Original title: Most of China's securities market fell in early trading: Worry-free English soared by more than 16%, and Youxin fell nearly 5% Source: Tencent Securities
Tencent Securities reported on January 15 that most of the US-listed Chinese securities market declined in the intraday period. A total of 105 Chinese securities rose, while 108 fell.
As of press release, well-known Chinese stock exchanges had mixed ups and downs. Among them, Alibaba rose 0.04%; Baidu fell 0.8%; JD rose 0.22%; NetEase rose 0.38%; Weibo fell 0.77%; Pinduoduo rose 0.18%; Quheadline fell 0.74%; Nio rose 8.24%; iQiyi fell 1.17%; Xunlei rose 1.78%; Momo fell 0.4%; Bilibili rose 0.7%; and Youxin fell 4.5%.
Among other Chinese securities, Jinhuang Jewelry, Worry-Free English, KBS Apparel, China Natural Resources, Dagong Cultural Exchange, Future Fintech, Wanchun Pharmaceutical, Bat Group, Qingdao Tiandihui Food, and Shangwei Group registered the highest gains. Among them, Golden Phoenix Jewelry was 2.64 US dollars, an increase of 36.95%; Worry-free English was 14.77 US dollars, an increase of 16.05%; KBS Apparel reported $2.49, an increase of 14.22%; China Natural Resources reported $1.80, an increase of 11.52%; Dagongwen The Stock Exchange reported an increase of $0.781 8.51%
On the other hand, Wensheng Finance, Taiwan Microfat, China Ceramics, Shengyingxin, Aurora, Asia Era, Ninth City, Han Guangsha Real Estate, Su Xuantang, and Nongmi Liangpin had the highest declines. Among them, Wensheng Financial Report was 11.68 US dollars, a decrease of 18.04%; Taiwan's Microfat Report was 4.86 US dollars, a decrease of 10.7%; China Ceramics was $0.829, a decrease of 7.82%; and Aurora, $2.70, a decrease of 5.26%.
Recent news relating to China Securities is as follows:
According to self-media “Happy Auto Market” reports, GAC plans to invest in NIO (NYSE: NIO) and is currently raising capital for this. People familiar with the matter revealed that this amount is around 1 billion US dollars. In response, NIO said: The announcement of the listed company shall prevail.
According to Reuters, Altaba said it is cooperating with the complete liquidation and dissolution plan. According to US Securities and Exchange Commission documents, on January 13, the fund began selling its remaining Alibaba (NYSE: BABA) American Depositary Shares. On January 13, Altaba sold 1 million shares of Alibaba at an average price of $22 per share, for a total profit of $229 million.
Jumei Premium (NYSE: JMEI) announced that its board of directors has hired Hualian (China) as a financial advisor to evaluate the “privatization” plan. The Special Committee is continuing to evaluate the proposed “privatization” deal. Last weekend, Chen Ou, founder of Jumei Premium, launched a privatization offer.
On January 15, 58 Tongcheng (NYSE: WUBA) announced the latest corporate organizational structure adjustments, fully implementing 58 Tongcheng's development strategy to fully “serve” in 2020. Yao Jinbo, CEO of 58 Tongcheng, said that 58 Tongcheng will officially move from an era dominated by traffic revenue to an era dominated by service revenue, promote traffic growth with high-quality services, and enhance user reputation.