$1000 Invested In This Stock 5 Years Ago Would Be Worth $7,900 Today
PDD Holdings (NASDAQ:PDD) has outperformed the market over the past 5 years by 37.54% on an annualized basis producing an average annual return of 50.72%. Currently, PDD Holdings has a market capitali
Alibaba and Coupang Intensify E-Commerce Battle With Major Investments in South Korea
Alibaba Group Holding Limited (NYSE:BABA), through its online platform AliExpress, has significantly increased its presence in South Korea, doubling its users to 8.58 million by April, according to Wi
Manufacturers from all parts of the industrial chain have entered the “blue ocean” of low-altitude logistics! Is the competition scenario “difficult and dangerous”?
Various signs suggest that low-altitude logistics will first become a “racetrack” for the low-altitude economy. Recently, the 5G-A drone express line built by Nantong Mobile and SF Express completed its first flight in Chongchuan District; DJI, Ehang Intelligence, and A-share listed drones (688297.SH) have also successively launched low-altitude drone products. On the other side, Fengyi Technology, a subsidiary of SF Express, is intensively laying out low-altitude logistics networks in the Guangdong-Hong Kong-Macao Greater Bay Area; Meituan, Zhongtong, and Jingdong are also seizing the market.
Wall Street issuer creates “Lucky 8” Chinese giant ETF to target the “Seven Heroes” of US stock technology
① According to the document, the initial members of “Lucky Eight” were Tencent Holdings, Alibaba, Meituan, BYD, and Xiaomi, Pinduoduo, JD, and Baidu; ② Although some China Internet ETFs have provided exposure, Mazza hopes investors can focus on a few key targets in this field.
The list of Hong Kong stock June gold stocks has been released! Institutions focus on technology and high-dividend sectors, and Tencent, Meituan, and China Mobile are all favored
The Hong Kong stock IPO market is recovering, and transactions in the secondary market are picking up. Everbright Securities believes it is possible to continue to focus on technological growth and the “dumbbell” strategy where high dividends prevail.
From AI search to voice sparring, Tencent Yuanbao's full review is here! Who is better than the big model C-end player?
① In the information efficiency competition, GPT-4o performed well in terms of information depth and response speed, while Tencent Yuanbao provided more comprehensive and time-efficient results through integration with the Tencent ecosystem. ② In terms of app fun, Tencent Yuanbao and Doubao have similar smart functions. Yuanbao's oral sparring and super translator functions are slightly superior to Doubao; however, in terms of the fineness and innovation of AI images, both have obvious room for improvement.
A quick overview of the Hong Kong market | The three major indices pulled back in the afternoon. The Tech Index fell nearly 2%, Meituan fell more than 3%, and Kang Fang Biotech reversed the market and rose more than 37%
The trend of science and network stocks was divided. Bilibili rose more than 3%, Meituan fell more than 3%; coal stocks strengthened, China Coal Energy rose more than 5%, and China Shenhua rose more than 1%.
Hong Kong Stock Afternoon Review | The three major indices rose by about 1%. Technet stocks and biomedical stocks strengthened. Station B rose nearly 7%, and Kangfang Biotech surged more than 34%
Auto stocks generally rose; NIO rose nearly 11%; Xiaopeng Motor rose nearly 5%; coal stocks rose one after another; China Coal Energy rose more than 4%, and China Shenhua rose nearly 3%.
Intraday Overview | The Hong Kong Stock Index fluctuated, and the biotech sector showed strong performance. Kangfang Biotech rose nearly 29%
Technology Network stocks strengthened; Bilibili rose more than 6%, Kuaishou and Tencent Music rose more than 4%; auto stocks rose more than 10%, and Xiaopeng Motors and Zero Sports increased by more than 4%.
US stocks closed | Interest rate cuts spread, and the three major indices still fell; Nvidia fell nearly 4%, and its market capitalization evaporated by more than 100 billion dollars, and Salesforce's performance fell sharply by 20%
The Dow closed down 0.86%, S&P fell 0.6%, and the NASDAQ fell 1.08%; only Apple, the seven tech giants, did not fall; Microsoft fell more than 3%; China rebounded against the market, and NIO rose nearly 10%.
Express News | Alibaba Clearance Baozun E-commerce
The Tencent model independent app is long overdue, and claims that at this stage, AI empowers light commercial monetization
① Tencent has officially launched “Tencent Yuanbao”, an independent application with a mixed model. At this stage, the focus of Tencent Yuanbao is to open up the Tencent ecosystem. ② Tencent ingots will also be launched later, and will not be commercialized yet.
Express News | Tencent Holdings spent about HK$1.03 billion on the 30th to repurchase 2.72 million shares
Pinduoduo has gone crazy overseas
TEMU's profit is in sight.
“Mother of ChatGPT”: AI's Impact on the Economy Is Just Beginning
① Two executives from OpenAI, a leading AI company, recently stated that the impact of artificial intelligence on the economy has only just begun; ② OpenAI Chief Technology Officer Mira Muratti believes that GPT-4O will help promote the further spread of artificial intelligence, thereby having a wider impact on the global economy.
Hong Kong Market Overview | The three major indices continued to weaken, with the Hang Seng Index falling more than 1%; semiconductor stocks and Apple concept stocks bucked the trend, SMIC rose nearly 5%, and Shunyu Optics rose more than 6%
Domestic housing stocks declined, with Sunac China falling nearly 7%, and Vanke falling more than 4%; gold stocks fell one after another, Zijin Mining fell more than 5%, and China Gold International fell nearly 4%.
Express News | A source close to JD revealed that the mainland real estate industry is currently in a slump. JD Production and Development has suspended plans to go public in Hong Kong and will wait until the right time is right to prepare for the listing. As for the li
Hong Kong Stock Afternoon Review | The three major indices weakened, the Hang Seng Index fell more than 1%, semiconductor stocks rose against the market; gold stocks and domestic housing stocks fell, and Zijin Mining fell nearly 6%
Many shares of Technology Network declined, with Meituan falling more than 2% and Jingdong falling more than 1%; semiconductor stocks rose, Jingmen Semiconductor rose nearly 15%, and Huahong Semiconductor rose nearly 5%.
Allianz: China's insurance market will maintain an average annual growth rate of 7.7% over the next 10 years to consolidate its position as the world's second-largest insurance market
① In 2023, Asian life insurance premium revenue increased by 16.2%, making it the largest regional market in the world; ② In the past 10 years, the global market share of the US insurance market increased from 41% to 44% in 2023; ③ The Chinese insurance market will maintain an average annual growth rate of 7.7% over the next 10 years, thus consolidating its position as the second largest insurance market in the world.
Futu Morning Post | Nvidia reached a new high, Faraday plummeted 62% in the future, and Saifu fell nearly 16% after trading; Arm released CPU and GPU architectures for AI phones
Federal Reserve Beige Book: The outlook for the US economy is pessimistic; without reaching an agreement with British and American resources, BHP Billiton abandoned the $49 billion bid plan.