According to Futu News on July 30, GDP in the United States fell at an annualized rate of 32.9% in the second quarter, the biggest decline since the 1940s. The three major indexes of US stocks fell sharply. As of press time, the Dow is down 1.7% and the Nasdaq is down 1%.

NIO Inc. rebounded for two consecutive days and fell again, down nearly 4 per cent as of press time.

Taoping Inc soared 390%, triggering a circuit breaker three times in intraday trading. It is reported that Taoping Inc's six shares into one share will take effect today. The purpose of the partnership is to raise the trading price per share of the company's common shares in order to meet the minimum purchase price of US $1 for continued listing on the NASDAQ stock market.

Risk hint: there is no limit on the rise and fall of the US stock market, and there are many sharp rises and falls in small market capitalization stocks, so investors should be on guard against volatility risks.

After rising sharply in a row, Taiwan Semiconductor Manufacturing Co Ltd fell by more than 4%. However, according to foreign media reports, after the mass production of the 5nm chip process in the second quarter, Taiwan Semiconductor Manufacturing Co Ltd's next process will focus on the more advanced 3nm process, which is expected to be mass production ahead of their expectations.

TAL Education Group fell more than 1%, today announced first-quarter results, net income rose 35.2% to $910.7 million, operating profit was $35.5 million, compared with $48.5 million in the same period last year, down 26.8% from the same period last year.

Yum China's revenue from Q2 fell 4% to $1.9 billion, down 11% from a year earlier, and its adjusted net profit fell 23% to $136 million.

Pinduoduo rose 2%. A few days ago, Pinduoduo announced the launch of the first "Zhenxiang Festival". The platform will give 100 million yuan in cash to subsidize brand goods labeled as "Zhenxiang" by netizens.