With the second interest rate cut by the Federal Reserve this month, the policy outlook for the year-end closing meeting unexpectedly changed significantly last week. The latest data shows that the US economy is resilient and price pressures have increased. The statements of several Federal Reserve officials, including Powell, have also made the future path of easing uncertain. Nomura Securities predicts that the Federal Reserve will remain inactive in December, ... 阅读全文

Global markets: 1. The Dow Jones Industrial Average fell 0.13%, the Nasdaq rose 0.60%, and the S&P rose 0.39%. 2. Tesla has risen by over 5%, while Trump Media Technology has risen by over 16%. 3. The Nasdaq China Golden Dragon Index closed up 1.71%, while Bilibili rose over 4%. 4. International oil prices have risen by over 3%, and international gold prices have risen by over 1%.

The oil and gas industry will suffer! Bank of America warns that Trump's tariff policies may trigger a trade war. Francisco Blanch, a strategist at Bank of America, said that during Donald Trump's presidency, oil and gas prices will fall under the impact of high tariffs.

Supermicro Computer's US stock rose 40% after submitting a compliance plan to NASDAQ.

Overnight US stock market trends diverged, while Chinese concept stocks strengthened. Chinese concept stocks strengthen The US stock market closed with mixed gains and losses, with the Dow Jones Industrial Average falling for the third consecutive trading day, the Nasdaq up 0.6%, and the S&P 500 index up 0.39%. US treasury bond bond yields climbed. This week, the market is paying attention to a batch of important corporate financial reports, including Nvidia, as ... 阅读全文

On November 19th, Xiaopeng Motors announced that its total revenue for the third quarter of 2024 was RMB 10.1 billion, an increase of 18.4% compared to the same period in 2023, and an increase of 24.5% compared to the second quarter of 2024; The gross profit margin is 15.3%, compared to a negative 2.7% in the same period of 2023 and 14.0% in the second quarter of 2024; The net loss was RMB 1.81 billion, compared to RMB 3.89 billion in the same period of 2023 and ... 阅读全文

AI server manufacturer Supermicro Computer gets a chance to breathe! In the night trading of the US stock market, the stock price of Supermicro Computer surged by nearly 50% at one point. As of the time of publication by the Chinese journalist of the securities firm, the company's stock price has still risen by 40%. Earlier, AMD announced that the company had submitted a compliance plan to NASDAQ and hired BDO (Deloitte Touche Tohmatsu) as its independent auditor ... 阅读全文

According to the latest news, CCTV News cited Ukrainian media reports that on November 19th local time, Ukrainian troops used the US Army Tactical Missile System (ATACMS) for the first time to attack a facility in Bryansk Oblast, Russia. Affected by the above news, the price of gold has just risen sharply. As of press time, spot gold has risen 0.83% to $2633 per ounce. Yesterday, due to the rising market risk aversion, spot gold surged nearly 2%. Previously, mult ... 阅读全文

China's leading online brand discount retailer Vipshop has 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, Vipshop activ ... 阅读全文

Red Star Capital Bureau reported on November 19th that Xiaopeng Motors (09868. HK/XPEV. US) released its financial report for the third quarter of 2024 this evening. During the reporting period, Xiaopeng Motors delivered a total of 46533 vehicles, an increase of 16.3% year-on-year and 54% month on month; The total revenue reached 10.1 billion yuan, a year-on-year increase of 18.4% and a month on month increase of 24.5%. As of press time, Xiaopeng Motors' US stock ... 阅读全文

Barclays Bank has raised its Xiaomi ADR target price from $16 to $24, representing a 25% increase.

Robin Lee, founder of Baidu, said in a speech at the 2024 China 5G+Industrial Internet Conference on the 19th that the "Seconds Da", a code free tool for multi-agent collaborative applications, had been released for less than three days, and more than 5000 enterprises had queued up to apply for testing. In addition, after the release of the L4 end-to-end autonomous driving model, the Apollo 10.0 version of the autonomous driving open platform, which is equipped w ... 阅读全文

On November 19th, an insider from Johnson&Johnson told 21st Century Business Herald that Johnson&Johnson China has started a new round of layoffs, mainly in the surgical department. At present, the surgical business has been greatly impacted by the market, not only by enterprises, but also by the clinical end of hospitals Another former employee of Johnson&Johnson also pointed out to 21st Century Business Herald reporters that there have been layoffs within the c ... 阅读全文

On the afternoon of November 19th, the official Weibo account of Ideal Automotive's legal department released a statement stating: Recently, Ideal Automobile received a final judgment from the court, which found that the owner of the Weibo account "CyberEv_Saibo" (now renamed "Cyber Electric"), Mr. Yu, had posted multiple Weibo posts implying that Ideal Automobile had engaged in sales fraud through parallel exports, which constitutes defamation and infringement o ... 阅读全文

According to AI News, on November 19th, Weibo released its financial report for the third quarter of 2024. The total revenue of Weibo in the third quarter was $464.5 million, approximately RMB 3.294 billion, of which advertising revenue reached $398.6 million, approximately RMB 2.824 billion. The adjusted operating profit for the third quarter reached $164.5 million, approximately RMB 1.159 billion; The adjusted net profit is 139.2 million US dollars, approximate ... 阅读全文

On November 19th Beijing time, Super Micro Computer (SMCI, stock price $21.54, market value $12.61 billion) rose nearly 40% in pre-market trading in the United States. On November 18th, Supermicro Computer announced that it has hired BDO, the world's fifth largest accounting firm, as its independent auditor and submitted a plan that meets the listing requirements to Nasdaq. This move meets Nasdaq's regulatory requirements for listed companies and enhances investo ... 阅读全文

On November 19th, Xiaopeng Motors released its official Weibo account for the third quarter of 2024, with a total delivery of 46533 intelligent electric vehicles, a year-on-year increase of 16.3%, exceeding the delivery target; Revenue exceeded 10 billion yuan, with a year-on-year increase of 18.4% and a month on month increase of 24.5%; The gross profit margin reached 15.3%, setting a new historical high for a single quarter, an increase of 18 percentage points ... 阅读全文

Caixin News Agency, November 19th - Yum China (09987/YUMC) has released an announcement disclosing its stock changes as of November 18, 2024. The announcement shows that the company repurchased 50000 shares on November 18, 2024, with an average repurchase price of $47.66 per share and a total payment of approximately $2.4 million. In addition, the company has granted 10000 new shares under its long-term incentive plan, with an issue price of $47.66 per share. It ... 阅读全文

Alibaba Group Chairman Joseph Tsai stated at the 3rd International Financial Leaders Investment Summit on November 19th that Alibaba's main listing in Hong Kong provides access to a very large group of investors from mainland China and also brings significant liquidity to the group's stock.

Southern Finance and Economics, November 19th - Futu Holdings announced that its total revenue for the third quarter of 2024 was HKD 3.4361 billion (USD 442.3 million), a year-on-year increase of 29.6%; Adjusted net profit was HKD 1.3984 billion (USD 180 million), a year-on-year increase of 20.8%.