In December, China's total retail sales were recorded at 4.355 trillion yuan, rising 7.4% y/y or +0.42% m/m.
Retail sales of goods were 3.814 trillion yuan, which rose by 4.8%y/y;
Total revenue for the catering industry was 540.5 billion yuan, which rose 30.3%.
$Hang Seng H-Share Index ETF (02828.HK)$ $Hang Seng Index (800000.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $iShares MSCI China ETF (MCHI.US)$ $BABA-W (09988.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$

China’s best-selling budget electric car that is built under a joint venture involving $General Motors (GM.US)$ outshone the combined delivery numbers of the “big three” homegrown players $NIO Inc (NIO.US)$ , $XPeng (XPEV.US)$ and $Li Auto (LI.US)$ in November.
What Happened: The Hongguang Mini EV built by Wuling — a partnership between China’s state-owned SAIC Motor and GM — sold 45,576 units in November,  a jump of 22.1% from a year ago, and a decline of 4.7% sequentially, as per a cnEVpost report.
For comparison, the three EV startups' combined delivery volumes came at 39,976 electric vehicles during the month. All three players delivered more than 10,000 electric vehicles each -- with Xpeng leading the pack at 15,613 units, Li Auto grabbing the second spot at 13,485 units and Nio dispatching 10,878 units to dealers during the month.
The basic Hongguang Mini starts at $4,500 and goes up to $6,000 for its most premium variant named Macaron. Rival electric vehicles including those of $Tesla (TSLA.US)$ cost significantly higher.
Why It Matters: GM has several other partnerships in China and doesn't always individually break down revenue and profit numbers in its financial results. The automaker has set ambitious targets to switch to electric and autonomous driving under CEO Mary Barra.

Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Every major index moved higher last week. Here is the weekly buzzing stock list of last week:
1. PHUN - Buzzing Stars: ⭐⭐⭐⭐⭐
PHUN stock fell 50.92% to $4.290 last week after the company announced it would accept Bitcoin as a form of payment for purchases made on Lyte Technology, its newly acquired business unit offering gaming PCs.
● Mooers comment
@Deezy_McCheezy:
@moom lives:  Just be happy
To play stocks, you must first have a good attitude, don't panic when you fall, you must have your own opinions when buying stocks! Don't listen to wind or rain! Like me! Last year I voted 150,000, listen to this and listen to that, and finally lost 50,000! Later, after my own exploration and study, I have my own ideas and strategies! Finally lost the remaining 100,000.
2. TSLA - Buzzing Stars: ⭐⭐⭐⭐
With Elon Musk becoming the first person to be worth more than $300 billion, TSLA stock crossed $1 trillion in market capitalization boosted by interest from investors and encouraging EV policies from Washington.
● Mooers comment
@tianenelijah: Let’s push on tomorrow push higher ! We all can do it earn tgt
@kindajoshua: $Tesla (TSLA.US)$ $Futu Holdings Ltd (FUTU.US)$ My favorite two companies in the world. Guys happy Halloween and happy birthday to FUTU. please take us to the moon.
3. DWAC - Buzzing Stars:⭐⭐⭐⭐
DWAC stock dropped 28.08% last week and closed at $67.750 last Friday. The significant decline appears to have been sparked by Trump's comments about the challenges of competing with technology giants.
4. MARK - Buzzing Stars: ⭐⭐⭐⭐
MARK stock closed at $2.110 last Friday with a weekly decline of 2.76%, despite rocketing 45.16% last Monday as the DWAC frenzy took it higher.
● Mooers comment
@Appley: $Remark Holdings (MARK.US)$Hi all
I’m also losing a big chuck from this stock. But I think we just have to bite through and be patient. If price dropped further it will be a good chance to buy in somemore to average out to a lower cost. Personally I think this stock will bounce back but when no one knows… We need to follow up the news on DWAC and PHUN as well as Donald Trump.
5. AMC - Buzzing Stars:⭐⭐⭐
Shares of AMC lost 3.36% last week and finally closed at $35.370. The stock gained 1.35% last Thursday as IMAX reported its earnings and saw a 52% year-over-year rise in quarterly revenues.
