On the early morning of November 12th, Alibaba and JD.com, two important participants in the "Double Eleven" promotion, successively released battle reports: JD.com summarized its promotion performance with "reaching new highs again", while Alibaba used "strong growth". On the other hand, the "Double Eleven" promotion has become increasingly quiet, with the numbers witnessing consumer miracles and the dazzling evening celebrations all disappearing, leaving only t ... 阅读全文

On November 13th, Tesla's US stock rose more than 2% in pre-market trading, and fell more than 6% in the previous trading day.

On November 13th, before the US stock market opened, most popular Chinese concept stocks rose, with Zhongtong Express rising nearly 7%, Bilibili rising over 3%, Xiaopeng Motors rising over 2%, JD.com rising 1.7%, and Alibaba and Pinduoduo rising 1%.

On November 13th, Marriott International Group announced that it has signed a contract with Shenzhen Ronghua Land Investment Co., Ltd. (a subsidiary of Huafa Group) to develop the JW Marriott Hotel in Bao'an District, Shenzhen. It is reported that the hotel is expected to have 352 guest rooms, 4 dining venues, 2460 square meters of banquet and conference space, as well as leisure facilities such as JW Spa, gym, swimming pool, and JW Children's Center.

On November 13th, The Hongkong and Shanghai Banking Corporation Limited announced that it has successfully issued RMB 4.5 billion Panda bonds in the mainland interbank bond market. This issuance is part of the bank's recently approved plan to issue RMB 10 billion bonds in mainland China, and it is also its second issuance of Panda bonds since 2015. The Panda bonds issued this time have a three-year term and a basic issuance scale of 3 billion yuan. After exercisi ... 阅读全文

Marriott International and Ronghua Land will cooperate to develop the JW Marriott Hotel in Shenzhen. On November 13th, Marriott International Group announced that it has signed a contract with Shenzhen Ronghua Land Investment Co., Ltd. (a subsidiary of Huahua Group) to develop the JW Marriott Hotel in Bao'an District, Shenzhen.

Bitcoin has fallen after hitting a high of $90000, seemingly entering a period of respite and rest. Some traders pointed out that the market has gradually digested the positive impact of Trump's presidency on cryptocurrency, and the soaring momentum of Bitcoin has temporarily stopped. As of press time, the price of Bitcoin has been adjusted around $86000. Since Trump announced his victory in the election, Bitcoin has risen by over 30%. IG Australia Pty market ana ... 阅读全文

Boeing and Avia Solutions Group, the world's largest ACMI (Aircraft, Crew, Maintenance, and Insurance) supplier, announced on November 12th local time that Avia Solutions Group has ordered 40 737-8 aircraft for the first time and may order another 40 in the future.

On November 12th local time, Tesla announced that the daily production of Powerwall, a household energy storage system at its Nevada Gigafactory, exceeded 1000 units. Powerwall is a household energy storage system that can store electricity generated by solar panels for use at night or during power outages.

Huili Securities downgraded Tesla's rating to sell, with a target price of $230.

Boeing predicts that the global air cargo fleet will increase to 3900 freighters in the next 20 years. According to the 2024 World Air Cargo Forecast released by Boeing on the 13th, the global air cargo fleet will grow to 3900 freighters by 2043, an increase of two-thirds compared to 2340 in 2023. Driven by the significantly growing demand in the Asian market, large wide body freighters will nearly double in size.

On November 13th, sources familiar with the matter revealed that the United States is investigating the Russian clients that UBS Group acquired during its acquisition of Credit Suisse. According to informed sources, as part of the investigation, the Office of Foreign Assets Control (OFAC) in the United States has sent a letter to the bank. A US official said that UBS and the law enforcement agency have had discussions. Insiders say that UBS is trying to avoid pun ... 阅读全文

Ford Motor Company announced that its production plant in Cologne, Germany will reduce working hours to cope with sales pressure caused by the sluggish German electric vehicle market.

On November 12th local time, the Nasdaq China Golden Dragon Index closed down 4.45%, with popular Chinese concept stocks falling. Xiaopeng Motors fell more than 10%, NIO fell more than 9%, JD.com, Bilibili, and Ideal Motors fell more than 7%, iQiyi fell more than 4%, Baidu fell nearly 4%, and Alibaba and New Oriental fell more than 3%.

On November 12th local time, Pascal Soriot, the global CEO of AstraZeneca, publicly responded for the first time to the detention of Wang Lei, the company's China regional president. Suboko said, "Wang Lei is discussing with his lawyer, and the company does not have any new information about the case Suboko made the above response after the release of AstraZeneca's third quarter financial report. He also said, "We attach great importance to the issues in the Chin ... 阅读全文

Unfortunately, individual investors in the United States have far underperformed the market this year. For the US stock market, this year can be considered a record breaking year, especially with the impressive surge of major stock indices after the US election. As shown in the following chart, as of the beginning of this week, the S&P 500 index has seen its largest year-on-year increase since 1995

Interface News Reporter | Zhang Youfa After four quarters of declining revenue, Tencent Music has returned to growth. On November 12th, Tencent Music announced its latest financial report. As of September 30, 2024, the company's total revenue for the third quarter was 7.02 billion yuan, a year-on-year increase of 6.8%; The adjusted net profit was 1.94 billion yuan, a year-on-year increase of 29.1%, which was basically the same as the profit in the second quarter. ... 阅读全文

On November 13th, local time, Nvidia founder and CEO Huang Renxun joked with SoftBank founder and CEO Sun Zhengyi at the Nvidia Japan Summit, saying, "Mr. Masa, can you imagine what would happen if you became Nvidia's largest shareholder. Sun Zhengyi hugged Huang Renxun and pretended to cry in pain - he admitted that he had indeed made multiple investment proposals to NVIDIA, but none of them were successful.

On November 13th, according to Xinhua News Agency, Ford Motor Company announced that its production plant in Cologne, Germany will reduce working hours to cope with sales pressure caused by the sluggish German electric vehicle market. Deutsche Presse-Agentur quoted a company spokesman on the 12th as saying: "The demand for electric vehicles is far lower than expected, especially in Germany, so the output of the Cologne Electric Vehicle Center (Ford Cologne Factor ... 阅读全文

Huang Renxun's latest announcement! On November 13th, Nvidia CEO Renxun Huang announced at the Nvidia Japan Summit that he will collaborate with SoftBank to build AI infrastructure in Japan, including the country's largest AI factory. SoftBank is investing heavily in data center construction in Japan, pressing the 'restart button' for Japan's technological development. Japan cannot miss this round of AI development, we need infrastructure, "said Masayoshi Son, fo ... 阅读全文