Company Encyclopedia
View More
name
Huaan CES HK Equities Selected 100 ETF
513900.SH
News
View More

Bitcoin dips below $90,000 as AI worries dent risk appetite

Bitcoin fell below $90,000 as concerns about AI profits impacted risk sentiment, leading to a decline in cryptocurrencies. Ether also dropped over 4%. The market was affected by Oracle's disappointing profit outlook and increased spending on AI infrastructure. Standard Chartered reduced its Bitcoin price forecast to $100,000 by 2025, citing reduced buying by digital asset treasury companies.

Reuters·
HK
02888
+1.49%
Reuters·
HK
02888
+1.49%

 UK Stocks-Factors to watch on December 11

Britain's FTSE 100 index is expected to open lower on Thursday. BP, Woodside Energy, and Chevron were top winners in the U.S. Gulf of Mexico oil and gas drilling rights sale. Prudential sold a 4.5% stake in ICICI Prudential Asset Management for $545 million. UK's housing market slowed after the recent budget. Oil prices stable amid Russia-Ukraine peace talks. Copper outperformed due to a softer dollar. Gold eased after the U.S. Fed's interest rate cut. FTSE 100 closed up 0.1% on Wednesday. Associated British Foods to trade ex-dividend on Thursday.

Reuters·
HK
02378
+0.53%
SG
K6S
0.00%
US
PUK
+0.10%
Reuters·
HK
02378
+0.53%
SG
K6S
0.00%
US
PUK
+0.10%

Orient Securities Sticks to Its Buy Rating for Alibaba Group Holding Ltd. (9988)

Orient Securities analyst maintained a Buy rating on Alibaba Group Holding Ltd. yesterday and set a price target of HK$212.43.TipRanks Cyber Monday Sale Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence. Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off In a report released on November 28, CGS-CIMB also maintained a Buy rating on the stock with a HK$231.00 price target.

Tip Ranks·
US
BABA
+1.83%
HK
09988
-1.17%
US
KBAB
+3.72%
Tip Ranks·
US
BABA
+1.83%
HK
09988
-1.17%
US
KBAB
+3.72%

Key facts: Macquarie Capital names ICICI Bank top choice; Prudential sells stake

Macquarie Capital has named ICICI Bank a top choice among large private banks in India, expecting strong credit growth and margin expansion amid a financial sector earnings recovery.12Prudential sold a 4.5% stake in ICICI Prudential Asset Management for $545 million. ICICI Bank, with a 51% stake, bought shares worth 21.40 billion rupees.3

TradingView·
HK
02378
+0.53%
SG
K6S
0.00%
US
PUK
+0.10%
TradingView·
HK
02378
+0.53%
SG
K6S
0.00%
US
PUK
+0.10%

Bitcoin – Standard Chartered’s revised projection and why THIS is ‘no longer a price driver’

Standard Chartered has halved its 2025 Bitcoin price forecast to $100,000, citing reduced corporate treasury purchases and slower ETF inflows as key factors. The bank also delayed its long-term target of $500,000 to 2030. Analysts now view ETF inflows as the primary driver for Bitcoin's future price increases, moving away from the traditional halving cycle model. The bank anticipates a break of the current all-time high in H1-2026, suggesting a shift in market dynamics.

Amb Crypto·
HK
02888
+1.49%
Amb Crypto·
HK
02888
+1.49%
© 2025 Longbridge｜Disclaimer