U.S. Stock Market Close | The U.S. stock market faced its largest weekly decline in five years, with the Nasdaq entering a technical bear market; large Technology stocks continued to fall, with Tesla dropping more than 10%.
The S&P 500 fell nearly 6%, marking the largest decline in five years, while the Nasdaq dropped 10% over the week. The yield on two-year U.S. Treasuries plunged more than 20 basis points during the session, but was briefly erased after Powell's speech. After Powell's remarks, USD increased by more than 1%. Following Trump's signing of the TikTok waiver, Bitcoin rebounded nearly $3,000 at one point. Crude Oil Product hit a three-year low, with U.S. oil plummeting nearly 10% at one time. During the session, spot Gold fell more than 3%, while Silver futures dropped nearly 9%, and Copper fell over 9%.
Decoding the IPO of United Power: The potential and challenges of Xiaomi and Ideal's electric drive business.
Ride the wind New energy Fund
Three Squirrels Inc. responds to its Hong Kong listing: the raised funds will mainly be used to deepen the supply chain layout and other aspects | Direct coverage of the Earnings Conference.
① The Chairman of Three Squirrels Inc., Zhang Liaoyuan, stated that the funds raised from the Hong Kong IPO will primarily be used to deepen the Global supply chain layout, promote the expansion of online and offline sales channels, enhance digital capabilities and Technology-driven innovation, as well as for strategic investments and mergers and acquisitions; ② Zhang Liaoyuan also mentioned that by 2025, the company will add a base in South China to adapt to the regional and localized category factory layout, increasing the self-production ratio of nuts and snacks.
Fudan system's JuFu Technology has started IPO guidance, with Zhejiang Wanma and Lenovo Star participating in the investment.
① Jufu Technology is the only company in the world to have received the 3D Printing Industry Annual Material Enterprise Award twice, and it is also the only company in China to receive this award. ② The A-share listed company Zhejiang Wanma once participated in its Series B financing, and so far it also holds 8.7882% of Jufu Technology's shares, making it the second largest Shareholder of Jufu Technology.
[Data Analysis] Institutions are intensely competing over Luxshare Precision Industry, with a significant decrease in the activity level of Algo funds.
① The limit-down Luxshare Precision Industry was bought by four institutions for 0.593 billion, while it was sold by four institutions for 0.443 billion. In addition, multiple Consumer Electronics and high export proportion Concept stocks were sold by institutions. ② The activity of Algo funds decreased today, with a clear reduction in the amount and number of stocks being bought and sold.
Little K broadcasts the morning news | Contemporary Amperex Technology denies that the accident vehicle of Xiaomi is equipped with its Battery. OpenAI releases AI Agent evaluation benchmarks.
① Four departments: Shanghai and nine other cities included in the first batch of pilot zones for large-scale applications of vehicle-network interaction; ② Hubei: Focused support for the cultivation of trillion-level clusters in fields such as Wuhan Asia Vets connected Autos; ③ ShanDong: Plans to issue three action plans integrating culture and Technology, Brain-computer Interface, and quantum Technology.