$Canaan (CAN.US)$ Chinese concept stocks collectively took a dive, with alibaba plummeting by two-thirds. The US used a pretext of auditing and clamored for the delisting of Chinese concept stocks. On the Chinese side, the actions of futu and tiger in attracting customers in China were defined as driving without a license. It seems to be quite coordinated. It appears that the policies of both countries do not want Chinese concept stocks to continue thriving in the US. They can only delist gradually through privatization and turn to Hong Kong, right? If they collectively fall below one US dollar and are forcibly delisted, that would be very embarrassing. The question is, can Hong Kong handle the re-listing of trillions of US dollars worth of Chinese concept stocks? It would be strange if the Hang Seng Index doesn't fall. Clearly, there is an overabundance of stocks compared to demand.

$Shenzhen Zqgame (300052.SZ)$ Recently, the concept stocks related to the metaverse have been continuously hot, with several individual stocks experiencing amazing short-term gains, which has attracted high attention from the regulatory authorities. Following Shenzhen ZQgame, Hubei Century Network Technology Inc., Inmyshow and others receiving attention letters from the exchanges, last night, Beijing Philisense Technology, a new player in the metaverse concept that has been limit up for four consecutive days, also received an attention letter from the Shenzhen Stock Exchange. Regarding the recent stock price surge, the attention letter directly asks: Are you capitalizing on the metaverse trend?
Although the metaverse concept continues to receive attention from the regulators, it has not dampened investors' enthusiasm for speculation. Overnight, the first metaverse stock listed on the Nasdaq in the USA, Roblox, surged over 40%, reaching a new high since its listing, injecting new momentum into the A-share metaverse concept speculation once again. Easy Show only made a slight adjustment after opening slightly lower, then resumed its upward trend, closing at the limit up by midday.
The metaverse concept index, which just saw a correction yesterday, opened significantly higher today, with a gap-up and continued uptrend, experiencing a substantial increase of over 4% on high volume against the market trend, once again hitting a historical high with trading volume surpassing the entire previous day by midday. Col Group Co.,Ltd. and Wuhan P&S Information Technology saw a 20% increase, while Beijing Philisense Technology and Wuhu Token Sciences either hit the limit up or surged over 10%.
The speculation around the concept of metaverse not only has not been affected by regulation, but instead shows signs of diffusion. Today, in response to investor inquiries about whether the company holds shares in the social metaverse Uki, comparable to Facebook, Guizhou Yongji responded on the interactive platform that the company's investment fund has a 6.8% stake in Shanghai Niuka Information Technology Co., Ltd. The company will fulfill disclosure obligations in a timely manner according to relevant regulations and progress. Guizhou Yongji surged from near flat in early trading this morning, with a sharp increase in just a few minutes.
Hangzhou Anysoft Information Technology announced today that, in order to promote cooperation in the VR-related field and drive the development of the VR industry, the company signed a 'Strategic Cooperation Framework Agreement' on November 9, 2021 with China Mobile (Jiangxi) Virtual Reality Technology Co., Ltd. and Data Automation Co., Ltd. based on the principles of complementary advantages, mutual benefit, and long-term cooperation. The agreement aims to achieve strategic cooperation in VR/AR, robotic metaverse, artificial intelligence, digital twin, and other areas. Hangzhou Anysoft opened significantly higher this morning, hitting the limit up within seconds, with trading volume exceeding yesterday's full day in just 1 minute.

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$Pfizer (PFE.US)$
Thank you

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