Express News | BYD Company: In October, the sales volume of electric vehicles reached 502,657 units.
China's Factory Activity Returns to Expansion in October
Sudden Impact | Xiaomi's stock price rose more than 2%, reaching a new high for the year. In October, the delivery volume of SU7 exceeded 0.02 million units.
On the news front, Xiaomi Autos recently announced that in October, the delivery volume of Xiaomi SU7 exceeded 20,000 units, with a single-month delivery volume exceeding 0.02 million units for the first time, and it is expected to achieve the annual delivery target of 0.1 million units ahead of schedule this month.
Daily Bull and Bear | Hang Seng Index futures rose to 20,432 points, up 115 points; the trading proportion of bearish warrants slightly increased, inflow of light positions funds into Hang Seng Index, Tencent.
Overnight, hsi futures current closed at 20,432 points, up 82 points or 0.40%, with a high of 115 points.
Alibaba Cloud rekindles its ambitions.
Ride the wave of AI.
Alibaba's stock price has risen by 25% in the past three months, institutions still remain bullish.
Many bearish factors are turning into bullish ones.
Cui Dongshu: In September 2024, China's share of the global autos market will be 36%.
On October 31st, Cui Dongshu stated that the global autos sales in September 2024 reached 7.72 million units, a 4% year-on-year decrease, and an 8% increase from the previous month of August.
Express News | Alibaba: On October 30th, spent approximately 19.9884 million U.S. dollars to repurchase 1.6144 million shares.
The phone is starting "auto-driving", ordering 2000 cups of coffee in one sentence? Consumers may have difficulty replicating.
Honor CEO Zhao Ming said a sentence to YOYO assistant, and successfully placed an order for 2000 cups of coffee.
China's Manufacturing PMI Rises Above Expectation in October
Rules for the normalization of existing house loan interest rates have arrived! Understand with one article.
1. Preliminary statistics show that as of October 28, 21 national banks have completed batch adjustments, totaling 53.667 million transactions, reducing the stock mortgage interest rates by 25.2 trillion yuan. 2. After this round of batch adjustments, the stock mortgage interest rates have dropped to 3.3%. If the gap between stock and new mortgage interest rates exceeds 30 basis points, it will trigger a new round of reductions in stock mortgage rates.
Stocks soar by about 4%! Xiaomi 15 phones officially went on sale today, with Goldman Sachs and Citigroup both raising their target prices.
On the news front, Xiaomi held a new product launch event on October 29, unveiling the new flagship "Xiaomi 15" series, and officially started selling the Xiaomi 15 series phones at 10:00 on October 31, starting at 4499 yuan.
Daily Bull Bear | Hang Seng Index night market slightly up, with a net inflow of 0.14 billion Hong Kong dollars to the good warehouse! Morgan Stanley: Tencent tests the low since mid-October, with market funds tending to deploy rebounds.
On Wednesday, the Hang Seng Index opened low and closed lower, ending the day down 1.55% at 20,380 points, reaching a high of 20,681 and a low of 20,270 during the day. Overnight, HSI futures current closed at 20,511 points, up 71 points or 0.35%, reaching a high of 130 points.
Futu Morning Post | Citigroup strategist talks about the 'Trump winning trade', a good opportunity to profit from the surge in US stocks; AI capital spending continues to expand! Microsoft, Meta both fell after hours.
USA Treasury Department's heavyweight quarterly refinancing announcement: Maintain long-term bond auction scale and guidance unchanged; the U.S. presidential election is undecided, the dollar hedging cost has risen to the highest since 2022; it will impact 3000 dollars next year! Goldman Sachs raises gold price expectations, stating that central bank demand expectations have quadrupled.
U.S. stocks closed | The three major indexes all fell, technology stocks weakened, super micro computers plummeted over 32%, AMD dropped over 10% after earnings; overall decline in Donald Trump concept stocks, DJT fell over 22%.
The economic data in the USA is mixed, with the market adjusting down significantly to expectations of a large interest rate cut by the European Central Bank and rate cuts by the United Kingdom in December. US stocks fell across the board, with the chip index dropping by over 3%, nvidia falling by over 3% at one point, Chinese concept stocks dropping by over 2% before halving the decline, and li auto inc turning upwards by nearly 2%.
PDD Shares Are Trading Lower Following Reports Suggesting the EU Will Probe Temu.
New move by Douyin Takeout! Incorporating the 'Follow Your Heart Group' model into both in-store and delivery services.
① The Douyin takeaway delivery business was established in 2023. ② Starting from November 1, 2024, Douyin platform will upgrade the original "group purchase delivery" business to "freedom group", and the upgraded group purchase coupons will support offline in-store and online takeaway redemption at the same time.
Temu To Face EU Probe Over Handling Of Illegal Product Sales
The operating conditions of the top three quarters of the six major state-owned banks have all been revealed, with a total consolidated net profit exceeding 1 trillion and a daily profit of 3.867 billion, and the overall asset quality is sound.
As of October 30, the third quarterly reports of the large state-owned banks have been disclosed. Among the six large state-owned banks, the revenue of ICBC, CCB, and Bank of China in the first nine months decreased year-on-year. Industrial and Commercial Bank of China, Bank of Communications, and China Construction Bank data show that the proportion of time deposits is still increasing.
Express News | byd company's Q3 net income was 11.607 billion yuan, an 11.47% year-on-year increase.