09806 Global X China Consumer Brand ETF
- 5.850
- +0.045+0.78%
U.S. stocks closed with the three major Indexes fluctuating higher, with Google plummeting more than 7%. The Bullish support from the AI Chip helped NVIDIA.
① Apple is promoting a shift to AI search for Safari, causing Google's stock price to fall over 7%; ② Disney's stock price skyrocketed nearly 11%, with the company's second fiscal quarter profits exceeding expectations; ③ NVIDIA rose over 3%, with reports that the USA is considering lifting AI Chip export restrictions.
The identity of the mysterious seller of POP MART has been revealed, and Director Tu Zheng has sold all of his shares.
Fengqiao Capital responded to the clearance of shares by the founding Shareholder of POP MART, stating that its RMB Phase 1 Fund is about to expire and has cleared all POP MART Stocks through bulk Trades in three transactions. Meanwhile, the identity of POP MART Director Tu Zheng was revealed; he originally held 0.89% of the shares and sold all his shares through bulk Trades, resulting in his shareholding reducing to 0%.
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%
U.S. stocks closed: Trade uncertainty rises, and the three major Indexes collectively declined.
① The CEO of NVIDIA stated that the AI market in China is expected to reach 50 billion dollars; ② AMD's revenue in the first quarter was 7.44 billion dollars, a year-on-year growth of 36%; ③ Super Micro Computer's net sales in the third quarter were 4.6 billion dollars, falling short of expectations.
Taco Bell's Kidd Joins Chipotle as Next Operating Chief
U.S. stocks closed: The three major Indexes all fell, with Berkshire dropping over 5%.
① Apple issued bonds for the first time in two years; ② The Board of Directors of Berkshire Hathaway voted to appoint Abel as CEO, while Buffett continues as Chairman; ③ The reorganization plan of OpenAI had to change and will continue to be controlled by a nonprofit entity.
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.
Express News | U.S.-listed Chinese stocks surge at the opening, with Alibaba up over 4%.
Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
Li Auto's Next EVs To Feature Cleaner Cabin Materials
Earnings Call Summary | Yum China(YUMC.US) Q1 2025 Earnings Conference
Yum China Targets 1,600-1,800 New Stores and Mid-single-digit Sales Growth for 2025
Yum China Misses Q1 Earnings Mark, But Digital Sales Keep Cooking
Yum China Declares $0.24 Dividend
Yum China Shares Are Trading Lower After the Company Reported Q1 EPS and Sales Below Estimates.
Yum China Targets Approximately 1,600 To 1,800 Net New Stores And Capital Expenditures Of Approximately $700M-$800M For 2025
At the moment when the stock price hits a new high, a Shareholder sold 0.1 billion dollars worth of POP MART.
According to media reports on Wednesday, an unnamed major Shareholder of POP MART sold approximately 4.1 million Shares through Trade at a price of HKD 192.95 per share, which is about 2.5% lower than Tuesday's closing price, cashing out USD 0.101 billion. This news sparked concerns, and POP MART fell by 3% at one point today.
Midea's Q1 revenue increased by 20.5% year-on-year, net income surged by 38%, new business is experiencing explosive growth | Earnings Reports insights.
Midea's new Business performance is impressive: In the first quarter, New energy Fund and industrial technology revenue reached 11.1 billion yuan, a year-on-year increase of 45%; Asia Vets revenue was 9.9 billion yuan, a year-on-year increase of 20%; Siasun Robot&Automation revenue was 7.3 billion yuan, a year-on-year increase of 9%. Midea also announced plans to spin off Ande Intelligent Connectivity for listing on the Main Board of the Hong Kong Stock Exchange.
In Q1, HAIER SMARTHOME's revenue increased by 10% year-on-year, net profit grew by 15%, and the high-end brand Casarte saw an increase of over 20% | Earnings Reports insights.
In the first quarter, HAIER SMARTHOME achieved double growth in income and profit, and the digital inventory and digital marketing transformation in the China market continues to advance. The high-end brand Casarte saw an increase of over 20%, and the overall revenue in overseas markets grew by 12.6%.
Kweichow Moutai: In the first quarter, revenue surpassed 50 billion, Net income increased by 11.56%, and the decline in operating Cash flow has drawn attention.
In the first quarter, Kweichow Moutai's revenue exceeded 50 billion, with net income growing by 11.56% year-on-year, but the decline in operating cash flow has raised concerns. Key points summary of financial performance:...