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.

wallstreetcnDec 9 19:27 ET

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.

cls.cnNov 26 05:06 ET

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.

cls.cnNov 20 20:43 ET

Industry giants are stepping in, and the siasun robot&automation industry is expected to see an explosive growth.

1. With companies like Huawei and contemporary amperex technology ramping up their investments and local policies being introduced, the industrialization process of domestic embodied asia vets is accelerating. 2. In a recent research report, Open Source Securities believes that Huawei possesses capabilities similar to those of Tesla and has a core competitive advantage in developing the humanoid robot industry.

cls.cnNov 19 19:02 ET

Major asset restructuring changes, jinfa labi intends to reduce the acquisition of the target equity to 51% | Speed ​​reading announcement

① Jinfa Labi has terminated the major asset restructuring, changing to the acquisition of 51% equity in Zhuhai Hanfei and Zhongshan Hanfei, which does not constitute a major asset restructuring. ② Jinfa Labi has incurred net income losses for two consecutive years, with revenue of 0.139 billion yuan in the first three quarters, down 7.63% year-on-year, and a net income attributable to shareholders of -9.9525 million yuan.

cls.cnNov 17 08:46 ET

Household appliance consumption ranks top on singles' day sales. How much impact does the trade-in of old for new have on manufacturers' performance?

① This year's singles' day sales, household appliances topped the category sales chart with a sales figure of 152.6 billion yuan. ② The "national subsidy" policy for replacing old appliances with new ones has significantly boosted appliance sales in the short term. ③ Analysis suggests that based on the strong demand in the current appliance market and the ongoing policy momentum, household appliance sales are expected to continue growing in the fourth quarter.

cls.cnNov 13 10:09 ET