Joining hands with CITIC REITs to support Suning, once CHINA HUARONG has been incorporated into CITIC, it shows a strong recovery.
① With CITIC Financial Assets intervening in the bailout, Suning E-commerce's Operation is steadily recovering, achieving nearly its first profit in 4 years in 2024; ② Since CITIC took over, CHINA HUARONG (i.e., CITIC Financial Assets), which had been mired in losses exceeding 100 billion, has also significantly improved its performance.
TikTok has resumed services for users in the USA, and the related industry chain is expected to continue rapid growth.
① TikTok announced on the Social Media platform X that it is resuming services for users in the USA and will collaborate with the incoming President Trump to develop a long-term solution to keep TikTok "in the USA." ② GTJA Research Reports pointed out that TikTok's commercialization started in 2020 and is still in a phase of rapid growth.
The TikTok ban is approaching! Xiaohongshu has internationalized overnight; what changes will occur in the ecosystem of social applications in the USA?
Xiaohongshu may be able to gain the attention of American users through the TikTok incident, but as user enthusiasm wanes and there is no local market marketing, it is difficult for Xiaohongshu to have the same level of influence in the USA as TikTok.
Another AI model from the industry leader will be officially released, and domestic large models are expected to rise quickly.
① Iflytek Co.,ltd.'s Xunfei Spark deep reasoning model X1 is planned to be officially released on January 15. Previously, the company has released the Xunfei Spark large model V4.0, the Xunfei Spark large model 4.0 Turbo, and other large models. ② Dongguan Securities stated that as domestic companies such as Byte, Huanfang, and Xiaomi actively lay out in the AI field, domestic large models are expected to rise rapidly.
The annual report is approaching, and Simei Media was fined for information disclosure violations five years ago. Two days ago, it just announced the resignation of its financial负责人.
① The annual report is about to be disclosed, and Simei Media has suffered consecutive setbacks; ② The penalties for the stock equity trade information disclosure violations from five years ago have been announced; ③ For two consecutive years, the financial responsible person has left the company around the time of the annual report disclosure.
In 2024, Douyin e-commerce sales increased nearly 40% year-on-year, and the Industry Chain continues to show a thriving development trend.
According to reports, in 2024, Douyin e-commerce sold 15.4 billion orders, a year-on-year increase of 39%. A total of over 53 million live-streaming sales have facilitated Trade, with nearly 0.15 million items achieving sales over one million yuan in the live-streaming rooms. Liu Wenzheng from Minsheng Securities stated that the e-commerce Industry continues to develop and evolve; in a complex Operation environment, Douyin e-commerce still maintains a vigorous growth trend.