Chinese special treament stocks are valued under a valuation system with chinese characteristics . The Index includes mostly chinese central state-owned enterprises and state owned enterprises.
Powell storms Congress alone, tariffs disrupt US stocks | Highlights of tonight.
1. Powell will attend a congressional hearing tonight, and Trump's "reciprocal tariffs" pressure is rising. US stock index futures weakened before the market open, while Gold pulled back to the $2900 level; 2. The EU announced the launch of the "InvestAI" investment initiative, increasing the AI investment to 200 billion euros; 3. Meta will challenge the daily rise of 17 consecutive days tonight; 4. US investment banks say Musk's crossover into politics may affect Autos sales.
The first month of the 2025 car market shows results: more than half of the listed car companies experienced year-on-year growth despite seasonal declines.
① According to the data from the Passenger Vehicle Association, retail sales of New energy Fund passenger vehicles reached 0.744 million units in January, a year-on-year increase of 10.5%, but a month-on-month decrease of 42.9%. ② Among the 13 companies listed in Hong Kong and A-shares, 7 car manufacturers still achieved year-on-year growth, accounting for more than half.
In January, China’s sales of New energy Fund vehicles increased by 10.5% year-on-year, while the growth rate of Passenger Vehicle exports has slowed down. According to the Passenger Car Association, it may start low and rise high in 2025.
The Passenger Car Association stated that wholesale, production, and exports in January were all at historical lows, and January retail was only higher than January retail in 2020 and 2023 over the past 10 years, with significant potential for a "low start and high rise" expected in 2025.
Gold prices soar! Strongly hitting the $3,000 mark. Industry insiders say: "The long bull market still exists, but be cautious of short-term pullback risks."
① International gold prices continue to reach historical highs, approaching $3000; ② The recent rise in gold prices is mainly influenced by international geopolitical conflicts, Trump's tariffs raising concerns about USA inflation, and continuous gold purchases by various central banks; ③ Interviewees are Bullish on long-term gold prices, but attention must also be paid to the risk of short-term highs and falls.
After acquiring 39% of the equity in Shuigang Port Shipping, Huarong transformed into CITIC Financial Assets and has made consecutive moves.
① Suifenhe Port and Shipping successfully introduced a Strategic Investor, with CITIC Financial Assets potentially investing over 1 billion yuan to become its second-largest Shareholder with over 39% ownership. ② In recent years, CITIC Financial Assets has continued to increase external investments, with previously disclosed plans to further promote investment allocation schemes, with a total investment scale potentially reaching up to 50.3 billion yuan.
Fully embrace the DeepSeek model! Cloud vendors like Volcano Engine are joining in. Can they "steal" a piece of the computing power pie?
① Volcano Engine Smart General will hold seminars focusing on multi-model deployment and invocation, API invocation of DeepSeek R1 on Volcano Ark, deploying the DeepSeek solution on Volcano Engine, and developing AI applications on the DeepSeek platform. ② Alibaba Cloud, Huawei Cloud, Baidu Cloud, Tencent Cloud, and UCloud have also successively launched the DeepSeek large model on their Cloud Computing Service platforms.