Is JD.com and Meituan really in a battle for food delivery? Yes and no.

Bernstein believes that the competition between JD.com and Meituan in the takeaway sector represents a new round of Global Strategy centered around "instant Retail Trade". JD.com's entry is more a response to the growth of Meituan's instant Retail Trade Business, while Meituan defends itself with its advantages in the long-tail Dining market.

wallstreetcn09:47 ET

Express News | In Overnight Trading, U.S.-Listed Chinese Stocks and ETFs Surge After China's Official Announces Series of Policies; DUO Surges 17%, BEKE Rises 4%; Alibaba, JD and Bilibili Rise 2%, YINN Up 4%, CWEB Rises 3%

Moomoo 24/721:28 ET

Direct coverage of the Earnings Conference for the Siasun Robot&Automation Industry: The localization rate of the supply chain is accelerating, while the industrial sector still faces fierce competition.

① Many companies participating in the performance briefing stated that currently, the core or most supply chain links have been localized, while a small number of links that require imports are actively planning localization solutions; ② From the perspective of the overall Siasun Robot&Automation Industry, the competition in the industrial robot industry is fierce, and in 2024, a situation of "growth in quantity without growth in revenue, and growth in revenue without growth in profit" may occur.

cls.cn20:59 ET

The A-share International Board under ANT GROUP CO., LTD. may launch an IPO.

① After the Listing As a Whole of ANT GROUP CO., LTD. was put on hold, ANT International, registered in Singapore, may consider a separate listing in Hong Kong. Discussions with relevant authorities regarding this possibility are currently underway. ② Recently, ANT International also issued a letter to all employees, requiring cost control and efficiency improvements. On March 19, 2024, ANT International will be spun off from ANT GROUP CO., LTD. to operate independently in the market. One significant meaning of the spin-off from ANT GROUP CO., LTD. is the ability to independently finance and bear profits and losses.

cls.cn20:43 ET

Hong Kong stock morning report｜A press conference on financial policies to stabilize the market will be held. The three major US stock indices closed lower while Chinese concept stocks strengthened against the trend.

① The USA's trade deficit reached an all-time high in March. The trade negotiations between the USA and Europe have encountered obstacles. Trump said that the USA does not need to sign a trade agreement. ② The State Council Information Office will hold a press conference to introduce financial policies to stabilize the market. ③ Treasury Secretary Lan Foan expressed confidence in achieving the growth target of around 5% by 2025. ④ The three major US stock indexes collectively closed lower, while many China Concept Stocks rose against the trend. ⑤ International Gold and Crude Oil Product futures rose by more than 3%.

cls.cn19:03 ET

More than 60% of A-share vehicle companies achieved growth in net income in the first quarter, with policy dividends and technological breakthroughs being the driving forces for this growth.

① Among the 16 A-share listed automobile companies, 10 companies achieved year-on-year growth in net income attributable to the parent company in the first quarter of 2025, accounting for 62.5%. ② BYD led with a growth rate of 100.38%, SAIC Group's net income increased by 11.40% year-on-year, and Chongqing Changan Automobile's net income attributable to the parent company surged by 601.31% year-on-year.

cls.cnMay 5 21:31 ET

After ongoing fluctuations, the market may be nearing a directional choice, with the AI, Siasun Robot&Automation, and other Technology growth sectors likely to rebound.

Looking back at the market situation before the festival, the market has been in a state of fluctuating consolidation, and the atmosphere of market observation remains quite strong.

cls.cnMay 5 21:24 ET

The Siasun Robot&Automation industry is experiencing a rise with a noticeable increase in entrants, and the Sector is expected to continue to be in the spotlight.

① According to Statistics from the new strategy humanoid robot research institute, as of December 2024, the number of Global humanoid robot Ontology companies has surpassed 220. Among them, companies from China account for half, exceeding 110. ② Shanghai Securities stated that the Industry Chain for humanoid robots has entered a phase of "a hundred flowers bloom, a hundred schools of thought contend," and the commercialization of humanoid robots is promising. It is recommended to pay attention to domestic component manufacturers that will benefit.

cls.cnMay 5 20:05 ET

Hong Kong Stock Morning Report | The U.S. actively conveyed information to China hoping to engage in talks, and May Day tourism sets another record.

① The USA proactively conveyed messages to China hoping to engage in talks, and China responded by stating it is currently evaluating. ② The USA's GDP decreased by an annualized rate of 0.3% in the first quarter, marking its first contraction since 2022. ③ The three major US stock indexes collectively fell on Monday, with mixed performances in Chinese stocks. ④ Buffett unexpectedly announced his resignation as CEO of Berkshire by the end of the year. ④ The "May Day" travel season has set a new record for the "most popular" in history.

cls.cnMay 5 19:10 ET

The term "smart driving" is no longer popular! Xiaomi has changed its name, and multiple car companies have adjusted their stance.

