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中概扫描 | 瑞信下调百度目标价至356美元,蔚来由跌转涨

China Survey Scan | Credit Suisse lowered Baidu's target price to $356, NIO changed from decline to rise

富途資訊 ·  Apr 30, 2021 23:34  · Movers

Editor / Futu Information roy

Futu news on April 30, the three major indexes fell in intraday trading, the Dow fell more than 250 points, as of press time, the Nasdaq fell 0.61%, the S & P 500 index fell 0.73%, and the Dow fell 0.75%.

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NIO Inc. changed from falling to rising, rising to 5% at one point and now up 3.9%. NIO Inc. released results for the first quarter of 2021 after US stocks opened on Thursday: total revenue reached 7.98 billion yuan, up 481.8% year-on-year and 20.2% month-on-month.

Li Bin, founder and CEO of NIO Inc., said that NIO Inc. 's product demand is still very strong, but in the context of the current lack of core, the main problems and challenges are still in the supply chain. NIO Inc. is expected to deliver 21000 to 22000 vehicles in the second quarter.

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Feita information rose more than 2%, Yatsen rose more than 1%, ZTO Express, RLX Technology Inc., KE Holdings Inc. followed up.

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BABA fell 0.72%. BABA will release his annual results before the U. S. stock market opens on May 13.

BABA Group froze executive pay increases in 2021, instead giving ordinary employees a bigger pay rise to retain talent. BABA's hundreds of senior executives are not entitled to a raise this year unless they perform exceptionally, four sources said.

Baidu, Inc. fell 0.75%. Credit Suisse released a report predicting that Baidu, Inc. 's income in the first quarter would grow by 22% compared with the same period last year, while the growth of core business would accelerate to 32%, recovering from the 7% growth in the fourth quarter of last year. The adjusted operating margin of core business is expected to increase by 2 percentage points to 23%. Baidu, Inc. has 558 million monthly active users in March, 75% of whom have logged in.

The bank lowered Baidu, Inc. 's target price for US stocks to $356, giving it a rating of "outperforming the market".

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Bilibili Inc. fell by more than 3%. Bilibili Inc. participated in the rights issue of Chinese mobile games. According to the announcement, Zhongshou plans to issue 258 million shares, accounting for 9.32 per cent of the enlarged share capital. Among them, Bilibili Inc. subscribed for more than 650 million, and his shareholding accounted for 7.15% after the completion of the subscription.

Pinduoduo fell by more than 1%. According to the daily position report of the ARK fund, ARK's ETF ARKW bought 75700 shares of Pinduoduo on April 27, with a market capitalization of about $10.41 million at the company's closing price of $137.49 per share.

HUYA Inc., Dada Nexus Limited, TRIP COM GRP LTD and NetEase, Inc fell by more than 2%. TAL Education Group and youdao fell by more than 1%.

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According to the Fortune Securities US stock trading hot list, the top Chinese stocks include Futu Holdings Limited, NIO Inc., Tencent Music, who to learn from, Bilibili Inc. and so on.

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Screenshot from: Futuo Niuniu APP market-market-opportunity-popularity list

The translation is provided by third-party software.


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