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Pop Mart (09992.HK): On January 19, it repurchased and cancelled 1.4 million shares, costing approximately HK$250 million.Pop Mart (09992.HK): On January 19, 2026, it spent HK$251 million to repurchase 1.4 million shares at a repurchase price of HK$177.7-181.2 per share.On January 19th, according to futures news, both domestic and international cotton spot prices rose last week, with the domestic spot price increasing more than the international price, and the price difference between domestic and international cotton widening slightly. 1. Internationally, the USDAs January supply and demand report at the beginning of the week showed a decrease in global production, an increase in demand, and a decline in ending stocks, indicating an overall bullish adjustment. This, coupled with a weaker dollar and rising grain prices, drove cotton prices higher. However, on Thursday, the US Department of Labor released initial jobless claims data lower than market expectations, increasing the probability of the Federal Reserve maintaining interest rates, leading to a decline in the crude oil market and dragging down cotton prices. In terms of price performance, the ICE cotton futures averaged 64.83 cents/lb, up 0.14 cents/lb from the previous week; in the spot market, the Cotlook A index averaged 74.87 cents/lb, up 0.26 cents/lb from the previous week. 2. Domestically, at the macro level, the central bank signaled further interest rate and reserve requirement ratio cuts, and the State Council emphasized promoting consumption, briefly boosting market sentiment. At the industry level, the speculation surrounding a reduction in Xinjiangs cotton planting area in the new year has gradually been digested. Textile companies have some restocking needs before the Spring Festival, and the weakening orders for fabric mills are showing a tendency to spread to textile companies, thus weakening support for cotton prices. The weekly average price of the China Cotton Price Index (CC Index 3128B) was 15,903 yuan/ton, up 96 yuan/ton from the previous week; the price difference between the weekly average price of Cotlook A (converted to RMB with a 1% tariff) and the weekly average price of the China Cotton Price Index widened significantly by 52 yuan/ton compared to the previous week.January 19th - CIMC Enrics subsidiary, CIMC Saint-Gobain, recently successfully delivered the first batch of four high-standard, customized cryogenic storage tanks for a landmark semiconductor manufacturing project in Europe. This project is not only the first large-scale semiconductor factory built in Europe in nearly two decades, but also marks a new benchmark for CIMC Enric in the field of high-end precision equipment manufacturing, adhering to the stringent EN (European Standard) system.Topband: The company attaches great importance to the development of the civilian drone market, and its DC brushless motor products have been mass-produced and applied to low-altitude delivery drones.

S&P 500 Price Forecast – Stock Markets Quiet to Open Up Holiday Week

Florala Chen

Nov 22, 2022 15:58

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Technical Analysis of the S&P 500

The Monday trading session saw very little movement for the S&P 500 E-mini contract, which is currently sitting just over the 3950 level and just below the 200-Day EMA, which is at the 4025 level. In the end, I believe that the market will soon make a bigger decision, but for the time being it appears that Wall Street is still searching for the, so one would have to assume that there are some investors who are willing to purchase stocks on the basis of the notion of the "Santa Claus rally."


The 50-Day EMA, located precisely at the 3863 level, enters the picture if the market does break down from this point. I anticipate seeing a large degree of resistance to any selling in that range. The 3800 level and a more serious breakdown could be in danger if we fall below there.


The market is still in a downtrend, despite recent signs of a great recovery, and we have even seen the 200-Day EMA and the downtrend line enter the picture and provide at least some psychological resistance. Keeping this in mind, bear in mind that we are still trying to price in a recession.


We may observe a similar trend in the S&P 500 if the US currency strengthens more. Given enough time, I would fully expect the market to make a larger breakout, but since it is Thanksgiving week, it's highly likely that it may be waiting for that to happen.

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