Netease’s listing price in Hong Kong is HK$123 per share
Large Companies
JD.com listing hearing through the Hong Kong Stock Exchange
According to the documents of the Hong Kong Stock Exchange: JD.com passed the listing hearing of the Hong Kong Stock Exchange.
NetEase’s listing price in Hong Kong is HK$123 per share
Informed sources said that NetEase’s guidance price for listing in Hong Kong is 123 Hong Kong dollars/share, and it plans to raise 21 billion Hong Kong dollars (2.7 billion US dollars). The guidance price is 2% lower than the closing price of US stocks on Thursday. (IFR)
NetEase will close its public subscription on Friday at noon, and the first three days of margin subscription subscriptions will be hot. According to the data of 15 brokers, the accumulated margin amount is about 85.9 billion Hong Kong dollars, which is equivalent to 131.5 times of oversubscription, and the margin value on the third day has increased by about 37 billion Hong Kong dollars. (Hong Kong Economic Daily)
Dada is reportedly priced at US$16 per share to expand the issuance scale
According to informed sources, Dada Group expects that its US IPO issue price will be set at the midpoint of the range, and the number of shares issued will exceed the original plan. According to sources, Dada plans to issue 21 million ADS at a price of 16 USD per ADS, raising 336 million USD, and warned that the price and transaction regulationsThe mode may still change. The company issued 16.5 million ADS shares on Monday, and the IPO pricing range was set at $15 to $17. Dada Group declined to comment. (Reuters)
Ruixing Coffee closed up 56.98%
It was learned that the three major stock indexes closed mixed on Thursday, the Nasdaq closed down 0.69%, the Dow rose 0.05%, and the S&P 500 fell 0.34%. Most of the popular Chinese stocks closed down, of which Alibaba fell 0.26%, Jingdong fell 0.37%, Pinduoduo fell 2.76%, NetEase fell 2.31%, Baidu fell 3.01%, Bilibili fell 1.73%, Ruixing Coffee closed up 56.98 %, Weilai Automobile rose more than 6%.
Hou Yi: Hema mini model has now achieved full profit and will open 100 stores this year p>
I learned that today, Hou Yi, CEO of Hema Xiansheng said, “The Hema mini model has now achieved full profitability. We will open 100 this year. The Hema mini in Beijing will be opened next month, and more than a dozen stores in Shanghai. It will be built at the same time.”
I was informed that Fun Headlines released the 2020 Q1 performance report. The financial report shows that in the first quarter, revenue was 1,411.8 million yuan, an increase of 26.2% year-on-year; the net loss attributable to ordinary shareholders was 543.5 million yuan, compared with 690.3 million yuan in the same period last year. At the same time, the average monthly active users in the comprehensive quarter reached 138 million, an increase of 24.2% year-on-year; the average daily active users in the integrated quarter reached 45.6 million, an increase of 21.5% year-on-year; the average daily online time of users was 62.4 minutes.
Huawei 5G vehicle module is officially commercial
From insiders close to Huawei Car BU, Huawei 5G car module has been officially commercialized. Yesterday, BYD released news on its official WeChat account that its new model, Han, will be a mass-produced model equipped with Huawei 5G technology. This technology is exactly the Huawei 5G vehicle module that supports the peak downlink rate of 2Gbps. This also means that BYD is about to mass-produce cars with 5G communication capabilities. BYD Han officially opened its reservations in April this year. The pre-sale price range after new car subsidies is 230,000-280,000 yuan, and it is expected to go on sale in June. (Tencent News)
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Joerg Steinbach, Minister of Economy of Brandenburg, Germany, said that Tesla will revise its plan for a plant near Berlin to appease environmentalists and ensure that its first plant in Europe can start producing cars in about a year . Previously, the plant was criticized by local residents for deforestation and water use issues. Steinbach said that the new plan submitted by Tesla this week or next week will solve these problems by reducing fresh water demand and wastewater discharge.. Currently, Tesla did not immediately respond to requests for comment. (Zhitong Finance)
Wei Lai Auto: 3436 cars delivered in May 2020
We learned that Weilai Automobile announced that it will deliver 3,436 vehicles in May 2020, an increase of 215.5% year-on-year, and is expected to achieve the second quarter delivery target.
Daimler will restart all Mercedes-Benz car plants from June p>
Daimler will restart all Mercedes-Benz car plants from June. (PengBo)
Facebook launches a new AI tool that can directly identify objects in pictures
Recently, six members from Facebook’s Artificial Intelligence Research Laboratory (FAIR) used the Transformer neural network architecture to create an end-to-end AI tool “DETR” to simplify the process of computer recognition of images. DETR is Facebook’s latest AI program, which aims to find a language model to solve computer vision problems. At present, DETR is more accurate in identifying large objects than small objects. The researchers said: “The current model needs several years to improve to deal with similar problems, and we hope that future work can be successfully solved.” (Peng Pai)
Amazon is in talks to acquire Bharti, India’s largest operator worth at least $2 billion. Based on Bharti’s current market value, if the proposed investment is completed, it will mean that Amazon will acquire about 5% of its shares. The terms of the transaction may change, or an agreement may not be reached. (Reuters)
I learned that iQiyi responded to the user privacy topic that iQiyi has always paid attention to protecting user privacy. The information submitted in this lawsuit is also based on laws, regulations and litigation needs, and is only provided to the court, so that the judge can better Know the facts. In order to better protect the privacy of the parties, we also applied for non-public cross-examination to ensure that the information will not flow to any third party.
