After the first phase of the announcement of the online car-hailing service rate ("commission"), Didi’s "Questions and Answers" launched the second phase of the content today, focusing on the price issues that drivers and passengers are generally concerned about. Guo Fei, technical director of Didi’s online car-hailing supply and demand strategy department, answered the factors that determine the price change of online car-hailing and solicited comments and suggestions from the public.

　　Guo Fei pointed out that, like the "fruit freedom" that has caused heated discussions in the media and netizens some time ago, the decrease in supply and extreme weather have led to the increase in the price of vegetables and fruits, and netizens have said that they cannot afford to eat fruits. The price of online car-hailing is affected by factors such as supply and demand, local consumption level, income level and energy price. Among them, supply and demand are the most important and complex factors. Passenger demand is stronger in morning and evening peaks, extreme weather, hot summer and cold, and driver willingness, compliance policies, safety and security will affect the supply of drivers. Any change in demand or supply will upset the original balance.

　　Guo Fei said that the relationship between supply and demand fundamentally determines the fluctuation of prices. Only when the demand for travel is growing rapidly, and the city continues to be in short supply and capacity shortage, the price needs to be raised. But when the supply and demand are balanced, random price increases will definitely reduce the demand for passengers to take a taxi, directly affecting the income of drivers and platforms, which also determines that Didi will not raise prices at will. Didi will continue to work hard to continuously explore the characteristics of temporal and spatial changes related to supply and demand and analyze the influencing factors, summarize the laws of supply and demand changes in the travel field; respect the market, so as to better serve users.

　　Since September last year, Didi has continued to strengthen dialogue and communication with the public, and has successively launched communication columns such as "Public Council", "Answers to Questions", and "Safe Release". Didi will continue to be open and transparent, and actively work with all sectors of society to build a safe and healthy travel ecosystem.

　　The following are the original questions and answers of Didi’s second "Ask and Answer":

　　What factors determine the price of a car on Didi?

　　(Guo Fei, Technical Director of Online Car-hailing Supply and Demand Strategy Department)

　　Passenger:

　　Taxi prices often change, so why should Didi adjust it?

　　Peak price increases, is Didi taking advantage of the fire?

　　Driver:

　　Oil prices are rising, and the air conditioner is turned on in summer. Should the fare be increased?

　　What should I do if I change the car and insurance after compliance, the cost is high and the income is less?

　　After answering the questions related to "platform service rates (commonly known as commissions) " in the last issue of "Questions and Answers", we received feedback and questions from many driver masters and passenger friends, including many of the above questions about online ride-hailing prices.

　　In fact, just like the "fruit freedom" that caused heated discussions in the media and netizens some time ago, the decrease in supply and extreme weather have led to the increase in the price of vegetables and fruits, and netizens have said that they cannot afford to eat fruits. The fluctuation of online car-hailing prices is also similar, which is affected by factors such as supply and demand conditions, local consumption levels, income levels and energy prices. Among them, the supply and demand situation is the most important and complex factor. Any change in demand or supply will upset the original balance.

　　Demand: Morning and evening peaks, extreme weather, heat and cold are more vigorous

　　There are travel tides in the city, not only is it difficult to take a taxi in the morning and evening peaks, but also in bad weather, extreme heat and cold and peak tourist seasons, using Didi to call a car will also encounter "queues", because there are more people taking a taxi at this time, and everyone hopes to travel conveniently and comfortably.

　　During the peak of the working day, or when the spring flowers are blooming and the autumn is cool, the number of people traveling by bus, subway, and bicycle will increase, and the number of people taking taxis will be relatively small. At this time, it is easier for passengers to order a car, but the driver’s perception is "less orders."

　　Supply: Affected by driver willingness, compliance policy, safety assurance, etc

　　During holidays such as the Spring Festival and National Day, drivers prefer to accompany their families or travel, rather than go out to take orders. However, in rainy days, severe road flooding or other extreme weather, for their own safety reasons and to avoid vehicle damage, the number of drivers leaving the car will also be greatly reduced.

　　Although the number of passengers taking taxis increases in summer, turning on the air conditioner will also significantly increase fuel consumption and increase additional costs. Therefore, drivers often decide whether to take orders based on their income, weather, traffic jams, etc., which also leads to constant changes in supply.

　　In addition, the implementation rules for the management of online car-hailing business services in various places have different regulations on the access of drivers and vehicles, and relatively few drivers meet this condition. Drivers change vehicles according to restrictions such as vehicle wheelbase, displacement, and vehicle price, and pay operating insurance, which also greatly increases costs, and even some drivers change careers as a result.

　　Another thing to note is that since last September, we have continued to upgrade our security, and we have intensively launched security measures such as late-night service driver standards, APP facial recognition, and in-car video recording equipment, which have also affected the supply to a certain extent.

　　Price adjustments help to ease the imbalance between supply and demand

　　When a city’s response rate continues to decline at certain times or throughout the day for a certain period of time, and the supply and demand are obviously out of balance, passengers will feel that it is difficult to get a taxi, and 3 out of every 10 taxis may not be called, as happened in Shenyang recently. When prices are appropriately raised, price-sensitive demand will be reduced, and at the same time, more drivers will be attracted and encouraged to get out of the car and go to hot spots to take orders. Supply and demand can be balanced. At present, most cities are in a state of more passengers and less drivers.

　　On the contrary, if a city has a long-term oversupply during certain periods or throughout the day, and drivers receive fewer orders for a long time, they will not be able to obtain a reasonable income. At this time, the price of online car-hailing is appropriately reduced, which not only allows passengers to get a ride at a cheaper price, but also guarantees the driver’s income. For example, in the first half of this year, the express train in Jiyuan, Henan Province, and the special car in Hefei, Anhui Province, and the special car in Urumqi, Xinjiang Province, have been oversupplied for a long time in some periods, so the starting price, mileage fee and duration fee for the corresponding period have been reduced.

　　The relationship between supply and demand fundamentally determines the fluctuation of prices. Prices need to be raised only when the demand for travel is growing rapidly, and the city continues to be in short supply and capacity shortage. But when supply and demand are in balance, random price increases will definitely reduce the demand for passengers to take a taxi, directly affecting the income of drivers and platforms, which also determines that Didi will not raise prices at will. Due to the continuous development of the economic level and urbanization process, the demand for travel and the labor and living costs of drivers in most cities continue to grow, so everyone will feel that prices have risen more and fallen less.

　　The supply and demand situation is complex and changeable, and we are still working hard to continuously explore the characteristics of spatiotemporal changes related to supply and demand and analyze the influencing factors, summarize the laws of supply and demand changes in the travel sector, and respect the market in order to better serve users.

