Futu News on August 10, the three major US stock indexes have different trends, with the Dow rising to 0.92%, the Nasdaq falling, and the S & P 500 index fluctuating in a narrow range. Hot Chinese stocks are up and down.

NIO Inc. rose nearly 5 per cent. The company will release its financial report before tomorrow's trading.

Li Auto Inc. 's increase narrowed to 0.71%. Li Auto Inc. said that according to the latest CNAC data terminal retail data, ideal ONE2020 sold 2516 vehicles in July 2020, up 33% from June. Ideal ONE sold 12182 vehicles from January to July, and since it was delivered in December last year, the cumulative sales of ideal ONE has reached 13193.

DouYu International Holdings Limited and HUYA Inc. opened high and left low. DouYu International Holdings Limited is now down more than 4%, and HUYA Inc. is down more than 7%. Meanwhile, Tencent's ADR fell by more than 4 per cent. DouYu International Holdings Limited's income in the second quarter was 2.508 billion yuan, up 34 percent from the same period last year, and the net profit was 322.9 million yuan, up 514 percent from the same period last year.

In addition, according to foreign media reports, DouYu International Holdings Limited has received a preliminary and non-binding proposal from Tencent, suggesting that DouYu International Holdings Limited and HUYA Inc. carry out a share exchange merger. According to the agreement, DouYu International Holdings Limited's holders will exchange their respective shares for newly issued HUYA Inc. Class A common shares, the number of which will be agreed by both parties. DouYu International Holdings Limited's board plans to review and evaluate the proposed deal.

JOYY Inc rose nearly 5%, and JOYY Inc Group has signed a final equity transfer agreement with Tencent's subsidiary Linen Investment, under which JOYY Inc Group will transfer HUYA Inc. 's 30 million Class B shares to Tencent with US $810 million in cash.

New Oriental Education & Technology Group fell 0.34%. New Oriental Education & Technology Group has selected three banks to arrange his planned secondary listing in Hong Kong, which could raise at least $1 billion, according to people familiar with the matter.

TSMC rose 0.71%. The company previously announced its July revenue of NT $105.963 billion, or US $3.606 billion, up 25% from a year earlier and down 12.3% from a month earlier.

Tencent Music fell 3%. The company will release its financial results after trading. Bloomberg is in line with market expectations that in 2020 Q2, Tencent Music's revenue will reach 6.871 billion yuan, an increase of 16% over the same period last year, while adjusted net profit will be 1.102 billion yuan, down 2.4% from the same period last year.

Huazhu rose 3.37%. According to media reports, the pace of Huazhu Hotel Group's secondary listing in Hong Kong is gradually accelerating. Huazhu will seek a hearing through the Hong Kong stock exchange as soon as this month to raise up to $1 billion, according to a person close to the deal. Huazhu responded: we do not comment on speculation in the market.

Sohu.com Ltd fell nearly 12%. Sohu.com Ltd's total revenue in the second quarter was $421 million, down 9% from a year earlier. It was attributed to a net loss of $79.93 million, compared with a loss of $52.89 million in the same period last year.

Sohu.com Ltd CEO Zhang Chaoyang said at the financial statement meeting, "We do not delist, the US capital market still has many advantages, as long as we do not catch up with us, we will continue to stay inside." If we can stay in the US stock market, we will stay. If we can get through, we will also follow the path of non-refundable US stocks and listing in Hong Kong in the future. "