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Choosing between A-shares or Hong Kong stocks, Technology or non-Technology? Goldman Sachs' Research Reports respond to two major hot topics in investing in China.
① Currently, should investors continue investing in Hong Kong Stocks or shift to the A-share market? Should the focus be on the Technology Sector or shift to Consumer, Real Estate, and other non-Technology sectors? ② On Wednesday, Goldman Sachs' chief China Stocks strategist, Liu Jinjing, provided an analysis in his report.
【Hotspot Tracking】JD.com Food Delivery surpassed one million orders in 40 days: Retail offensive and defensive strategies have entered the "quality battle" stage.
Jingwu Finance | On March 24, JD.com's food delivery service announced that within 40 days of its launch, the platform's daily Order volume has surpassed 1 million. The platform has attracted over 450,000 high-quality dine-in Restaurants to join, covering 142 cities nationwide. Previously, on March 20, JD.com's food delivery service announced that it had signed formal labor contracts with over 10,000 full-time delivery riders, and is gradually implementing the contribution of social insurance and housing funds. Since JD.com proudly announced its entry into food delivery, its commercial actions have maintained a trend of 'full force,' including zero commission significant promotions to attract new merchants and improvements in the welfare benefits for delivery staff, along with multiple initiatives targeting Restaurants.
After the low-key release of DeepSeek-V3, the industry was shocked and once again questioned the Silicon Valley model.
① DeepSeek released the V3-0324 model on Monday evening, with preliminary tests showing that it can run on Consumer-grade Hardware, breaking the traditional notion that large models require a Datacenter; ② DeepSeek's model continues to reduce the energy consumption and computing costs of large models while maintaining an open-source approach to continuously drive technological innovation, leading to the rapid development of the domestic AI Industry and raising questions about Silicon Valley's closed and paid model.
Express News | Jack Ma-backed, Ant Group Co., utilized semiconductors manufactured in China to create methods for training AI models, resulting in a 20% reduction in costs, according to sources (Bloomberg)
Liu Qiangdong expressed: ensure the basic employee's rights and interests, looking forward to a happy life together for all layers of society.
On March 21, Liu Qiangdong, the founder of JD.com (09618), shared a widely discussed message on his social media. He stated that the past year has been the most fulfilling year in his 20 years of entrepreneurship. The reason is that over 1,200 JD.com delivery personnel are entering retirement, and these retired couriers can not only withdraw several hundred thousand yuan in housing funds at once but also receive an average monthly pension of 5,350 yuan, along with comprehensive medical insurance coverage. Liu Qiangdong expressed that when JD.com recruited its first batch of couriers in 2007, the company's annual income was only 30 million, and the operation faced tremendous pressure.
The "gap" in the implementation of the DeepSeek large model integrated machine | Depth
① The customer demand for the DeepSeek all-in-one machine has significantly increased, more than doubling compared to the customer density brought by ChatGPT in the previous two years. ② Currently, there is a severe shortage of relevant technical talent in government and enterprises, and there is a considerable gap between large models and their Business implementation.