On November 15th, Alibaba (BABA. NYSE/09988. HK) released its second quarter financial report for the fiscal year 2025 (three months ended September 30th). According to the financial report, Alibaba's revenue for the quarter was 236.503 billion yuan, a year-on-year increase of 5%, operating profit was 35.246 billion yuan, a year-on-year increase of 5%, and adjusted EBITA was 40.561 billion yuan, a year-on-year decrease of 5%. Alibaba Group's Chief Financial Offic ... 阅读全文

On November 15th, Yihang Intelligent announced the signing of a cooperation framework agreement with Xiangyuan Culture and Tourism. According to the agreement, Xiangyuan Culture and Tourism will purchase 50 EH216-S or similar unmanned aerial vehicles from Yihang Intelligence for the layout and application of its tourism projects based on market development needs. The first batch of 5 EH216-S aircraft ordered for purchase are planned to be used for scenic tourism ... 阅读全文

On November 16th, at the 29th Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change held in Baku, the capital of Azerbaijan, NIO signed a strategic cooperation agreement with its partner Green Car, announcing that it will officially start business in Azerbaijan and provide intelligent electric vehicle products and services to local users. Zhao Yingmin, head of the Chinese delegation to COP29 and Deputy Minister of Ecology ... 阅读全文

Shenzhen Business Daily News (Chief Reporter Xie Huiqian) On the evening of the 11th and 14th, Financial One Account announced its first three quarters performance as of September 30th this year. According to the financial report, in the third quarter of 2024, Financial One Account continued to operate its business (excluding virtual banking business data, the same below) and achieved a revenue of 417 million yuan (RMB, the same below). The net loss attributable ... 阅读全文

According to AI News, on November 15th local time, energy stocks in the US stock market fell across the board, with ExxonMobil falling more than 1%, Chevron falling 0.23%, ConocoPhillips falling 0.54%, Schlumberger falling 0.62%, and Western Petroleum falling more than 1%.

According to AI News, on November 15th local time, most of the anti epidemic concept stocks in the US stock market fell, with Moderna falling more than 7%, Gilead Science falling about 4%, Novartis Pharmaceuticals rising more than 1%, BioNTech falling more than 3%, and AstraZeneca falling more than 2%.

Global markets: 1. The Dow Jones Industrial Average fell 0.47%, the Nasdaq fell 0.64%, and the S&P fell 0.60%. 2. Tesla fell more than 5% and its market value returned to below $1 trillion, while Disney rose more than 6%. 3. The Nasdaq China Golden Dragon Index closed down 1.81%, while Bilibili fell over 12%.

On November 14th local time, the three major US stock indexes collectively closed down, with the Nasdaq falling 0.64%, the S&P 500 index falling 0.6%, and the Dow Jones Industrial Average falling 0.47%. The latest disclosed US 13F filing shows that globally renowned hedge fund Bridgewater, as well as institutions such as Deutsche Bank and Jinglin, are significantly reducing their holdings in Nvidia. Data shows that as of the end of the third quarter of this year, ... 阅读全文

According to the disclosure by the US Securities and Exchange Commission (SEC), Berkshire Hathaway, a subsidiary of Warren Buffett, has submitted its third quarter holdings report (13F) as of September 30, 2024. As of the end of the third quarter, the total market value of Berkshire Hathaway's holdings was $266 billion, slightly lower than the previous quarter's $280 billion. Berkshire Hathaway's top ten holdings account for 89.68% of the total market value, incl ... 阅读全文

On Friday morning Beijing time, the website of the US Securities and Exchange Commission (SEC) showed that HHLR Advisors, a fund manager under Hillhouse that focuses on secondary market investments, released its US stock holdings data as of the end of the third quarter of 2024. Overall, the total market value of HHLR Advisors' holdings increased by over 10% in the third quarter, while continuing to increase its allocation to Chinese assets.

On November 14th local time, Federal Reserve Governor Kugler stated in his latest speech that if there is a risk of "hindering progress or re accelerating inflation", suspending interest rate cuts would be "appropriate"; If the job market suddenly slows down, gradually lowering interest rates is appropriate.

Overnight stock market On Thursday Eastern Time, the three major US stock indexes collectively closed down, with the Nasdaq falling 0.64%, the S&P 500 index falling 0.59%, and the Dow Jones Industrial Average falling 0.47%. Due to Federal Reserve Chairman Powell's claim that he is not in a hurry to cut interest rates, this has dampened investors' optimism and pushed the US dollar index to continue rising, which has been up for five consecutive days. Popular Chine ... 阅读全文

The Nasdaq China Golden Dragon Index closed down 1.81%, with most popular Chinese concept stocks falling, Bilibili falling more than 12%, and NetEase rising more than 10% against the trend.

On November 14th local time, during ASML's 2024 Investor Day event, ASML CFO Roger Dassen gave optimistic guidance on the company's future performance, predicting that ASML's sales will increase by 8% to 14% between 2025 and 2030. The company's sales in 2030 will reach between 44 billion and 60 billion euros, with a gross profit margin of 56% to 60%, consistent with previous expectations.

The third quarter loss narrowed to 1.139 billion yuan, and it is planned to integrate with Lynk&Co, Jike, and Ancong to achieve breakeven next year. According to the performance report, Jike's total revenue in the third quarter of 2024 was 18.36 billion yuan, a year-on-year increase of 31% and a month on month decrease of 8.4%. Jike's net loss was 1.139 billion yuan, a year-on-year decrease of 21.7% and a month on month decrease of 37%. At the same time, Jike als ... 阅读全文

According to data, despite facing interest rate cuts and soaring stock markets, businesses and households have been continuously investing cash into money market funds. This week, the asset size of US money market funds exceeded $7 trillion for the first time in history.

The banquet for the US stock market is coming to an end? American economists warn: the three major upward drivers are weakening. Although the S&P 500 index has risen by 24.72% since the beginning of the year, the main driving force for the continued rise of the US stock market is almost exhausted, indicating that the future return on investment in the US stock market will significantly decrease - this is the view of renowned American economist David Rosenberg.

Alibaba announced on November 15th that its revenue for the second quarter of 2025 (quarter ending September 30, 2024) was 236.5 billion yuan, a year-on-year increase of 5%; Net profit was 43.547 billion yuan (6.205 billion US dollars), a year-on-year increase of 63%; Adjusted EBITA (a non GAAP financial indicator) decreased by 5% year-on-year to RMB 40.561 billion (USD 5.78 billion).

As of this Friday, most institutional investors in the US stock market have completed the disclosure of their third quarter holdings data (13F). For domestic investors, the overseas investment trends of Chinese private equity institutions such as Hillhouse and Gaoyi are undoubtedly the most concerning. Note: Q3 US stock portfolio trends of the four major Chinese private equity funds Overall, in the third quarter of this year, the focus of most Chinese private e ... 阅读全文

On November 15th, Alibaba disclosed its second quarter report for the fiscal year 2025 (quarter ended September 30, 2024). During this financial reporting season, Alibaba achieved a revenue of RMB 236.5 billion, a year-on-year increase of 5%; Net profit was RMB 43.547 billion (USD 6.205 billion), a year-on-year increase of 63%; Adjusted EBITA (a non GAAP financial indicator) decreased by 5% year-on-year to RMB 40.561 billion (USD 5.78 billion). As of the quarter ... 阅读全文