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Is Dingdong (Cayman) Limited's (NYSE:DDL) 28% ROE Better Than Average?
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Hong Kong stock morning report｜The Nasdaq has entered a correction zone, with mixed performance among Chinese concept stocks. The European Central Bank has cut interest rates.
① The U.S. and Ukraine plan to hold talks in Saudi Arabia next week to discuss a preliminary ceasefire between Russia and Ukraine. ② Trump signed an amendment to postpone tariffs on Mexican commodities that comply with the U.S.-Mexico-Canada Agreement. ③ The three major U.S. stock indices fell sharply on Thursday, while China Concept Stocks had mixed performances. ④ The European Central Bank lowered the three key interest rates by 25 basis points, aligning with market expectations. ⑤ Wu Qing, chairman of the Securities Regulatory Commission, stated that policies for long-term capital and long-cycle assessments will be released as soon as possible.
U.S. stocks closed: Trump frequently creates uncertainty, and the Nasdaq officially enters a correction zone.
① China Concept Stocks are mixed, with the Nasdaq China Golden Dragon Index down 0.77%; ② The USA lunar lander 'Athena' landed on the moon but did not stand upright; ③ OpenAI and Oracle accelerate the advancement of the Stargate project; ④ The EU discusses an alternative plan for Starlink.
