Trump's two sins are about to be announced; the EU plans to take a tougher stance against Alphabet Inc-CL C, Apple Inc and others; Kuaishou Technology: the number of daily active users of live streaming has exceeded 100m.

Global macro

• The futures of the three major stock indexes in the United States rose.

As of press time, Dow futures are up 0.21%, Nasdaq futures are up 0.29%, and S & P 500 index futures are up 0.21%.

• Democratic Party to announce two deadly crimes of impeaching Trump

The US House of Representatives is expected to propose at least two impeachment provisions in an attempt to remove US President Donald Trump. One of the provisions is abuse of power, and the other is to hinder Congress. The terms of the impeachment will be announced at a news conference at 22:00 Beijing time (9am EDT).

• UK GDP grew at its slowest pace since 2012 in October

GDP in the UK rose 0.7 per cent in October from a year earlier, the slowest pace in nearly seven years and is expected to rise 0.7 per cent from a previous value of 0.9 per cent. Thursday's election will be held against the backdrop of a weak economy, and both major political parties have pledged to boost growth.

• The three major European indices all fell by more than 1%.

The decline in European stocks widened, with Germany's DAX, the UK's FTSE 100and the European Stoxx 50 all down more than 1 per cent as of press time.

• Kuaishou Technology: the number of daily active users of live streaming has exceeded 100 million.

The "2019 Kuaishou Technology Live Ecological report" released by Kuaishou Technology and big data Research Institute shows that at present, the number of daily active users of Kuaishou Technology Live has exceeded 100 million, and the live content Top3 is her own line of work, singing and opera. The number of daily active users of game live streaming exceeded 51 million, with female game anchors accounting for 15% and post-90s game anchors accounting for 88%.

• Offshore RMB regained 7.03 mark against US dollar

The offshore RMB rose more than 100 points against the US dollar in 10 minutes to recover the 7.03 mark, while onshore people rose about 80 points against the US dollar, reaching the 7.03 mark.

Hot news

• Pinduoduo: 100 textile enterprises with sales volume of more than 100 million will be cultivated in the coming year

At the conference of "New Brand Plan" held by Shandong Gaomi Municipal Government$Pinduoduo (PDD.US) $The person in charge of home textile business said that in the coming year, the platform will tilt resources to cultivate 100 home textile manufacturing enterprises with sales of more than 100 million. At this conference, Pinduoduo sank the "10 billion subsidy" to the advantageous regional industrial clusters for the first time, and jointly launched the "New Brand Alliance" with local governments. The first batch of alliance members are composed of 15 enterprises, including the Vosges Group.

• Investment bank Jeffery: Softbank Corp. may sell BABA's shares again for buyback

Jeffery, an investment bank, believes that the sharp fall in the share price of Softbank Corp. Group may prompt son to present his killer mace and cash in.$BABA (BABA.US) $To help with another share buyback in an attempt to boost Softbank Corp. 's share price. Softbank Corp. 's share price has risen only 16 per cent so far this year, while BABA's share price has soared 45 per cent. Softbank Corp. 's 26% stake in BABA is currently worth about $128 billion.

• Net revenue of www.51English Q3 increased by 35% year-on-year

$carefree English (COE.US) $The net revenue in the third quarter was 410 million yuan, up 35.0% from the same period last year; the company recorded a net loss of 5.3 million yuan, narrowing by 94.1% year-on-year; the company's overall net revenue increased by 35% year-on-year, with a gross profit margin of 71.7%, an increase of 7.9% over the same period last year.

• Taiwan Semiconductor Manufacturing Co Ltd's November revenue increased 9.7% compared with the same period last year.

According to the latest documents,$Taiwan Semiconductor Manufacturing Co Ltd (TSM.US) $Revenue in November was NT $107.9 billion, or about 24.9 billion yuan, up 9.7% from a year earlier and 1.7% from a month earlier. Data show that Taiwan Semiconductor Manufacturing Co Ltd's cumulative revenue from January to November this year was about NT $966.7 billion, an increase of 2.7 per cent over the same period last year.

