U.S. stocks opened higher, the Nasdaq rose 2.09%, and five Chinese companies planning to delist collectively closed down

　　China-Singapore Jingwei, August 13. On Friday, Eastern Time, the three major U.S. stock indexes opened higher and moved higher, and the S&P 500 rose for 4 consecutive weeks, the first time since November 2021.

　　Screenshot source: Wind

　　Specifically, the Dow rose 1.27% to 33761.05 points, the Nasdaq rose 2.09% to 13047.19 points, and the S&P 500 rose 1.73% to 4280.15 points.

　　On the news side, the US consumer price index (CPI) rose 8.5% year-on-year in July, and the US PPI (producer price index) rose 9.8% year-on-year in July, both lower than market expectations.

　　CCTV News reported on the evening of the 12th that the University of Michigan announced that the initial value of the US consumer confidence index in August was 55.1, slightly higher than the final value of 51.5 in July.

　　According to the "Wall Street Journal" report, economists at Bank of America Global Research said that this week's slowdown in inflation data may cause the Federal Reserve to raise interest rates by 0.5 percentage points in September.

　　Large U.S. technology stocks rose across the board, with Apple up 2.14%, Amazon up 2.07%, Netflix up 2.72%, Google up 2.39%, Facebook up 1.7%, and Microsoft up 1.7%.

　　U.S. bank stocks rose collectively, with JPMorgan Chase up 1.65%, Goldman Sachs up 0.6%, Citigroup up 0.69%, Morgan Stanley up 1.59%, Bank of America up 1.06%, and Wells Fargo up 1.51%.

　　U.S. airline stocks generally rose, Boeing rose 1.24%, American Airlines rose 1.73%, Delta Airlines rose 1.56%, and Southwest Airlines rose 1.26%.

　　In terms of popular Chinese concept stocks, Liantuo Biology rose 14.94%, Shell rose 9.03%, Golden Sun Education rose 8.49%, Bit Digital rose 8%, Douyu rose 5.04%; in terms of decline, Zhongyang Financial fell 28.1%, Zhifu fell 24.59%, Yueshang Group fell 20.24%, Studio City fell 16.5%, AMTD Digital fell 9.58%, and Daily Fresh fell 8.91%.

　　According to public media reports, Daily Youxian told reporters that it had submitted a rectification plan to the Beijing Consumers Association. Due to the company's business adjustment this time, it has caused a lot of inconvenience to users. Daily Youxian apologized and the company has set Special personnel and special posts are responsible for the follow-up processing of various problems, and actively solve the problems of user rights and interests.

　　Zhonggai new energy auto stocks were mixed, with Weilai Automobile up 1.34%, Xiaopeng Motors down 0.98%, and Ideal Auto down 0.67%.

　　It is worth mentioning that on the afternoon of the 12th, Beijing time, China Life Insurance, Sinopec, PetroChina, Aluminum Corporation of China, and Shanghai Petrochemical successively issued announcements to delist the company's American depositary shares from the New York Stock Exchange.

　　The China Securities Regulatory Commission said that both listing and delisting are the norm in the capital market.

According to relevant company announcements, these companies have strictly abided by the U.S. capital market rules and regulatory requirements since their listing in the United States, and the delisting choices were made out of their own business considerations.

These companies are listed in multiple places, and the securities listed in the United States account for a small proportion. The current delisting plan will not affect the company's continued use of domestic and foreign capital markets for financing and development.

　　Affected by the above news, Sinopec and other Chinese enterprises planning to delist collectively closed down, China Life Insurance closed down 1.53%, Sinopec closed down 1.76%, PetroChina closed down 1.67%, China Aluminum closed down 0.87%, and Shanghai Petrochemical closed down 1.43%.

　　The three major European stock indexes rose across the board.

The 100-stock average price index of the "Financial Times" stock market in London, England, closed at 7500.89 points on the 12th, an increase of 0.47%; the CAC40 index of the French Paris stock market closed at 6553.86 points, an increase of 0.14%; the DAX index of the Frankfurt stock market in Germany closed at 13795.85 point, an increase of 0.74%.

　　The most active December gold futures price in the New York Mercantile Exchange gold futures market rose $8.3 from the previous trading day on the 12th to close at $1,815.5 an ounce, an increase of 0.46%.

Market analysts believe that the decline in U.S. Treasury yields is the main reason for the rise in gold prices on the day.

　　Oil prices fell in New York on the 12th, with New York light crude oil futures for September delivery down $2.25 to settle at $92.09 a barrel.

　　The dollar index rose on the 12th. As of late New York trading, the dollar index, which measures the greenback against six major currencies, rose 0.51% to 105.6310.

(Sino-Singapore Jingwei APP)

(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)