Market Movement Update | Kingsoft Cloud surged over 8%, skyrocketing 230% since November! KINGSOFT signed a new framework agreement with Xiaomi.
Kingsoft Cloud rose over 8%, having accumulated a strong increase of 230% since November. On November 19, Kingsoft Cloud announced that KINGSOFT has signed a new framework agreement with Xiaomi, with the annual upper limits suggested in the framework agreement for 2025-2027 being 2.31 billion yuan, 3.138 billion yuan, and 4.035 billion yuan respectively. GF SEC expressed a bullish outlook on the subsequent demand for computing power as Xiaomi deeply integrates AI into its ecosystem.
Express News | Tencent saw a rise at the beginning of the trading session, currently up more than 2%; Tencent Related stocks are rising, with WEIMOB INC's increase expanding to 19% and Youzan rising over 10%.
On the first day of trading, with over 660 operating stores, "The IPO on the Tip of the Tongue" Xiaocai Garden opened high, rising nearly 6%, with a total market value exceeding 10.5 billion Hong Kong dollars.
Futu News reported on December 20 that Xiaocai Garden opened high on its first day, rising by 5.88%, with a reported price of 9 Hong Kong dollars, a transaction volume of 13.156 million Hong Kong dollars, and a total market value of 10.589 billion Hong Kong dollars.
Driving up the stock price of Weimeng! What does the gray test of the "gift-giving" feature on WeChat Mini Shop mean?
Similar to the combination of "red envelope" with social and payment functions, "giving gifts" provides imaginative space for the integration of social network transformation and e-commerce. In the third quarter of this year, the e-commerce business of WeChat mini stores was written into Tencent's Earnings Reports for the first time. China Securities Co.,Ltd. estimates that the "giving gifts" function holds significant strategic importance in unlocking the GMV space of WeChat e-commerce.
Dark market news丨 "The IPO on the tip of the tongue" Xiaocaichang rises by 0.71%, with a transaction amount exceeding 2.3 million Hong Kong dollars.
Futu News reported on December 19 that $Xiaocaiyuan(00999.HK)$ has opened for dark trading today, closing up X%, at X Hong Kong dollars, with a transaction volume of X ten thousand Hong Kong dollars, and a total market value of X billion Hong Kong dollars; each lot consists of 800 shares, not including transaction fees, with a profit of X Hong Kong dollars per lot. Market information source: Futu Securities > Investment highlights include a rich, diverse, and high-quality product portfolio: the company is dedicated to continuously practicing product diversification and optimization, ensuring it stays at the forefront of Consumer trends. The company believes its long-term success and growth will primarily depend on its ability to understand health trends and Consumer needs, as well as identify suitable suppliers to produce products that meet the needs of end customers.
Dark market intelligence丨The Anhui cuisine chain restaurant "Little Vegetable Garden" rose by 1.18% in the dark market, with a transaction amount exceeding 0.4 million Hong Kong dollars.
Futu News reported on December 19 that today's dark market opened flat, currently rising by 1.18%, trading at 8.6 Hong Kong dollars, with a transaction amount of 0.4176 million Hong Kong dollars.