$Tesla (TSLA.US) $Chief executive Musk (Elon Musk) said Tesla had suspended accepting bitcoin as a way to pay for his car.Mr. Musk tweeted on Wednesday that he was concerned about the rapid increase in fossil fuel use, especially coal, during bitcoin mining and trading. Mr Musk said Tesla would not sell any bitcoins and would be willing to use bitcoins in transactions as soon as the energy consumption of mining became more sustainable. Mr Musk himself is a staunch believer in digital money and an advocate of clean technology.

$Toyota (TM.US) $(Toyota Motor) announced a new goal of decarbonization. Increase global sales of electric vehicles, including hybrid (HV), to 8 million by 2030Nearly four times as much as in fiscal year 2020 (as of March 2021). This is equivalent to about 80% of Toyota's recent global sales. The original target for electric car sales was to reach 5.5 million by 2025. According to regional targets, electric vehicles will account for 100% of new car sales in Europe by 2030. Japan accounts for 95%, North America 70%, and China 100% by 2035.

To cope with the global shortage of semiconductors$F.US (Ford) $(Ford Motor), a car company, is redesigning car parts to use chips that are more readily available.The company is considering other future strategies, including establishing a buffer supply of chips and signing direct supply agreements with contract manufacturers that make semiconductor wafers. About 60% of the chips used in Ford are 55 nanometers or larger, and the supply of these chips is limited. Ford said last month that the chip shortage would cost it $2.5 billion this year and halve car production in the second quarter.

Less than four months after the last round of financing was completed, WeRide, a self-driving company, announced the completion of round C financing of hundreds of millions of dollars, with a post-investment valuation of $3.3 billion.. This round of investment institutions include IDG Capital, Hechuang Investment, Cornerstone Capital, Cypress Star, Yunjiu Capital, K3 Ventures and so on. Wenyuan Zhixing early investors CMC Capital, QiMing Venture Partners, Luofeng Capital and so on continue to participate.

Samsung Electronics (ADR) (SSNGY.US) $(Samsung Electronics) and Hyundai (Hyundai Motor) decided to work together to deal with the shortage of automotive chips.. South Korea's Ministry of Industry, Trade and Resources, Samsung Electronics and Hyundai signed an agreement on strengthening cooperation between the demand side and the supplier side of automotive chips at the Samsung Electronics Pyeongze factory on the 13th with the Korea Automotive Research Institute and the Korea Electronic Technology Research Institute. The purpose of the agreement is to create a robust ecosystem for the domestic automotive chip industry, support the future research and development of automotive core semiconductors, and then lay a cooperative foundation for governments, enterprises and institutions to deal with the global shortage of automotive chips. work together for the independent production of future automotive core chips.

$Google (GOOG.US) $(Google) announced that its cloud division has won a contract to provide computing and network resources to Musk's SpaceX company to help SpaceX provide Internet services through its "star chain" (Starlink) satellite.. Under the cooperation agreement, SpaceX will install ground stations in Google's data center to connect SpaceX's "star chain" satellites, and plans to provide fast Internet services for enterprises in the second half of this year. The deal represents a victory for Google in the cloud computing market. At present, the cloud computing market is growing rapidly, and Google is trying to grab share from Amazon and Microsoft.

(ACM), the competition and market authority, the Italian antitrust agency, announced that$Google (GOOG.US) $Impose a fine of 102 million eurosThe reason is the abuse of the dominant position of its Android mobile operating system and app store Google Play. Google dominates the market through Android and the app store Google Play, allowing it to control the reach of app developers to end users, ACM said in a statement. ACM added that nearly 3 percent of Italians use smartphones based on Android.

The most valuable listed company in Africa$Naspers (ADR) (NPSNY.US) $Trying to bridge the valuation gap of $100 billion between its market capitalization and the value of its stake in Tencent (Tencent Holdings).. The gap has long been a headache for its investors. Naspers provides common shareholders with the opportunity to swap their shares for their Amsterdam listed subsidiaries$PROSUS NV SPNSRD (PROSY.US) $Newly issued shares. Prosus is Tencent's largest shareholder. Naspers and Bob van Dijk, chief executive of Prosus, estimate that the move will immediately create about $11 billion in value for shareholders. Prosus will buy back $5 billion worth of shares after a stock swap with Naspers.

$Citigroup (C.US) $It plans to hire 1000 financial professionals in Hong Kong over the next five years, hoping to increase its assets under management in Asia by $150 billion from the current $310 billion, it said on Thursday.. Recruitment has begun, with 75 private bankers and account managers recruited so far in 2021, the bank said. By 2025, the company will have 550 new private bankers and account managers. In 2020, Citi had net inflows of more than $20 billion in Asia, a record for the bank.

Anyang Iron and Steel (600569.SH) $According to the announcement, Angang Group, the controlling shareholder, intends to carry out mixed ownership reform, and Shagang Group intends to participate in the mixed ownership reform of Anyang Iron and Steel Group.The two sides signed the Agreement on the intention of Shagang Group to participate in the mixed ownership Reform of Anyang Iron and Steel Group on May 13, 2021. Anyang Iron and Steel said that Shagang Group intends to participate in the mixed ownership reform of Anyang Iron and Steel Group on the principle of marketization and legalization, and become the controlling shareholder of Anyang Iron and Steel Group, and there is the possibility of changes in the company's ownership structure and actual controllers. If Shagang Group successfully reorganizes Angang Group, its crude steel output will reach 51.64 million tons, surpassing Hegang Group and becoming the second largest steel enterprise in China.

