Market Chatter: Baidu Receives License for Robotaxi Trials in Hong Kong
Fangzhou Inc. Strengthens Partnerships With Tencent and Baidu, Unveiling Its "AI Agent Solution"
Hong Kong stock market morning report on December 2: Funds have inflowed into U.S. stock funds for four consecutive weeks; electric vehicle companies' sales for November have been released.
①President-elect Trump met with Canadian Prime Minister Trudeau. ②The USA plans to impose tariffs of up to 271% on imported cecep solar energy from four Southeast Asian countries. ③Last Friday, the three major stock indexes in the USA collectively rose, with most china concept stocks trending higher. ④USA stocks fund attracted 12.78 billion US dollars, receiving inflows for the fourth consecutive week. ⑤BYD, XPeng Motors, and NIO released their November sales figures.
Baidu, Inc. (BIDU): JPMorgan Downgrades to Neutral Amid Uncertainty in Macro Outlook and Generative AI Impact
According to foreign media, Hillhouse plans to raise an 8 billion dollar acquisition fund to accelerate the exploration of global investment opportunities.
Recently, according to The Wall Street Journal, the private equity giant Hillhouse is planning to start raising a global M&A thematic fund with a scale of over $8 billion next year, focusing on global market investment opportunities including China, Japan, South Korea, and Southeast Asia in Asia. Despite the current complex and volatile market environment, investment institutions face many difficulties and challenges, Hillhouse still maintains a keen insight into the market, actively seeking investment opportunities, and continues to focus on the layout of global investment business. The report mentioned that Hillhouse has recently hired additional staff in London, Japan, and Singapore, planning to bring its investment experience, industrial innovation, and supply chain capabilities from China to these areas.
Top Gap Ups and Downs on Friday: MUFG, UBS, SMFG and More
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