Citigroup has raised its target price for NetEase to $115, maintaining a 'buy' rating.

The gross profit margin was 61.2%, with a year-on-year increase of 347.8% in revenue. The delivery volume of electric vertical takeoff and landing vehicles (eVTOLs) increased by 384.6% year-on-year. On November 18th, eVTOL technology company Yihang Intelligence announced its third quarter performance report for 2024, with both revenue and eVTOL delivery reaching historic highs. In addition, Yihang Intelligent has achieved positive operating cash flow for four con ... 阅读全文

According to AI News, on November 19th, the official Weibo account of Ideal Auto's legal department released a statement stating that recently, Ideal Auto received a final judgment from the court, which found that the owner of the Weibo account "CyberEv_Saibo" (now renamed "Cyber Electric"), Yu, had posted multiple Weibo posts implying that Ideal Auto was using parallel exports and other forms of sales fraud, which constitutes defamation and infringement of Ideal ... 阅读全文

On November 19th, the legal department of Ideal Automobile issued an official statement, stating that Ideal Automobile has recently received a final judgment from the court. The judgment found that the owner of the Weibo account "CyberEv_Saibo", Yu, had posted multiple Weibo posts implying that Ideal Automobile had engaged in sales fraud through parallel exports, which constitutes defamation and infringement of Ideal Automobile's reputation rights.

On November 18th, Quanling SEELE announced the completion of a $10 million Pre-A round of financing. This round of financing is led by Baidu Zhantou, with investors including Meitu Investment, Fukun Venture Capital and other institutions, and old shareholder Webtime Information S& T continues to bless. It is reported that the founder and CEO of the company, Wang Shimu, is a former founder of NetEase Cloud Music and has served as the General Manager of Tencent NBa ... 阅读全文

On November 19th, according to data released by a third-party platform, Tesla Model Y won the top spot in sales of first tier and new first tier city models in October of this year.

On November 19, Robin Lee, the founder of Baidu, said at the 2024 China 5G+Industrial Internet Conference that it is necessary to realize that AI is a new industrial revolution. Only by thinking in a higher dimension can we truly make use of the big model, enable thousands of industries and improve social productivity. Data shows that as of early November, the daily average number of adjustments for Baidu Wenxin's large model reached 1.5 billion, an increase of 7 ... 阅读全文

On November 19th, it was reported that senior management of Nippon Steel will meet with local officials and workers of American Steel Company in Pennsylvania this week to gain on-site support for its acquisition plan after the election, which has been opposed by both parties in Washington. According to a person familiar with the trip, Hiroshi Moritaka, Vice Chairman of Nippon Steel Corporation, flew from Tokyo to Pittsburgh on Saturday and will personally present ... 阅读全文

The General Office of the Communist Party of China Central Committee and the General Office of the State Council recently issued the "Opinions on Accelerating the Development and Utilization of Public Data Resources", which for the first time systematically deploys the development and utilization of public data resources from the central level. This is of great significance for building specialized, diversified, and integrated data application scenarios, and help ... 阅读全文

After tech giant Google lost its antitrust lawsuit, the US Department of Justice plans to push it to sell its Chrome browser and unbind its Android operating system from the Google Play Store. On November 18th local time, according to foreign media reports, the US Department of Justice is requesting Judge Amit P. Mehta, who previously ruled in August that Google illegally monopolized the search market, to take measures to require Google to sell its Chrome browser ... 阅读全文

On November 19th, it was reported that Sony is in talks to acquire KADOKAWA. Sources say that negotiations between the two sides are ongoing and if successful, an agreement may be signed in the coming weeks. Sony declined to comment. KADOKAWA does not comment. (Reuters)

On the evening of November 18th, EH.US released its financial performance report for the third quarter of 2024. In the third quarter, the revenue reached 128 million yuan, a year-on-year increase of 347.8% and a month on month increase of 25.6%. The quarterly revenue continued to reach a historical high, significantly exceeding Bloomberg's market expectation of 119 million yuan. The sales revenue of EH216-S is the main source of revenue for Yihang Intelligence. I ... 阅读全文

Suddenly benefiting, the stock price of this company skyrocketed. On November 18th local time, the three major stock indexes of the US stock market fluctuated. As of the close, the Dow Jones Industrial Average fell 0.13%, the Nasdaq rose 0.60%, and the S&P 500 index rose 0.39%. Nvidia will release its financial report on November 20th, and analysts expect third quarter revenue to increase by 82.8%, but the growth rate is the lowest in six quarters. Bank of Americ ... 阅读全文

On Monday Eastern Time, the three major indexes of the US stock market fluctuated. As of the close, the Dow Jones Industrial Average fell 0.13%, the Nasdaq rose 0.60%, and the S&P 500 index rose 0.39%. Most large technology stocks have risen, with Tesla rising over 5%, Intel and Netflix soaring over 2%, Google, Apple and others rising over 1%, and Meta and Microsoft rising slightly; Nvidia fell over 1%, while Amazon experienced a slight decline. Trump Media Techn ... 阅读全文

① Since Trump won the election, the S&P 500 index has risen nearly 2%, and US stock exposure has reached an 11 year high. Investors are betting that Trump's relaxation of regulations and tax cuts will boost corporate profits BCA Research stated that the current economic background is vastly different from when Trump first took office, and his policy influence may be overestimated. Investors are pursuing the "Trump deal" like carving a boat for a sword. Since Tru ... 阅读全文

According to the official Weibo account of Ideal Auto on November 19th, the sales volume of Ideal Auto has exceeded one million.

According to the official Weibo account of Ideal Auto, the sales volume of Ideal Auto has exceeded one million.

On November 19th, Kanetsugu Mike, Chairman of Mitsubishi UFJ Financial Group, stated that the Bank of Japan may raise its policy rate to the "neutral rate" level of 1% by March 2026. He stated that this is an internal viewpoint of Mitsubishi UFJ Financial Group. (Bloomberg)

The Nasdaq China Golden Dragon Index closed up 1.71%, with most popular Chinese concept stocks rising. Bilibili rose over 4%, NIO rose nearly 4%, Miniso and Xiaopeng Motors rose over 2%, and Ideal Auto rose over 1%. IQiyi fell more than 2%, while Lufax Holdings fell more than 1%.

On November 18th local time, the Nasdaq China Golden Dragon Index closed up 1.71%, with most popular Chinese concept stocks rising. Bilibili rose over 4%, NIO rose nearly 4%, Miniso and Xiaopeng Motors rose over 2%, and Lixiang Motors rose over 1%. IQiyi fell more than 2%, while Lufax Holdings fell more than 1%.