In the past two months, the US bond market has experienced ups and downs - in early October, the market began a wave of selling US bonds, which was rare in the history of the bond market. The yield on the 10-year US bond, the anchor of global asset pricing, broke through the 5% mark on October 20th, marking the first time in 16 years and attracting global attention. Subsequently, as traders increased their confidence that the Federal Reserve had completed rate hi ... 阅读全文

Under the increasingly consistent expectation of interest rate cuts in the market, this week the US stock market continued to rise despite Powell's hawkish remarks, and the overall European stock market also turned red. Multiple institutions believe that the timing and magnitude of the Federal Reserve's interest rate cut should not be underestimated at present. It is recommended to plan for loose trading in advance, and the Federal Reserve may appropriately lower ... 阅读全文

According to multiple foreign media reports such as Agence France Presse and Reuters on December 1st, the US government announced a proposed new rule on tax reduction for electric vehicles, explaining which electric vehicles are eligible for tax reduction and restricting electric vehicle manufacturers from purchasing battery materials from China or other competing countries.

Global highlights for next week: US non-farm data weighing heavily. The Bank of Australia and Canada will announce interest rate decisions. This week, the three major US stock indexes achieved four consecutive weekly gains, which can be said to be "radiant" compared to the decline from July to October. Market analysis suggests that the main reason is that investors are increasingly believing that the Federal Reserve will not raise interest rates again, and may ev ... 阅读全文

The sales volume (or delivery volume, the same below) of the new car making force in November has arrived as scheduled. As the New Year approaches, major car manufacturers are competing against each other to determine who is more competitive. They are not only competing for the speed of car manufacturing, but also for the speed of delivery and the speed of publishing their performance reports. Overall, there are many highlights of the new domestic car making forc ... 阅读全文

Amazon and SpaceX Sign Launch Contract Amazon announced on December 1st that it has signed a contract with SpaceX to launch Falcon 9 and will collaborate on three launches to support Project Kuiper's deployment plan.

On December 2nd, Virgin Galactic founder Richard Branson ruled out the possibility of investing more funds into the company, stating that his business empire "no longer has the strongest financial resources.".

On the evening of December 1st, A-share listed companies Yuantong Express, Red Star Macalline, and Liren Beauty successively released equity change reports, stating that their shareholders holding more than 5% of the shares, Alibaba (China) Network Technology Co., Ltd., transferred their shares in the listed company to the newly established concerted action company - Hangzhou Haoyue Enterprise Management Co., Ltd. After the transaction is completed, Alibaba Netwo ... 阅读全文

After the transfer of shares of Shentong Express from Alibaba to Cainiao, three more A-share companies have changed their shareholders from Alibaba (China) Network Technology Co., Ltd. (hereinafter referred to as "Alibaba Network") to the newly established Alibaba based company "Hangzhou Haoyue", in order to achieve the goal of "Alibaba Network highlighting its main business and independent development of non main business". For Alibaba, "exchange without return" ... 阅读全文

On December 1st, Alibaba Cloud held a Tongyi Qianwen press conference and announced that Alibaba Cloud's Tongyi Qianwen 72 billion parameter model Qwen-72B would be open source. At the same time, Tongyi Qianwen has also opened up the 1.8 billion parameter model Qwen 1.8B and audio large model Qwen Audio.

On December 2, it was reported that Wal Mart, the largest retailer in the United States, had stopped advertising on social media platform X, becoming the latest large company to do so. A Wal Mart spokesman said, "We didn't put ads on X because we found other platforms to better reach our customers.". She refused to disclose the effective time and reasons for this change. (Bloomberg)

Alibaba looks forward to deepening exchanges and cooperation in ESG and addressing climate change. The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) "Dialogue on Sustainable Development between Chinese and Foreign Renowned Entrepreneurs" was held in Dubai on December 1st. Alibaba Group's Chief Financial Officer and Chairman of the Sustainable Development Management Committee, Xu Hong, pointed out that Alibaba ... 阅读全文

On November 29th, Zhihu (NYSE: ZH; 2390. HK) released its unaudited third quarter financial results. In the three months ended September 30th, Zhihu's total revenue was 1.022 billion yuan, a year-on-year increase of 12.1%. After adjustment, the net loss was 225 million yuan, a year-on-year decrease of 10.1%, and the gross profit margin increased from 48.7% in the same period last year to 53.7%. At the operational level, the average monthly subscription membership ... 阅读全文

At 5:30 am on weekdays, the entire city of Beijing was still shrouded in night and sleep, and Chen Zizhong had already left. As the store manager of Starbucks Youan International Store, who lives in Fangshan District, he needs to transfer twice to the subway before 6:30 pm to reach the store located near the Xitie Ying subway entrance in Fengtai District. Passing by countless people on the Beijing subway, no one would notice any difference between Chen Zizhong an ... 阅读全文

Will Berkshire's investment style change in the post Munger era? With the fall of this investment superstar and the aging of Buffett, who will become the successor? Berkshire Vice Chairmen Greg Abel and Agit Jahn have once again come to the spotlight.

The Legal Department of Weilai Automobile yesterday sent a message on its WeChat official account: "Many people apologize for fabricating and disseminating false information when attacking malicious attacks". The article states that recently, the company has noticed that some malicious dissemination may involve suspicious individuals or institutions controlling and mobilizing a large number of gold, orange, blue, and ordinary Weibo accounts to post, forward, and ... 阅读全文

Popular Chinese concept stocks generally fell, with the Nasdaq China Golden Dragon Index falling 1.00% and a cumulative decline of 4.06% this week.

The US stock market closed higher, with the Dow Jones up 0.82%, the Nasdaq up 0.55%, and the S&P up 0.59%; Most large technology stocks rose, while chips, blockchain, department stores, and banking stocks generally rose; Most popular Chinese concept stocks fell, with Xiaopeng Motors falling more than 5%, Pinduoduo, and Alibaba falling more than 1%; International oil prices have fallen by over 2%; International gold prices have risen by over 1%, reaching a histori ...

On Friday (December 1st) local time, Federal Reserve Chairman Powell stated that policymakers will act cautiously regarding future monetary policy decisions. He refuted speculation that the Fed will cut interest rates in the first half of next year and reserved the option for further rate hikes.

[The top 20 US stock turnover: Pfizer suffered a double battle between weight-loss drugs and COVID-19 vaccine litigation] The 12th Pfizer Pharmaceutical closed down 5.12%, the largest one-day decline since December 2021, with a turnover of 2.982 billion US dollars. On Thursday, Texas Attorney General Ken Paxton sued the company for misrepresenting the effectiveness of its COVID-19 vaccine. It is reported that Pfizer used misleading statistics to promote its COVID ... 阅读全文