[Data Viewing] Three major first-tier funds join forces to seize Guoguang Electric, while Algo funds fully activate to trade multiple stocks.
① AI glasses Concept stocks Guoguang Electric received Buy from three leading speculative funds, with a total Buy amount exceeding 0.4 billion. ② Algo funds have been highly active recently, today multiple stocks were subject to Algo trading, among which Visual China Group received a Buy of 0.117 billion by the Shanghai branch of CICC while selling over 50 million.
The Volcano Engine creates an AI voice toy, which may become one of the first applications of AI Hardware.
① It is understood that Volcano Engine has collaborated with Shanghai Fortune Techgroup to create AI voice toys, with its Wi-Fi module provided by Bestechnic (Shanghai) Co., Ltd. Tuya Inc. also participated in providing relevant modules and integration platforms. ② GF SEC analyst pointed out that the AI toy sector combines Education and companionship attributes, representing a real demand direction for AI Hardware, and is Bullish about the market potential for AI toys.
Beijing Roborock Technology: The European market is shifting to a self-operated sales model, and online sales of washing and drying machines surged during the Singles' Day Sales | Insights from the Earnings Conference.
① The Chairman and General Manager Chang Jing stated that this year's year-end promotions combined with the national subsidy policy have contributed to the overall development of the Industry, and the company's related sales are continuing steadily. ② Beijing Roborock Technology noted that the impact of USA tariffs in the third quarter has begun to manifest, but currently the overall effect on the company's financial statements is relatively small.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.
Increased sales expenses drag down profits? Shanghai Flyco Electrical Appliance: It is due to the launch of multiple new products and increased investment and online promotion | Directly addressing the earnings conference.
1. shanghai flyco electrical appliance Q3 net income declined by more than 30%, the company's CFO Hu Ying said it was mainly due to the dual impact of the company's global strategy adjustment transition period and changes in consumer environment; 2. shanghai flyco electrical appliance stated that the year-on-year increase in sales expenses was mainly due to changes in the market environment and the introduction of more new products this year, resulting in increased investment and online promotion.
XGIMI Technology: The car business may generate certain revenue next year. Baidu's shareholding reduction is mainly due to financial considerations|Direct hit shareholders meeting
① Since the beginning of this year, XGIMI technology has faced a continuous decline in revenue and net income in each quarter; ② At this shareholder meeting, the relevant person in charge of XGIMI technology responded to market concerns regarding the in-car projection business, their views on the expansion of losses, and the shareholding reduction of the Baidu system.