Express News | Bilibili has secured the broadcast rights for the CCTV Spring Festival Gala for the first time.
Futu Daily Report | Will the Federal Reserve pause interest rate cuts? Meeting minutes show officials are eager to slow down the pace of rate cuts; U.S. stocks are closed today in mourning for the death of former President Carter's.
The Trump team is reportedly considering declaring a national economic emergency to implement high and widespread tariffs; Bearish surprise! A single remark from NVIDIA CEO Jensen Huang triggered a collective drop in USA quantum computing stocks.
U.S. stock market closing | Jensen Huang caused a collapse in quantum computing stocks, QUBT fell over 43%; China Concept Stocks fell, Xiaopeng Autos dropped over 5%.
① The Nasdaq China Golden Dragon Index fell by 0.67%, with most China Concept Stocks declining; ② Wildfires ravaged California, and Electrical Utilities provider Edison International fell by 10%; ③ Jensen Huang stated that a "very useful" quantum computer may take several decades to arrive; ④ Intel: will continue to focus on the independent graphics card market.
Hong Kong market quick look | Hong Kong stocks narrowed in losses in the afternoon, the Hang Seng Index fell nearly 1%; tech and Apple Supplier stocks declined, SUNNY OPTICAL dropped over 7%, Xiaomi fell nearly 4%; Weichai Power surged over 11%.
Network Technology stocks weakened, XIAOMI-W fell 3.95%, NTES-S rose 2.98%; Coal Industrial Concept stocks weakened, YANKUANG ENERGY fell 4.73%, KINETIC DEV fell 3.94%; Many Mobile Game stocks declined, INFINITIES TECH rose 10.00%, BOYAA fell 8.88%;
Hong Kong stock morning report on January 8: The Ministry of Industry and Information Technology is conducting a trial for 10G optical networks; Mixue Ice City has obtained registration from the China Securities Regulatory Commission for its Hong Kong IPO
① The State Council: Venture Capital Funds should focus on developing new quality productive forces. ② Ministry of Industry and Information Technology: Launching pilot projects for 10-gigabit optical networks. ③ Apple's spring "budget version" iPhone new model will start mass production in mid-January 2025. ④ Mi Xue Bing Cheng's Hong Kong IPO has been filed with the China Securities Regulatory Commission.
Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading
Some Confidence Is Lacking In Bilibili Inc.'s (NASDAQ:BILI) P/S
Hong Kong Stock Market Afternoon Review | All three major indices fell, with the Hang Seng Index down nearly 2%; Network Technology stocks declined, with Tencent down nearly 7% and Xiaomi down over 8%; some mineral stocks rose against the trend, with CGN
Network Technology stocks fell, with XIAOMI-W down 8.13% and TENCENT down 6.79%; Biotechnology stocks declined, with EVEREST MED-B down 6.35% and WUXI BIO down 4.22%; Shipping and Ports stocks weakened, with COSCO Shipping Holdings down 3.47% and CHINA MER PORT down 2.49%.
Hong Kong stock Concept tracking | Byte's short dramas are making their first overseas venture, and the short drama market is showing explosive growth (attached Concept stocks).
ByteDance's short dramas are making their first overseas venture: establishing an overseas short drama team and launching the Melolo short drama app.
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
The "Market Review" reports that the renminbi is weakening, the Hang Seng Index is falling, and Sunac is under selling pressure.
Due to the weakness of Network Technology stocks, Hong Kong stocks fell today. The Dow Jones and Nasdaq in the USA rose by 0.8% and 1.8% respectively last Friday. At the time of writing, the yield on the 2-year Bonds in the USA rose to 4.283%, the yield on the 10-year Bonds rose to 4.626%, and the US Dollar Index fell to 108.67. Dow futures rose by 31 points or 0.07%, and Nasdaq futures were up 0.46%. In December last year, the Caixin China Services PMI rose to 52.2, exceeding expectations, but the New Export Order Index fell below the critical point for the first time since August 2023 (a two-year low). The onshore RMB closed down 203 points to 7.3296 against the USD.
