Editor / Fu Tu Information Wudong
Futu News on June 19, the three major US stock indexes fluctuated after opening higher, with the Dow narrowing to 0.6% and the Nasdaq up 0.88%.
It rose more than 6% in the multi-market, a record high, and the total market capitalization was more than $10 billion higher than JD.com, and now the increase has narrowed to 4%.
Tencent Music is up 8%. Today, Tencent Music Entertainment Group officially announced that it will jointly create the "Star International creation Camp" with Sony/ATV (Sawyer Music copyright), bringing together the world's top producers to create an international music giant. Not long before that, Tencent Music Entertainment Group had joined hands with Moden Sky to launch a "joint statement" plan.
The rise of online education stocks expanded, with Bilibili Inc. up more than 7% and New Oriental Education & Technology Group, who learned from, up more than 4%.
Niu Technologies soared 37% in intraday trading, and the increase has now fallen back to 28%. Earlier, Piper Sandler sharply raised Niu Technologies's target price from $11 to $24 and thought the company had 67 per cent room to rise.
NIO Inc. rose 4 per cent, the highest since March 19, and rose 87 per cent during the month.
Taiwan Semiconductor Manufacturing Co Ltd opened high and fell 0.5%. According to Taiwan's supply chain, the 5G chips of Apple Inc A14 processor and Qualcomm Inc X60 were put into production by Taiwan Semiconductor Manufacturing Co Ltd in June, using 5nm technology and expected to be delivered in the third quarter. With upstream and downstream suppliers rushing to work, the new iPhone can be released as scheduled in September.
Most of the other hot Chinese stocks rose, with iQIYI, Inc., HUYA Inc. and DouYu International Holdings Limited up more than 3%, Huazhu and LexinFintech Holdings Ltd. up more than 5%, and So-young International Inc more than 7%.