Musk's SpaceX disclosed its next plan to test its giant starship (Starship) rocket in a document submitted to the Federal Communications Commission on Thursday.The rocket will crash off the coast of Hawaii. SpaceX has conducted several test flights on the Starship prototype over the past year, but the plan outlines the company's first attempt to put the rocket into orbit.

(HITACHI) of Hitachi Studio changed its president for the first time in about 7 years.. Vice president Keiji Oshima will become president and chief operating officer (COO) on June 23. Toshihara Toshihara, the current president, is appointed as the representative president and CEO (CEO). The appointment of experienced Kojima as president, such as R & D and business restructuring, will lead to a smooth transition of Hitachi's management system. The island was born as a researcher. A mechanism has been built to enable Hitachi to make money through the Internet of things platform "Lumada" launched in 2016, and to put the data business on track.

$Estée Lauder (EL.US) $The construction of the China project of (Estee Lauder) Global R & D Center officially started on May 13th.. In the near future, the largest innovation R & D center in the international market of Estée Lauder Group will be completed, and it will become one of the global engines of innovation, patents and leading technology of the Group. In February 2020, Estée Lauder Group announced plans to build a world-class R & D center in China. On November 8, 2020, during the third China International Import Expo, the people's Government of Shanghai Minhang District, Lingang Group and Estée Lauder Group held a signing ceremony to officially announce that Estée Lauder Group's global R & D center is located in Caohejing Science and Technology Oasis Park, Minhang District, Shanghai.

ValueAct Capital, a US hedge fund, disclosed that it has held 4.4 per cent of the parent company of the Japanese convenience store chain 7-11 and Seven & i Holdings) Holdings.And believes that the value of its shares is much higher than the current market value. If Qi and Yi Holdings can restructure, focus on the convenience store business, or spin off 7-11, 7-11 could be worth more than twice its current valuation, the fund said.

Coming soonJD.com Logistics (temporary Code) (810068.HK) $Disclose first quarter revenueRevenue in the first quarter of 2021 was 22.4 billion yuan, an increase of 64.1% over the same period last year. Data show that the number of JD.com logistics employees reached about 260000, an increase of 90, 000 over the first quarter of last year. In 2020, JD.com logistics integrated supply chain accounted for 75.8% of the total revenue. JD.com Logistics formally submitted its IPO application to the Hong Kong Stock Exchange on February 16 this year. It is reported that JD.com Logistics plans to launch an initial public offering from May 17 to May 21 and list in Hong Kong on May 28.

Financial report information

$Alibaba (BABA.US) $Release financial results for the fourth quarter and full year of fiscal year 2021 ended March 31, 2021. Q4 had revenue of 187.395 billion yuan (the same below, US $28.602 billion), up 64 per cent from a year earlier; excluding the impact of the merger of Gaoxin Retail, revenue was 159.952 billion yuan ($24.413 billion), up 40 per cent from a year earlier. The adjusted net profit was 26.216 billion yuan, an increase of 18% over the same period last year.

SMIC (00981.HK) $Release first quarter 2021 results. Q1 revenue was 1.1 billion US dollars, an increase of 22 percent over the same period last year, an increase of 12.5 percent month-on-month. Gross profit of Q1 was 250 million U.S. dollars, an increase of 7.1 percent and an increase of 41.5 percent. Gross profit was 22.7 percent, 25.8 percent in the same period last year, and 18.0 percent in the previous quarter. Q1 net profit increased 125.9 percent over the same period last year.

$bilibili (BILI.US) $In the first quarter of 2021, revenue was 3.9 billion yuan, compared with 2.316 billion yuan in the same period last year, an increase of 68 percent over the same period last year; revenue from mobile games was 1.107 billion yuan, up 2 percent from the same period last year; a net loss of 903 million yuan, compared with a loss of 500 million yuan in the same period last year; and an adjusted net loss of 665.8 million yuan.

$Xiaopeng Automobile (XPEV.US) $In the first quarter of 2021, revenue was 2.95 billion yuan, an increase of 616% over the same period last year; a net loss of 786.6 million yuan in the first quarter, compared with 649.8 million yuan in the same period last year; and a gross profit margin of 11.2% in the first quarter, with an adjusted loss of 0.44 yuan per share.

British luxury brands$Burberry (BURBY.US) $It said that the rebound in sales in the fourth quarter was partly due to the strong performance of the Chinese market. Its sales fell 10 per cent to £2.34 billion ($3.29 billion) in the fiscal year ended March 27th, as store closures and tourism failed to live up to expectations. Adjusted operating profit fell 9 per cent to 396 million. Although 16 per cent of stores were still closed in the fourth quarter, comparable same-store sales rose 32 per cent year-on-year, with quarterly full-price sales rising 63 per cent, led by Chinese mainland, South Korea and the US.

$Airbnb (ABNB.US) $Revenue in the first quarter was $887 million, up 5% from a year earlier, and a net loss of $1.172 billion, compared with a net loss of $341 million in the same period last year. Airbnb CEO said: it is expected that the return of urban and cross-border tourism will be an important driving force in the coming quarters. Audemars Piguet fell 0.78% in welcome trading.

Encrypted currency exchange$Coinbase Global, Inc. (COIN.US) $The company released its first financial results for the first quarter of fiscal 2021, the first since IPO went public. Coinbase's revenue in the first quarter was $1.8 billion, below market expectations of $1.81 billion, compared with $191 million in the same period last year and $585 million in the fourth quarter of last year. Net income was $771 million, below expectations of $800m, compared with $32 million in the same period last year and $177 million in the fourth quarter of last year.