tracked by the Wanglou market direction timing system are in the first or downward trend in the short, medium and long term, and investors need to be cautious. We are at 11On the 21st, it was already pointed out that ** has entered a downward trend.