On November 20th, Qifu Technology, a financial technology company listed on both the US and Hong Kong stock markets, released its Q3 2024 financial report and disclosed the execution status of its share repurchase plan and new plans. According to disclosure, as of September 30, 2024, the Qifu Technology platform has served 162 financial institutions with a registered user base of 254.3 million, a year-on-year increase of 11.6%. The cumulative number of credit use ... 阅读全文

Recently, Vipshop, a leading online brand discount retailer in China, released its Q3 2024 financial report. According to the financial report, Vipshop achieved a net revenue of 20.7 billion yuan (RMB) and a Non GAAP net profit of 1.3 billion yuan in the third quarter. Meanwhile, the GMV for the third quarter was 40.1 billion yuan; The number of active users of Super VIP (SVIP) increased by 11% year-on-year. At the same time, in the third quarter of this year, Vi ... 阅读全文

Shanghai, November 20 (Xinhua) -- After the US stock market closed on Wednesday, November 20 (Eastern Time), Nvidia is about to release its third quarter financial report, which may become another "barometer" for the subsequent trend of the US stock market. Since the beginning of this year, the stock price of Nvidia has continued to rise. As of the close of the US stock market on November 19th, Nvidia closed up 4.89%, with a growth rate of 205% so far this year. ... 阅读全文

Chip giant Nvidia will release its financial report on Wednesday local time, and the market is closely monitoring the demand and shipment of its new generation AI chip Blackwell. Technology giants such as Microsoft, Google, and Meta have all announced in their recent financial reports that they will expand their investment in AI infrastructure such as supercomputers. Investors are optimistic about the driving effect of these investments on Nvidia's performance gr ... 阅读全文

On November 19th local time, the three major US stock indexes closed with mixed gains and losses. The Nasdaq rose 1.04%, the S&P 500 index rose 0.4%, and the Dow Jones Industrial Average fell 0.28%. Most of the "Technology Seven sisters" rose. Nvidia rose nearly 5%, with its market value increasing by $168.3 billion overnight (approximately RMB 1218.3 billion). Tesla and Netflix soared by over 2%, Amazon, Google, and Meta rose by over 1%, and Apple saw a slight i ... 阅读全文

Top 20 US Stock Exchange Transactions: Supermicro Computer Surges Over 30%, Company Submits Compliance Plan. Ranked 6th, Supermicro Computer closed up 31.24%, with a transaction volume of 6.512 billion US dollars. On Monday and Tuesday, the stock has risen by over 50% cumulatively. On the news front, the company has hired a new independent auditor and submitted a compliance plan to the NASDAQ exchange, effective immediately. BDO USA is a member firm of BDO Intern ... 阅读全文

The Nasdaq China Golden Dragon Index closed down 0.75%, while Xiaopeng Motors fell more than 3%. On the evening of November 19th, Xiaopeng Motors released its third quarter report, which showed that in the third quarter, Xiaopeng Motors achieved a total revenue of 10.1 billion yuan, a year-on-year increase of 18.4% and a month on month increase of 24.5%; But the net loss further expanded to 1.81 billion yuan, with a cumulative loss of 4.46 billion yuan in the fir ... 阅读全文

Xiaopeng Motors releases' strongest financial report in history ', performance poster mentions' swimming in a sea of blood' On the evening of November 19th, Xiaopeng Motors released its strongest financial report in history, showing a record high gross profit margin of 15.3% for the third quarter of 2024; The operating revenue increased by 24.5% month on month, reaching 10.1 billion yuan. He Xiaopeng, Chairman and CEO of Xiaopeng Motors, believes that this reflec ... 阅读全文

On November 20th, Caixin News Agency reported that after examining the supply chain, Tom O'Malley, an analyst at Barclays Bank, the second largest bank in the UK, and his colleagues believe in their latest research report that Apple will release the iPhone SE4 in March 2025. The biggest highlight of the phone is the installation of Apple's independently designed 5G modem. The report also indicates that the new iPhone SE4 is expected to adopt a design similar to t ... 阅读全文

