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Express News | Alibaba: On December 24 and 26, approximately 19.9727 million USD was spent to repurchase 1.86 million shares.
A maximum decrease of over 11%! BYD and Tesla are "joining forces" to lower prices at the end of the year, making a final push for the "Year of the Dragon."
① BYD and Tesla, the two leading companies in the New energy Fund, will successively launch limited-time promotional activities at the end of 2024 for a final push; ② At the beginning of next year, discounts on new vehicles may increase, reigniting a "price war" in the auto market.
Xiaomi-Backed concept stocks surged collectively! Kingsoft Cloud once rose over 40%, and Xiaomi's stock price is approaching a historical high.
In today's morning session, Hong Kong's technology stocks increased significantly, with Xiaomi-Backed stocks surging considerably. By the midday close, Kingsoft Cloud rose 33.69%, XIAOMI-W increased by 5.9%, and KINGSOFT gained 2.97%.
Hong Kong Stock Market Midday Review | All three major Indexes rose after the holiday, with the Tech Index up over 1%; Xiaomi-Backed, Semiconductors, and Communication Equipment stocks increased, Kingsoft Cloud soared over 33%, ZTE rose over 12%, and Semi
The Network Technology stocks are mixed; XIAOMI-W has risen over 5%, KUAISHOU-W has fallen by 1.39%, Baidu has dropped by 1.11%, JD-SW has decreased by 3.69%, MEITUAN-W has increased by 0.26%, and TENCENT has fallen by 0.24%.
Increasing investment in AI large models! Xiaomi is just one step away from its historical high, with Concept stock Kingsoft Cloud soaring over 340% in the past two months.
According to previous reports from Jiemian News, Xiaomi is working on building its own GPU cluster with 10,000 cards, making significant investments in large AI models. When the Xiaomi large model team was established, it already had 6,500 GPU resources.
Daily Bull & Bear | The Hang Seng Index returns to 20,000 points! The latest bull-bear street ratio is 59:41; WEIMOB INC rose over 115% on the 4th, with warrants seeing a doubling increase at the highest point.
As of the close of trading, the total market turnover was 84.59 billion Hong Kong dollars, with all warrants and callable bull/bear contracts totaling 6.261 billion Hong Kong dollars, accounting for 7.4% of the market turnover, of which the ratio of long positions was 4.1% and the ratio of short positions was 3.3%.