Pinduoduo closed up 2.7% on Tuesday, making it the largest US stock in Gao Yi's assets. Kingsoft Cloud Holdings's Q2 revenue rose 64.1% year-on-year, closing down 7.66%. Swiss discipline English rose nearly 110% in three days and was rated by Big Motors as a "buy".

On Tuesday, both the Nasdaq and the S & P hit intraday and closing highs, which completely erased the losses during the coronavirus outbreak.

Most US-listed US-listed Chinese stocks closed up, with a total of 126 rising and 141 falling.

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

Most well-known Chinese stocks rose, with BABA at $259.20, up 0.87%, JD.com at $70.32, up 4.99%, Pinduoduo at $91.59, up 2.7%, NIO Inc. at $14.30, up 1.78%, JOYY Inc era at $89.20, up 9.29%, and Bilibili Inc. at $45.31, up 4.18%.

Among other Chinese stocks, OneSmart International Education Group Ltd was at $5.42, up 30.6%, Reese subject English was at $7.45, up 28.45%, and Mogu Inc was at $2.74, up 23.98%.

Focus review

• Jingdong's performance rose 13% in two days, and its market capitalization once surpassed that of Pinduoduo.
  

After rising nearly 8 per cent on Monday, JD.com 's share price opened sharply on Tuesday, rising more than 6 per cent at one point and closing up 4.99 per cent at $70.32, with a total market capitalization of $108.6 billion, surpassing Pinduoduo at one point in intraday trading. However, due to JD.com 's subsequent decline, the closing market value was less than Pinduoduo's 1 billion US dollars.

Since the release of financial results, JD.com has risen for two consecutive days, with a cumulative increase of 13%.

• Pinduoduo closed up 2.7% on Tuesday, making it the largest stock in Gao Yi's assets.

Gao Yi Asset, a $100 billion private equity giant, recently announced its position in US stocks in the second quarter. Its filing with the US Securities Regulatory Commission shows that the largest US stock position is Pinduoduo, holding 655700 shares with a market capitalization of more than US $55 million. On Tuesday, Pinduoduo closed up 2.7 per cent.

In addition, there are media reports that Pinduoduo affiliated company has set up health technology subsidiary Duoduo Health Technology (Hainan) Co., Ltd. in Hainan, whose business scope includes Internet hospital services, medical services, food management, health food sales, etc., relying on physical hospitals.

• Kingsoft Cloud Holdings Q2 revenue increased by 64.1% year-on-year, closing down 7.66%.

August eighteenth$Kingsoft Cloud Holdings (KC.US) $Release the results for the second quarter of 2020. The financial report shows that in the second quarter, Jinshan Cloud Camp received 1.535 billion yuan, an increase of 64.1% over the same period last year. Of this total, public cloud service revenue was 1.287 billion yuan, an increase of 48.6% over the same period last year, while enterprise cloud service revenue was 246 million yuan, up 259.3% and 35.5% compared with the same period last year.

Kingsoft Cloud Holdings expects third-quarter revenue to be between 1.67 billion yuan and 1.74 billion yuan, up 67% to 74% from a year earlier. On Tuesday, Jinshan Cloud closed down 7.66%.

• KE Holdings Inc. rose 22% in two days, and his market capitalization rose to 45.6 billion US dollars.
  

Hot new shares$KE Holdings Inc. (BEKE.US) $The performance was bright, with the share price hitting its highest level since its listing for the second day in a row, rising as high as $43 on Tuesday, up nearly 10%, and finally closing up 4.6%. KE Holdings Inc. rose 22% in two days, with a market capitalization of US $45.6 billion.

• Rui Si subject English rose nearly 110% in three days and was rated as "Buy" by Big Motors.
  

Since the release of the financial report$Reese subject English (REDU.US) $The stock price continued to climb, rising nearly 110% in the third day, and closed up 28% on Tuesday, with a turnover rate of US $424 million, with a turnover rate of 296%, with a total market capitalization of US $424 million. According to industry insiders, in the 30 trading days before Aug. 13, the total turnover of Reese English was only 3 million US dollars. Investors are advised to pay attention to the risks.

On Friday, the company reported a total revenue of 165 million yuan in the second quarter, up 51.4% from a month earlier, and a net loss of 58 million yuan in the second quarter, down from 103.8 million yuan in the previous quarter. Morgan Stanley raised his profit forecast for Ruisi in 2021 and 2022 by 26 per cent and 21 per cent respectively, raised its target price by 50 per cent from $4 to $6, and upgraded its rating from "neutral" to "buy".