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29/08/2025
Autodesk's share price rose more than 10% after hours.
Latest
5 m ago
The Senate Banking Committee of the United States announced that the confirmation hearing for Stephen Moore, the nominee for the Federal Reserve Board selected by Trump, will be held at 10:00 am on September 4th.
6 m ago
Accelerate the allocation of equity assets and manifest the "long money long investment" effect of insurance funds.
6 m ago
As of June 30th, the stock assets held by the five A-share listed insurance companies exceeded 1.8 trillion yuan, an increase of over 400 billion yuan from the end of last year, with a growth rate of 28.7%, far exceeding the increase in investment assets, indicating a significant acceleration in market entry. The total amount of stocks and funds held by listed insurance companies also showed rapid growth. As of June 30th, the stock and fund allocation ratios of China Life, Ping An Insurance, China Taiping, and PICC were 13.6%, 12.6%, 11.8%, and 10.7% respectively, increasing by 0.9 to 2.7 percentage points. Although the stock and fund allocation ratio of New China Life decreased by 0.2 percentage points from the end of last year, it still reached 18.6%, a historical and industry high. (Securities Times)
8 m ago
Federal Reserve Governor Bullard: In support of the Federal Reserve's 25 basis point rate cut in September, it is expected that there will be further rate cuts in the next 3-6 months. Excluding the temporary impact of tariffs, the underlying inflation rate is close to 2%. The "appropriate restriction" policy rate is expected to be 1.25 to 1.50 percentage points higher than the neutral rate. Unless the August employment report shows a significant weakening in the economy and inflation remains well controlled, it is not believed that a larger rate cut will be necessary in September.
9 m ago
Federal Reserve's Powell: Labor Bureau data is "absolutely indispensable".
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