According to Futu News on August 4, US stocks rebounded, with all three major stock indexes rising, with the Nasdaq up 0.26%, the S & P 500 up 0.09% and the Dow up 0.05%.

Pinduoduo rose 0.72%, and the share price rose more than 20% in the past seven days, approaching the previous high. On August 3, Pinduoduo's "time-limited second kill" studio held an online exhibition at Gome's flagship store on Pujian Road in Shanghai. The live broadcast promoted a variety of home appliances digital products, and issued tens of thousands of large coupons, single store sales of more than 2 million yuan that day. As of 10:00 in the evening, the live broadcast had attracted more than 200000 netizens to watch online.

Baidu, Inc. rose by more than 3%. Baidu, Inc. Super chain Open Network (XuperOS) white paper is officially released today, which aims to build an open and win-win blockchain network ecology and provide docking capabilities with judicial, financial, advertising and other industries. In addition, Baidu, Inc. and Flextronics held the mass production launch ceremony of Apollo Computing Unit (ACU) at the Flextronics Suzhou Wuzhong factory on July 30th. At the press conference, Baidu, Inc. announced that ACU, the world's first mass production self-driving computing platform, was officially offline.

NIO Inc. 's increase narrowed to 1.84 per cent. CICC expects to sell 41000 units in 2020, achieving revenue of 14.396 billion yuan, raising NIO Inc. 's valuation multiple to 4 million yuan EV/ vehicles, corresponding to an 11% increase in the company's target price to $15.

Market source: Futu Securities >

BABA is up 1%. According to market sources, Ant Group plans to raise US $30 billion (about HK $234 billion) in a dual listing, which is estimated to be IPO as soon as September. Ant Group, which is valued at about US $200 billion (HK $1.56 trillion), is expected to issue 15 per cent of its shares, with 10 per cent planned for Science and Technology Innovation Board in Shanghai and the remaining 5 per cent in Hong Kong. Ant responded: do not comment on market rumors.

It is also reported that the Taobao special version will officially launch a short video channel in the near future, which will be the world's first visual channel-level area for factory goods. From the outflow of test pictures, the first batch of short videos with goods are mostly for foreign trade and domestic sales.

JD.com fell slightly by 0.09%. CITIC released a research report saying that JD.com Group's steady income growth, profit margins climbing, the start of a quality-based growth cycle. It covers JD.com Group-SW for the first time, giving it a "buy" rating with a target price of HK $331, while maintaining the "buy" rating of JD.com, raising its target price to US $85.50 / ADS.

In addition, JD.com Group-SW (09618.HK) will hold a board meeting on August 14 to approve interim results.