China Securities

• Alibaba rose nearly 2% before the market, and Credit Suisse is optimistic about the rebound in Alibaba's performance

Ali moved higher before the market, up 1.95% to $247.7. According to Credit Suisse, Alibaba's online consumption remained stable in the fourth quarter of last year, with express delivery volume increasing 37% year over year and 38% in the third quarter. The bank estimates that the Group's total revenue for the third quarter of FY2021 will increase 32.7% year-on-year to 214 billion yuan.

• Yihang Smart's pre-market price rose more than 11%, doubling its stock price in the past 8 trading days
  

Ehang Intelligence closed up more than 17% yesterday and strengthened again before the market. It is now up 11% to $49.4. Its stock price has doubled in the past 8 trading days.

Earlier, Yihang Intelligence announced that it has reached a strategic partnership with Zhuhai Grand Hengqin Pan Tourism Development Co., Ltd., Zhuhai Huafa Sports Operation Management Co., Ltd., and Flying World (Zhuhai) Technology Co., Ltd. to jointly carry out air traffic operation projects in the Hengqin New Area of Zhuhai City, Guangdong Province, provide air traffic services for various applications such as air tourism, and plans to establish autonomous flight experience centers and supporting service systems in many places.

• Pinduoduo fell 7% in the opening session, falling more than 14% this week

Pinduoduo declined in pre-market trading. As of press release, it fell 7%, with turnover exceeding 3 million US dollars, falling more than 14% this week. There is news that Pinduoduo has recently withdrawn from the Red Envelope Cooperation Program with CCTV's Spring Festival Gala.

Active US stocks before the market

• Blackberry rose more than 22% before the market and closed 22% yesterday

Following yesterday's close of more than 22%, Blackberry continued to rise 22% before today's market.

According to relevant media reports, Blackberry (BB.US) has recently sold 90 smartphone technology patents to Huawei. After the news was announced, Blackberry Chief Financial Officer Steve Rai also confirmed the news at the J.P. Morgan Chase online investor conference.

It is reported that over the past few years, Blackberry has been seeking to get rid of its smartphone business. Blackberry stopped the production line of the smartphone business as early as 2016 and shifted its focus to the fields of enterprise, IoT, and security software, but currently the company still holds a large number of patents related to these devices. The sale of some patents also shows that the company intends to invest its energy in other businesses.

• PLTR surged more than 5% in the pre-market period, increasing ARK's holdings by 490,000 shares yesterday

PLTR weakened yesterday and fell more than 3% intraday to close down 2.27% to $24.92. It was higher before today's session, reaching 6%, but is now up 5.42% to $26.27.

It is worth noting that on the 14th, Palantir received an increase in holdings from ARK's fund ARKW, with a total purchase of 497,000 shares.