Express News | Bank of America Securities lowered the target price of ideal cars to 140 Hong Kong heads of state's quarterly results fell short of expectations
The big model price war has reached the “centimeter era”! Alibaba Cloud Tongyi Qianwen main model reduced price by 97%
“Science and Technology Innovation Board Daily”, May 21 (Reporter Huang Xinyi) Today, Alibaba Cloud threw a bombshell: Tongyi Qianwen GPT-4 main model Qwen-Long. The API input price dropped from 0.02 yuan/thousand tokens to 0.0005 yuan/thousand tokens, or 0.5 cm/thousand tokens, a drop of 97%.
Hong Kong Stock Afternoon Review | The three major indices of Hong Kong stocks pulled back, and the Tech Index fell by more than 3%; Technet stocks and auto stocks generally fell, Bilibili fell nearly 6%, and Ideal Auto fell by more than 19%
Biotech stocks declined in many shares; Kingsley Biotech and Pharmaceutical Biotech fell more than 5%; non-ferrous metals stocks pulled back, Shandong gold fell more than 7%, and Luoyang Molybdenum Industry fell more than 6%.
Intraday Overview | The three major indices fell sharply, and the science index fell more than 3%; auto stocks and pharmaceutical outsourcing concept stocks weakened; after ideal car performance, it plummeted nearly 20%
The Hang Seng Index fell 2.2%, and the Tech Net Index fell by 3.41%; most of the shares fell by more than 7%, JD Health and NIO by more than 6%, Bilibili by more than 5%, and Tencent, Ali, Baidu, and NetEase by more than 3%.
One-picture preview | Multiple benefits help Xiaomi's stock price “skyrocket”! Q1 earnings report is coming, can this round of growth continue?
Currently, the market generally predicts that Xiaomi is expected to achieve revenue of 73.573 billion yuan in the first quarter, up 23.7% year on year; earnings per share will be 0.16 yuan, down 6.29% year on year.
Institutions | The rebound in Hong Kong stocks is still resilient, focusing on the three main lines
The four major driving forces driving the current round of Hong Kong stock rebound can be categorized as: 1) mitigation of external disturbances; 2) domestic policy cohesion; 3) expectations of Hong Kong Stock Connect dividend tax relief; and 4) re-understanding and pricing of Hong Kong stock growth stocks.
Futu Morning Post | The commodity carnival continues! Gold and copper continue to reach record highs; Microsoft releases a new generation of AI PCs; Ideal Auto's US stock falls by nearly 13%
The two vice chairmen of the Federal Reserve spoke out at the same time: they emphasized the need to be cautious about the inflation trend; the Wall Street Bank raised the target price of the S&P 500 index to a maximum of 5,600 points; the US Securities Regulatory Commission changed its attitude and may approve the first Ethereum ETF.
The pure electric business is not easy to do, so it is ideal to cancel this year's pure electric vehicle launch plan
Source: Late Auto Author: Zhao Yu, Dou Yajuan, Zeng Xing After the release of the first pure electric flagship model, MEGA, and experiencing turbulence, it is ideal to start major organizational adjustments and layoffs in just two months. The CEO reflected on “excessive focus on sales and competition.” Today, Ideal announced another important change: no new pure electric models will be released this year. The news was announced at Ideal's results conference tonight. In the first quarter of 2024, Ideal sold 28,000 more vehicles than in the same period last year. Total revenue increased 36.4% to 25.6 billion yuan, but net profit
Express News | Southbound Capital made a net purchase of HK$2.49 billion today
Ideal Auto's Q1 revenue increased 36.4% year over year, and delivery guidelines fell short of expectations
Ideal Auto expects second-quarter revenue of RMB 29.9 billion to RMB 31.4 billion, with an estimated delivery volume of 105,000 to 110,000 vehicles.
Li Auto Misses Top-line and Bottom-line Estimates; Initiates Q2 Outlook
Li Auto press release (NASDAQ:LI): Q1 Non-GAAP EPADS of $0.17 misses by $0.03.
Express News | Ideal Auto's adjusted net profit for Q1 was 1.3 billion yuan, down 9.7% year on year
Express News | Ideal Auto (LI.O) is expected to deliver 105,000 to 110,000 vehicles in the second quarter, and the market estimates 130,692 vehicles.
A quick look at the Hong Kong market | The three major indices fluctuated and closed higher. Non-ferrous metals stocks rose across the board, China Gold International rose nearly 8%, and China Silver Group soared more than 54%
Auto stocks rose one after another. Xiaopeng Motor rose more than 7%, Zero Sports Auto rose nearly 7%; coal stocks rose one after another; Yancoal Australia rose nearly 6%, and China Coal Energy rose nearly 4%.
Hong Kong Stock Afternoon Review | The three major indices rose one after another. Auto stocks and gold stocks strengthened. Xiaopeng Motor rose nearly 8%, and Lingbao Gold rose more than 10%
Technology Network stocks had mixed ups and downs. Jingdong rose more than 3%, Baidu fell nearly 3%; copper stocks rose sharply, Wanguo International Mining rose more than 7%, and Minmetals Resources rose more than 6%.
Intraday Overview | Tech Index rose nearly 1%, non-ferrous metals stocks and auto stocks strengthened, Lingbao Gold rose nearly 12%, and Xiaopeng Motor rose more than 8%
The Hang Seng Index rose 0.57% and the Tech Index rose 0.92%; TechNet stocks had mixed ups and downs; Bilibili rose nearly 3%, JD.com and NetEase rose about 2%, Baidu fell more than 3%, and Meituan fell nearly 2%; gaming stocks rose, and Aobo Holdings and Galaxy Entertainment rose about 4%.
Opinions | Analysis of the impact of the Hang Seng Index and Hong Kong Stock Connect adjustments
The scope of this adjustment covers the main flagship indices of Hong Kong stocks, such as the Hang Seng, the State-owned Enterprises Index, and the Hang Seng Technology Index; in addition, there are also partial adjustments to the Hang Seng Composite Index, which directly determines the scope of investment in Hong Kong Stock Connect.
Futu Morning Post | Federal Reserve's “Best Eagle” Official: Further Interest Rate Hikes Are Not Ruled Out; The Dow Broke 40,000 Points at the Close for the First Time
The international metals market is “fighting for glory”: gold and silver are sprinting to new highs, and copper continues to boom; Nvidia, the “leading US stock leader,” is reporting earnings this week, and the market is focusing on these three points.
J.P. Morgan Auto Industry Survey: “Price War” Shifting to “Configuration War”
As China's car market rolls to new heights, what are the changes in consumer trends in the automotive sector?
Weekly outlook | Nvidia's earnings report hits the ball! Pinduoduo, Kuaishou, and Xiaomi are about to be released; Federal Reserve officials are speaking out intensively, and the minutes of the latest meeting will be released
In addition, Ideal Auto, Xiaopeng Motors, NetEase, and Station B will also release financial reports this week. Japan's core CPI data for April will be released, and the yen may once again face downside risks.