Good morning everyone, today is Tuesday, November 17th.
Not much to say, hurry up and follow Tiger Sniff Morning Post to see what major events are worth paying attention to:
Baidu will acquire YY domestic business for US$3.6 billion in cash
@上海科技【Baidu To acquire Huanju Times for US$3.6 billion in cash] Baidu announced today that it will acquire Huanju Times’ live broadcast business in China for US$3.6 billion in cash, which is currently expected to be completed in the first half of 2021.
Baidu has signed a definitive agreement with JOYY Inc. (“JOYY”). According to the agreement, Baidu will acquire YY’s domestic video-based entertainment live streaming business in China, including YY mobile applications, YY.com website, and PC YY, with a total purchase price of approximately US$3.6 billion in cash.
Baidu said that the completion of the transaction is subject to certain conditions and is currently expected to be completed in the first half of 2021.
Vaccines continue to help the Dow hit new highs
@第一金融【Vaccines continue to help the Dow hit new highs, Tesla will enter the S&P 500 after the market soaring] US stocks closed up collectively on Monday.The experimental vaccine data released by oderna shows that the vaccine is 94.5% effective in preventing new coronary pneumonia, further boosting investors’ expectations for economic recovery. The Dow Jones Industrial Average rose 470 points, or 1.6%, to a record closing high. The S&P 500 Index rose 1.16% to 3626.9 points; the Nasdaq Composite Index rose 0.8% to 11924.1 points.
Let’s pay attention to financial news again:
Some companies released their third-quarter financial reports early this morning
@今日科技【Baidu Release of the third quarter financial report: revenue of 28.2 billion yuan, net profit of 13.7 billion yuan] Baidu (Nasdaq: BIDU) today released its unaudited financial report for the third quarter of fiscal 2020 ending September 30. According to the report, Baidu’s total revenue in the third quarter was RMB 28.2 billion (approximately US$4.16 billion), an increase of 1% compared with the same period last year, and an increase of 8% compared with the previous quarter; third-quarter net profit was RMB 137 Billion yuan (approximately US$2.02 billion), compared with a net loss of 6.4 billion yuan in the same period last year, an increase of 282% compared to the previous quarter.
@上海科技【Love Qiyi’s third-quarter revenue was 7.2 billion yuan, and its net loss narrowed significantly year-on-year] iQiyi (Nasdaq: IQ) today released an unaudited financial report for the third quarter of fiscal 2020 ending September 30. According to the report, iQiyi’s total revenue in the third quarter was RMB 7.2 billion (approximately US$1.1 billion), a year-on-year decrease of 3%; the net loss was RMB 1.2 billion (approximately US$173 million), compared to last year The net loss for the same period was RMB 3.7 billion, which was significantly narrowed year-on-year.
@今日科技【The third quarter revenue of Shell House Search was US$20.5 billion, and its net profit decreased by 80% year-on-year] Shell House Search (NYSE:BEKE) announced today the company’s fiscal year 2020 as of September 30 The unaudited financial report for the third quarter is also the company’s first quarterly financial report since its IPO (initial public offering). According to the report, the net revenue of Shell Search in the third quarter was RMB 20.5 billion (approximately US$3 billion), an increase of 70.9% compared with RMB 12 billion in the same period last year; net profit was RMB 75 million (approximately 1,100 Million US dollars), a decrease of 80% compared with RMB 384 million in the same period last year.
Pinduoduo plans to issue US$1.75 billion convertible bonds and plans to issue 22 million ADSs
@上海金融[Spell Duoduo plans to issue US$1.75 billion convertible bonds and plans to issue 22 million shares of ADS] Pinduoduo (NASDAQ: PDD) announced after the US stock market that it plans to issue US$1.75 billion convertible senior bonds. The company will also give the underwriters of the bond issuance 30 days to exercise the over-allotment right to purchase an additional US$250 million in bonds. Based on this speculation, if the underwriter exercises the over-allotment right, Pinduoduo’s convertible bond issuance will reach US$2 billion.
At the same time, Pinduoduo plans to publicly issue 22 million American Depositary Shares (ADS) through registered underwriting. The company will also give the underwriters 30 days to exercise the over-allotment right to subscribe for additional 3.3 million ADSs. Each ADS is equivalent to 4 shares of Class A common stock, each with a par value of US$0.000005. Based on this speculation, if the underwriter exercises the over-allotment right, the issuance of up to 25.3 million ADS shares.
Tsinghua Unigroup and Brilliance Group announced breach of contract on the same day
@彭博贸易周刊[Unisex and Brilliance Group announced on the same day Default, the credit status of Chinese state-owned enterprises is worrying] State-owned enterprises that have recently disturbed the turbulent credit market in ChinaWith two more employees, one of the largest chip manufacturers and a major automaker announced a debt default on Monday.
Then the domestic news prepared for everyone:
The Meng Wanzhou case resumes hearing again
@中国日报【Meng The hearing on the Wanzhou case resumed again for 10 days] On Monday, local time, the hearing on the Meng Wanzhou case resumed in Vancouver, Canada. Through cross-examination of Canadian law enforcement officials and border officials by Meng Wanzhou and Canadian government lawyers, Meng’s lawyer tried to prove that the arrest procedure violated her rights and sought to reject the extradition request on the grounds of abusing the procedure. The 10-day hearing is a continuation of the hearing at the end of October. At that time, the hearing was overdue and it was necessary to arrange for the hearing to continue. It is reported that the extradition hearing is scheduled to end in April 2021, but the appeal may delay the case for several years.
