laitimes

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

author:National Business Daily

Edited by Sun Zhicheng

After the mutant new coronavirus Olmikron strain was listed by the World Health Organization as a "need for attention" variant strain, it spread in many countries in less than two weeks.

But it's worth noting that Omi kerong may not be as scary as it was originally rendered,

On December 5, Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to the White House, said the preliminary data from Ami kerong was "a bit encouraging" in terms of toxicity, according to the Associated Press. Earlier data from South Africa suggest that the mutant strain may not be as bad as initially feared.

The market assessed the impact of the Omicron epidemic and the possibility of the Fed's monetary policy, while the US Senate majority leader said that he hoped to pass the $2 trillion stimulus plan before Christmas, the US stock market closed up across the board, the Dow rose nearly 650 points; cruise ship concept, aviation stocks, Chinese stocks, and most other sectors rose. Alibaba, Futu Holdings and Autohome rose more than 10%. Vaccine concept stocks fell.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

Fauci: Preliminary toxicity data are not too bad

According to data from South Africa's National Institute of Infectious Diseases on Saturday, patients infected with Omicron may experience only milder conditions. The report describes the past two weeks at Steve Biko/Tshwane District General Hospital in Hautten Province, South Africa, where Aumi kerong was first identified. The main observations show that most patients do not need to rely on oxygen therapy (unlike previous waves of outbreaks) and that most patients in the ward are "confirmed admission to the hospital with an incidental COVID-19 diagnosis", that is, when they are ready to undergo other surgeries or services.

According to Bloomberg, a report on patients' early experiences shows that most of the COVID-19 patients admitted to the hospital between November 14 and November 29 initially came to the hospital not because of symptoms of COVID-19, but other unrelated diseases, and only found positive on routine admission tests.

The report said that in the past two weeks, the average hospital stay for positive patients was 2.8 days, compared with 8.5 days in the past 18 months. South Africa's National Institute of Infectious Diseases said in its weekly report that hospital stays in all Tswane hospitals have been shortened, which is also lower than the average length of hospital stay in Gauteng province or South Africa reported by the agency in previous waves of the Delta variant outbreaks.

According to First Finance, South African Health Minister Joe Phaahla said on the 3rd that the daily increase in confirmed cases in South Africa on November 25 was 2465, but it has risen to 11535 cases on December 2, and the positive test rate has also soared from 1% to 22% two weeks ago, and the growth rate far exceeds the previous three peaks. After the 2nd, the new cases still exceeded 10,000 per day, and the latest confirmed cases on the 5th were 11,125.

However, in a report by the South African Council of Medical Research, doctors at a hospital in Tshwane, Hautten province, said that 70 per cent of the 42 people treated for COVID-19 infection on December 2 did not need oxygen to maintain normal breathing.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

Image source: Xinhua News Agency (Photo by Folk)

Two other hospitals in The Houten province also said that 80% of the patients admitted on the 3rd did not need oxygen. Fareed Abdullah, head of the AIDS and Tuberculosis Research Office of the South African Council for Medical Research and lead author of the report, said: "This is something that has not been seen in previous outbreaks. "In the past COVID-19 outbreak in South Africa, most patients in hospitals needed oxygen. ”

Last week, the 7-day moving average of new daily cases in South Africa rose to 10,055 from 300 three weeks ago. "It's clear that in South Africa, Omikejon has a strong spreading power," Fauci said. But so far, the patient's condition doesn't seem too serious. ”

But he stressed that "it is too early to make any clear statements, and more data is needed to fully understand the risk profile of Omikeron." ”

"It (Omilon) causes a lower criticality or really doesn't cause any severe illness comparable to Delta's. We need to be very careful before making any determinations. So far, though, the signals about the virus are somewhat encouraging. ”

On December 5, local time, Rochelle Valensky, director of the US Centers for Disease Control and Prevention, told the ABC that as of now, at least 15 states in the United States have found cases of new crown pneumonia infected with the mutant strain Omiljung, and this number is expected to rise.