① The promotion of intelligent driving has shifted from active messaging to passive responses, with features like urban NOA no longer being emphasized; ② Most brands are introducing expressions such as "driving responsibility" and "subscription mechanism," uniformly emphasizing the attributes of Level 2; ③ Companies' statements are aligning with industry initiatives, and the promotion of assisted driving is entering a cautious compliance stage.

cls.cnMay 5 03:17 ET

Next week's important schedule: Federal Reserve interest rate decision, China CPI, import and export, and financial data, AMD Semiconductor Manufacturing International Corporation Earnings Reports.

The Federal Reserve and the Bank of England announced their interest rate decisions, Canadian Prime Minister Carney will meet Trump for the first time in the United States, Musk's Grok 3.5 large model was unveiled, and Auntie in Shanghai plans to list on the Hong Kong Stock Exchange on May 8. In terms of data, pay attention to China's CPI and PPI inflation, foreign reserves, imports and exports, and financial data, while regarding Earnings Reports, focus on AMD, ARM, Semiconductor Manufacturing International Corporation, and others.

wallstreetcnMay 3 22:39 ET

Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.

Moomoo 24/7May 1 22:49 ET

Xiaomi has launched its first inference open-source large model, Mimo! With 7 billion parameters, it surpasses OpenAI's o1-mini and Alibaba's QwQ-32B-Preview.

Under the same conditions of reinforcement learning (RL) training data, MiMo-7B shows a significantly greater potential in mathematics and coding than other widely used models in the industry, including well-known RL starter models such as DeepSeek-R1-Distill-7B and Qwen2.5-32B.

wallstreetcnApr 30 00:00 ET

Hong Kong Stock Morning Report｜Two major insurance companies subscribed to the 2nd phase Fund of 20 billion yuan. The Hong Kong Stock Exchange has already contacted some companies regarding the "return of Chinese concept stocks."

① Two major insurance companies subscribed to 20 billion yuan for the Honghu Phase II Fund. ② The Hong Kong Stock Exchange has contacted some companies regarding the "return of Chinese concept stocks." ③ Li Yunzhe met with the President of the Hong Kong Monetary Authority, Eddie Yue Wai-man. ④ Tencent announced a restructuring of its mixed Yuan model research and increased investment in AI.

cls.cnApr 29 19:38 ET

Chinese humanoid robots are seizing a global $5 trillion "big track"!

Morgan Stanley expects that by 2050, a total of 1 billion humanoid robots will be deployed globally, with annual revenue reaching 4.7 trillion dollars, nearly double the total revenue of the top 20 global Auto Manufacturers in 2024. China's policy support, technological advancements, and manufacturing foundation place it in a leading position in the field of humanoid robots, especially in the Hardware supply chain.

wallstreetcnApr 29 08:19 ET

The attractiveness of Hong Kong stocks continues to grow, Goldman Sachs has raised its forecast for southbound capital flow to 110 billion USD in 2025.

Goldman Sachs significantly raised its forecast for the southbound capital flow under the mutual market access mechanism between the mainland and the Hong Kong stock markets, increasing the estimated scale from 75 billion dollars to 110 billion dollars.

Zhitong FinanceApr 28 23:46 ET

Domestic Semiconductors equipment manufacturers discuss how to break through in the Industry: The prosperity of end terminals like AI is being transmitted to the equipment sector, and tariff policies do not change the opportunities for growth overseas.

① Many semiconductor equipment manufacturers have stated that their product demand in this year's market is driven by growth in AI, 5G, Internet of Things, New energy Fund vehicles, and other emerging applications, leading to a continued rebound in the overall industry situation; ② Despite the intense changes in international trade policies, domestic semiconductor equipment manufacturers remain bullish on growth opportunities in overseas markets, and strengthen cooperation with domestic and foreign peers, customers, suppliers, etc. to jointly mitigate risks.

cls.cnApr 28 23:17 ET

The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.

Track the entire lifecycle of the main Sector.

cls.cnApr 28 21:20 ET

Hong Kong stock morning report | Alibaba releases and open sources the new version of the large model Qwen3, Chongqing Sokon Industry Group Stock submits application for listing on the Hong Kong stock exchange.

① The Ministry of Foreign Affairs reiterated that there have been no consultations or negotiations between China and the United States regarding the tariff issue. ② Goldman Sachs raised its forecast for this year's southbound capital inflow into Hong Kong stocks by nearly 50%. ③ Alibaba announced and opened source its next-generation general-purpose Qwen3 model. ④ Institutions say that the ROI of Hong Kong stocks as a 'value vacuum' is very attractive.

cls.cnApr 28 19:31 ET

In the morning, big news! Alibaba releases and open sources Qwen3, seamlessly integrating thinking modes, multilingual capabilities, and facilitating agent calls.

Alibaba stated that Qwen3 seamlessly integrates two modes of thinking and supports 119 languages, making it convenient for agents to call. This release of the Qwen3 series includes two expert mixture (MoE) models and six additional models, with the flagship model Qwen3-235B-A22B showing highly competitive performance in benchmark tests for code, mathematics, and general capabilities compared to top models like DeepSeek-R1, o1, o3-mini, Grok-3, and Gemini-2.5-Pro.

wallstreetcnApr 28 18:38 ET