Pinduoduo United Nations Meijie live search store, single store sales of more than 2 million yuan; Taobao special version will enter the short video track; NetEase, Inc was sued for online game monopoly case final, Guangdong High Court: does not constitute a monopoly.

U.S. Senate Democratic Leader Schumer says negotiations with the White House on the stimulus bill are making progress. Us stocks closed higher across the board on Tuesday. The Nasdaq rose five times in a row and once hit an all-time high in intraday trading. By the close, the Nasdaq was up 0.35% at 10941.17 points; the Dow was up more than 160points, or 0.62%, with the S & P 500 up three times in a row; the S & P 500 was up 0.36%.

On the same day, most US-listed Chinese stocks closed up, with a total of 22 Chinese stocks rising, 1 closing flat and 9 falling.

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

Large-scale Chinese stocks varied, with Baidu, Inc. up 5.08% to $126.67, BABA up 1.65% to $262.2, JD.com up 0.06%, Bilibili Inc. down 1.89% and Pinduoduo down 2.09%.

For other hot US-listed stocks, who learned from rose 8.17% to US $105.39; iQIYI, Inc. rose 4.7%; HUYA Inc. rose 4.19%; Futu Holdings Limited rose 2.61%; and Huazhu rose 2.29%. Those with large declines were TAL Education Group, youdao, Qutoutiao and Vipshop Holdings Limited.

Focus review

• The special version of Taobao will enter the short video track and may face off with Pinduoduo

According to news on August 4, the Taobao special version will officially launch a short video channel in the near future, forming a "social × live broadcast × e-commerce" business ecological closed loop, which will be the world's first visual channel-level zone 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.

According to people familiar with the matter, the Taobao special version will enter the short video track and will form a joint force with the Taobao special live broadcast to further strengthen its influence in the sinking market-"to create the industrial belt entrance of BABA's business operating system. And face to face with Pinduoduo in the supply chain resource war. "

• NetEase, Inc was sued for the final appeal of the online game monopoly case, Guangdong High Court: does not constitute a monopoly

On August 4, the Guangdong Provincial higher people's Court issued a final judgment on the two cases of Huaduo suing NetEase, Inc for abuse of market dominant position and unfair competition dispute, Zhang v. NetEase, Inc copyright license contract and monopoly dispute. NetEase, Inc was found that the company does not have a dominant market position in the relevant market, does not have the market ability to restrict competition, rejected all claims of the two appellants according to law, and upheld the original judgment.

• Zhang Chaoyang, Chairman of the Board and CEO of Sohu.com Ltd: Changyou will return to the Asian market with a plan.

Zhang Chaoyang, chairman of Sohu.com Ltd's board and CEO, said in an interview with the media that Sohu.com Ltd completed the privatization deal of Changyou in April this year and Changyou delisted from NASDAQ. As to whether Changyou will be listed in the Asian market in the future, Zhang Chaoyang said that Changyou has just returned. "Don't worry, it's only a few months, and we have plans for the future." "

• Indian media: the Indian government has asked app stores to remove Baidu, Inc. and Weibo Corp from their shelves

The Indian government has asked Alphabet Inc-CL C and Apple Inc app stores in the region to remove Baidu, Inc. search and Sina Weibo Corp, the Times of India reported Thursday. Indian internet service providers have also been asked to ban the two apps, according to people familiar with the matter. "these two apps are 47 new apps banned by the government on July 27, and the government is still considering blocking more apps," an official familiar with the matter said. "

At Tuesday's close, Baidu, Inc. was up 5.08 per cent and Weibo Corp was up 1.78 per cent.

• NIO Inc. continues to write about growth? CICC raised its target price to $15

NIO Inc. 's delivery volume remained high in July, and the number of new orders reached an all-time high. CICC analysis, in the EC6 listing, capacity expansion and channel sinking pull, NIO Inc. follow-up sales are expected to continue to climb. Based on the company's good performance in terms of sales, orders and operations, it raised the valuation multiple of NIO Inc. 's EV/Sales unit to 4 million yuan EV/ vehicles, corresponding to an 11% increase in the target price to $15, giving the outperforming industry a rating.

• Pinduoduo United Nations Midea Appliance live broadcast to explore the store, single store sales of more than 2 million yuan

On the 3rd, 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.

It is reported that "time-limited second kill" belongs to Pinduoduo's "second fight" business group, and has previously undertaken activities such as "Tesla, Inc. Ten Thousand talents Group", "return to work and production Fair", and "45% discount car purchase". It is one of the channels with the largest traffic on the platform at present.