Intraday Overview | The three major Hong Kong stock indices all fell by more than 1%, and Kuaishou bucked the trend and rose more than 4%
Technology Network stocks declined, with Alibaba and NetEase falling nearly 4%, and Xiaomi and Jingdong falling more than 2%; auto stocks were sluggish, with Zero Sports, Xiaopeng Auto, and Guangzhou Automobile Group falling more than 4%, and NIO and Ideal Auto falling nearly 4%.
Opinion | The size of Chinese stock holdings in overseas asset management declined in the first quarter, and some institutions increased their positions
Since mid-April, the Hong Kong stock market has closed higher for four consecutive weeks. The Hang Seng Index has accumulated a cumulative rebound of nearly 20% since the bottom, and once returned to around 19,600 points, a new high since August last year.
Futu Morning Post | Federal Reserve reports; Nvidia rose about 6% after the market; Pinduoduo surpassed Ali in market capitalization
The minutes of the Federal Reserve meeting discussed “interest rate hikes,” and gold lost five major hurdles; Amazon allegedly plans to use AI to completely transform the voice assistant Alexa; News Group and OpenAI signed a copyright cooperation agreement.
Tencent, IFlytek Cut Prices of AI Services, Following Alibaba, Baidu's Move - Report
Gold bulls are “lying flat”! Before the minutes of the Federal Reserve meeting, the price of gold fell below 2,390 US dollars. Is it difficult for the monetary policy market to “sound dove”?
The price of gold fell below $2,390 on Wednesday (May 22) as investors waited for the minutes of the Federal Reserve's most recent policy meeting to learn more about the interest rate cut schedule.
One foot throttle and one foot brakes, how do you understand NEV companies lay off employees while expanding?
The entire industry is relatively “superior.” When sales volume rises, expansion is accelerated, and people are robbed at high prices; once performance declines and new products do not meet expectations, they press the deceleration button to shrink and lay off people.
Express News | The US announced a new round of tariff rules against China. Starting in August, it will launch electric vehicles and other products
Lots of money coming in! Is gold, silver, and copper still promising this year?
According to J.P. Morgan Chase, there is a “massive influx” of precious metals from algorithmic traders, professional commodity investors, and macro funds.
A quick look at the Hong Kong market | The trends of the three major indices diverged. Auto stocks and photovoltaic solar energy stocks strengthened. After that, Xiaopeng Motor rose more than 13%, and Xinte Energy rose more than 17%
The trend of TechNet shares was divided. Kuaishou rose more than 2% and NetEase fell more than 3%; gold stocks continued to recover, and China Gold International and Lingbao Gold fell more than 4%.
GMA Daily Gold Plan | Waiting for the minutes of the Federal Reserve meeting, will the bullish momentum of gold weaken?
Waiting for the minutes of the Federal Reserve meeting, will the bullish momentum of gold weaken?
Tesla Killer Lands In Europe: BYD's Seagull EV Poised To Disrupt With Sub-$21K Price Tag Even After Tough Tariffs
BYD Co. (OTC:BYDDF), a leading Chinese electric vehicle manufacturer, is set to launch its budget-friendly electric vehicle in Europe, posing a significant challenge to local automakers.
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and auto stocks strengthened. Zhuguang Holdings rose more than 26%, and Xiaopeng Motor rose more than 13%
The trend of TechNet shares was divided. Bilibili rose more than 2%, NetEase fell nearly 3%; beer stocks declined, China Resources Beer fell more than 3%, and Tsingtao Brewery shares fell nearly 2%.
Intraday Overview | Hong Kong stocks fluctuated higher. After that, Xiaopeng Motors rose more than 12%, leading auto stocks, and Lenovo Group rose more than 11%
The Hang Seng Index rose 0.43%, the Science Index rose 0.72%, and the National Index rose 0.55%; Technet shares generally rose, NIO rose 5%, and Oriental Select rose nearly 4%; Hong Kong Airlines stocks rallied; China Southern Airlines shares rose more than 5%, and China Eastern Airlines shares rose more than 4%.
Wall Street analysts are in trouble! Is this “golden” joy over the top?
Analysts say the most immediate question worth one million dollars is: is this wave of gains still reasonable?
A number of new tours compete in the summer program! The launch of Tencent's DNF mobile game means “bombardment”
① The DNF mobile game, Tencent's blockbuster product of the year, was full today, and the queue was unprecedented. Currently, it is at the top of the iOS bestseller list and free list. ② Starting with the DNF mobile game, with the upcoming summer program, the domestic game market will usher in a variety of blockbusters: “Lightning Tide,” “Desperate Zone Zero,” and “Black Myths: Goku.” ③ Industry insiders believe that new games have become the dominant buyer volume, and the monthly revenue of the summer mobile game market is expected to reach a year-on-year high.
The big model price war has reached the “centimeter era”! Alibaba Cloud Tongyi Qianwen main model reduced price by 97%
① The API input price of Alibaba Cloud Tongyi Qianwen GPT-4 main model dropped from 0.02 yuan/thousand tokens to 0.0005 yuan/thousand tokens. This month, ByteDance's big model also announced a price reduction, and pricing for the big model has entered the “centimeter era.” ② Leading companies will choose multiple models to access and choose more suitable models for different application scenarios. This means that competition among large model manufacturers is fierce.
Gold prices returned to an upward trend after the shock. Prices of various “Gold+” products from bank financial management companies picked up, and the net worth of some products has reached new previous highs
① In recent months, financial management companies including CMB Wealth Management, Everbright Wealth, and Ping An Wealth have all deployed “Gold+” wealth management products. ② With the recent fluctuation and upward trend in gold prices, the net value of related wealth management products has also rebounded. The net worth of some related products has even reached new all-time highs. ③ Regarding the future trend of gold prices, a number of institutions and analysts said there is still room for growth. But more voices are “risk wary.”
Express News | Tencent Holdings announced on the Hong Kong Stock Exchange that it repurchased 2.61 million shares at a price of HK$379.8-393.4 per share on May 21, at a total cost of about HK$1 billion.
Tencent's market capitalization is rushing to 4 trillion dollars. How long can the momentum last, and can “the king return”?
A tough battle.
Overview of the Hong Kong market | The three major indices pulled back, and the technical index fell nearly 4%; automobile stocks and non-ferrous metals stocks generally fell, Ideal Auto fell by more than 19%, and Zijin Mining fell nearly 5%
Technology network stocks declined one after another. Bilibili fell more than 6%, Baidu fell more than 4%; biotech stocks fell, and Pharmaceutical Biotech and Pharmacom Joint Stock fell by more than 6%.