Market Chatter: PDD Holdings Executives Pressed by China Regulators Over Refunds Policy
Express News | China Watchdog Orders Temu-Owner PDD to Fix Refunds Policy - Bloomberg News
The "Great Debate on Algorithms": Criticizing good and evil is easy, but winning the competition is very difficult.
Introduction: Man, the tool-making animal. The ability of humans to create and use tools is one of the key differences between humans and other animals. From simple stone tools to complex machines and Electric Appliances, the evolution of tools reflects the progress of human society and the development of Technology. Entering the digital age, algorithms, with their intangible power, subtly reshape our ways of information acquisition, Consumer habits, and even social patterns. However, with the widespread application of algorithms across various fields of society, the controversies and doubts they provoke also follow closely. Discussing the good and evil of algorithms is meaningless; algorithms are merely tools, and one would discuss.
Hong Kong stock morning report on December 11: Citic Lyonn claims to be Bullish on the KUAJINGZIJIN flow and IPO recovery of the Hong Kong Stock Exchange, with SenseTime's share placement financing nearly 2.8 billion Hong Kong dollars directed towards cor
① CITIC Securities is Bullish on the flow of KUAJINGZIJIN and the recovery of IPOs at the Hong Kong Stock Exchange. ② SenseTime's share placement financing of nearly 2.8 billion yuan is used for the development of core Business. ③ HUA HONG SEMI's 12-inch production line at the Wuxi base has been completed and is in production. ④ The Shanghai Stock Exchange will review Guolian Securities' additional share issuance and acquisition matters next week.
U.S. stocks closed: The Dow Jones fell for four consecutive days, Chinese concept stocks plummeted over 4%, as the market focused on the CPI report.
① The Nasdaq China Golden Dragon Index fell 4.34%, as China Concept Stocks collectively declined; ② Apple is reportedly planning to equip its smartwatches with satellite communication capabilities; ③ Google A rose 5.62%, as the company launched its latest quantum chip "Willow," achieving significant technological breakthroughs; ④ Microsoft shareholders voted against the Bitcoin investment proposal.
PDD Holdings Options Spot-On: On December 10th, 90,214 Contracts Were Traded, With 1.58 Million Open Interest
Stock_Drift OP : Overnight $PDD Holdings (PDD.US)$