[Click to watch the exclusive video]

Andy Lau is not a "godfather" in Beijing’s "Ring" and is not afraid of "debt"

　　　　　　　 Movie Network News(Photo/Qian Jia’s memoir/Xie Yawei) "I don’t like the title of’godfather ‘, and I feel that one day I will go to jail." On May 11, "The Ring" held a media meeting in Beijing. As an investor, Andy Lau appeared with Guo Zijian and Zheng Sijie, two new directors, and Lin Jiadong, the producer. Because of his dedication to the excavation and promotion of new directors in recent years, Andy Lau has been praised by the media as the "godfather" of the new director, but Andy is very resistant to this title, bluntly saying that he feels like a gangster. When talking about the new work he invested in, Andy Lau admitted that it is like his own child. As a parent, he must lead it out to meet people, otherwise it is likely that no one will pay attention. The film will be released simultaneously in mainland China and Hong Kong on June 4.

Andy Lau is unwilling to be a new director "The Godfather" to invest in new films "Not bad money"

　　　　　　　 "Crazy Stone" attracted much attention at the beginning of its release because Andy Lau was an investor, and then its own quality made the film "out of control" with Ning Hao and Huang Bohong. Andy Lau has paid great attention to and promoted new directors in recent years. As long as he likes the script, he will invest boldly, so that many newcomers can get a platform to show their talents. Therefore, he has been praised by the media as the "godfather" of new directors. Hearing this title, Andy Lau seemed a little disgusted, "I don’t like the title of’godfather ‘, I feel like I will go to jail one day, too much like a gangster." He said that he can only be regarded as a stalwart, but his strength is limited, and he is very happy that many big companies are now paying attention to new directors.

　　　　　　　 In the past, Andy Lau and Lin Jiadong acted in many movies as partners. In "The Ring", the relationship between the two people changed, one was the boss and the other was the producer, so "asking for money" became something Lin Jiadong had to do, "He is a good boss, I will ask him for money, and he was very happy when he signed the check." Andy Lau, the boss, did it very easily. He showed up once when the film was on, and never went to the set after that. "The total investment of the film 8 million, and their budget is very well controlled. After watching the first edited film, I gave them a little money to make them do better." It seems that Andy Lau, the boss, is indeed "not bad money".
　

　　On the evening of November 13, Alibaba submitted a listing prospectus to the Hong Kong Stock Exchange. The prospectus shows that the funds raised by Alibaba’s IPO will be mainly used to drive user growth and increase participation, help enterprises achieve digital transformation, improve operational efficiency, and continue to innovate. It mentions specific businesses such as Ele.me, Flying Pig, Youku, and cloud computing technology.

　　Industry experts point out that Alibaba’s return to the Hong Kong stock market not only allows it to develop its business through new fundraising, but also helps to enhance its influence in the Greater China region and promote the development of its business.

　　Alibaba data map, photo by Zhongxin Jingwei

　　Proceeds raised will be used in three ways, mentioning companies such as Ele.me and Youku

　　Regarding the use of the proceeds raised, Alibaba said that the company plans to use the funds from the global sale to promote the execution of the strategy in three areas: driving user growth and increasing engagement, helping enterprises achieve digital transformation, improving operational efficiency, and continuous innovation.

　　Among them, Alibaba specifically mentioned that the company will continue to expand and enhance life services through Ele.me and Flying Pig, and will continue to build digital media and entertainment services through Youku and other content platforms. In addition, cloud computing technology is also a key word that Alibaba has mentioned many times in its fundraising purposes.

　　However, the specific issuance plan has not been disclosed in the prospectus this time. According to previous media reports, Alibaba Group plans to issue 500 million new ordinary shares through the global sale and list them on the main board of the Hong Kong Stock Exchange. The issuance includes 500 million ordinary shares and an overallotment share that can issue up to 75 million additional ordinary shares. It is expected to be priced as early as November 20, Hong Kong time. The company’s fundraising amount may be between 100-15 billion US dollars, and the price range is calculated at a 4% discount to the US stock price, around 180 US dollars per share.

　　Ma Yun holds 6.1% of the shares, and the company implements a different rights structure for the same shares

　　In addition, the prospectus also disclosed Alibaba’s shareholding structure, with SoftBank holding 25.8%, Ma Yun holding 6.1%, Cai Chongxin holding 2.0%, other directors and senior management holding 0.9%, and other public shareholders holding 65.2%.

　　In addition, Alibaba also talked about the company’s partnership system in the prospectus. According to the prospectus, in July 2010, Alibaba officially established the Alibaba Partnership, which currently has 38 members.

　　According to the disclosure, the members of the organization only have a single class of shares, and each share corresponds to one voting right, but according to the Articles of Association, Alibaba Partners has the exclusive right to nominate (or in limited cases, great men) a simple majority of the board members. These rights are classified under different voting rights structures under the Hong Kong Listing Rules, so Alibaba is considered a company with different share rights structures.

　　In the second quarter, more than 60% of Alibaba’s revenue came from Tmall and Taobao.

　　On the evening of November 13, the prospectus disclosed by Alibaba in Hong Kong stocks shows that in the fiscal year 2019 (April 1, 2018 – March 31, 2019), the company achieved a total revenue of 376.844 billion yuan and a net profit of 80.234 billion yuan. In addition, from April 1, 2019 to June 30, 2019, Alibaba achieved a total operating income of 114.924 billion yuan and a net profit of 19.122 billion yuan.

　　In addition to disclosing financial data, Alibaba also showed its commercial version in the prospectus. At present, Alibaba’s main business includes core business, cloud computing, digital media and entertainment, and innovation business. Among them, core business is Alibaba’s main source of income. A total of 323.40 billion yuan in fiscal year 2019, accounting for 85.82% of total revenue.

　　In the core business, China’s retail business, dominated by Taobao and Tmall, generates the highest revenue. According to the financial report, during the three months from April 1, 2019 to June 30, 2019, approximately 66% of Alibaba’s revenue came from China’s retail business.

　　According to the prospectus, the core business can be divided into six specific business directions, namely China retail business (mainly Taobao and Tmall), cross-border and global retail business (Tmall overseas, Koala, AliExpress and South East Asia, Turkey, Pakistan and other countries and regions of the e-commerce platform), China wholesale business (1688.com and retail), cross-border and global wholesale business (alibaba.com), logistics service business (Cainiao network), life service business (Ele.me, word of mouth, flying pig).

　　In addition to its core business, Alibaba’s business also includes cloud computing (Alibaba Cloud), digital media and entertainment (Youku, UC Browser, Alibaba Pictures), and innovation (Autonavi, DingTalk, Tmall Genie).

　　Ali’s commercial version, the picture is taken from Alibaba’s prospectus

　　It is worth noting that in the prospectus, Alibaba also stated that the company has held a total of 33% shares in Ant Financial since September 2019. In addition, since June 30, 2019, Alibaba has made or plans to make equity investments in a total of 24 companies, with a total amount of 38.529 billion yuan.

　　Expert: Alibaba’s return to Hong Kong for listing will enhance the company’s influence

　　Yang Delong, managing director and chief economist of Qianhai Open Source Fund, pointed out to China New York Matrix that Alibaba’s return to the Hong Kong stock market has three major benefits, one is to make up for the regret of not being able to list on the Hong Kong Stock Exchange in the past, and the other is to achieve new financing. Finally, because Alibaba’s main revenue and profits come from China, listing on the Hong Kong Stock Exchange is conducive to further expanding Ali’s influence in Greater China and promoting its business growth.