“National K Song” was investigated for pornography and vulgarity
@央视网【“Nationwide K Songs” involving pornography and vulgarity was investigated and punished, and the “friends and accompany play” function was offline] The national “anti-vice and illegal” office announced on the 16th that recently, the national “anti-vice and illegal” office deployed Guangdong Province to “anti-vice” The anti-illegal department investigated and dealt with prominent problems such as the spread of pornographic and vulgar songs on the “National K Song” App and the futility of the youth model. The “Anti-pornography and Anti-illegal” Office of Guangdong Province and the Provincial Cyberspace Administration of China jointly interviewed Tencent and ordered a comprehensive rectification; Shenzhen Nanshan District Culture, Radio, Television, Tourism and Sports Bureau imposed corresponding administrative penalties on Tencent Music Entertainment (Shenzhen) Co., Ltd., which operates “National K Songs” .
The couple were sentenced to embezzling their husband’s deceased wife’s identity to register their children in Beijing
@北京日报【In order to let the children go to school in Xicheng, the couple embezzled the identity of the husband’s dead wife Sentenced for applying Beijing Hukou for his child] In order to allow the child to settle in Xicheng for school, the man Li and his wife did everything they could to. The two actually stole the ID of Li’s late wife to the hospital to establish a file to apply for the birth certificate and household registration of the children. The two men’s tricks were eventually found out by the police. The reporter learned today that the Xicheng Court sentenced Li to detention for 3 months, suspended for 1 year, and fined 2,000 yuan for stealing identity documents. Li’s wife was sentenced to 2 months in detention, suspended for 1 year, and fined 2,000 yuan.
The TV series “Warlord of Thunder” is discontinued
@广Grid【The TV series “Thunder Fighter” is suspended, It was removed from the shelves, and the central media issued a nomination criticism.] Because of excessive idolization of the anti-Japanese war drama, the TV series “Warrior Thunder” was pushed to the forefront. Just today (16th), some viewers discovered that the show had been taken off the shelves of iQiyi, Tencent Video and other websites.
“Warrior of Thunder” premiered on satellite TV on November 3. After the broadcast, there have been many controversial plots and designs, such as the excessively neat appearance of the actors, the hair with a lot of hair spray, and the fact that they are still on the battlefield. Don’t forget the cigar design.
On the 15th, “People’s Daily · People’s Sharp Review” issued a naming criticizing the play, saying that the play “applied idol drama routines in anti-Japanese war dramas”, “in film and television dramas, the habits of young people and innovative expressions are not considered No, but the prerequisite is to respect history and not to take the sideline. Only with awe, respect for history, and respect for the audience can we shoot truly grounded film and television works.”
It is understood that the current Hunan Satellite TV Weekly Theater has also stopped broadcasting “Warrior Thunder”.
Finally, international news:
Trump once again tweeted that he won the election
@北京日报【Just now, Trump posted again: I won General Election] Trump also tweeted that “I won the election” at 0 am Eastern Time on the 16th. However, his tweet was later labeled by Twitter officials as “different from the official source’s judgment on this election.”
Trump will issue an order this week: further withdrawal from Afghanistan and Iraq
@surgent【Trump will issue an order this week: further withdrawal from Afghanistan and Iraq ] On November 16, local time, CNN reported that Trump will issue an official order this week to further withdraw troops from Afghanistan and Iraq. According to two senior military officers, the Pentagon has issued an order to the top local commander and plans to withdraw 2,500 troops from Afghanistan and Iraq before January 15.
Bringing U.S. troops home is the theme of Trump’s presidential campaign this year. Trump tweeted on October 7: “Before Christmas, we should let all brave soldiers in Afghanistan go home. !” There are currently about 4,500 US troops in Afghanistan, which means that Trump is still unable to fulfill his promise to withdraw all US troops from Afghanistan in January next year.
The United States increases sanctions against Iran
@央视网【The United States increases sanctions against Iran, and foreign media: set a “hurdle” for Biden to ease US-Iran relations ] On the 15th local time, U.S. Secretary of State Pompeo issued a statement announcing that further sanctions will be imposed on Iran this week. The senior U.S. official will also visit Israel, the UAE and other Middle Eastern countries in the near future. According to reports, Pompeo Ou’s visit is not only aimed at Iran, but also to “dig a hole” for President-elect Biden, who is about to enter the White House, so that after the latter comes to power, it will be difficult for Washington to improve relations with Tehran.
Avian influenza outbreak in eastern Jutland, Denmark
@上海金融[25,000 chickens to be killed, poultry outbreak in eastern Jutland, Denmark Influenza] On November 16, local time, the Danish Radio and Television (DR) reported that there were 25,000 chickens to be killed in the chicken farm in Randers, Denmark, because they were affected by the severe H5N8 avian flu. infection. This means that exports of poultry and eggs to countries outside the EU must be stopped for at least three months, and exports to EU countries can continue as usual.
Atletico Madrid striker Suarez diagnosed with new crown
@QQ.com [Suarez is diagnosed with the new crown, and Messi’s The duel was lost, no revenge for Barcelona] On November 17, Beijing time, from the official news of the Uruguay national team, in the latest nucleic acid test, Suarez’s new crown test result was positive. The player himself is in good physical condition. He has followed The provision of isolation means that he will miss the World Preliminary match with Brazil next, and the La Liga game against Barcelona this weekend is also missed.
The above is the entire content of today’s Tiger Sniff Zaobao. See you soon for more news.