On the evening of December 6th, U.S. stocks rose more than 1 percent to $55.05 a share.
On December 3rd, China's shares suffered a sharp fall in volume, with The Multi-Day falling more than 12 per cent to a new low of $51.91 a share, with the total market value falling below the $70bn mark.
AI Financial News has learned that since the beginning of 2021, when the share price of TheOdo shares hit a new high of $212.6 per share, its share price has fallen by more than 75%, wiping more than $200 billion off its total market value.
Interestingly, well-known investor Duan Yongping recently posted screenshots on social media of a deal ready to buy more than one lot. Duan Yongping also said that although do not understand the business model of more than one, but think that more than more support for agricultural products is very meaningful, ready to venture again.
On the morning of August 4, Duan Yongping wrote on his social account, "Buy some Tencent Holdings today and buy more." On August 18th Mr Duan went out of his way again to buy Tencent shares, while also saying he had bought some ali shares.
In recent days, Tencent and Alibaba, two Internet companies in the Hong Kong stock market performance is depressed. On December 6th Alibaba's Hong Kong shares also fell to a record low of HK$109.1 a share, with a market capitalisation of HK$2.4 trillion ($310bn). (| AI Finance News Agency Summer)