　　In addition, for the possible impact of Alibaba’s listing on the market, Yang Delong believes that according to the current news, Alibaba’s listing on the Hong Kong Stock Exchange will raise 100-15 billion US dollars, which will become the largest fundraising in the history of the Hong Kong Stock Exchange. Therefore, in the short term, it may indeed bring pressure on the Hong Kong stock market to divert funds.

　　"But we can’t just see the role of capital diversion brought by Alibaba’s Hong Kong stock listing. As a representative of the new economy, Alibaba provides new investment targets for Hong Kong stock investors, which helps to attract some investors to invest, thus stimulating the active level of the Hong Kong stock market. In addition, with Alibaba’s return to Hong Kong stocks, it will sooner or later be included in the targets of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, which also provides a new opportunity for mainland investors, and may also bring new incremental funds to the Hong Kong stock market." Yang Delong said. (China-Singapore Jingwei APP)

　　(The views in this article are for reference only and do not constitute investment advice. Investment is risky, and caution is required when entering the market.)

1905 movie network news A few days ago, the movie released the ultimate trailer, starring Hu Ge, Gui Lunmei, Liao Fan, Wan Qian and Qidao all appeared, a life-threatening chase came, the fast-paced narrative was dizzying, and the plot conflict was imminent.

Following the film’s debut at the 14th Wuhan Chinese Youth Film Week, director Diao Yinan and starring actors Hu Ge and Gui Lunmei continued to travel to Suzhou for a roadshow to meet local fans. The film will be released nationwide on December 6.

Hu Ge Guilun Magnesium sets up a fate gamble, and multiple forces stage a cat-and-mouse game

Directed by Diao Yinan, starring Hu Ge and Gui Lunmei, and starring Liao Fan and Wan Qian, the movie "The Wild Goose Lake" starring Qi Dao has released its ultimate trailer. The fast-paced narrative brings a lot of information, and the editing style is equally refreshing.

In the news broadcast, a desperate pursuit came with a dangerous atmosphere, and in this life-and-death game of 300,000, multiple forces were involved one after another, attracting and restricting each other: the wanted car theft gang leader Zhou Zenong did not leave, but decided to use his life to fulfill his responsibility and affection for the family;

Liu Aiai, the unknown escort, plans with him regardless of the risk; the upright captain of the serious case, but is torn by human nature at the end of the story; and Zhou Zenong’s wife Yang Shujun, whom he has not seen for many years, is forced into a dilemma; can his former friends stand the test of interests? With fate as a bargaining chip, which side will the balance of love tilt? Just wait for the film to be released to clear the fog.

The movie "The Wild Goose Lake" is the latest masterpiece of director Diao Yinan’s comprehensive upgrade. It not only sets a highly realistic local context for the story core and emotional resonance, but also has a more extreme experience in light and shadow aesthetics and crime types. The high-end lineup of crime films with "two emperors and one queen" provides the strongest guarantee for the final presentation of the film.

During the just-concluded 28th China Golden Rooster Hundred Flowers Film Festival, the film "The Wild Goose Lake" was screened in Beijing and Xiamen, which won praise from domestic star friends and audiences. The final preview of this exposure shows the first perspective of the fugitive Zhou Zenong with a visual lens, and also indicates the director Diao Yinan’s determination to break through the narrative angle of his previous work and seek a more thorough personal expression.

Suzhou Roadshow Relay Opens, Hu Ge Guilun Magnesium Tacit Mutual Evaluation

Since the special screening of the North and South Twin Cities officially launched the roadshow mode, the creators of "The Wild Goose Lake" have been parachuted to various places to meet and communicate with the audience enthusiastically. They also appeared in Wuhan on November 25 as the opening film of the 14th Chinese Youth Film Week. The creators returned to the filming location and interacted with the audience in familiar dialects.

On November 26th, the leading actors Hu Ge and Gui Lunmei went to Suzhou non-stop to promote the film and attracted a large number of fans to support it. Coming to such a city with a similar Chinese temperament, facing the enthusiastic local audience, the two creators expressed their cordiality one after another, and even challenged themselves to introduce themselves in Suzhou dialect, which caused a lot of applause from the scene.

Hu Ge and Gui Lunmei, who are partners in the film this time, still show a full tacit understanding, not only evaluating each other like a deer at the same time, but also restoring the habitual action of high-fiving and encouraging during shooting, which is very harmonious and loving. When talking about the experience of working with the director, Hu Ge expressed gratitude: "The director gave me a lot of patience and guidance, but he would not shout easily during shooting, because he wanted to dig deeper into the performance. Zhou Zenong is sometimes very close to the director, elegant on the surface, but with inner strength."

Gui Lunmei also shared her delicate observation of Diao Yinan’s director, saying: "The film has the same romantic temperament as the director, not only has a strong personal expression, but also has a warm and kind part."

The movie "The Wild Goose Lake" will be released on December 6.

　　The school season of major colleges and universities across the country is approaching, and Ele.me has released the "2019 College Student Takeaway Rider Group Insights" report (hereinafter referred to as the "Report"). It is understood that a total of 9,896 college students from all over the country joined Ele.me Hummingbird in the summer of 2019 to become part-time riders. Nearly 5 of them became sophomores and juniors, and more than 300 will start their graduate careers after the school starts.

　　The report shows that compared with "earning living expenses", "experiencing life" has become the main motivation for college students to choose to be takeaway riders. Nearly 40% of post-95s and 00s feel that their personality has changed after the experience, and they have learned to "communicate modestly" and "treat people gently". At the same time, nearly 20% of college students choose to go to a strange city and travel while delivering takeout.

　　The Ele.me report shows that 38% of college student riders said that choosing to work part-time as a takeaway rider in the summer is to experience life, and it is also a social practice. Many young people also expressed the hope to change their personality, contact more people, and discover unknown corners of the city by doing takeaway riders. Second, it is to subsidize living expenses, save money to buy things they like, or gain financial independence earlier.

　　According to the Ele.me report, 83% of college student riders said they were satisfied with "the income brought to me by being a rider." Among them, the monthly living expenses of more than 80% of part-time college students have increased to more than 2,000 yuan, the average monthly income has increased by 2 times, and many college student riders have a monthly income of nearly 10,000 yuan.

　　Outside of income, the biggest change most college students feel is their personality. Lin, a junior at Nanjing Agricultural University, recalls that the biggest change this experience brought to him was: "Know how to talk to others, know how to be gentle with others." These adults, who are rebellious in the eyes of 95s and 00s, learned how to communicate modestly and treat others gently by being a rider.

　　The short-term experience as a rider has changed the college students’ perspective on the takeaway industry. They have truly felt the value and change that the emerging industry has brought to merchants, users, and individual riders. Three quarters of them are very optimistic about the future of the takeaway industry.

