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Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.
OpenAI has released the AI video generation model Sora, and the core AI application companies are expected to achieve rapid growth.
① OpenAI has released the long-awaited AI video generation model Sora, which is similar to OpenArt's AI tool DALL-E. Users input desired scenes, and Sora will return high-definition video剪辑 results. ② china galaxy recommends continuously focusing on the growth of domestic AI applications and their monetization capabilities.
Second only to "Ning Wang"? The first lithium mine of Zhongjun Mining has "opened" with lithium carbonate equivalent reserves exceeding 3.24 million tons|Quick read of the announcement.
① Dazhong Mining has released a resource report for the Tongtian Temple mining segment at the Jijiao Mountain mining area, with an equivalent lithium carbonate reserve of approximately 3.2443 million tons; ② According to incomplete statistics by the Financial Association reporter based on public information, the reserves of Dazhong Mining's Jijiao Mountain mining area may be second only to contemporary amperex technology's (300750.SZ) mines among low-grade lithium mica mines.
Zheng Jianbo plans to "take control" of xuancheng valin precision technology, while sunwave communications previously acquired its venture at a huge cost but suffered significant losses | Quick read announcement.
① Xuancheng Valin Precision Technology intends to issue 30% of its shares, raising 0.453 billion yuan. After subscribing, Zheng Jianbo will replace the Huang Yihua family as the new actual controller; ② The new owner, Zheng Jianbo, founded Giant Network Technology, which was acquired by Sunwave Communications for a large sum, resulting in a goodwill impairment loss of 0.8 billion yuan for Sunwave Communications.
Chat records, dual contracts? Xiangcai Co., Ltd. announced clarifications, involving three key points.
① Xiangcai Co., Ltd stated that neither the company nor its subsidiaries have signed hidden contracts with related parties, nor have they provided assistance for related illegal activities. ② The subsidiaries have also conducted various self-inspections and verifications, and have not found that Xiangcai Securities or its staff provided assistance for related illegal activities.