On the evening of November 19th, Xiaopeng Motors released its financial report, which showed that in the third quarter of 2024, the company's revenue was 10.1 billion yuan, an increase of 18.4% compared to the same period in 2023, and a month on month increase of 24.5% in the second quarter of 2024; Net loss of 1.81 billion yuan, compared to a loss of 3.89 billion yuan in the same period of 2023 and a loss of 1.28 billion yuan in the second quarter of 2024; Gross ... 阅读全文

On November 20th, Qifu Technology released its financial report for the third quarter of 2024. The company has served 162 financial institutions, with a registered user base of 254.3 million and a third quarter revenue of RMB 4.3702 billion. On the basis of executing 85% of the original repurchase plan, the company announced a new repurchase plan, which will repurchase up to $450 million worth of American depositary shares or Class A common shares in the next 12 ... 阅读全文

[US retail industry warns! Wal Mart: If Trump raises tariffs, we will have to raise prices] John David Rainey, chief financial officer of Wal Mart, the largest US retailer, said on Tuesday that if Trump's proposed tariffs take effect, he may have to raise the prices of some goods.

On the 1000th day of the Russia-Ukraine conflict, geopolitical tensions seemed to become a major obstacle to the market overnight. Fortunately, in the end, the stock, bond, and foreign exchange markets on this day were still relatively stable On Tuesday, many Wall Street traders were clearly focused on the Russia Ukraine situation. Firstly, the Russian Ministry of Defense stated that on the early morning of the 19th local time, the Ukrainian military used six Ame ... 阅读全文

The security of artificial intelligence (AI) has once again attracted people's attention, as Google chatbot responds to users with "please die". According to reports, Google's artificial intelligence chatbot Gemini responded verbally to a Michigan college student and told him to "go die".

On November 20th, Southern Finance and Economics reported that Innolux (NASDAQ: ILMN) announced today that it will launch a new version of its flagship cancer research detection product, TruSight Oncology 500 v2 (TSO 500 v2), to achieve genomic panoramic variation analysis (CGP). The test is currently under development and is scheduled for global release in mid-2025. TSO 500 v2 will be able to evaluate all mutation categories and immune tumor biomarkers of hundre ... 阅读全文

In the third quarter of 2024, Ctrip (09961/TCOM) saw a significant increase in performance. After deducting sales tax and additional taxes, its net income was 15.873 billion yuan, a year-on-year increase of 15.52%, and its operating profit was 5.006 billion yuan, a year-on-year increase of 28.06%. The operating profit margin also increased from 28.43% in the same period last year to 31.48%. After the disclosure of the third quarter financial report, Ctrip's Hong ... 阅读全文

According to informed sources, Sony Group is considering acquiring Japanese publisher Kadokawa. The two companies have held talks and discussions are still ongoing. Sony may also decide not to make a formal offer. Both entertainment groups are major shareholders of FromSoftware Inc. FromSoftware is the developer of popular PlayStation games such as Elden Ring and Bloodborne Curse. (Bloomberg)

On November 20th, Zhongtong Express announced its unaudited financial performance for the third quarter of 2024. According to the financial report, the company's parcel volume in the third quarter was 8.72 billion, a year-on-year increase of 15.9%; Adjusted net profit increased by 2.0% to 2.39 billion yuan; Revenue of 10.68 billion yuan, a year-on-year increase of 17.6%; The cash flow generated from operating activities was 3.11 billion yuan. From the perspective ... 阅读全文

The world's largest alternative asset management company, Blackstone Inc. (NYSE: BX), believes that people should rekindle their love for real estate. On November 19th, Jon Gray, President and Chief Operating Officer of Blackstone Group, stated at the 2024 International Financial Leaders Investment Summit that there should be a renewed passion for real estate. In January, we publicly stated that we believed the real estate market was not suitable for investment, ... 阅读全文

On November 20th, Sony's Japanese stock rose nearly 5%, hitting a new high since July, after releasing a new flagship full frame camera.