Valensky said there are currently dozens of cases of COVID-19 in the United States infected with the mutant strain Aomikron. In addition, 99.9% of COVID-19 cases in the United States are infected with the mutant strain Delta.

U.S. stocks rose sharply, and most Chinese stocks rebounded

Global stock markets were boosted by the possibility of lower toxicity on TheOmexon. As of the close, all three major U.S. stock indexes were up, with the Dow up 646.95 points, or 1.87 percent, the S&P 500 up 53.24 points, or 1.54 percent, and the Nasdaq up 139.68 points, or 1.14 percent. European stock indexes also closed higher across the board.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

Vaccine concept stocks fell, BioNTech SE fell 18.67%, Modena fell 13.49%, Vir Biotechnology fell 13.36%, Novavax Pharmaceutical fell 11.6%, and Pfizer fell 5.12%.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

Stocks rose in the context of the economic restart, with General Electric and Boeing both gaining more than 3 percent. Chevron is up 1.5 percent and Caterpillar is up 1.7 percent. Leisure and hospitality stocks gained the most. United Airlines rose 8.3 percent and American Airlines rose 7.8 percent. Royal Caribbean and Carnival Cruises rose more than 8 percent. Shares of Wynn Resorts rose 6 percent, and both Marriott and Hilton rose more than 4 percent. Travel booking stock Expedia rose 6.7 percent and booking Holdings rose 5.3 percent.

Most of the popular Chinese stocks rebounded higher, Ronglian Cloud Communications rose more than 27%, Qingke rose more than 24%, China Aluminum rose nearly 13%, Alibaba, Futu Holdings, Autohome rose more than 10%, Huya rose nearly 10%, Shell rose more than 9%, Baidu, Aurora rose more than 7%, Qudian, Mingchuang Premium Rose more than 6%, iQiyi, Xunlei, Best Group rose nearly 6%, Ctrip, Fang tianxia, Tiger Securities rose more than 5%, NetEase rose more than 4%, Bilibili, Douyu rose more than 3%, Pinduoduo, Tencent ADR rose nearly 3%. Tencent Music rose more than 2%.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...
Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...
Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...
Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

Among the new energy vehicle stocks, Ideal Automobile rose more than 7%, Xiaopeng Automobile rose more than 5%, and Weilai Automobile rose nearly 0.6%. Qutoutiao fell nearly 5%, 51job, JD.com, Phoenix New Media fell more than 3%, and New Oriental and NetEase Youdao fell 1%.

On December 6, Daniel Zhang, Chairman of Alibaba's Board of Directors and CEO, issued an internal letter saying that as the entire group is forming a pattern of multi-business engines driving future growth, "diversified governance" will become a new organizational strategy for the group.

As the president of the group, Dai Shan will represent Ali Group in charge of "Big Taobao" (including Taobao, Tmall, Alimama), B2C retail business group, Taocaicai, Taote and 1688 businesses, jointly forming a "China Digital Business Sector".

As the group president, Jiang Fan will represent Alibaba Group in charge of ali express and international trade (ICBU) overseas business, as well as a number of subsidiaries such as Lazada for overseas markets, jointly forming an "overseas digital business sector".

In a conference call after the release of the Q2 financial report of fiscal 2022 in November this year, Daniel Zhang said that in the past quarter, Ali continued to invest firmly in the three strategic areas of domestic demand, globalization and cloud computing, with the goal of laying a solid foundation for healthy and sustainable development in the future. Daniel Zhang revealed that it will continue to invest in the future under these three major strategies.

WTI crude oil futures rose 5.69% to $69.86/barrel; Brent crude futures rose 5.47% at $73.70/barrel.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

COMEX gold futures on the New York Mercantile Exchange fell $4.6, or 0.26 percent, to close at $1779.50 an ounce.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

The SEC will launch an investigation into Tesla

Tesla fell 6.4 percent to $950.50 at one point in early New York trading on Monday, down 23 percent from the record high of $1,229.91 touched on Nov. 4. Tesla's market capitalization fell below the trillion-dollar mark at one point.

