Sou Hu Cai Jing·2025-11-21 11:13Group 1: Market Overview - Global financial markets are experiencing a sell-off, primarily due to the cooling expectations for a Federal Reserve interest rate cut, with the probability of a 25 basis point cut in December dropping to 35.1% [2] - On November 21, A-shares fell significantly, with the Shanghai Composite Index down 2.45%, influenced by the overnight decline in U.S. stocks and cryptocurrency sell-offs [2] - Bitcoin dropped below $82,000, marking a new low since April 7, with a 24-hour decline of up to $11,000, leading to significant liquidations in the cryptocurrency market [2] Group 2: Company Performance - Nvidia's earnings report did not stabilize the market, leading to a collective decline in major U.S. stock indices, with the Dow Jones down 0.84% and the Nasdaq down 2.15% [3] - Morgan Stanley has retracted its prediction for a December interest rate cut by the Federal Reserve, citing resilience in the U.S. economy as indicated by the September employment report [3] Group 3: IPO and Investment Opportunities - Moore Threads has set its IPO price at 114.28 yuan per share, aiming to raise 8 billion yuan, with net proceeds expected to be 7.576 billion yuan, to be used for chip research and working capital [4][5] - Segment of the renewable energy market is showing potential, with notable investments from influential figures like Dong Yongping in Tesla, indicating a positive outlook for the sector [5]