Futu News on July 2 news, the three major U. S. stock indexes opened high, the Dow rose more than 400 points, hot Chinese stocks collectively strengthened.

NIO Inc. soared 14%, and his market capitalization returned to US $10 billion, with a cumulative increase of more than 200% in the past three months. NIO Inc. previously announced that the number of units delivered in June reached 3740, a new monthly high. Of these, 2476 were delivered by ES6 and 1264 by ES8. As of 2020Q2, NIO Inc. delivered a total of 10331 units, exceeding the upper limit of the management's previous guidelines for delivering 9500-10000 units in the second quarter. In addition, as a flagship model with higher pricing, ES8 delivery has rebounded significantly, which is also a key bright spot.

Tencent's ADR rose more than 2%. Today, Tencent's Hong Kong shares closed up nearly 4%, with a market capitalization of more than HK $4.9 trillion. Fapa raised the reasonable value of Tencent's share price to HK $597. It expects Tencent's sales to grow by 25 per cent in 2020 and 24 per cent in 2021, raising profit margins in 2020 and 2021 from 43.1 per cent and 42 per cent to 45.4 per cent and 44.2 per cent, mainly due to increased contributions from high-margin games, social networking and other advertising.

According to Sensor Tower, Tencent's "PUBG Mobile" and "Arena of Valor" earned more than $2 billion in the first half of the year, making them the two most lucrative games. In addition, on the evening of July 1, the State Press and publication Administration announced the approval information of domestic online games in July 2020, and Tencent's "the strongest Fighter" was approved.

Pinduoduo rose more than 5%, approaching the previous high. On July 1st, Pinduoduo ushered in organizational upgrading. Huang Zheng, founder and chairman of the company, announced in a letter to all members that with the approval of the board of directors, Chen Lei, the former CTO of the company, will become CEO, while Huang Zheng himself will continue to serve as chairman of the company.

JD.com rose by more than 2%. JD.com Digital Technology Holdings Co., Ltd. is going to be listed in Science and Technology Innovation Board, and four securities firms have signed tutoring agreements with the company. According to Tianyan investigation, JD.com and Liu Qiangdong served as chairman of the company, and he personally held 14.02% of the company, with dozens of institutional shareholders holding shares. According to the company's website, the company completed round B financing in 2018, with a valuation of more than 130 billion yuan.

Tencent Music rose by more than 3%. On July 2, Tencent Music (TME.US) announced a partnership with Japan's top animation company CoMix Wave Films Inc, which owns well-known writers such as Seikata Seikata. (hereinafter referred to as "CWF") formally reached strategic cooperation.

Bilibili Inc. rose more than 2% to a new high, with a cumulative increase of more than 160% this year.

TAL Education Group rose by more than 3% to a new high. Earlier, Goldman Sachs Group raised the target price of TAL Education Group Education Group from US $64 to US $75.