Express News | NIO up 1.4% and PDD Holdings 2% Premarket
Express News | JD.com Jumps 3.9%, Li Auto Rises 6.3%, Xpeng Jumps 7.4% Premarket
Express News | U.S.-Listed Shares of Chinese Firms Rise Premarket as Trump Holds off on Imminent Tariffs
United States Autonomous Vehicles Industry Report 2025: Market to Grow by Over $200 Billion by 2033, Fueled by AI Advancements, Increased R&D by Waymo and Tesla, and Government Support
Baidu Wenku: The monthly active users of AI features have exceeded 90 million, with a year-on-year increase of 230% in daily active users.
Sina Technology reported on January 21 that at today's Baidu AI Open Day, Baidu Vice President and head of the Document and Cloud Storage departments, Wang Ying, revealed that the AI function of Baidu Document has surpassed 90 million monthly active users, with a year-on-year growth of 230% in daily active users; the number of paid users has exceeded 40 million. It is reported that over the past year, more than 100 AI features have been introduced on Baidu Document: Asia Vets PPT, which can generate a PPT in one sentence and also beautify a draft PPT with one click; AI web search, which not only provides information but can also organize online materials into timelines, mind maps, and comparison tables; Intelligent audio-visual textbooks, allowing every parent to...
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Hong Kong stocks movement | Network Technology stocks all rose sharply in the morning, with JD-SW (09618) up over 7% and Alibaba-W (09988) up over 6%.
Network Technology stocks rose across the board in the morning, driving the Hang Seng TECH Index up over 3%. As of the time of writing, JD-SW (09618) rose 7.36%, trading at 157.5 HKD; Alibaba-W (09988) rose 6.32%, trading at 85.85 HKD.
Hong Kong Stock Concept Tracking | OpenAI's next-generation reasoning model o3 will be launched in the coming weeks, bringing us one step closer to the AGI era (including concept stocks).
The CEO of OpenAI, Sam Altman, posted on the Social Media platform X, stating that OpenAI has completed its new reasoning AI model o3 mini and will launch it in a few weeks.
Trump Told Advisers He Wants to Visit China as President
Citi Maintains Baidu(BIDU.US) With Buy Rating, Cuts Target Price to $139
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6-K: Report of foreign private issuer (related to financial reporting)
Baidu, Inc. Schedules Board Meeting and Earnings Release for February 2025
On February 17, Baidu Group-SW (09888.HK) held a Board of Directors meeting to approve the financial performance announcement for the fourth quarter of 2024 and the 2024 fiscal year.
On January 17, Glorify reported that Baidu Group-SW (09888.HK) announced that the group's Board of Directors will hold a meeting on February 17, 2025 (Monday) to approve the group's unaudited performance for the three months and fiscal year ending December 31, 2024, as well as the announcement ('2024 Fourth Quarter and 2024 Fiscal Year Financial Performance Announcement'). The group will upload the 2024 Fourth Quarter and 2024 Fiscal Year Financial Performance Announcement to the stock exchange after trading hours on February 18, 2025 (Tuesday) (Peking/Hong Kong time) and before the opening of the USA market.
DATE OF BOARD MEETING
The US stock market fluctuated and then declined, Apple fell by 4%, Taiwan Semiconductor's ADR once rose over 7%, and Luxury Goods stocks along with European and American government bonds increased.
In December, USA's retail sales growth was weaker than expected, but the Philadelphia January manufacturing Index reached its highest level in nearly four years. Federal Reserve Board member Waller predicted that there might be up to four interest rate cuts this year, which lowered USA Treasury yields and the dollar. The S&P experienced its first decline in four days, previously boosted by Banks' Earnings Reports. Taiwan Semiconductor's quarterly report confirmed AI demand, leading to most chip stocks rising. Luxury Goods giant Richemont's earnings surpassed expectations, causing a collective increase among peers that pushed French stocks up over 2%. The China concept index rose against the trend, with DouYu increasing by about 28%. The yen approached 155, Bitcoin hovered around $0.1 million, oil prices fell from a six-month high, and Gold reached its highest in five weeks. As a cold wave hit, Henry Hub Natural Gas surged over 4%.
Hong Kong stocks early news on January 17: USA's retail growth in December was lower than expected, with mixed trends for Chinese concept stocks in US markets.
① Retail sales in the USA grew by 0.4% month-on-month in December, which is below market expectations. ② The number of people applying for unemployment benefits for the first time in the USA last week increased by 0.014 million to 0.217 million. ③ The three major indices of the US stock market collectively fell on Thursday, with China Concept Stocks fluctuating. ④ The World Bank warns that Trump's tariff policy may hinder this year's Global economic growth. ⑤ Federal Reserve official Waller stated that if the inflation rate declines, the rate cuts may be stronger than market expectations.
Gamma Data: In 2024, the Global AI industry financing amount exceeded 400 billion yuan, a year-on-year growth of over 77%.
In 2024, the Global AI industry financing amount exceeded 400 billion yuan, with a year-on-year growth of over 77%. The financing amount for general models reached 266.5 billion, accounting for over 50% of the total financing amount.