Hot news

• "King of Quantification" Renaissance Science and Technology Q2 greatly reduced its holdings of Baidu, Inc. and Tesla, Inc., and Jiancang Weilai

Renaissance technology fund Q2 founded by well-known investor and mathematician Jim Simmons announced the latest 13F: the top three positions are still Novo-Nordisk A/S, Internet service company Verizon and Zoom Video.NIO Inc. Automobile (5.29 million shares) is the largest position of the Renaissance this quarter, along with Caterpillar Inc, the leader of engineering equipment, and Micron Technology Inc, who has recently been questioned by analysts as "the peak of the cycle." At the same time, the game post station, which was surrounded by the controversy among retail investors, got the opening of 600000 shares. Chinese stocks Futu Holdings Limited, Lufax Holding, LIZHI INC and KE Holdings Inc. also appeared in the latest Renaissance positions.

In terms of reduction, Baidu, the seventh largest position in the last quarter, was close to being cleared, and Tesla, Inc. was also substantially reduced by the Renaissance after finishing sideways for the second consecutive quarter.

• The United States has once again become the "epicenter" of the global epidemic, and the southern region where vaccination lags behind is out of control.

The United States is becoming the epicenter of the global epidemic again under the attack of the Delta virus. Although the country has one of the highest vaccination rates in the world, it still has one of the highest new cases of Covid-19, mainly due to a surge in cases in the south, where vaccination lags behind.

Since August, the United States has reported more than 1.5 million cases, with the number of new confirmed cases ranking first in the world, more than three times that of second (Iran) and third (India).

• House prices in the United States soared by more than 20% in the second quarter, a new high in more than half a century!

The median selling price of existing homes in the United States reached $357900, or about 2.3 million yuan, in the second quarter of this year, an increase of 22.9 percent compared with the same period last year, according to data released by the American Association of Realtors on the 12th local time. this is the biggest increase in the same period of 53 years since 1968. The analysis pointed out that the low interest rate policy and the home work brought about by the epidemic have stimulated the demand for housing, but the small number of houses for sale is the main factor leading to the rise in house prices.

• The bullish level on Wall Street hit a 20-year high, and analysts warn: things will turn back at the extreme.

About 56% of all stocks in the s & p 500 are listed as "bought" by analysts, the highest level since 2002, according to Bloomberg. Meanwhile, about 52 per cent of Europe's Stoxx 600s are listed as "buy" by analysts, a 10-year high. In Asia, that figure jumped to 75 per cent, the highest level since at least 2010. This reflects the renewed upsurge of bullish sentiment in the market after a strong corporate earnings season.

At the same time, however, several analysts predict that companies may face downward pressure on profit margins, which will make it difficult to maintain the current high earnings growth, which will have an impact on the stock market.

• The Ministry of Finance will issue a series of policies to support new energy vehicles.

The Ministry of Finance recently released a batch of responses to some of the recommendations of the fourth session of the 13th National people's Congress, revealing that the Ministry of Finance is taking the lead in drafting the "guidance on Financial support for carbon neutralization" and plans to enrich and improve a series of fiscal and tax support policies. we will actively build a fiscal and taxation policy system that can effectively promote green and low-carbon development, and give full play to the basic and important pillar role of finance in national governance. Guide and drive more policies and social funds to support green and low-carbon development. The central government will continue to strongly support scientific research institutes in carrying out scientific and technological innovation in the field of new energy vehicles.

• In July, the layout of all kinds of capital was accelerated, and the vocational education plate was reconstructed.

All kinds of capital began to flow actively to vocational education. Data show that in July 2021, a total of 29 financing incidents occurred in the education industry, raising a total of 14.738 billion yuan. Among them, the number of vocational education financing is 11, ranking first in the subdivided field. After the release of the policy of "double reduction" in education, all K12 discipline institutions are facing the pressure of transformation. In the alternative scheme of transformation, adult non-academic vocational education has become an important direction.

Review of US stocks

• Last Friday, the Dow and S & P hit new highs.

The three major US stock indexes continued to fluctuate in a narrow range on Friday, all falling in intraday trading, but the Dow joined hands with S & P to reach a new high under the leadership of Walt Disney Company, who made better-than-expected quarterly earnings.

• The famous entrepreneur "cute swordsman" died in a car accident, the car model NIO Inc. ES8

On the 14th, a personal official account named "Mei Yihao" issued an obituary that at 2 pm on August 12, 2021, Lin Wenqin (cute swordsman), founder of Shangshan Ruoshui Investment Management Company, founder of Uniworld Food and Beverage Management Company and founder of Mei Yihao Brand Management Company, drove.$NIO Inc. (NIO.US) $After the ES8 car turned on the autopilot function (NOP pilot state), a traffic accident occurred in the high-speed Hanjiang section of Shenhai and died at the age of 31.

NIO Inc. responded that a professional team had been arranged to go to Fujian and that the authorities would not release any unilateral information until the conclusion of the investigation. Li Bin, founder of NIO Inc., expressed his deep condolences.