　　The Ele.me report shows that more than half of college riders are still looking forward to choosing a career according to their major, but 10% plan to still work as a rider or food delivery service in the future. At the same time, they are also very much looking forward to inner improvement and growth through practical experience and their own strengths.

You can always trust Jiangsu Satellite TV’s New Year’s Eve stage!

On December 31, 2022, at 19:30, the 2023 New Year’s Eve Concert of Jiangsu Satellite TV, which integrates true singing, strength, technology and temperature, began to sing in a shocking manner at the Cotai Arena in Macau, achieving the record of leading the fault and four firsts.

This concert is guided by the spirit of the 20th National Congress of the Communist Party of China, with the theme of "Lighting up Happiness with Struggle", and takes the "we" in the struggle as the core theme, paying tribute to every struggling you, me, and him. The quality and creativity of the "Asia Top Show" will be continued, revisiting one classic old song after another, savoring one beautiful new song after another, drawing inspiration and strength from the memories of the past, and taking courage to embark on a new journey at a new starting point.

Struggle is the courage to move forward

"Struggle Narrator" takes the stage as the "finishing touch"

"Tonight, we use the New Year’s Eve concert to send our sincerest wishes to the audience and friends. May this winter be accompanied by warmth, and all the good things will come as scheduled in the spring of the coming year." At the beginning of the party, this warm and powerful greeting hit the soft hearts of the audience, highlighting the base color of the whole party that soothes and inspires people.

Jiangsu Satellite TV’s 2023 New Year’s Eve Concert takes the "us" in the struggle as the core main line, carefully choreographed and carefully depicted eight sections, and representatives from all walks of life formed the "struggle narrator" to open each section.

Yu Ruofei, a representative of the 20th National Congress of the Communist Party of China and the captain of the Gansu Blue Sky Rescue Team, told "Self-improving Us", "Moving China’s 2021 Person of the Year" Chen Beier told "We Walk Together", Huang Jialun, chairman of the Macao Patriotic Youth Education Association, shared "We Who Love Life", Tao Jianzhong, an aerospace expert, shared "We Who Dream of the Future", host Yang Lan showed "We Who Promote the National Style", and women’s volleyball world champion Zhang Changning showed "We Who Are Full of Youth". Their stories of struggle deeply moved every audience, and they bravely rushed to 2023 with a more passionate yearning for a better life!

As the "finishing touch" of each chapter, their struggle story also brings a more appropriate expression to the subsequent music.

For example, after Yu Ruofei shared his rescue story, Xue Zhiqian’s partner Guo Guanting sang the heart of the striver with a song "The Lone Brave", "Fight? Fight! With the humblest dream." Whether it is headwinds or desperate situations, you should strive to fight for yourself and your dreams.

Similarly, after Chen Bei’er shared her "infinite road", Alan Tam, Zhong Chuxi, Shan Yichun, and Zhang Chunye sang the firm determination of Hong Kong compatriots to stand with the motherland through thick and thin, and at the same time, it was in line with the hot event of the 25th anniversary of Hong Kong’s return to the motherland, which immediately raised the whole party’s intention.

Struggle is the charm of rooted professionalism

Bringing together the top singers in the Chinese music industry, presenting "Good job"

In this dizzying music extravaganza, the singers all offered "good jobs", bringing a sense of surprise that was "unexpected and reasonable".

As soon as the party opened, INTO1 sang the magnificent rivers and mountains of the motherland with a song "Mountains and Rivers Map", opened the prelude "We who are rushing to the mountains and rivers", and painted the magnificent mountains and rivers with music. The final "We who are moving forward bravely" was performed by Liao Changyong and Sheng Mei’s affectionate song "Pilot", praising the new era and new journey, and drew a perfect end to the party. Echoing each other one by one, INTO1 sang together the strong voice of "Contemporary China, the country is magnificent, the people are heroic, and the future is great".

Sun Nan used the two classic old songs of "See You or Don’t Scatter" and "As Long as You’re Better Than Me" to sing the warm emotions of people watching each other and supporting each other; Xue Zhiqian brought songs such as "Countless" and "What Do You Want Me to Do", and "Xue’s Love Song" gave people a delicate and warm inner touch; Zhang Jie sang many songs such as "Ten Years of Countermeasure", "Whose Tears Are Flying + The Most Familiar Stranger", "White Dove Swan", "Dragon Roar", singing the courage of dream chasers to move forward and be firm and fearless; Zhou Shen joined hands with "Plum Blossom Award" winner Wang Danhong and more than 20 Peking Opera actors, and a "Light" showcased the beauty of the quintessence of the country; Tan Weiwei made a high-pitched note, from "If There Is Afterlife" to "Shanhai" to the classic folk songs of Yuefu "The Song of the Emperor" sings the heroic spirit of bravery and fearlessness.

There are more Wang Junkai through Weiya, from the flash bridge to the main stage, blood singing "Thousand Miles Return" "We Will Rock You", bringing a "heaven to earth" music journey, #Wang Junkai single-handed hanging Weiya #topic also instantly reached the top and continued to top the chart, ranking first in the main search list of Weibo, becoming the first "explosive" topic of all New Year’s Eve parties; modern brother Liu Yuning wearing ancient costumes singing "Looking for One You", Zhang Yifan in a brilliant white dress danced, like a touch of shock in a beautiful love picture scroll. Li Yuchun continued the zero-point finale, singing "internal organs" in a hollow heart-shaped device, singing his hope and love for life in a gentle voice.

"It sounds so good" "It’s too burning"… Litchi New Year’s Eve has captured the hearts of countless audiences. On the last night of 2022, she offered deep and innocent feelings, presenting the "two-way rush" of traditional opera and pop music, singing a common heart and full of hope.

Struggle is the courage to dare to try

Virtual technology empowers "New Year’s Eve assists"

In order to present a "fantastic, interesting, magical and beautiful" New Year’s Eve party, this year Jiangsu Satellite TV also used virtual technology to provide blessings for artistic effects, explore the meta-universe gameplay, and realize the MAX of technological power.

For example, when G.E.M. Deng Ziqi was performing "Gloria", a sea of Wang Yang suddenly appeared on both sides of the stage. G.E.M. Deng Ziqi stood in the middle of a blue water and sang softly, the picture was beautiful.

Zhang Liangying gently sang "At Any Time", a huge phantom appeared on the stage, and the VR painting broke through the dimensional wall.

When Tan Weiwei sang "If there is an afterlife", the audience’s favorite "Big Blue Whale" also made a dreamy appearance. I saw it break out of the screen, presenting mysterious and peculiar visual effects.

This concert has created digital people for many singers, presenting a perfect blend of real people, digital people, virtual scenes, and real stages on the screen.

When Zhou Shen sang "TRY", there were many Zhou Shen on the stage, or bowed his head in thought, or hesitated, or courageously moved forward, presenting excellent visual effects. The most representative is Wang Yuan. When he sang "New Boy + I Can Light the Torch by Myself", he and his digital people formed a "five-person band", some playing the piano, some beating the drum, and some singing, achieving the wonderful feeling of "one person is a band". #Five Wangyuan #also topped the hot search list, becoming another main list for Litchi New Year’s Eve.

