IPO, an ant group owned by BABA, was approved by the Hong Kong Stock Exchange or listed in early November. Kaixinqic closed up 293.72%, while JPMorgan Chase & Co was bullish on China's electric car market. MINISO Group fell 9.92% and now has a total market capitalization of US $6.347 billion.

On Monday, US Eastern time, the three major US stock indexes closed lower, while US-listed stocks closed mixed.

The specific performance is as follows:

In terms of well-known Chinese stocksAlibaba fell 0.66%, JD.com 1.12%, Baidu 0.86%, Pinduoduo up 0.15%; XPeng Inc. down 8.87%, NIO Inc. down 2.98%, NetEase, Inc down 1.32%, Bilibili Inc. up 0.41%, iQIYI, Inc. up 0.58%, HUYA Inc. up 3.65%, DouYu International Holdings Limited up 3.93%, Weibo down 0.13%, Sohu.com down 3.13%.

Focus review

• Sources say that Ant Group IPO has been approved by the Hong Kong Stock Exchange or listed in early November.

October 20 news, market news pointed out that$BABA (BABA.US) $The listing plan of its Alipay parent Ant Group in Hong Kong has been approved by both China and Hong Kong. The IPO, the largest ever raised, is expected to list in early November.

According to the official website of the China Securities Regulatory Commission, Ant Group received the decision of the China Securities Regulatory Commission on its application for administrative permission to list in Hong Kong on Friday (October 16). At the same time, the media reported that Ant Group had also been listed on the Hong Kong Stock Exchange.

Sources said earlier that Ant Group plans to raise about US $35 billion (about HK $273 billion) by listing in Hong Kong and China.

• Li Auto Inc. drove high and left low, and the new forces of car-building were collectively called back.

The new energy vehicle sector fell, with XPeng Inc. down by more than 8%, NIO Inc. by more than 2% and Li Auto Inc. by nearly 3%.

Before that,$Li Auto Inc. (LI.US) $It was officially announced that 20000 vehicles would be delivered in only 10 months. This is since the official start of delivery in December 2019, Li Auto Inc. only 10 months to set a new domestic car building force brand-new model delivery record.

• Kaixinqic closed up 293.72%, and JPMorgan Chase & Co was optimistic about China's electric vehicle market.

After a strong rise last week$Kaixinqic (KXIN.US) $Shares soared again in u.s. stock trading on Monday, surging nearly 300% overnight and up 14-fold in four trading days.

Shares in the relevant sectors received a big boost on Wednesday after an analyst at JPMorgan Chase & Co raised his overall outlook for China's electric vehicle (EV) market. This has pushed up the share prices of electric carmakers such as NIO Inc., and Kaixinqic, one of China's high-end used-car dealers, has also benefited.

However, analysts pointed out that Kaixinqic's core business is the Internet used car distribution business, which does not overlap with the current hot new energy vehicle business, and the promotion of speculative intention is more likely to be the main reason for the rise.

• MINISO Group dropped 9.92% and CEO released internal open letter.

MINISO Group fell sharply on Monday, closing down 9.92%, with a latest market capitalization of $6.347 billion.

October nineteenth$MINISO Group (MNSO.US) $Ye Guofu, Chairman of the Board and Chief Executive Officer, made a speech.Entitled "persisting in doing something difficult and valuable, time will reward people who are honest and diligent."Internal open letter: MINISO Group aims to become one of the fastest growing enterprises in globalization, to meet the diversified needs of consumers in different countries, adapt to the business environment and competition in the local market, and maintain the speed of going out to sea.

• Bilibili Inc. announces strategic cooperation with BBC

According to the media on October 19th$Bilibili Inc. (BILI.US) $Jointly announced with BBC Studios that the two sides have reached a long-term strategic cooperation in the areas of documentary content co-production and IP derivative development. According to reports, the two sides will jointly produce documentaries such as The Green Planet and The Mating Game in the category of natural history.

Bilibili Inc. said that a large number of BBC documentaries and British dramas will be launched on his website in the future.