• Musk: starship's first orbital stack will be ready to fly in a few weeks.

With Richard Branson and Bezos completing low-Earth orbit flight successively$Tesla, Inc. (TSLA.US) $Musk, who also has a "flying dream", is also expected to make progress. "the starship's first orbital stack will be ready to fly in a few weeks, just waiting for regulatory approval," Musk wrote on social media. "

• Tesla, Inc. Shanghai factory exports Model Y to Europe, with "Not Model Y" printed on its body.
  

Photos shared by multiple fans on Twitter show$Tesla, Inc. (TSLA.US) $The export-oriented Model Y produced by the Shanghai factory has finally launched in Europe. It was reported not long ago that Tesla, Inc. would ship the Model Y produced by the company's Shanghai plant to Europe before the Berlin plant went into production. Tesla, Inc. 's account manager in Munich also said that Model Y had arrived in Europe, and Tesla, Inc. 's ship tracker also said that the transport ship was heading for the European import terminal.

• Apple Inc lost the patent dispute and had to pay 300 million US dollars in compensation.

On Friday, local time, a jury in a Texas court ruled that the infringement of a wireless technology patent$Apple Inc (AAPL.US) $Compensation of $300m must be paid to Optis and several related companies. Optis Wireless filed a patent lawsuit against Apple Inc in 2020 after a Texas court ruled in August last year that Apple Inc had infringed five Optis patented technologies and ordered Apple Inc to pay $506 million in royalties to Optis.

On the review of the verdict, Apple Inc said in a statement: "We thank the jury for taking the time, but are disappointed with the verdict and plan to appeal." Optis does not produce any products. Its only business is to sue companies that use its patents, and we will continue to oppose their attempts to charge unreasonable patent fees. "

• The price of the iPhone13 series may be in line with 12, and the Bank of China expects to start from 5499.

On August 16th, according to the latest news$Apple Inc (AAPL.US) $IPhone 13 will be released next month, when the new machine will launch the 5nm + process, Taiwan Semiconductor Manufacturing Co Ltd is the exclusive contract factory. The latest news shows that the iPhone 13 series will be consistent with the iPhone 12 series (Bank of China expects to start at 5499 yuan).

• Sources say that more than 100 million subscriber data have been leaked, and US operator T-Mobile is investigating

Us service provider$T-Mobile US Inc (TMUS.US) $The company is investigating allegations made by an online forum post, it said on Sunday. The post said the personal data of more than 100 million users had been leaked. "We have taken note of the allegations made by an underground forum and are actively investigating the authenticity," a T-Mobile spokesman said in a statement. "We have no more information to share at present. "

Last Friday, US stocks traded in the top 20.

The Prospect of Hong Kong City

• Last Friday, Beishui sold more than HK $700 million for Semiconductor Manufacturing International Corporation and nearly HK $600 million for XIAOMI

Last Friday, southbound funds sold a net HK $2.253 billion. Semiconductor Manufacturing International Corporation, XIAOMI Group and Hua Hong Semiconductor received a net sale of HK $746 million, HK $593 million and HK $500 million respectively, China Mobile Limited made a net purchase of HK $789 million, Geely Automobile and Sunny Optical Technology received a net purchase of HK $300 million and HK $294 million respectively.

• CICC: the average annual inflow of southbound funds in the next few years is expected to be 5000-600 billion RMB.

China International Capital Corporation pointed out that the pace of Hong Kong stock public offering and Hong Kong stock holdings declined in the second quarter compared with the first quarter, but the southward proportion of public offering continued to increase; in terms of allocation, the new economy is still dominant, but the structure is more balanced, and the concentration of heavy stocks is weakened; the long-term trend of southward capital inflows will continue, and southward capital inflows are expected to average 5000-600 billion yuan annually in the next few years, while public offering funds are expected to contribute 250-350 billion RMB inflows.

• Li Auto Inc.-W will be included in the Hang Seng Composite Index after the market closes on August 25.

$Li Auto Inc.-W (02015.HK) $It will be included in the Hang Seng Composite Index and the Hang Seng Consumer goods Manufacturing and Services Index after the market closes on August 25, 2021, and will take effect from August 26, 2021.

• INNOVENT BIO's III phase clinical study in the treatment of gastric or gastroesophageal junction adenocarcinoma reached the main end point of overall survival.

$INNOVENT BIO (01801.HK) $A randomized, double-blind, multicenter phase III clinical trial (study codename: ORIENT-16) of the first-line treatment of unresectable locally advanced, recurrent or metastatic gastric or metastatic gastric or esophageal junction adenocarcinoma was voluntarily published in a randomized, double-blind, multicenter phase III clinical trial (study code: ORIENT-16).

Focus today

Key words: China's industrial value added in July, retail of consumer goods in China in July, Sunny Optical Technology / Tencent Music / Roblox financial report

Niuniu morning reading:

I always don't care about the rise and fall of the market. I only care about whether there are any companies in the market that meet my investment standards.

Jim Rogers, a global travel investor