The US Treasury announced on Thursday that the planned TGA cash balance had fallen to $800 billion by the end of March, compared with $1.1 trillion at the end of the month. Deputy Assistant Treasury Secretary Brian Smith said, "We still intend to gradually reduce the cash balance and bring it in line with the last quarterly refinancing guidelines." In addition, U.S. Treasury Secretary Yellen urged the world's major economies to make efforts to provide substantial new financial support to ensure a strong economic recovery.

Federal Reserve Chairman Jerome Powell said Thursday that uneven vaccination schedules around the world could pose a risk to economic recovery. James Bullard, president of the St. Louis Fed, said it would be too early for central bankers to discuss reducing asset purchases as long as the epidemic continues.

As of press time, futures on the three major US stocks were mixed, with Dow futures up 0.21%, S & P 500 futures up 0.06% and Nasdaq futures down 0.21%.

Hot Chinese stocks

Before Friday, some popular Chinese stocks weakened, Yixian e-commerce fell more than 2%, Baidu, Ali, JD.com, pinduoduo, ideal Motor, Xiaopeng Motor all fell more than 1%.

On the news side, representatives of 10 Internet platform enterprises, including JD.com and Meituan, signed the "commitment of platform Enterprises to maintain Fair competitive Market order" at the meeting, promising to the society not to illegally collect and use consumers' personal information and not to take advantage of data to "kill".

A US judge has dismissed a lawsuit against Baidu accusing Baidu of deceiving shareholders about its ability to comply with China's Internet content management regulations, according to Reuters.

Xiaopeng Motor announced on the 8th that it will build a smart electric vehicle factory in Wuhan. At the same time, governments at all levels in Wuhan have highly recognized the development of new energy vehicle industry and Xiaopeng automobile. In addition, the delivery ceremony of Xiaopeng P7 wing version will be held at 19:30 this evening at Shanghai Fosun Art Center.

Credit Suisse issued a report saying that bilibili's recent share price has been retracted 27% from its high level, and that it may be the buying time that bilibili's Hong Kong stock outperformed the market rating for the first time.

TSMC reported today that first-quarter revenue rose 17 per cent to NT $362.4 billion (US $12.7 billion), exceeding the average analyst estimate of NT $360.5 billion and hitting a record high for the third quarter in a row.

• Sohu soared more than 17% before the session, and it is reported that Sohu will be approved for the privatization of Tencent.

Sohu soared more than 17% before trading today, and China's antitrust regulators are ready to approve Tencent's deal to privatize Sogou, according to Reuters, citing people familiar with the matter.

According to the source, China's State Market Regulatory Administration has no objection to Tencent's acquisition of its 60 per cent stake in Sogou for $3.5 billion, but only if Tencent is willing to set up a special mechanism to remedy it to ensure data security and personal information protection.

Active US stocks before the day

• Tesla fell 0.12% before trading, and sales in China set a record in March.

Tesla fell 0.12% before trading today, and the Federation announced that car sales in China in March 2021, Tesla sold a total of 35478, once again setting a new record for monthly sales. Tesla's Model 3 sales reached 25327, up 85 per cent from the previous month, according to the data. The newly launched Model Y sold more than 10, 000 vehicles a month for the first time, up 119% from the previous month.

In addition, Tesla's US official website once again raised the prices of some models of Model 3 and Model Y, including the standard life upgrade version and long-lasting version of Model 3. The long-lasting version of Tesla Model Y starts at $50490, compared with $49990 before, an increase of $500.

• FuboTV rose nearly 6% before trading, and the company won the right to broadcast the World Cup qualifying match.

FuboTV rose nearly 9 per cent before trading and is now up nearly 6 per cent.

The company had announced on its website that it had won the exclusive streaming right to qualify for the 2022 World Cup in South America.

David Gandler, co-founder and CEO of fuboTV, said, "our mission is to provide the world's most exciting sporting first live television experience and by providing the best South American football ahead of the 2022 World Cup in Qatar, we have further differentiated fuboTV's sports-based content portfolio, enabling us to attract more consumers than ever before. "

• Some block chains of US stocks rose before trading, with MARA rising more than 3 per cent.

Some block chains of US stocks rose before trading, with MARA up more than 3%, BTBT, Yibang International and RIOT up more than 2%, Janan Technology up more than 1%, and the ninth city, MSTR, SOS, CLSK and so on.