• 36Kr Holdings made a net loss of 12.4 million yuan in the third quarter

$36Kr Holdings (KRKR.US) $The third-quarter results were released today, with total revenue of 130.9 million yuan, compared with 82.3 million yuan a year earlier. The net loss was 12.4 million yuan, compared with a net profit of 9.8 million yuan in the same period last year. Not in accordance with US general accounting standards, the adjusted net profit was 13.4 million yuan, up 22.0% from 11 million yuan in the same period last year.

• AstraZeneca PLC PD-L1 will be listed in China soon.

The source said$AstraZeneca PLC (AZN.US) $The evaluation status of its PD-L1 immune checkpoint inhibitor, Devaru Monoclonal Antibody, in the State Drug Administration of China has been updated to the status of "approval completed-pending license". This means that this drug is expected to become the first approved PD-L1 antibody drug in China.

• Starbucks Corp sets up a special bonus for CEO

$Starbucks Corp (SBUX.US) $CEO Johnson will receive a special bonus of $50 million if the company's stock returns exceed those of S & P 500 companies with returns of at least 80 per cent in the three fiscal years ending September 30, 2022, according to a regulatory filing. If the return is low, his bonus will also be reduced, but if Starbucks Corp's stock outperforms the S & P 500, which is less than 40 per cent, the bonus will be cancelled.

• Morgan Stanley was fined 20 million euros for manipulating sovereign bonds

The French Financial Markets Authority (AMF) said on Tuesday that it had spoken to US investment banks.$Morgan Stanley (MS.US) $A fine of 20 million euros was imposed for manipulating sovereign bond prices. AMF said the fine involved Morgan Stanley's manipulation of French and Belgian sovereign bond prices in June 2015.

• The European Union plans to take a tougher stance against Alphabet Inc-CL C, Apple Inc and others.

A senior official of the European Commission, the EU's antitrust agency, said today that the EU is considering$Apple Inc (AAPL.US) $和$Alphabet Inc-CL C (GOOG.US) $And other technology giants take a tougher stance, forcing them to do more to ensure fair competition. The move could affect the four US technology giants Facebook Inc, Amazon.Com Inc, Apple Inc and Alphabet Inc-CL C.

• Fashion e-commerceStitch FixQ performance exceeded expectations before the market opened.Increase by more than 12%

Fashion e-commerce$Stitch Fix (SFIX.US) $The company rose more than 12% before trading, with earnings of 0 cents per share in the first quarter, but stronger than analysts' expectations of a loss of 6 cents per share and revenue of $445 million, which also beat analysts' expectations of $4.41. In addition, Stitch Fix also announced that the global head and founder of Bain's digital business will become president of the company.

• The European Central Bank lowered the tier one capital requirement of Deutsche Bank.

The European Central Bank willDeutsche Bank (DB.US) $The tier one capital requirement was cut by 25 basis points to 11.59 per cent, which is expected to ease the financial pressure on Deutsche Bank and reduce the possibility of issuing more equity to raise funds. However, Deutsche Bank also warned that low interest rates in Europe and an uncertain global economic environment remained a challenge to the bank in the short term.

• CEOSaid it may sell Renewal Yuan Pharmaceutical shares after the end of the lock-up period.

$Sanofi SA (SNY.US) $CEO Paul Hudson, who has been in office for three months, said a few days ago that in order to raise acquisitions$Synthorx (THOR.US) $Of the funds, it is possible to sell its shares in Shengyuan Pharmaceutical when the lock-up period expires at the end of next year. Earlier, Sanofi announced a $2.5 billion acquisition of biotech company Synthorx.

• Netflix Inc's rating was downgraded, falling by more than 4% at one point before the market.

Investment bank Needham: Netflix Inc$Netflix Inc (NFLX.US) $The rating was downgraded from holding to outperforming the market, and Netflix Inc is expected to lose 4 million subscribers in the US market by 2020.

Financial and economic notice

In terms of economic data, the United States will release the quarterly rate of non-farm productivity and non-farm unit labor costs in the third quarter.