Hong Kong Market Quick Review | The three major indices of Hong Kong stocks fluctuated and closed lower; the Cryptos Concept and Nonprofit Pharmaceutical Companies rose against the trend, with BOYAA rising over 12% and Heptagon Pharmaceuticals increasing
Network Technology stocks declined, with MEITUAN-W dropping 1.95% and KUAISHOU-W falling 1.23%; most Dining stocks fell, with HAILUNSI down 4.66% and SUPER HI down 4.15%; Property Services and Management stocks weakened, with GREENTOWN SER down 3.90% and SUNAC SERVICES down 2.53%.
In January, China's Retail Trade prosperity Indices rose to 51.1 month-on-month.
The China Commercial Federation announced that in January, China's Retail Trade Prosperity Indices (CRPI) was 51.1, an increase of 0.7 percentage points month-on-month. From the industry classification, affected by traditional holidays, the indices of the three major sectors of the Retail Trade in January showed significant divergence. Among them, the Commodity Operation index was 51.8, an increase of 1.8 percentage points from the previous month; the Rental Operation index was 51.3, a decrease of 0.6 percentage points from the previous month; and the E-commerce Operation index was 49.4, a decrease of 1.1 percentage points from the previous month.
Futu Morning Report | The "Spring Festival Gala of the Technology Industry" CES 2025 is coming this week! NVIDIA has become the market focus; big investment! Microsoft plans to invest 80 billion USD to build Datacenters.
CES will kick off from January 7 to 11 in the USA, Las Vegas. NVIDIA is expected to announce its latest developments in AI, including the highly anticipated GeForce RTX 50 graphics card; in the Industry sector, AI and Autos are expected to continue thriving, while Siasun Robot&Automation, displays, and smart home appliances are also focal points of attention.
The National Radio and Television Administration: Implement the "Micro-Short Drama+" action plan to empower a hundred different industries.
To promote the integration of micro short dramas with various industries, inspire the whole society to deeply participate in the innovation and creation of internet literature and arts, and support economic and social development, the National Broadcasting - TV Administration has issued a notice titled "Implementation of the 'Micro Short Drama +' Action Plan to Empower Various Industries." This year, it will deeply organize the implementation of the "Traveling with Micro Short Dramas" creation plan, continue to advance the "Learning Law through Micro Short Dramas" and "Exploring Brands in Micro Short Dramas" creation plans, and initiate the "Learning Classics with Micro Short Dramas," "Science Popularization with Micro Short Dramas," and "Exploring Intangible Cultural Heritage in Micro Short Dramas" creation plans, aiming to launch around 300 works with leading and innovative roles in specific fields.
Why Bilibili Inc. (NASDAQ:BILI) Crashed Yesterday
Morgan Stanley increased its shareholding in Bilibili (09626) by approximately 0.3201 million shares, with a price of about 144.74 Hong Kong dollars per share.
On December 30, Morgan Stanley increased its shareholding in Bilibili (09626) by 320,149 shares, priced at 144.736 Hong Kong dollars per share, with a total amount of approximately 46.3371 million Hong Kong dollars.
U.S. stocks movement丨Bilibili pre-market rose over 1%, New Year's Eve party live streaming peak popularity exceeded 0.34 billion, reaching a new high.
On January 3rd, Gelonghui reported that Bilibili (BILI.US) rose over 1.1% in pre-market trading, reaching $17.32. In terms of news, Bilibili announced data for the most beautiful New Year's Eve party in 2024, revealing that on the night of December 31, the live-streaming peak popularity exceeded 0.344 billion, setting a new historical high. During the 24 hours that followed the midnight broadcast, the total playback volume reached 0.1 billion, with nearly 0.4 million bullet comments, and the playback volume of related user-created submissions reached 0.135 billion. (Gelonghui)
Bilibili-W (09626.HK) received a Shareholding of 0.3201 million shares of Other stocks from Morgan Stanley, worth approximately 46.3371 million Hong Kong dollars.
On January 3, a report stated that according to documents disclosed by the Hong Kong Stock Exchange on January 3, Morgan Stanley increased its shareholding in Bilibili-W (09626.HK) by 320,100 shares of Other stock at an average price of 144.736 HKD per share on December 30, 2024, amounting to approximately 46.3371 million HKD. After the increase, the latest number of shares held by Morgan Stanley is 16.8116 million, with the shareholding ratio rising from 4.95% to 5.05%. Additional information: The disclosure filing is in.