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BIU SEP4 News
The U.S. stock market hit a new high again, with Chinese concept stocks and cryptos surging! Waiting quietly for the "crucial moment".
After the overnight Dow Jones Industrial Average and S&P 500 index hit new highs in intraday trading, the Japanese stocks also opened strongly.
"Market views" Hang Seng Index fell slightly, with a turnover of just over 47.9 billion yuan. Meituan and Kuaishou surged.
The mainland stock market will be closed during the Mid-Autumn Festival holiday (it will reopen this Wednesday), and the Hong Kong stock market is fluctuating positively today. Investors are waiting for the Fed's rate cut meeting this week. The Dow Jones and Nasdaq both rose 0.7% last Friday. As of the time of writing, the yield on the US 2-year bond fell to 3.553 basis points, the yield on the US 10-year bond fell to 3.644 basis points, the US dollar index fell to 100.7 levels, and the Japanese yen rose above 140 levels for the first time since July last year. The yen rose 0.72% to 139.8 against the US dollar. Dow futures rose 55 points or 0.13%, while Nasdaq futures fell 0.02%. Japan, South Korea, and the mainland stock markets are all on holiday.
"New Stocks" applies for Hong Kong listing again, baidu (09888.HK) holds nearly 12.5% of the shares.
Baidu (09888.HK), which holds nearly 12.5% of the shares, has submitted its third application for listing in Hong Kong on the Healthy Road. CICC International is the exclusive sponsor. On June 24, the Healthy Road received a notice of overseas issuance and listing from the China Securities Regulatory Commission, and plans to issue no more than approximately 0.109 billion shares of overseas listed common stock. The Healthy Road is one of the largest digital health veterinary services platforms in China. As of the end of June, the company's registered personal users on the platform reached 0.195 billion, registered veterinarians reached 0.8772 million, and connected hospitals reached 11,727. In the first six months of this year, revenue increased by 14.5% year-on-year to over 0.61 billion RMB, and losses narrowed by 4.
Hang Seng Index rose 167 points in the morning, with gains from Meituan and Xiaomi. Mainland real estate and pharmaceutical stocks also went up.
The market anticipates a rate cut in the United States next week, with the Dow rising 235 points or 0.6% overnight, and the Nasdaq rising 1%. Hong Kong stocks rose in early trading, with the Hang Seng opening 57 points higher. It briefly rose 300 points to 17,542 points and rose 167 points or 1% by midday, closing at 17,408 points. The HSCI rose 25 points or 0.7% to 3,501 points. The total turnover of the market reached 51.979 billion yuan in the first half of the day.
Baidu's Zhao Shiqi: The "Wenxin Intelligent Body" platform has successfully completed the commercial closed-loop, and more than 0.02 million intelligent bodies have started helping developers make money.
September 12th, 2024 | The Baidu Alliance Conference is being held in Shenzhen today. Zhao Shiqi, Vice President of Baidu and General Manager of Baidu Search, delivered a speech, stating that smart bodies are gradually becoming the next blue ocean of traffic, providing excellent opportunities for companies to overtake in the curve. Only distributed smart bodies can truly bring value, and the combination of 'search + smart bodies' will have a profound impact on the AI wave and future business. After more than a year of development, the Wenxin intelligent body platform has run through the full commercial closed loop of smart bodies 'development-distribution-monetization', achieving universal development, distribution, and benefits for everyone. Currently, the Wenxin smart
Express News | Baidu Ding Zongyao: Baiting 2024 DAU coverage exceeds 0.8 billion.
Express News | Baidu Xue Su: Millions of intelligent agents have been distributed in the new search text.
The Transportation Committee visited the baidu Apollo Park and the nio inc delivery center yesterday.
The Legislative Council Transport Panel inspection team visited the Baidu-SW (09888.HK) Shanghai Apollo Park yesterday morning (11th) to learn about the latest development of Baidu's smart connected car ecosystem and self-driving technology. They also had discussions with representatives from the park on fleet deployment, market promotion, and the safety of self-driving transportation. The inspection team then visited the Shanghai New Energy Automobile Public Data Collection and Monitoring Research Center to understand the operation of the country's first real-time data monitoring platform for new energy automobiles. They also visited the NIO-SW (09866.HK) delivery center to promote the efficiency of electric vehicle charging and related matters.
Express News | Baidu applied for the trademark "Baidu Netdisk AI photo editing".
Express News | Robin Li's internal speech: In the future, the gap in large models will widen, still far from the ideal.
Extreme 07 is on sale, starting at a limited-time discounted price of 0.1999 million RMB.
Polestar announced that the Polestar 07 is officially launched, introducing three models including the standard version, the long-range version and the performance version. The official guide price ranges from 2.099 million to 2.999 million RMB (same below), and the current limited-time purchase offer price ranges from 1.999 million to 2.899 million RMB. Minimum zero down payment, 12 to 60 month financing plan with low annual interest rate starting from 1.99%. According to the domestic media, attendees at the Polestar 07 press conference include Baidu (09888.HK) Chairman and CEO Robin Li, Contemporary Amperex Technology (300750.SZ) Chairman and CEO Zeng Yuqun, as well as Nio Inc (09866.
The Hang Seng Index fell 247 points, with property and commodity stocks leading the decline. Nio Inc. rose 13%.
Market concerns about the economic outlook of China and the usa, with the usa adding 0.142 million non-farm jobs in August, falling short of expectations, and China's CPI rising 0.6% year-on-year in August, lower than expected, while PPI fell 1.8% year-on-year, exceeding expectations. The Hang Seng Index (9th) fell. The Hang Seng Index opened low by 182 points and the decline expanded. In the afternoon, it fell by 376 points to 17,067 points, down 247 points or 1.4% for the whole day, closing at 17,196 points; the National Index fell by 102 points or 1.7%, closing at 6,002 points; the Hang Seng Tech Index fell by 51 points or 1.5%, closing at 3,436 points. The Hang Seng Index series quarterly review and weight adjustment take effect today, with the full-day market turnover.
Express News | The market leader of Wenxin denies giving up on the general large model.
Express News | Heming He, Senior Vice President of Baidu Group: Baidu Medicine has become one of the top 3 clinical trial recruitment platforms in the country.
Tesla's autonomous driving technology is expected to be launched in Q1 next year, which Hong Kong stocks are likely to benefit?
① What is the current situation of Tesla's autonomous driving technology? ② How do institutions view autonomous driving technology?
Market Chatter: Midea Group's Hong Kong IPO Seen to Be Largest Since 2021
Hong Kong Stock Market Concept Tracking | Will tesla (TSLA.US) FSD enter China in the first quarter of next year? is expected to stimulate domestic smart driving "catfish effect" (with concept stocks)
On September 5th, Tesla (TSLA.US) AI team released a product roadmap, which expects to launch Fully Self-Driving (FSD) in China and Europe in the first quarter of 2025, but still pending regulatory approval.
Market Chatter: Baidu Rebrands AI Bot in China
Express News | On the first day of the upgrade, Baidu Wenxiaoyan attracted millions of users, with 80% experiencing exclusive features of free subscriptions.
The internet giants have broken down the walls! The three giants have deepened their interconnection on the same day.
Since 2021, the trend of "internet plus-related" has become a trend in the internet industry, and with the peak of traffic dividends, big companies continue to seek incremental growth, so following the trend of "internet plus-related" is an inevitable choice. Taobao introducing WeChat Pay, Meituan Takeout and hotels opening Alipay mini-programs can be seen as important milestone events in payment integration.