As of Thursday's close, the three major indexes showed mixed results, $Dow Jones Industrial Average (.DJI.US)$ with a cumulative increase of 1.12%, closing at 41,953.32 points; $S&P 500 Index (.SPX.US)$ during the same period, a cumulative increase of 0.42%, closing at 5,662.89 points; $Nasdaq Composite Index (.IXIC.US)$During the same period, a cumulative drop of 0.35% was recorded, closing at 17,691.63 points.

In terms of specific stocks, high-performing Chinese concept stocks are celebrating together! Online music entertainment platform$Tencent Music (TME.US)$and international business groups$PDD Holdings (PDD.US)$ have all exceeded expectations, rising nearly 14% and 7% respectively over the week, with annual increases of nearly 26% and 35%.

Tencent Music announced its full-year performance for 2024, with a net income of 6.644 billion yuan, a year-on-year increase of 35%; earnings per ordinary share were 2.15 yuan, and earnings per American Depositary Share (ADS) were 1.27 yuan, with a gross margin increasing from 35.3% in 2023 to 42.3%. The Board of Directors announced a dividend of 9 cents per ordinary share for the fiscal year 2024, with a total cash dividend expected to be approximately 0.273 billion USD. At the same time, the Board of Directors has approved a new share repurchase plan of up to 1 billion USD, allowing the company to buy back shares over a period of 24 months starting from March 2025.

PDD Holdings reported Q4 revenue of 110.61 billion yuan, a year-on-year increase of 24%; net income was 27.447 billion yuan, up 18% year-on-year; adjusted net income was 29.851 billion yuan, a year-on-year increase of 17%; online marketing services and other income was 57.011 billion yuan, up 17% year-on-year; transaction services revenue was 53.599 billion yuan, a year-on-year increase of 33%. Over the past year, PDD Holdings has invested 12.7 billion in research and development, an increase of 16%. Citigroup maintains a 'Neutral' rating on PDD Holdings, raising the target price from $125 to $150.

Financial Services Platform$Robinhood (HOOD.US)$ This week cumulative increase of 11.26%, Q4 revenue year-on-year growth of 115% exceeding expectations, Cryptos business revenue exceeded 0.3 billion dollars, Morgan Stanley raised the target to $90.

Robinhood's Q4 2024 performance exceeded market expectations, achieving revenue of 1.014 billion dollars, a year-on-year increase of 115%; net income was 0.916 billion dollars, compared to 30 million dollars in the same period in 2023; among which, Cryptos business revenue was 0.358 billion dollars. Morgan Stanley maintains a 'Buy' rating with a target price of $90.

In addition, Robinhood earlier launched a prediction market hub that can be used directly in the Robinhood app. The company revealed in a statement that customers can use it to trade related contracts on the world's largest events.

Q3 performance exceeded expectations! Italian Restaurants operator$Darden Restaurants (DRI.US)$Over the week, it has increased by 7%, reaching a historic high, with Institutions raising the Target Price to $190.

The performance of Italian restaurant operator Darden Restaurants shows that the net income for the third fiscal quarter was $0.32 billion, adjusted earnings per share were $2.8, slightly above market expectations; net sales increased by 6% to $3.16 billion, which was below expectations. TD Cowen Analyst Andrew Charles maintained a 'Hold' rating and increased the target price from $180 to $190.

Same-store sales grew 0.7% during the quarter, below the market forecast of a 1.7% increase. For the annual performance, Darden reaffirmed its sales forecast of $12.1 billion, while the adjusted ongoing profit expectation narrowed to $9.45 to $9.52 per share, compared to the previous forecast of $9.4 to $9.6 per share.

On the other hand, the following Stocks performed weakly this week:

Editor/danial