Tencent's 'New Game King' is launched.
Boycott Android channels.
According to Goldman Sachs's prediction, the gaming industry environment has changed, which is not favorable for Netease. However, they are bullish on Tencent.
As industry regulatory focus shifts, Tencent, as "China's largest small game platform", may usher in a spring. Coupled with the initial results of Tencent's overseas investments, its international gaming business is showing strong momentum.
Barclays Initiates on Xiaomi With Overweight, Sees Attractive Valuation and Potential From GenAI
Barclays on Thursday initiated its coverage on Chinese consumer electronics maker Xiaomi (OTCPK:XIACY) with an Overweight rating and a price target of $15, citing an "attractive" valuation and potential from GenAI to aid further growth.
Meituan learns from pdd holdings.
Author | Liu Baodan Editor | Zhou Zhiyu After Alibaba and JD replicated the tens of billions of subsidies, Meituan also began to learn from Pinduoduo. Wang Xing applied the low-price group-buying model to local life, stabilizing the competition situation with Douyin. On June 6, Meituan handed in a better-than-expected quarterly report. In the first quarter of 2024, Meituan achieved a revenue of 73.3 billion yuan, a year-on-year increase of 25%, although the growth rate was slightly lower than the same period last year, but performed better than the previous two quarters, maintaining high growth. In terms of profitability, Meituan had a net profit and adjusted EBITDA of 5.37 billion yuan and 8.07 billion yuan, respectively, with growth rates of 60% and 2
Meituan Phone Meeting: accumulated over 100 million members, Q2 on-demand order growth will return to normal, increasing live broadcasting efforts.
Meituan stated that overseas expansion is an important direction for the long-term growth of Meituan. Meituan Maicai plans to expand to the global market but will remain cautious. At the same time, the company empowers businesses with AI, attracts consumers by issuing a large number of coupons and providing discounts on popular products. In addition, the company is increasing its efforts in live-streaming activities and penetrating lower-tier markets to adapt to the transformation of consumer downgrading. Furthermore, Meituan's emerging businesses, such as bike sharing and power bank rentals, are leading the industry.
NetEase Goes Ex Dividend Tomorrow
What the Options Market Tells Us About Li Auto
Investors with a lot of money to spend have taken a bearish stance on Li Auto (NASDAQ:LI).And retail traders should know.
Circuit Hyper | Saudi financier: throwing money on Chinese technology companies twice in three months
Author: Zhou Yuan/Wall Street News On May 29, Lenovo Group announced that it has reached a strategic cooperation framework agreement and bond subscription agreement with Alat Enet, a company under the Saudi Arabian Public Investment Fund that focuses on transformative technology investment and sustainable manufacturing, with a total value of 2 billion US dollars (approximately RMB 14.5 billion). This strategic cooperation includes Lenovo Group building a new regional headquarters for the Middle East and Africa markets in Riyadh, the capital of Saudi Arabia, and building a new PC and server manufacturing base in the country to serve customers in the region. Since Saudi Arabia released “Vision 2030” in April 2016, Saudi Arabia is moving towards clean energy
Lei Jun and Yu Chengdong rarely share the same frame
Author: Yu Yan Editor: Zhou Zhiyu No one is envious of Lei Jun's traffic. On June 1, at the Guangdong-Hong Kong-Macao Greater Bay Area Auto Show and 2024 (2nd) Future Car Pioneers Conference, Xiaomi Chairman Lei Jun, Yu Chengdong, Chairman of Huawei Smart Car Solution BU, and Li Bin, Chairman of NIO Auto, were all present. BYD also covered the entire exhibition hall and displayed its industrial layout in a systematic manner. It is worth mentioning that this was a rare public appearance for Lei Jun and Yu Chengdong after dinner at the 2017 World Internet Conference. Even at the Beijing Auto Show not long ago, these two bosses didn't make it public
May tram delivery report card: NIO and Extreme Krypton hit new highs, and Xiaopeng returned to the era of 10,000 cars! Xiaomi SU7 delivered more than 8,600 vehicles
The ideal is to rank first in “Wei Xiaoli” with delivery data of over 35,000 units. Nacha Auto was left behind, and deliveries in May fell by more than 20% year on year.
Tencent wants to start the “AI era for all”
The scene of the Yuanbao press conference. Liu Yuhong, vice president of Tencent Cloud and head of Tencent's hybrid model, author | Huang Yu | Zhou Zhiyu is calling for a lot of calls. Tencent, which has taken the leading position in domestic social communication, has finally begun to extend its reach to independent AIGC apps. The battlefield is already full of waves, but no winners have come out yet. On May 30, Tencent announced the official launch of the app “Tencent Yuanbao” based on the mixed-yuan model. Previously, Tencent also built mixed element assistants for the C side, but only the applet and PC side. Yuanbao is considered the first AIGC pure application built by Tencent for the C side. Vice President of Tencent Cloud, Teng
A new hope for Tencent games
The DNF mobile game topped the list in the first week of its launch.
Liu Qiangdong pushes the brothers to recover their wolf sex
Get into combat mode.
Entering the Middle East! Lenovo receives US$2 billion strategic investment from Saudi Sovereign Fund
On Wednesday May 29th, Lenovo Group announced a strategic partnership with Alat Enet, a company owned by the Saudi Arabian Public Investment Fund (PIF). According to the announcement, Alat Ennett proposed to invest 2 billion US dollars in interest-free convertible bonds to Lenovo Group. Lenovo Group will establish a regional headquarters for the Middle East and Africa markets in Riyadh, the capital of Saudi Arabia, and will build a new PC and server manufacturing base in Saudi Arabia.
China Stocks' Rally Sustainability to Hinge on Policy Delivery: Goldman
Kinger Lau, chief China equity strategy at Goldman Sachs, discusses the outlook for the nation's stocks and the opportunities he sees. He speaks on "Bloomberg: The China Show."
Benefiting from the AI PC wave, Lenovo's stock price hit a one-year high
Recently, many major banks such as Damo, Goldman Sachs, and CITIC Lyon have successively expressed optimism about Lenovo Group, believing that the AI PC trend will bring the company room for a significant increase in stock prices.
Kuaishou wants to break the e-commerce dilemma
Start a battle for users.
NetEase is waiting for new hits
Boosting market confidence.
How much is the gross margin of a car? How to achieve a significant increase in overseas revenue? What progress has been made in AI? Learn about the Xiaomi conference call in one article
Xiaomi said that the gross margin of electric vehicles is about 5% to 10%, and it is expected that the revenue and gross profit of the automobile business will be announced separately in the second quarter.
After issuing convertible senior notes, will JD be followed by Ali?
JD issues convertible bonds, and Ali will follow suit. Who might be next? On Wednesday, Alibaba's Hong Kong stock fell by more than 5%. According to the news, people familiar with the matter said that Ali is considering issuing convertible bonds and plans to raise about 5 billion US dollars in capital. Earlier, on May 21, JD announced that it plans to issue convertible bonds with a total scale of 1.75 billion US dollars. After three consecutive days of decline, JD Hong Kong stocks fell by more than 4% today. JD said that the issuance of convertible bonds will enable it to use low financing costs (0.25% coupon rate) to speed up the share repurchase process at the current stock price. The conversion price is 45.7%, and the market price premium is about 35%. In response, HSBC said: Mutual