It is not difficult to see from the hot search topics such as #Liu Yuning New Year’s Eve Magpie Bridge Stage #, #Xue Zhiqian New Year’s Eve Air Walking The Most Beautiful Overpass #, #Xue Zhiqian Zhang Liangying High-altitude Glass Bridge Stage is very acceptable #, etc. As the core visual element, "bridge" makes the stage shine. This year, Jiangsu Satellite TV broke the tradition of single-layer stage for New Year’s Eve, innovatively designed a three-dimensional structure of double-layer stage, and used a giant arch bridge to span the first-floor stage to form a three-dimensional spatial effect, leading the "Asian Top Show" to advance again.

From the results, the stage creativity also gave the audience a new visual experience. More than 20 groups of artists brought more than 50 performances that night, each show was tailor-made and carefully crafted, with the blessing of creative dance art and virtual technology, presenting excellent visual effects.

Everything in the past is a prelude. 2023 has arrived. The new year will continue to "light up happiness with struggle" and create miracles with struggle.

　　On November 17th, 2023 Guangzhou Auto Show was grandly opened. Audi joined hands with two major partners, China FAW and SAIC, to bring 21 heavy-duty models, showing its firm commitment to the China market and consumers in China. Among them, the Audi Q6 e-tron prototype, the next generation of high-end intelligent networked electric vehicle products, was unveiled at this auto show, highlighting Audi’s accelerated electrification transformation and moving towards the high-end travel leader of intelligent interconnection.

　　"We are very happy to participate in the Guangzhou Auto Show with two major partners again, which is an important stage to show Audi’s successful development in China and reshape its vision of high-end travel in the future." Dr. Jürgen Unser, President of Audi China, said, "We revealed the interior of the Audi Q6 e-tron prototype to the audience in China for the first time at the Guangzhou Auto Show, which fully demonstrated the important position of the China market in the process of Audi electrification."

　　The next key milestone of Audi’s electrification transformation in China is the first production model Audi Q6 e-tron based on PPE luxury pure electric platform and brand-new electronic architecture, which will be the leader of Audi’s new generation of high-end intelligent networked electric vehicle products. The new model adopts an innovative design paradigm from the inside out, and the interior space is designed around the needs of users, integrating digital technology, perceptual aesthetics and sustainable concept. In the future, the localized mass-produced Audi Q6 e-tron will also be equipped with innovative configurations developed for the China market.

　　Audi FAW New Energy Automobile Co., Ltd., which is responsible for producing models based on PPE platform, is not only Audi’s first pure electric vehicle production base in China, but also one of Audi’s most advanced production bases in the world. It will set an industry benchmark in digitalization and sustainability, and play an important role in promoting Audi’s electrification strategic layout in China and even the world. At present, the project is progressing steadily in Changchun. It is estimated that the base construction and equipment installation will be completed by the end of 2023, and it will be officially put into production by the end of 2024. Audi’s investment in this project is about 2.6 billion euros.

　　In addition, Audi has accumulated a long brand history, constantly deducing and innovating with classics, and inheriting Audi’s innovative DNA. At this Guangzhou Auto Show, Audi and SAIC unveiled the special edition of Audi Q6 RS for the first time, and together with Giovane Elber, a former Bayern star, showed the special painted edition of Audi Q5 e-tron "Bayern Munich", which once again strengthened the sports genes of Sihuan brand. Driven by the enterprising spirit, Audi will continue to work closely with SAIC to build more high-end intelligent networking products in China and China to meet the needs of more customer groups and market segments.

　　The appearance of the special painted version of Audi Q5 e-tron "Bayern Munich" at the auto show also confirmed Audi’s close attention and strong support for regional, national and international sports events in the past decades. In 2002, Audi announced a strategic cooperation with Bayern Munich Football Club, and now the two sides are promoting the continuous upgrading of cooperation in the fields of innovation and electrification. In 2022, in order to celebrate the 20th anniversary of the cooperation between the two parties, Audi delivered the Audi e-tron Sportback 55 quattro, a pure electric vehicle, to Bayern as its official vehicle in China, marking another important milestone in the strategic cooperation between the two parties.

　　With the continuous deepening of the dual partner strategy, Audi is further strengthening its leading position in the luxury car market in China. Katy Tsang, executive vice president of sales and marketing of Audi in China, said: "By continuously expanding cooperation with two local partners, Audi is committed to providing China users with a full range of high-end customer journeys, covering three dimensions: high-end products, high-end ecosystems and high-end customer experience."

　　In terms of products, Audi is working with China FAW and SAIC to create a new generation of high-end intelligent networked vehicles for China consumers, so as to fully meet diversified local needs. The new model will be equipped with innovative functions such as digital interaction exclusive to China market. At the same time, Audi is integrating its pure electric vehicles into the digital ecosystem, which has 5.6 million users as of September this year. Audi brand’s exclusive high-power charging station is the key component of this high-end ecosystem. Through the Audi multimedia interactive system MMI and Audi App, all Audi pure electric vehicle owners can enjoy the super-fast and seamless continuous energy experience at the Audi charging station and appreciate the charm of electric travel. As of October this year, Audi charging station has covered 26 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen, and plans to deploy about 600 ultra-fast charging piles during the year.

　　Throughout the high-end customer journey, Audi is also working with two partners to create innovative customer contacts and sales models, which will jointly bring a refreshing brand experience to China consumers. In terms of FAW Audi, by September this year, 472 4S dealer stores had been upgraded by applying the latest design language of Audi global brands, and eight new Audi CBD exhibition halls had been opened. SAIC-Audi has opened a total of 150 Audi city stores and Audi City in 78 cities across the country, attracting younger users.

　　Adhering to the firm commitment to the China market and clear vision of future development, Audi is actively promoting the electrification process and reshaping the high-end travel future of "in China, for China". To this end, Audi will continue to create a win-win situation with local partners, constantly bring surprises to customers in China, and empower the high-quality development of China’s automobile industry. (Photo: provided by Audi)

At first, we should know about the 6X6 model through Mercedes-Benz G-Class 6X6 model, Land Rover Defender, Ford’s modified model, and pickup trucks such as outdoor extreme crossing and polar scientific research. However, this part of the domestic market is still blank, and it is difficult for you to see 6X6 models on the road; First, it is difficult to import into China because the size and emissions are not in compliance; In addition, the premium is too high and the C certificate cannot be opened.

This time, Great Wall Motor revealed the information of the first 6X6 super off-road platform in China for the first time, and prepared to bring real mass production to domestic consumers, with a blue brand and a more extreme off-road version of 6X6 new species, in order to give back to the expectations of more pickup truck lovers and off-road enthusiasts. At the same time, it also brought China’s first large-scale high-performance hybrid pickups based on the off-road super hybrid architecture-Shanhaipao PHEV and HEV, which focused on the two cores of "green" and "performance" and provided more "problem-solving ideas" for new energy pickups.

