TencentSecurities report on September 28. China Securities Stock Exchange rose collectively in early trading on Monday. Of these, 177 rose and 88 fell. Measuring the trend of securities in ChinaBank of New York MellonChina's ADR index rose 1.1% to 731.39 points.
Among the well-known Chinese securities firmsAlibabaIncreased by 1.85%;BaiduIncreased by 0.61%;JingdongUp 0.29%;NetEaseDecreased by 2.17%;SinaIncreased by 6.27%;WeiboIncreased by 8.51%;PinduoduoDecreased by 1.32%;Funny headlinesDecreased by 1.66%;Wei LoeIncreased by 1.66%;Xiaopeng MotorsIncreased by 4.2%;iQiyiDecreased by 1.29%;ThunderboltIncreased by 1.17%;Mo HingDecreased by 0.14%;The Age of GatheringIncreased by 1.08%;Tiger's ToothDecreased by 0.8%;BilibiliDecreased by 0.55%;shellUp 7.7%.
Yasunobu Education,UMC,Dane Technology,Skillful Craftsman Education Technology Ltd,Jiangsu Huarui Clothing Co., Ltd.,Huafu Education,Lanting gathered momentum,Boqi Pharmaceuticals,Meidai YoshikazuTen stocks, including Weibo, registered the highest gains. Among them, Anbo Education rose 140.88%; UMC rose 15.23%; Dane Technology rose 14.79%; Skillful Craftsman Education Technology Ltd rose 13.89%; and Jiangsu Huarui Clothing Co., Ltd. rose 12.39%.
Asia Pacific Wire & Cable Co., Ltd,Yangtze Port Logistics,The ninth city,Tianhua sunshine,Ai Hong Sen,CBAK Energy Technology,Dagong Cultural Exchange,Yao Shi Starlight,Code Chain New Breathe Ltd,Wuhan GMTen stocks had the highest declines. Among them, Asia Pacific Wire & Cable Co., Ltd. fell 14.62%; Yangtze River Port Logistics fell 14.12%; Ninth City fell 13.19%; Tianhua Sunshine fell 12.93%; and Ihongsen fell 12.65%.
Recent news relating to China Securities is as follows:
Sina announced on Monday that it has agreed to privatize at a price of $43.3 per share. The privatization price has a 7.7% premium over Sina's closing price on September 25 and an 18.1% premium over the closing price on the last trading day before the company first received the initial non-binding privatization offer. In addition, Sina's second-quarter revenue for the second quarter was US$507.7 million, down 5% from the previous year; under non-GAAP, net profit attributable to shareholders was US$34.4 million, and a net profit of US$54 million was recorded in the same period last year.
Weibo's second-quarter revenue was US$387 million, down 10% year on year. Net profit of the mother was 198 million US dollars, up 92.6% year on year. As of June 2020, the number of monthly active users (MAU) of Weibo was 523 million, a net increase of about 37 million over the previous year. The average daily active users (DAU) was 229 million, a net increase of about 18 million over the previous year.
Xiaopeng Motor announced on Monday that it has received 4 billion yuan in financing from the Guangzhou Development Zone. In addition, the company will also invest in projects such as building a new intelligent manufacturing base and purchasing factory equipment in Guangzhou, which are expected to be completed and put into operation by the end of 2022.
A person close to Baidu told Yiou that Baidu plans to spin-off Xiaodu (which includes two parts of intelligent hardware and AI voice interaction systems) for independent financing and is likely to choose to go public on the Science and Technology Innovation Board. Currently, some adjustments have been made in the organizational structure.
On September 25, NIO signed an agreement worth 600 million US dollars through its wholly-owned subsidiary to subscribe to the additional registered capital of NIO (Anhui) Holdings Co., Ltd., which is NIO's legal entity in China.