US stocks closed: Trump, Harris concept stocks rose together, Chinese concept stocks remained stable and rose.
1. The market is filled with a wait-and-see attitude, with all three major indexes collectively falling. 2. Trump's media technology group rebounded after hitting bottom. 3. Photovoltaic and clean energy concept stocks strengthened collectively. 4. Reports claim that Nvidia will distribute Super Micro Computer orders to other suppliers.
Large banks are accelerating their expansion to lower-tier cities! The balance of inclusive small and micro loans is increasing while interest rates are decreasing. Small and medium-sized banks are speeding up to attract customers.
From the perspective of inclusive finance, state-owned banks continue to lower the average interest rate on inclusive loans for small and micro enterprises this year, while the loan balance has grown rapidly since the beginning of the year. Joint-stock banks and city commercial banks, on the other hand, compete for customers based on service quality.
Rookie aims to achieve global three-day delivery.
Globalization is accelerating.
Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.
①Zhi Ji Autos' latest announced purchase rights: From now until November 30th, Zhi Ji Autos' entire range of new and old car owners will share a total purchase subsidy value of 1.1 billion. ②A salesperson at a Huawei store told Caixin reporters that Hongmeng Intelligent Travel's November policies have been adjusted compared to October.
Taobao, jd.com, and pdd holdings are rushing into the Hong Kong market, with free shipping services as a breakthrough point.|Going Global Insights
①Some analysts pointed out that the e-commerce penetration rate in the Hong Kong and Macao region is lower than that in the mainland, so there is still room for incremental growth. ②The landing issues of logistics in the Hong Kong and Macao market mainly involve multiple aspects such as goods transit, local logistics distribution labor costs, and network layout costs.
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jd.com is heading towards the instant retail battlefield.
Rekindle the flames of war.
Alibaba's Strong Singles' Day Sales Kickoff Hints At China Consumer Rebound
Alibaba Cloud rekindles its ambitions.
Ride the wave of AI.
Rules for the normalization of existing house loan interest rates have arrived! Understand it in one article.
①Preliminary statistics show that as of October 28, 21 nationwide banks have completed batch adjustments, totaling 53.667 million transactions, reducing the outstanding housing loan interest rates by 25.2 trillion yuan. ②After this round of batch adjustments, the interest rates for existing housing loans have been reduced to 3.3%. If the gap between existing and new housing loan rates is greater than 30 basis points, it will drive a new round of reductions in existing housing loan rates.
PDD Shares Are Trading Lower Following Reports Suggesting the EU Will Probe Temu.
New move for Douyin takeout! The "heartwarming group" model seamlessly integrates dining in and delivery.
①The Douyin takeaway delivery business was established in 2023. ②Starting from November 1, 2024, the Douyin platform will upgrade the original "group buying delivery" business to "freedom group", and the upgraded group purchase coupons will support offline in-store and online takeaway redemption at the same time.
Temu To Face EU Probe Over Handling Of Illegal Product Sales
The operating conditions of the six major state-owned banks in the first three quarters have all been revealed, with a total net profit attributable to the parent company exceeding 1 trillion, earning 3.867 billion per day, and the overall asset quality i
As of October 30, the quarterly reports of state-owned major banks have all been disclosed. Among the six state-owned major banks, the revenues of ICBC, ABC, and BOC for the first nine months year-on-year. Bank of Communications, Agricultural Bank of China, China Construction Bank showed that the proportion of time deposits is still rising.
Did Ye Guofu win a game against Jack Ma?
Retail stands a new king.
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Tencent Shuts Down Layoff Rumors While Announcing Major Leadership Shake-Up
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Xiaomi Conference: Xiaomi 15 starts at 4499 yuan, pre-sale price of SU7 Ultra is 0.8149 million yuan, with the smarter AI voice assistant Xiao Ai.
Xiaomi 15 starting at 4499 yuan, custom version without additional charge and 40 custom version combinations, bright silver version starting at 4699 yuan, diamond limited edition starting at 5999 yuan. Xiaomi 15 Pro series smartphone pricing announced, starting at 5299 yuan. Xiaomi Pad 7 pricing announced, starting at 1999 yuan. Xiaomi SU7 Ultra pre-sale price of 0.8149 million yuan, officially launched in March 2025, with pre-orders opening 10 minutes and a breakthrough in pre-order quantity exceeding 3680 units.
Express News | U.S.-listed shares of Chinese firms rise in pre-market trading, NIO shares up 5% and BABA shares up 3%.