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Futu Morning News | The S&P has achieved three consecutive increases, and the market is waiting for Powell's appearance tonight; Bridgewater's Q1 Hold Positions demonstrate the "risk aversion principle"! Aggressive buying of Alibaba, cutting positions in
Federal Reserve Vice Chairman: Economic growth is expected to slow, inflation may rebound but is to be observed; Super Micro Computer's stock price surged again, signing a 20 billion dollar AI agreement with Saudi Arabia's Datacenter DataVolt.
Hong Kong Stock Morning Report | China increased its social financing by 16.34 trillion in the first four months, and Tencent's revenue in the first quarter increased by over 13% year-on-year.
① From January to April, China's social financing scale increased by 16.34 trillion yuan, which is 3.61 trillion yuan more than the same period last year. ② The USA has adjusted tariffs on China. ③ Multiple departments jointly issued 'Policies and Measures to Accelerate the Construction of the Technology Finance System to Strongly Support High-Level Technological Self-Reliance and Strength.' ④ Alibaba has open-sourced the video generation and editing model Wan2.1-VACE.
Launch Event for Nio's Facelifted ES6, EC6 to Start at 7:30 Pm Beijing Time on May 16
Zhejiang Founder Motor (002196.SZ): Currently, the main customers for mass-produced drive motors include NIO, Xiaopeng Motors, SAIC, Wuling, and Great Wall Motor.
On May 14th, Glonghui reported that Zhejiang Founder Motor (002196.SZ) stated in a recent investor relations activity that the company's main customers for mass-produced drive motors currently include NIO, Xpeng Motors, SAIC, Wuling, and Great Wall Motor. New customer projects added this year include Leapmotor, Li Auto, and SAIC Volkswagen. Shipment conditions will depend on the vehicle sales of downstream customers, and a certain level of growth is expected.
CITIC SEC discusses the delisting of Chinese concept stocks: it will not change the intrinsic value of the companies and will bring incremental liquidity to the Hong Kong stock market.
CITIC SEC: We do not believe that the Hong Kong stock market is unable to accommodate a large-scale return of Chinese concept stocks. On one hand, the liquidity of the Hong Kong stock market has clearly improved, and on the other hand, the forced (Delisted) of stocks in the US actually shifts trading to the Hong Kong stock market, bringing incremental liquidity to the Hong Kong market.
Market Update | Auto stocks rose in early trading, LEAPMOTOR increased by over 6% to reach a new high, Institutions are bullish on Electric Vehicles exports maintaining high growth.
From January to April 2025, LEAPMOTOR's cumulative export sales exceeded 13,600 units, ranking first among China's new force brands.