Who studied with whom fell 12% in three days, and the market capitalization fell back to $18.2 billion; Leju Holdings Ltd's total net income in 2019 was $693 million, up 26%; China Yuchai International announced a new strategic cooperation agreement with Sany heavy truck.

Chinese stocks rose less or fell more on Wednesday, with a total of 14 stocks rising, 1 closing flat and 17 closing down.

The specific performances of popular US-listed stocks are as follows:

In large-scale U.S.-listed stocksBABA is up 0.25%, Pinduoduo down 2.32%, JD.com up 0.68%, NetEase, Inc down 0.81%, TAL Education Group up 2.92%, Baidu, Inc. down 0.35%, ZTO Express down 0.87%, New Oriental Education & Technology Group up 2.41%, who is down 3.76%, iQIYI, Inc. is down 0.99%, Trip.com is up 7.36%, NIO Inc. is down 4.05%, Bilibili Inc. is down 1.73%, and Vipshop Holdings Limited is up 2.03%.

As for other US-listed stocks, those with larger declines are:In the future, finance fell by 12.99%, Niu Technologies by 10.66%, Q&K International Group by 6.98% and WiMi Hologram Cloud Inc by 6.59%.

On the other hand, the Chinese stocks that have gained a lot are:China Finance Online Co Ltd is up 93.30%, Leju Holdings Ltd is up 26.15%, Kuopai is up 19.65%, Dianniu Finance is up 13.07%, Qutoutiao is up 9.82%.

Focus review

• NIO Inc. closed down 4%, down 10% in the past three days.

Wednesday$NIO Inc. (NIO.US) $It closed down 4%, and the previous rise slowed down. NIO Inc. hit an all-time high of Rmb16.44 on Monday, but its shares have fallen back, down nearly 10 per cent so far this week.

Earlier, the domestic auto market insurance data released by the China Automotive Technology Research Center in June 2020 showed that the number of NIO Inc. brands insured in June totaled 3720, an increase of 10% from the previous month; in the second quarter, it exceeded 10, 000 to 10229, an increase of 168% over the previous quarter.

• Trip.com rose 7% due to the recovery of cross-provincial tourism in China.

Trip.com rose 7 per cent on Wednesday. A few days ago, the official website of the Ministry of Culture and Tourism released the Circular of the General Office of the Ministry of Culture and Tourism on matters related to promoting tourism enterprises to expand and resume work (hereinafter referred to as the notice). The circular clearly states that inter-provincial (autonomous regional and municipal) group tourism should be resumed.

$TRIP COM GRP LTD (TCOM.US) $Trip.com platform data show that after the release of the news, the search volume of various sectors such as resorts, hotels and civil aviation on Trip.com platform rose rapidly, and the number of domestic instantaneous searches with group tours and individual travel soared by 500% compared with those before opening up.

• Who do you study with? it's down 12% in three days.

After hitting a record high in intraday trading on Monday, after the market capitalization exceeded $20 billion.From whom to learn (GSX.US) $The rise appears to have been curbed, falling 12% in the past three days, and the market capitalization fell back to $18.2 billion.

• Leju Holdings Ltd submitted the 20aff annual report to the US SEC: total net revenue in 2019 was US $693 million

$Leju Holdings Ltd (LEJU.US) $On Wednesday, the US Securities and Exchange Commission (SEC) filed its 20murf annual report, revealing the 2019 results and the latest shareholding structure. Leju Holdings Ltd's total net income was $693 million in 2019, compared with $462 million in 2018, according to the annual report. Of this total, e-commerce revenue was $547 million in 2019, compared with $320 million in the same period last year, online advertising revenue was $144 million, compared with $138 million in the same period last year, and listing revenue was $1.64 million, compared with $3.39 million in the same period last year.

Leju Holdings Ltd's full-year net profit attributable to common shareholders was $11.522 million in 2019, compared with a net loss of $13.481 million in 2018, and diluted earnings per share of $0.08, compared with a diluted loss of $0.10 per share in 2018.

On Wednesday, Leju Holdings Ltd closed up 26%.

• China Yuchai International announced a new strategic cooperation agreement with Sany heavy truck.

July 15, diesel engine manufacturer$China Yuchai International (CYD.US) $Announced a new strategic cooperation agreement with Sany heavy truck to improve the core competitiveness of the two companies.

It is reported that China Yuchai International's main operating subsidiary is Guangxi Yuchai Machinery Co., Ltd. (referred to as Yuchai shares). At a recent meeting in Yulin, Liang Linhe, director of Sany Group Co., Ltd. And chairman of Sany heavy truck, met with Yan Ping, chairman of Yuchai Co., Ltd., and signed a new strategic cooperation agreement.

According to the strategic cooperation agreement, Yuchai shares and Sany heavy truck will further expand the breadth and depth of cooperation in terms of technology, market and supporting facilities on the basis of existing business cooperation, so as to achieve a high degree of resource sharing and coordination, and ensure the dominant position of strategic suppliers and strategic vehicle factories of both sides. In addition, the two sides will also work together to promote the construction and integration of marketing models, marketing channels and post-market, so as to promote the long-term and comprehensive coordinated development of the two sides.