As of Tuesday's close, Tesla was trading at $1,009.01 per share, down 0.59 percent, with a total market capitalization of $1,013.313 billion.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

According to media reports, the U.S. Securities and Exchange Commission (SEC) documents show that the agency has launched an investigation into electric vehicle giant Tesla after the company has been accused of failing to properly disclose the risks associated with defects in solar panel systems to shareholders and the public for years.

Lawsuits and concerns about Tesla's solar system go back a few years. Walmart sued Tesla in 2019, accusing the latter of having its rooftop solar system cause seven stores to catch fire. Tesla denied the allegations, though the two companies eventually reached a settlement.

Business Insider reported on Tesla's plans to replace defective solar panel components in 2019. According to documents provided by legal group PlainSite, several residential users and their insurance companies have sued Tesla and parts supplier Amphenol over a fire in their solar system.

Henkes also filed a complaint with the U.S. Consumer Product Safety Commission. According to media reports, the commission is investigating the case this year.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

According to the News of the State Administration for Market Supervision on December 3, Tesla (Shanghai) Co., Ltd. filed a recall plan with the State Administration for Market Regulations in accordance with the requirements of the Regulations on the Administration of the Recall of Defective Automobile Products and the Implementation Measures for the Administration of the Recall of Defective Automobile Products. Effective from now on, the recall will be made of some domestically produced ModelY electric vehicles with production dates from February 4, 2021 to October 30, 2021, totaling 21,599 units.

Some of the vehicles covered by this recall may not meet the design requirements due to the manufacturer's manufacturing reasons. In the process of vehicle use, the steering knuckle may be deformed or broken, and the suspension linkage may be detached from the knuckle under extreme stress conditions, affecting the driving control of the vehicle, increasing the risk of collision accidents, and there are potential safety hazards.

Tesla supplier Tuopu Group Secretary Wang Mingzhen told securities daily that the Tesla recall incident occurred suddenly, the company did not obtain any information in advance, but the company has understood the details and made an assessment of the consequences, the recall is a non-major event, will not have an impact on the company's annual operating performance.

However, affected by the above-mentioned bearish news, the stock price of Tuopu Group fell by 8.86% on December 3, and the market value evaporated by nearly 6 billion yuan.

At the opening of the market on December 6, the share price of Tuopu Group continued to fall, and as of the close of the day, the stock price was reported at 54.49 yuan / share, a decline of 4.7%. Compared with the record high of 68.06 yuan per share reached on November 30, the decline was 19.94%, and the evaporated market value was close to 15 billion yuan.

Omi kerong is now an important signal! Chinese stocks rebounded collectively, Ali rose 10%, Didi rose 9.8%, Baidu rose more than 7%! Vaccine stocks collapsed...

It is worth noting that this is not the first time Tesla has initiated a recall due to a knuckle problem. It is reported that on November 21 this year, Tesla applied to the U.S. Highway Safety Administration to recall some Model Y electric vehicles with production dates from June 16, 2020 to November 10, 2021, for a total of 826.

The reason for the recall is also that the strength of the front and rear steering knuckles of some vehicles may not meet the design requirements. The report shows that of the 826 Model Y models involved in the problem, the proportion of defective models is estimated to be 1%. As for the steering knuckle supplier of the Us-made Tesla Model Y, it is not known.

In response to the quality of the Model Y steering knuckle, Zhang Xiaoguang, an analyst in the automotive industry, said that both Tuopu Group and Tesla will conduct multiple batches of destructive tests on such structural parts, and the report should have archived records, and it is impossible to find no problems for a long time. Given that there are similar accidents in the Us-made Tesla, the possibility of flaws in the design is not ruled out.

Daily Economic News Integrated Financial Associated Press, First Finance, CCTV New Peregrine App, etc

Daily economic news

Read on