According to Futu News on November 29, the three major US stock indexes rose, with the Nasdaq up 1.41%, the S & P 500 up 0.97% and the Dow up 0.29%.

New energy vehicle stocks are strong, ideal up more than 8%, Tesla, Inc. up more than 4%, XPeng Inc. up more than 3%, NIO Inc. slightly up 0.15%.

The revenue of ideal Q3 was 7.78 billion yuan, an increase of 209.7% over the same period last year. The net loss of TX Q3 was 21.5 million yuan, a decrease of 79.9% over the same period last year, and a decrease of 90.9% from the previous year. The adjusted net profit of Q3 is 335 million yuan, compared with 16 million yuan in the same period last year.

In addition, Li Auto Inc. said at the Q3 conference call that the ideal second new car, the ideal X01, will be released in the second quarter of next year and will be delivered in the third quarter of next year. At the same time, the ideal plant in Beijing will be put into production in 2023, when the whole company's production capacity will reach 500000 vehicles, and the double shift will reach 700000 vehicles.

Pinduoduo rose nearly 4%, while the stock closed down nearly 16% in the previous session. The company had previously reported revenue of 21.51 billion yuan in the third quarter, up 51% from a year earlier.

Baidu, Inc. fell by more than 2%. Baidu, Inc., Jidu and Qualcomm Inc Technology announced that the first production model of Jidu will adopt an intelligent digital cockpit system jointly supported by Baidu, Inc. and Qualcomm Inc Technology. The system is based on the fourth generation Snapdragon ®vehicle digital cockpit platform-8295 of Qualcomm Inc Technology Co., Ltd., and carries the next generation brain module system and software solution developed jointly by Jidu and Baidu, Inc.. The concentrated production model with the new digital cockpit is expected to go on sale in 2023 and will become the first production model in China using the fourth generation Snapdragon digital cockpit platform. At the same time, the product's concept car is expected to be officially unveiled at the Beijing Auto Show in April next year.

Weibo Corp fell nearly 6 per cent. Weibo Corp announced on the Hong Kong Stock Exchange that 11 million shares (including 5.5 million new shares and 5.5 million sales shares) will be sold globally through Hong Kong IPO (depending on whether the over-allotment option is exercised or not), including 1.1 million Hong Kong offering shares and 9.9 million international offering shares, with 15 per cent over-allotment options. The price of the public development will not exceed HK $388 per share, and trading of Class A common shares is expected to begin on the Hong Kong Stock Exchange on December 8.

According to the Futuo Niuniu US stock trading hot list, the top Chinese stocks include Pinduoduo, Futuo, ideal, BABA, DiDi Global Inc., XPeng Inc., Bilibili Inc. and so on.