Read the latest information of the Chinese stocks in 3 minutes
After reading the latest information of the Chinese stocks in 3 minutes, this column is produced by Futu Securities and jointly produced.
Siku received a US$100 million investment from Fun Store, and the stock price soared 52%; Baidu: is working with more than ten provinces and cities on intelligent transportation cooperation; Jinshan Yun’s first quarter revenue was 1.39 billion yuan, an increase of 64.5% year-on-year.
On Wednesday, the stocks collectively surged, following the broader market.
Large Chinese stocks: Alibaba rose 2.00%, JD.com rose 2.00%, Pinduoduo rose 1.26%, NetEase rose 1.45%, Baidu rose 4.87%, good future rose 4.21%, Zhongtong Express rose 2.86%;
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In terms of other Chinese stocks, the biggest gains are: Siku rose 52.56%, Weilai rose 19.15%, Fangtianxia rose 17.43%, such as Han rose 14.92%, Ruixing coffee rose 10.73%;
The Chinese stocks with the largest declines include: Worry-Free English, which fell 16.02%, Xiaoying Technology, which fell 4.05%, and Financial One Account, which fell 3.13%.
Focus review
In the past month, it has been sung by three big companies, Wei Lai has risen 40% this week
Recently, $蔚来(NIO.US)$ won a lot of good singing Following Bank of America and Xiaomo, Goldman Sachs upgraded Weilai’s rating and target price. Goldman Sachs (Goldman Sachs) on Tuesday raised the rating of Wei Lai from “Neutral” to “Buy” and raised its target price to $6.4.
Fei Fang, an analyst at Goldman Sachs, said that the delivery volume of Weilai in the first four months of 2020 increased significantly by 37%. He believes that this highlights the consumerConsumers recognized Weilai Automobile as an emerging brand. China’s auto sales recovered positive growth in April, and the delivery growth rate of Weilai Automobile was higher than average.
Futu Holdings hit a record high, accumulating 63% after performance
$富途控股(FUTU.US)$ share price continued to hit a record high, the market The mid-to-high level reached US$20.13, closing 5.80% higher, and the market value reached US$2.5 billion. Earlier, Futu Holdings announced its first quarter 2020 financial report on May 14, saying that during the period, the company achieved revenue of 490 million Hong Kong dollars, an increase of 107.5% year-on-year; (Non-GAAP) achieved adjusted net profit of HK$161 million, a year-on-year increase of 225.8%.
Futu Holdings has gained 63% since the results were announced.
Siku received US$100 million investment from Fun Store, and its stock price soared 52%
June 3rd, $趣店(QD.US)$ and luxury goods The service platform $寺库集团(SECO.US)$ jointly announced that there will be as many fun stores as possible At a price of US$100 million, up to 10.2041 million newly issued Class A ordinary shares will be subscribed to Siku. After the transaction is completed, Qudian will hold approximately 28.9% of the shares in Seco, becoming the latter’s largest shareholder. In addition, the two parties will carry out comprehensive strategic cooperation in the field of global luxury e-commerce. Affected by this news, Siku’s stock price soared.
This is the first time that Qudian has launched its own self-operated cross-border luxury e-commerce platform, Wanlimu, and once again invested heavily in luxury e-commerce.
Pin Duoduo took the lead in subsidizing Wuling “land stall car”: 3000 yuan per subsidy
On the evening of June 3, $拼多多(PDD.US)$ was officially announced The “Wuling Rongguang Sales Truck” was launched. The first batch of online sales trucks totaled 100 units. Pinduoduo will subsidize a 3,000 yuan fuel card for each vehicle. At the same time, Pinduoduo also launched a “ground stall necessary” subsidy area, for the first time including Wuling trucks, outdoor fans, flashlights and other “street stall artifacts” into 618 subsidies.
According to reports, Pinduoduo has launched the “Special Subsidy for Land-sharing Economy”, which on the one hand helps individuals to start low-cost businesses, on the other hand, it also guarantees consumers to enjoy the fun of “online night market shopping.”
In addition, Pinduoduo’s share price reached a record high on Wednesday, with a market value of US$81.6 billion.
Baidu: Smart transportation cooperation with more than ten provinces and cities
Smart car link and smart transportation are $baidu(BIDU.US)$Apollo Important business direction, at the media communication meeting on June 3, Li Zhenyu, vice president of Baidu Group and general manager of the intelligent driving business group, introduced the intelligent transportation business. Allegedly, Baidu Apollo is currently carrying out intelligent transportation cooperation with more than ten provinces and cities in China. During the epidemic, Baidu Apollo and ecological partners launched 104 unmanned vehicles in 17 cities. Baidu closed up nearly 5% on Wednesday.
Baidu Apollo official website
Jinshan Cloud’s first quarter revenue was 1.39 billion yuan, a year-on-year increase of 64.5%
$金山云(KC.US)$ announced the 2020 First quarter financial report. According to the report, Jinshan Yun’s total revenue for the first quarter was 1.391 billion yuan, an increase of 64.5% year-on-year; the net loss was 331.6 million yuan, compared with 201.4 million yuan in the same period last year. This is the first financial report released by Jinshan Yun after it went public in the US.
Source of market: Futu Securities >
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