Per editor: Yang Jian
NO.1 In the early morning of June 8, Beijing time, the three major indexes of U.S. stocks closed mixed, with the Dow up 0.28%, the NASDAQ down 1.29%, the S&P 500 down 0.38%, most popular technology stocks down, AMD down more than 5%, Amazon down more than 4%, Google, Microsoft, Nvidia down more than 3%. UiPath fell nearly 8%, Shopify fell more than 6%, and C3.ai fell more than 4%.
NO.2 Most of the popular Chinese concept stocks fell, and the Nasdaq China Golden Dragon Index fell 0.92%. Baidu and Xpeng Motors fell by more than 3%, JD.com fell by more than 2%, Alibaba and NIO fell by more than 1%, and Bilibili, Tencent Music, Li Auto, Pinduoduo and Futu Holdings fell slightly. Vipshop rose more than 2%, Weibo, Manbang, iQiyi, and NetEase rose slightly.
NO.3 The onshore yuan closed at 7.1340 Beijing time against the US dollar at 03:00, down 160 points from the previous session's overnight close. The offshore yuan (CNH) traded at 7.1477 yuan against the US dollar at 04:59 Beijing time, down 188 points from the end of Tuesday's New York session, and the overall intraday trading was in the range of 7.1120-7.1533 yuan.
NO.4 The main indexes of European stocks generally closed lower, with Germany's DAX30 down 0.21%, Britain's FTSE 100 down 0.01%, France's CAC 40 down 0.09%, and Europe's Stoxx 50 down 0.06%.
NO.5 WTI July crude oil futures closed up 1.1% at $72.53 / barrel; Brent crude futures closed up 0.87 percent at $76.95 a barrel. COMEX gold futures for August ended down 1.17% at $1958.4 an ounce.
NO.1 At the recently held China International Information and Communication Exhibition 2023, the IMT-2020 (5G) Promotion Group, together with upstream and downstream partners in the 3D industry chain such as the China Academy of Information and Communications Technology, TCL Huaxing Optoelectronics, Huawei, Honor, and Xiaomi, jointly released the naked-eye 3D industry promotion initiative to support the standardization and industrial construction of key technologies of glasses-free 3D. With the help of 5G/5G-A network capabilities, more glasses-free 3D applications can be incubated, accelerating the large-scale development of glasses-free 3D mobile applications and opening a new era of immersive experience. The state attaches great importance to the development of naked-eye 3D, and has issued a series of support policies, such as the "Thirteenth Five-Year Plan" National Strategic Emerging Industry Development Plan, which clearly proposes to "accelerate the development of core technological innovation such as naked-eye 3D".
Comments; At present, glasses-free 3D is about to mature in optical display, terminal research and development, content processing and user experience, which can realize the small size and lightweight of the terminal, and can have natural comfort and immersive 3D experience without wearing external devices (polarized glasses, VR headsets, etc.). With the rapid development of key technologies such as optics, dynamic eye tracking, and AI, as well as the increasing richness of terminal categories and styles, the inflection point of the naked-eye 3D industry is approaching, and it is expected to become a new mainstream business in the next 1-2 years. Concept stocks include SuperMap Software, Tus Design, Jiachuang Video, etc.
NO.2 The first Summit Forum on the Construction of a Cultural Power was held on June 7, the theme of this forum is to promote cultural self-confidence and self-improvement, promote exchanges and mutual learning among civilizations, and eight sub-forums include the development and application of cutting-edge technologies in digital publishing, the high-quality development of the film industry, and the joint construction of a new Internet copyright ecology. As one of the media of cultural power, the development of the film and television industry has attracted the attention of institutions, and the summer vacation file and the National Day file have brought about the recovery of the cinema sector.
Comments: With the support of AI, it can provide new ideas for script creation, and creators can screen and reprocess according to the generated content of ChatGPT, so as to stimulate the inspiration of creators, develop creative ideas, and shorten the creation cycle. In addition, AI technology is applied to animation special effects, virtual shooting, derivative product development, etc., to improve the efficiency of content creation. Concept stocks include Happy Blue Ocean, Light Media, Hengdian Film and Television.
NO.3 On June 7, at the Huawei Global Smart Finance Summit 2023, HUAWEI CLOUD officially released GaussDB, a next-generation distributed database. After more than 20 years of technology accumulation, GaussDB has achieved 100% independent research and development of core code, and is the only domestic database in China that can achieve software and hardware collaboration and full-stack autonomy, truly realizing software and hardware collaborative optimization. Zhang Pingan, CEO of HUAWEI CLOUD, said that GaussDB has been used in Huawei's internal IT systems and core business systems in many industries. In the future, GaussDB will deeply cultivate the financial scene and move from the financial industry to other industries with high requirements for databases.
Comments: Generative AI and IoT are being integrated into financial services, and Huawei will continue to invest in root technology research to continuously improve product resilience, achieve high performance, high reliability, and high security at the "cloud-network edge", and innovate in financial scenarios while leading the technology. Rich scenario-based artificial intelligence technologies and models such as deep learning, image analysis technology, natural language processing, and speech recognition provide comprehensive artificial intelligence application solutions for the financial industry. Concept stocks include Yinzhijie, Kelan Software, Zhitong Electronics and so on.