● Mooers comment
@Smoke-A-Shotgun: $AMC Entertainment (AMC.US)$
@Rogue Trader 7: waiting for Monday be like...
6. OCGN - Buzzing Stars: ⭐⭐⭐
OCGN made it into the list of best healthcare performers last week as its development plans for the COVID-19 shot made progress. Its stock price closed at $11.840, with a weekly rise of 42.31%.
● Mooers comment
@70815893: $Ocugen (OCGN.US)$This will be approved as the world is screaming for a conventional old style vaccine that has worked for more then 50 years. And sales will grow as the years bring new variants this med will be upgraded. Covid is not going away, humans will need to be vaccinated every year. Top scientists say covid will be the new flu and that it's more likely to be much more of a problem then the flu.
7. AAPL - Buzzing Stars:⭐⭐⭐
After reporting its earnings last Thursday, AAPL stock was up 0.75% to $149.800 last week. EPS came in at $1.24 versus the estimate of $1.24. Revenue came in at $83.36 billion versus the estimate of $84.85 billion.
● Mooers comment
@Subhash Mishra: FQ4 GAAP EPS of $1.24 in-line.
Revenue of $83.36B (+28.9% Y/Y) misses by $1.63B.
Shares -3.7%.
Products revenue of $65.08B vs. $68.72B consensus
iPhone revenue of $38.87B vs. $41.60B consensus,
Read more...
8. FB - Buzzing Stars:⭐⭐⭐
FB saw its stock price close at $323.570 with a weekly decline of 0.35%. The company has changed its name to Meta Platforms Inc., decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality. 
● Mooers comment
@Smart Jerry: What is Metaverse？
Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space.
People use AR and VR technologies to build a new world that merges the physical and virtual worlds. Everyone has new opportunities there.
Read more...
9. LCID - Buzzing Stars:⭐⭐⭐
LCID stock jumped 53.42% to $36.990 over the past week. On Oct. 27, Lucid confirmed it will hand over the first batch of the Dream Edition on Oct. 30 at its Dream Delivery event in California.
● Mooers comment
@Johnsh: $Lucid Group (LCID.US)$ One word: cool
@无名n_n: The 2 green on my screen! lets go LUCID!!!
10. PROG - Buzzing Stars: ⭐⭐
PROG shares were up 21.62% to $3.600 last week with PROG receiving a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
● Mooers comment
@Caleb Utt: $Biora Therapeutics (PROG.US)$  If you buy a stock and the moment it turns red you're posting "WHAT DO I DO???????", you have no business on the stock market. The fact you don't understand the most basic ebb and flow which is price fluctuation up AND down and think it's always supposed to be green if you "made the right buy", demonstrates you not only did 0 research on the market but lack basic knowledge that may have been an elective class at school growing up. Read more...
Thanks for your reading!
Awarding Moment
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
@VCSuccess @allen kidd @GlenPeh @Maz The AMC Rilla @战神鑫爷 @GratefulPanda @makankaki @Syuee @HopeAlways @Jia Yung @GT1982 @Upncoming1841
We really appreciate your great insights! Read the top comments last week!
Notice: Reward will be sent to you this week. Please feel free to contact us if there is any problem.
Part Ⅲ: Weekly Topic
Time to be rewarded for your great insights and knowledge!
This week, we'd like to invite you to comment below and share your idea on:
"Which company do you like best?" and "Why?"
We will select 20 TOP COMMENTS by next Monday.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
Top Comment Technique:
● Fundamental / Technical / Capital Analyses
● Personal Trading Experience
● Any bright insights or knowledge
Previous of WeeklyBuzz
Weekly Buzz: "Have some PHUN."
Weekly Buzz: "Be optimistic but don't be too optimistic."
Weekly Buzz: "I'm not mad. I'm just disappointed."
Disclaimer: Comments below are made available for informational purposes only. Before investing, please consult a licensed professional.