CITIC SEC discusses the delisting of Chinese concept stocks: it will not change the intrinsic value of the companies and will bring incremental liquidity to the Hong Kong stock market.

CITIC SEC: We do not believe that the Hong Kong stock market is unable to accommodate a large-scale return of Chinese concept stocks. On one hand, the liquidity of the Hong Kong stock market has clearly improved, and on the other hand, the forced (Delisted) of stocks in the US actually shifts trading to the Hong Kong stock market, bringing incremental liquidity to the Hong Kong market.

CITIC SEC research10:57

Daily Bull and Bear | The Hang Seng Index night futures are trading at a premium of 180 points, the latest bull-bear street ratio is 73:27; Alibaba experienced a nearly 4% pullback yesterday, with one bear certificate generating over 3 times profit.

As of Tuesday's close, the total market turnover was 219.845 billion HKD, with a total turnover of 19.171 billion HKD for all warrants and callable bull/bear contracts, accounting for 8.7% of the market turnover, of which the long positions accounted for 5.9%, and the short positions accounted for 2.8%. The net Outflow for all warrants was 0.937 billion HKD.

Futu News08:37

In the first quarter, earning over 0.1 billion daily, JD.com CEO Xu Ran stated that short-term investments are still needed for food delivery, and the order volume will soon exceed 20 million orders | Directly report on the Earnings Conference.

① In terms of takeout data, Xu Ran revealed at the Earnings Conference that the number of registered merchant stores has exceeded one million, and the average daily order volume has not exceeded 20 million orders so far. ② For JD.com, which aims to continue breaking through the traffic ceiling, takeout has helped achieve user growth and interaction.

cls.cn08:12

U.S. stock market close | Chip stocks supported the S&P to recover all declines this year, NVIDIA rose over 5%; Palantir surged over 8%, reaching a new all-time high.

Chip stocks led by Technology stocks supported the further rise of the two major U.S. stock indices, while the Medical insurance giant UnitedHealth suffered a heavy loss, dragging the other major index, the Dow, down.

wallstreetcn07:14

JD.com Clocks Strong Q1 Retail And Logistics Growth Fueled By Cash Burn

Benzinga00:49

Express News | Some China Concept Stocks have risen, with JD.com up nearly 4% after earnings, PDD Holdings up nearly 3%, and Ctrip up more than 1%.

BreakingsMay 13 22:43