The Great Wall leads the era of intelligent new energy in pickup truck 4.0.

Since the beginning of this year, the auto market has picked up, pickup trucks have been lifted and consumers’ cognition of pickup trucks has changed. The demand for pickup trucks has been constantly stimulated, and the pickup truck market has shown an upward trend with promising prospects.

According to the official introduction, up to now, the cumulative global sales volume of Great Wall pickup trucks has exceeded 2 million, ranking first for 25 consecutive years. Great Wall Gun is the best-selling pickup truck brand in China, the first high-end pickup truck brand to exceed 400,000 units, and it has been listed in more than 50 countries on four continents. In the first quarter of this year, the domestic terminal market share of Great Wall pickup trucks exceeded 50%. For every two pickup trucks sold in China, one is Great Wall.

The development of pickup trucks in China has gone through several stages. First, the era of 1.0 tool trucks, pickup trucks are mainly freight tools; Followed by the 2.0 multi-purpose commercial era, pickup trucks are mainly commercial, taking into account household use; Once again, it is the 3.0 multi-purpose ride era, and pickup trucks are mainly multi-purpose and ride-oriented. Nowadays, under the background of energy transformation, international pickup trucks marching into new energy sources and full-scene experiential consumption transformation in which users actively participate in wealthy families, pickup trucks have officially entered the era of "4.0 full-scene intelligent new energy".

How did the Great Wall Gun 6X6 super cross-country new species come true?

China’s first 6X6 super off-road platform, which will be released soon, will be first applied by Great Wall Gun, filling the blank of 6X6 pickup truck category in China. It is understood that the Great Wall Gun 6X6 super off-road platform has three black technologies of "all terrain, super power and unlimited expansion".

Yu Jinsheng, CTO of the Great Wall Gun brand, said that the 6×6 super off-road platform of the Great Wall Gun is different from most foreign full-scale 6×6 technologies. Because most overseas models are 6×6 modification schemes made by well-known modification manufacturers, the 6×6 super off-road platform of Great Wall Gun is the original technology.

The 6X6 super off-road platform will realize the layout of "3-axis and 6-drive", and its biggest attraction is undoubtedly the technical aspect. Specifically:3-axisThat is to say, the overall wheelbase of the Great Wall Gun 6X6 model is 4288mm, creating a magnificent and powerful body with a length of nearly 6 meters and a width of 2.1 meters; Under the working conditions of cross-country axle and shell pit, the traction ability and roll control of 6×6 are greatly improved, the body swing amplitude is smaller and the stability is higher than that of four-wheel drive models; The three axes are mutually restrained, and snow, sand, mud and other road conditions are prone to sideslip, and the sideslip forces are mutually offset or reduced, so that the anti-sideslip ability and passing safety of the whole vehicle are greatly improved.

6 drive:The 6-wheel grounding area is increased by 50%, the powerful power is fully exerted, the traction coefficient of the whole vehicle is increased by 15-30%, and the vertical obstacle-crossing ability is greatly improved; Under the same conditions, the tire depression depth is reduced by 29%; The release of power enables the acceleration performance of the whole vehicle to be exerted, and the acceleration time of the whole vehicle is only 7.5 s; Sufficient power, larger ground contact area, smaller tire load and better stability control enable the 6×6 to cope with all-terrain road conditions calmly.

5 locks:The Great Wall Gun 6X6 model is equipped with Borg Warner TOD+Mlock intelligent transfer case, which can bear 1900N·m super torque. Standard rear axle differential lock, middle axle differential lock, middle and rear axle differential lock, transfer center differential lock and front axle differential lock, a total of 5 electronically controlled differential locks; 4 hauthoh mode can be switched freely through the mode knob. Four differential lock buttons and 6L buttons on the front and rear axles are independently arranged in the key area of the auxiliary instrument panel, so as to realize the most convenient operation for drivers. The random combination of multiple locks and the setting of expert mode provide great off-road fun for drivers and passengers, and the ability to get rid of difficulties is fully extended. He is a smart tough guy with off-road real kung fu and is not afraid of rough and bad road conditions.

In addition, the vehicle adopts a non-load-bearing frame with high torsional rigidity, which is matched with the front double wishbone independent suspension+middle/rear five-bar independent suspension and 33-inch oversized off-road tires to create a full-scene, all-terrain super off-road capability.

At the same time, the 6X6 super off-road platform can also be equipped with the Great Wall 3.0T super hybrid, electric, hydrogen and other super power. At the beginning of the design, the Great Wall Gun 6X6 super off-road platform can also perfectly match the pickup truck and SUV body, simultaneously develop the second-class chassis, expand multi-functional special-purpose vehicles and recreational vehicles, and realize the super-expansion of the whole ecology and create a new category of diversified vehicles. In addition, the first co-created model of Great Wall Gun 6×6 will control the body length within 6 meters, mainly considering the influence of N1 and N2 models, and meeting the needs of users for blue and green brands.

Powered by electricity, the hybrid version of Shanhai gun provides the optimal solution of new energy pickup truck.

Yu Jinsheng, CTO of Great Wall Gun brand, also revealed that the first step of new energy pickup will not be pure electric, but hybrid as the solution of new energy pickup at this stage. The Great Wall Gun will also adopt the strategy of energizing fuel with electricity, and build the first large-scale high-performance hybrid pickup truck in China based on the off-road super hybrid architecture, namely, the Shanhai Gun Long Life PHEV and the HEV model, so as to meet the demand of pickup truck users for "clean energy and high performance".

Thanks to the blessing of the off-road super hybrid architecture, the battery life PHEV of Shanhai artillery has three advantages: "parallel mode of engine and motor, highly intelligent energy management and safer all-terrain adaptability", which makes the PHEV of Shanhai artillery fast, clean and intelligent, and is suitable for some users with longer distance and lower frequency. The Shanhai cannon HEV will also be equipped with a 2.0T engine and a 9HAT transmission, with a comprehensive power of 255kW and a comprehensive torque of 648N·m, giving users a double experience of "better fuel consumption than diesel and comparable to 3.0T gasoline power". In urban and off-road scenes, it has unimaginable energy-saving performance and driving pleasure, stronger motivation to get out of trouble and longer cruising range.

In the era of "Pickup 4.0 Full Scene Intelligent New Energy", the Great Wall will once again fully lead the development of the industry. Relying on the "forest ecology" technology of the Great Wall, it has completed the flat, networked and decentralized whole industrial chain layout of new energy and intelligence, and made full efforts in the fields of hybrid, pure electric, hydrogen energy and other new energy power batteries. At the same time, in the fields of intelligent chassis, intelligent driving and intelligent cockpit, Great Wall has also accumulated profound intelligence and is committed to creating greener, smarter and safer products for users around the world. It is reported that in addition to the 6X6 co-creation model, PHEV and HEV, a number of high-value pickup products of Great Wall Gun will also be collectively unveiled at the Great Wall Gun booth in Hall 7.1 of the 2023 Shanghai Auto Show to be held on April 18th.