PetroChina (601857): "Leaders of state-owned enterprises and women holding hands to go shopping" has attracted attention. According to Dahe News, an informed source revealed that the man in the video is suspected to be Hu Mouyong, executive director, party secretary and general manager of Huanqiu Engineering Project Management (Beijing) Co., Ltd., and the woman holding hands with him is not Hu Mouyong's wife, and the two work in the same unit. On the afternoon of June 7, PetroChina Beijing Project Management Company issued a notice saying that according to the relevant information on the Internet, the company's party committee attached great importance to it and immediately organized verification and understanding. The person involved, Hu Jiyong, has been removed from the position of executive director, party secretary and general manager of the company, and has been verified by the company's discipline inspection commission.
China Eastern Airlines (600115): On June 7, reporters learned that deliveries of the second C919 had recently begun, and it was planned to be transferred from COMAC to China Eastern in mid-June. China Eastern Airlines said earlier that after entering commercial passenger operation, C919 will appear on high-quality boutique routes in Shanghai, Beijing, Xi'an, Kunming, Guangzhou, Chengdu, Shenzhen and other places.
Transwarp Technology (688031): The company plans to raise an additional capital of no more than 1.52 billion yuan, which will be used for the construction project of data analysis large model, the construction project of intelligent quantitative investment and research integration platform, the construction project of data element security and circulation platform, the construction project of AI knowledge assistant, and the construction project of R&D and operation center.
Navitas Technologies (688690): The Company intends to acquire a total of 44.8% equity interest in Fuli Instruments in two cash installments for a total consideration of RMB179 million. After the completion of the two share transfers, the company holds a total of 44.8% of the equity of Fuli Instruments, realizing the control of Fuli Instruments. Fuli Instruments has advanced technology and rich product accumulation in the fields of gas chromatography, liquid chromatography, gas chromatography-mass chromatography, pretreatment equipment and online monitoring.
Sanan Optoelectronics (600703): Sanan, a wholly-owned subsidiary, and STMicroelectronics, will jointly establish a joint venture foundry company specializing in silicon carbide epitaxy and chip production, Sanan STMicroelectronics (Chongqing) Co., Ltd., with an estimated total investment of US$3.2 billion, and Sanan, a wholly-owned subsidiary of Hunan Province, decided to establish a wholly-owned subsidiary Chongqing Sanan Semiconductor Co., Ltd. in Chongqing to accelerate the layout of automotive-grade silicon carbide chips, mainly engaged in the production of silicon carbide substrates, with an estimated total investment of 7 billion yuan.
Huayin Power (600744): The company plans to invest 580 million yuan in the construction of the Badoupo Wind Farm Project in Datang Huayin Channel County, 380 million yuan in the construction of the Xiaoshui Wind Farm Project in Yunyang City, 680 million yuan in the construction of Longxi Wind Farm Project in Yanling County, 350 million yuan in the construction of the first phase of the Taihu Wind Farm Project in Gantian Town, Zhukou District, 560 million yuan in the construction of Lanxi Fishery-Solar Complementary Photovoltaic Power Generation Project in Heshan District, Heshan District of Datang Huayin Yiyang City, and 440 million yuan in the construction of Pingtan Wind Farm Project in Datang Huayin Channel County.
Xili Technology (688616): In the project of "State Grid Co., Ltd. 35th batch procurement in 2023 (the first electric energy meter (including electricity information collection) bidding and procurement of marketing projects)", the company is the winning bidder of Class A single-phase smart energy meter, Class B three-phase smart energy meter and concentrator and collector, with a total bid amount of 126 million yuan (including tax), accounting for 23.26% of the company's operating income in 2022.
Guanfu shares (002102): The controlling shareholder, Chengfa Capital, plans to increase its holdings of the company's shares through auction, secondary market purchase, agreement transfer, etc. from June 7 to December 6, and the total amount of shares to be increased this time is not less than 80 million yuan and no more than 120 million yuan. On June 7, City Development Capital increased its holdings of 2.2103 million shares of the company, accounting for 0.08% of the company's total share capital, with an average price of about 3.40 yuan per share, and a total increase of 7.51 million yuan.
Zhengzhou Coal Power (600121): Zhengzhou Coal Group, the controlling shareholder, intends to transfer 66.371 million shares of its unlimited outstanding shares of Zhengzhou Coal Power to Zhengzhou Thermal Power, accounting for 5.45% of the total share capital of the listed company. The price per share of this share transfer is 4.52 yuan per share, and the total share transfer price is about 300 million yuan.
Juhe Materials (688503): Deli Ju, a wholly-owned subsidiary, plans to sign an investment agreement with the Changzhou High-tech Zone Development Committee to invest in the construction of a "high-end photovoltaic electronic materials base project" in Changzhou City, Jiangsu Province. The total investment of the project is expected to be about 1.2 billion yuan.
Grammy (002340): The company intends to repurchase part of the shares and use them for the subsequent implementation of equity incentives or employee stock ownership plans in accordance with the law. The total amount of funds repurchased shall not be less than 100 million yuan and not more than 150 million yuan, and the price of the repurchased shares shall not exceed 10.29 yuan per share.
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