Citi lowered the rating of Fun Store from neutral to “Sell”
Citi lowered the rating of Qudian from neutral to “sell”. Analyst Daphne Poon, the company’s core lending business’s operating prospects remain “challenging.” (Bloomberg)
Bai Teng Senior Vice President Ma Dusheng leaves
Bai Teng’s senior vice president of production and operations, Ma Dusheng, left in June this year and turned to join the North American electric truck manufacturer, Nikola Motors, known as Tesla in the trucking industry, as a global manufacturer. Supervisor. Nikolai Automobile confirmed this news, and said that Ma Dusheng has entered the office this Monday, and the company will officially announce it next week. (Future Auto Daily)
Cainiao Network: Tmall 618 Express will increase speed by 30% year-on-year
According to news from Cainiao Network, Tmall 618 Express has increased by 30% year-on-year this year. Consumers in more than 300 cities across the country have accepted the hours, half-days, and same-day services provided by rookie and courier companies.
FAW Toyota: May sales exceeded 70,000 again
According to data released by China FAW on June 4, FAW Toyota sold 72,000 vehicles in May, a year-on-year increase of 2%. In the first five months of this year, FAW Toyota’s total sales volume has reached 269,000. In terms of orders, FAW Toyota achieved an order for 76,900 vehicles in May, with an achievement rate of 105%, a record high. On the retail side, the three new models of Rong Fang, Corolla, and Asian Dragon are all striving for sales. Rong Fang’s sales have reached a record high, and Corolla and Asian Dragon have returned to normal levels. (China Securities Network)
The news says Aston Martin plans to lay off 500 people : Reduce costs and cut sports car output
According to Reuters, British super luxury sports car company Aston Martin plans to lay off 500 people to reduce costs. Aston Martin said that the layoffs are due to the company’s reduction in the original planned car production, while the layoffs will increase the productivity of the entire company, and employees and unions will initiate consultation procedures in the next few days. The companyIn a statement: “Today announced the layoffs to properly adjust the size of the organizational structure, automobile output will be reduced, and costs will also be reduced, so that profits can be restored.” The company expects that the reorganization will save the company about 3800 annually 10,000 pounds, the restructuring cost is about 12 million pounds. (Surging)
Haitong Securities and CICC released a summary report on SMIC’s counseling work, saying that SMIC has the conditions for counseling and acceptance and application for listing on the Science and Technology Board, and there are no legal or policy obstacles. (Yi Cai)
Ziguang Group: The additional capital is expected to be around RMB 10 billion
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Informed sources said that Ziguang Group held a conference call for domestic investors. The company said that the capital increase in the capital increase plan is still subject to actual evaluation and approval by the Ministry of Finance. The increase is expected to be around 10 billion yuan. (Bloomberg)
New Product
Tesla will open a software subscription service
On June 2nd, according to electrek, Tesla will provide a subscription service for “Full Self-Driving Package” at a price of about $100/month. The service is expected to be launched by the end of this year. Earlier, Tesla had begun to charge $9.9/month for its “Advanced Connectivity” feature. (Zhitong Finance)
VW is exposed to start the T mission: Audi CEO at the helm to develop a new model Tesla Fighter
According to the German “Manager Magazine” reported on May 29, in order to accelerate the transformation of electrification, Volkswagen established a special project department, the new project name is “T task “, led by Audi CEO Marcus Dusman, the administrative structure of the project department may be an independent business unit. The T-task project team is planning on 20In 25 years, a new model was launched, using the Audi logo, named Tesla Fighter. The car will use a new electronic architecture, while making improvements to the motor, the mileage may exceed Tesla. (Surging)
General Motors is developing electric trucks, which will begin production at the end of 2021. (Reuters)
Other important news
Chengdu: 20,000 mobile merchants are allowed
Chengdu City Management Committee stated that Chengdu set up 2230 temporary road stalls and booths, allowing 17,147 temporary crossing doors, and allowing 20,130 mobile merchants to increase employment by more than 100,000 people. Chengdu newly added 2,000 people every day to open and close money codes to do small business. Chengdu’s recent introduction of a policy clarified specific methods such as where to arrange stalls, when to arrange it, how to arrange it, and how to handle complaints from citizens. It was found in an institutionalized way. The balance between governance of the city and convenience to the masses. (Securities Times)
It is learned that the Peking University Digital Finance Research Center has calculated through Alipay data that in February, the nationwide individual business turnover fell to 50% of the expected value. Since March, most areas have recovered 80%. The study believes that digital technology has played an important role in promoting the development of self-employed individuals. For every 1% increase in the level of digital credit development, the impact of the epidemic on operations will be reduced by 2.57%. The latest data from Alipay also shows that as of the end of May, there have been 12 million small stores and roadside stalls in the country that have achieved year-on-year growth. After the open market economy is released, an average of hundreds of thousands of people open Alipay to collect money to do business.
According to Japan’s Yomiuri Shimbun, Tokyo Governor Yuriko Koike said today that officials responsible for the 2020 Tokyo Olympics are considering how to reduce the scale of the Olympics that will be postponed next year. The report said that the simplified plan may reduce the number of spectators participating in indoor competitions and reduce the scale of participation in the opening and closing ceremonies. (Global Network)