How much is the Huawei P7?

　　The current pre-sale price of Huawei P7 is 2888 yuan.

　　Huawei P7 is available in three colors: black, white and pink. The global version is priced at 449 euros. The first batch will be sold in more than 30 countries and regions including the Chinese mainland and Hong Kong, the United Kingdom, Germany, Italy, France and Spain in May. So how much is the Huawei P7? The price of Huawei P7 is 2,888 yuan.

　　In the Chinese market, Huawei P7 will launch mobile, China Unicom and telecom versions, and plans to start pre-sale simultaneously at 10:00 am on May 8, 2014 in Huawei Mall, JD.com, Tmall Huawei Flagship Store, Suning.com, Gome Online, No. 1 Store, and Amazon. The current pre-sale price is 2888 yuan.

　　In terms of configuration, Huawei P7 uses its own HiSilicon Kirin 910T 1.8GHz quad-core processor, 1.8GHz main frequency, 2GB RAM + 16GB ROM, and supports a maximum of 64GB memory expansion. 5.0-inch 1080P resolution IPS screen, using in-cell technology, the front and back bodies cover the third-generation Corning Gorilla Glass.

Huawei P7 price

　　The price of the Huawei P7 is 2888 yuan.

　　As Huawei’s key model this year, P7’s performance is remarkable: the continuation of the P6’s lightness and appearance style, the system is more smooth and user-friendly, and the performance has also been improved. 13 million + 8 million pixel camera is suitable for selfies and is also suitable for shooting others. In general, Huawei P7 has made no small improvement compared to the previous generation, and the performance in all aspects is also very balanced.

　　Huawei P7 has 13 million pixel rear + 8 million pixel front-facing camera, the main camera adopts F2.0 aperture, Sony 4th generation stack sensor. Based on Android 4.4.2 customized Emotion 2.3 operating system and 2500mAh capacity battery. Support 5-mode 10-band, support TD-LTE, TD-SCDMA, GSM, FDD-LTE, WCDMA (the latter two only support international roaming).

　　Summary of the question of how much the Huawei P7 costs. The current pre-sale price of the Huawei P7 is 2888 yuan. Overall, while inheriting the exterior design outline of the Huawei P6, the Huawei P7 boldly overturned the all-metal design and switched to double-sided gorilla glass, while adding composite textures to the back. The overall feel makes people know that it is the P series at a glance, but it also gives people a refreshing surprise.

(Original title: Weekly news: CPI turns negative again; China’s gold reserves "increased for 12 consecutive years"; IMF raises China’s economic growth forecast this year and next; China Ping An denied the acquisition of Country Garden)

A picture reviews the important news that affects the market trend.

China’s CPI in October decreased by 0.2% year-on-year, and PPI decreased by 2.6%.

Statistics from the National Bureau of Statistics show that in October, the national consumer price dropped by 0.2% year-on-year. In October, the ex-factory price of industrial producers nationwide decreased by 2.6% year-on-year, which was the same as that of the previous month. The purchase price of industrial producers decreased by 3.7% year-on-year and increased by 0.2% quarter-on-quarter. From January to October, the ex-factory price of industrial producers decreased by 3.1% compared with the same period of last year, and the purchase price of industrial producers decreased by 3.6%.

At the end of October, China’s gold reserves reported 71.2 million ounces, increasing its gold reserves for the twelfth consecutive month.

According to data from the central bank, China’s foreign exchange reserves at the end of October stood at $3,101.22 billion, a decrease of $13.85 billion from the previous month. At the end of October, the gold reserve reported 71.2 million ounces (about 2214.57 tons), an increase of 740,000 ounces (about 23.02 tons) from the previous month, and the gold reserve increased for the twelfth consecutive month.

General Administration of Customs: In October, the monthly growth rate of China’s import and export of 3.54 trillion yuan changed from a year-on-year decline for four consecutive months to an increase of 0.9%.

According to the data released by the General Administration of Customs, the total import and export value of China’s goods trade in October was 3.54 trillion yuan, and the monthly growth rate changed from a year-on-year decline for four consecutive months in June to an increase of 0.9%. In the first ten months of this year, the total import and export value of China’s goods trade was 34.32 trillion yuan, a slight increase of 0.03% year-on-year.

IMF raises China’s economic growth forecast this year and next.

The International Monetary Fund (IMF) announced on the 7th that China’s economy is expected to grow by 5.4% in 2023, 0.4 percentage points higher than the forecast in October this year.

Central Bank: Real estate policy will be adjusted and optimized in due course.

On the 9th, the central bank issued the Report on Regional Financial Operation in China (2023), which mentioned that the real estate policy should be adjusted and optimized in time to adapt to the new situation of major changes in the supply and demand relationship in the real estate market, so as to promote the stable and healthy development of the real estate market.

Central Bank: Steadily and prudently promote the internationalization of RMB, steadily and orderly promote the comprehensive institutional opening of financial markets.

On the 9th, the Macro-Prudence Administration of the Central Bank issued "Steadily and Steadily Promoting the Internationalization of RMB", proposing to further improve the openness and access of China’s financial market, improve the liquidity of RMB financial assets, enrich risk hedging tools and improve the convenience of foreign exchange transactions.

Pan Gongsheng, Governor of the Central Bank: When necessary, the central bank will also provide emergency liquidity support to areas with relatively heavy debt burdens.

Pan Gongsheng, governor of the central bank, said on the 8th that the financial sector has taken a number of measures with relevant departments to actively support local governments to steadily resolve debt risks. When necessary, the central bank will also provide emergency liquidity support to areas with relatively heavy debt burdens.

Four ministries and commissions held a symposium on housing financing to understand the financial situation of the real estate industry and the financing needs of enterprises. Vanke, Poly and Longhu attended the meeting.

The People’s Bank of China, the Ministry of Housing and Urban-Rural Development, the General Administration of Financial Supervision, and the China Securities Regulatory Commission jointly convened a discussion with several housing enterprises on the afternoon of the 7th to learn about the financial situation of the industry and the financing needs of enterprises. Participating enterprises include Vanke, Poly, China Resources, China Shipping, Longhu and Jindi.

Minister of Commerce: We will continue to promote the whole chain of new energy vehicles going to the countryside to promote automobile consumption.

Wang Wentao, Minister of Commerce, said that new energy vehicles will continue to be promoted to the countryside, and the whole chain will promote automobile consumption. In terms of home, we will focus on three directions: green, smart and suitable for the elderly, and accelerate the release of home consumption potential. The Ministry of Commerce will also promote the consumption of green smart home appliances, promote the high-quality development of the catering industry, and better meet people’s needs for a better life.

The Electronic Information Department of the Ministry of Industry and Information Technology will hold a symposium on photovoltaic manufacturing enterprises to guide the rational distribution of photovoltaic industry capacity

The Electronic Information Department of the Ministry of Industry and Information Technology plans to hold a symposium on photovoltaic manufacturing enterprises, focusing on the development status, existing problems and challenges of the photovoltaic industry, guiding the rational layout of the photovoltaic industry’s production capacity, and promoting the high-quality development of the photovoltaic industry. It is reported that the enterprises convened this time include the head enterprises in all links of the industrial chain.

Association: The auto market will surge by more than 20% in November.

The Federation said that there were 22 working days in November, which was consistent with the number of working days in the same period last year. In general, November is the third year’s sales volume, second only to December at the end of the year and January at the beginning of the year, while November 2022 is the eighth year’s sales volume, which leads to great potential for low base and high growth in November this year. What is particularly beneficial to the auto market is the rational decline of the high level of the property market in the past two years. The downward adjustment of the stock interest rate has eased the pressure on the original purchase consumption to squeeze the disposable income of families, and the income of residents’ investment in buying houses fluctuated greatly. As an optional consumer product, the car purchase consumption began to recover rationally, so the retail trend of the auto market in recent months has always exceeded expectations. With the gradual strengthening of the auto market, the confidence of auto companies in their efforts to achieve their annual goals has increased, and the auto market will surge by more than 20% in November.

The National Development and Reform Commission issued the "National peak carbon dioxide emissions Pilot Construction Plan"

It is proposed that by 2025, the pilot cities and parks in peak carbon dioxide emissions will make positive progress in carbon neutrality, and the policy mechanism conducive to green and low-carbon development will be basically established within the pilot scope.

Eleven departments, including the Ministry of Ecology and Environment, recently issued the Action Plan for Methane Emission Control.

It is proposed that during the "Tenth Five-Year Plan" period, the policies, technologies and standard systems for methane emission control have been gradually established, the basic capabilities of methane emission statistics and accounting, monitoring and supervision have been effectively improved, and the work of methane resource utilization and emission control has made positive progress.

Federal Reserve Chairman Powell: The Fed will not hesitate to raise interest rates if appropriate.

The Fed made hawkish remarks. Federal Reserve Chairman Powell said that if the time is right, monetary policy will be further tightened decisively. Federal Reserve Governor Bowman reiterated that further interest rate hikes may be needed.

Yi Huiman: Maintaining the stable operation of the capital market and taking the road of developing the modern capital market with China characteristics.

Yi Huiman, Chairman of China Securities Regulatory Commission said in a keynote speech at the annual meeting of the 2023 Financial Street Forum on the 8th that the tracking and judgment of quantitative high-frequency transactions should be strengthened and the regulatory measures should be improved. Accelerate the cultivation of "smart funds" in China, promote the strength of industry institutions, effectively enhance professional investment capabilities and market leadership, and take our own path.

Shanghai and Shenzhen stock exchanges: guide listed companies to rationally implement refinancing, strictly review the use of raised funds, and strictly control the financing scale.

On the 8th, Shanghai and Shenzhen Stock Exchanges officially introduced specific measures to optimize refinancing and appropriately tighten the refinancing of listed companies. There are five main aspects: strictly limit the refinancing of listed companies with broken or broken net; Strictly require the financing interval of listed companies with continuous losses; Limit the financing scale of listed companies with high financial investment; Require that the previous raised funds have been fully used; Strictly control the refinancing to raise funds to invest in the main business.

The funds released from the adjustment of control indicators will be mainly used for investment banking, market making and other business stocks. The new scale of OTC derivatives needs to be effectively controlled.

A "brokerage DMA business is controlled" quickly fermented on social platforms. It is reported that some brokers did receive a regulatory notice, requiring that starting from November 9, the daily end-of-day quantitative DMA business according to the manager dimension should not exceed the end-of-day scale of November 8. Some insiders explained that the fundamental reason for this move lies in the regulatory requirements for the stable development of capital-intensive specialization of securities firms.

Both NVIDIA and Intel plan to launch improved AI chip NVIDIA products in China market or mass production at the end of the year.

It is reported that NVIDIA has developed the latest improved series of chips for China. The latest three chips are improved from H100. NVIDIA will announce them as soon as possible after 16th of this month, and domestic manufacturers will get the products in these days at the earliest. At the same time, Intel is also planning to launch an improved version of Gaudi 2.

Shi Lanwei: The second phase of the Big Fund plans to invest 1.5 billion yuan to subscribe for the company’s fixed shares.

Shi Lanwei announced that the company’s related person, National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (referred to as "Big Fund Phase II") sent the company a quotation for issuing shares to a specific target, and it plans to invest 1.5 billion yuan to subscribe for the company to issue shares to a specific target in 2022. The final allocation will be subject to the announcement documents such as the subsequent issuance report.

Ping An, China: The report that the company was asked to acquire Country Garden and inherit its debts is inconsistent with the facts. At present, the company does not hold Country Garden shares.

China Ping An issued a clarification announcement that the report that it was asked to acquire Country Garden and inherit its debts was not true. At present, the company does not hold Country Garden shares.

Re-financing has caused controversy. HHLR, a subsidiary of Gaoying, was investigated for reducing Longji Green Energy.

Longji Green Energy announced that HHLR Management Co., Ltd., a shareholder of the company, received a notice issued by the China Securities Regulatory Commission, and the China Securities Regulatory Commission decided to investigate HHLR Management Co., Ltd. for allegedly transferring Longji Green Energy shares in violation of restrictive regulations.

Yu Chengdong, Huawei: The number of M7 customers is 87,000, and the number of M9 customers is over 30,000.

At the release of Huawei’s smart travel solution and the pre-sale meeting of Smart World S7, Yu Chengdong, chairman of Huawei’s smart car solution BU, said that up to now, the cumulative delivery of the M5 has exceeded 120,000 units, the M7 has definitely broken 87,000 units, and the booking volume of the M9 has exceeded 30,000 units. "We are making every effort to increase production capacity, so I hope you will wait patiently, because the order volume is indeed much higher than expected."

Tesla China raised the price of Model Y long battery life version by 2,500 yuan to 302,400 yuan.

Tesla’s German factory will produce a new car with a price of 25,000 euros, which will greatly lower the price of Tesla’s cheapest model in Europe.

OpenAI held the first developer conference and launched a user-defined version of ChatGPT.

OpenAI launched a user-defined version of ChatGPT. At the first developer conference held on Monday, OpenAI also said that it will launch a preview version of the latest GPT-4 Turbo, which is a more powerful and faster version of the big language model that supports the company’s technology.

ASML, a giant in mask aligner, the Netherlands: He is very optimistic about the business in China next year.

During his stay in China International Import Expo(CIIE), ASML, the global senior vice president of Dutch mask aligner giant, said that the business in China, ASML has grown rapidly this year. It is expected that China will account for more than 20% of ASML’s global revenue in the whole year, and he is also very optimistic about his business in China next year.

TSMC: Net income in October increased by 34.8% from the previous month and 15.7% from the same period last year.

TSMC announced today that its net income in October 2023 was NT$ 243.2 billion, up 34.8% from September 2023 and 15.7% from October 2022.

This article comes from: financial circles