Chinese Concept Stocks | Baidu Accelerates Digital Human E-commerce with Luo Yonghao's AI Launch

On June 12, Eastern Time (Thursday), the three major U.S. stock indices collectively closed higher. The S&P 500 index rose 0.38% to 6045.26 points; the Dow Jones index rose 0.24% to 42967.62 points; and the Nasdaq index rose 0.24% to 19662.48 points.

On June 12, the Nasdaq Golden Dragon China Index fell by 0.41%.

Among popular Chinese concept stocks, TSMC rose 1.02%, Baidu rose 0.30%, Pinduoduo rose 0.28%, XPeng Motors fell 5.85%, NIO fell 3.21%, Bilibili fell 1.57%, Alibaba fell 1.43%, JD.com fell 0.36%, and NetEase fell 0.12%.

TSMC increased by 0.62% over 9 consecutive days with a cumulative increase of 11.44%. Zhihu Group increased by 0.24% over 9 consecutive days with a cumulative increase of 37.40%. Feitian Industries increased by 2.18% over 7 consecutive days with a cumulative increase of 179.90%. Youkuan increased by 12.50% over 7 consecutive days with a cumulative increase of 31.01%. Guanke Meibo increased by 1.53% over 6 consecutive days with a cumulative increase of 6.46%.

Yinlif decreased by 4.21% over 7 consecutive days with a cumulative decrease of 22.88%. Gongwuyuan decreased by 22.26% over 6 consecutive days with a cumulative decrease of 78.01%. Smart Powerr decreased by 2.43% over 6 consecutive days with a cumulative decrease of 14.44%. Zhongjinke decreased by 8.58% over 5 consecutive days with a cumulative decrease of 25.00%. Maisi Intelligent Engine decreased by 2.88% over 5 consecutive days with a cumulative decrease of 19.16%. Baosheng decreased by 3.92% over 5 consecutive days with a cumulative decrease of 17.14%.

Baidu Accelerates Digital Human Layout in E-commerce, Luo Yonghao's AI Avatar Set to Launch
On June 12, Luo Yonghao announced on Weibo that his digital human will start broadcasting on Baidu E-commerce on the 15th. It is reported that Luo Yonghao is the first top anchor to use digital humans for live streaming. This cooperation mainly benefits from the breakthrough in key technologies such as Baidu's release of high-convincing digital humans, which opens space for cooperation with top anchors. According to Baidu E-commerce data, there are currently more than 100,000 digital human anchors in total, covering dozens of industries such as e-commerce, education, and healthcare, helping merchants reduce live broadcast operation costs by more than 80% and increasing GMV by an average of 62%, verifying the commercial feasibility of digital human live broadcasts.

Qingmu Technology: Currently Only Providing E-commerce Operation Services for Pop Mart's Tmall Flagship Store
Qingmu Technology issued a fluctuation notice, stating that recently, some investors have shown interest in the company's cooperation situation regarding the Pop Mart e-commerce operation service project on the Shenzhen Stock Exchange interaction platform. The company is currently only providing e-commerce operation services for Pop Mart's Tmall flagship store, but the revenue from this project accounts for a very low proportion of the company's overall operating income. The company solemnly reminds investors to pay attention to secondary market trading risks, make cautious decisions, and invest rationally.

He Xiaopeng Discusses Entry into Hong Kong Market: XPeng Motors Aims to Become One of the First Companies to Bring Advanced Intelligent Assisted Driving to Hong Kong
On June 12, XPeng Motors Chairman and CEO He Xiaopeng stated at the 2025 Hong Kong Auto Expo that XPeng Motors aims to become one of the first companies to bring advanced intelligent assisted driving to Hong Kong. He said, "XPeng Motors is doing a few things. First is the preparation of related vehicles, and XPeng hopes to achieve advanced intelligent assisted driving in the models entering Hong Kong next year. Secondly, if relevant policies can be formulated, XPeng hopes to be among the first companies on the road. As for subsequent software development and testing, XPeng can complete it in two months."

Ant Financial's Subsidiary Ant Digital Releases Energy Service Intelligent Body
Recently, at the 18th International Solar Photovoltaic and Smart Energy Conference, Ant Financial's subsidiary Ant Digital released an energy service intelligent body. According to reports, this intelligent body can accurately predict power generation and market supply and demand changes, and generate analysis reports and strategies for multiple links such as investment, operation, trading, and financing through simple text commands.

Baidu AI Procurement Releases B2B Industry Intelligent Body, Can Generate Hundreds of Videos in 10 Seconds
At the 4th Baidu AI Procurement Intelligent Conference, Baidu released a B2B industry intelligent body solution and AI+ empowerment plan - the Beyond Plan, announcing that AI Procurement will upgrade its system to star enterprise incubation resources, increase investment in content co-construction, and will use billion-level communication resources and tens of millions of production funds to connect the platform with a matrix of over 2 million fans. Currently, the first batch of more than 200 companies has joined the "Beyond Plan". It is reported that for cooperating merchants, the AI video batch generation capability of the B2B industry intelligent body can generate daily videos and store product information in just 10 seconds.

Taobao Vision Pro App Wins Apple Design Award: Hopes to Blur the Line Between Online and Offline Shopping
During the WWDC 2025 (Apple Worldwide Developers Conference) held from June 9th to 13th, Apple announced the 2025 Apple Design Awards, and Taobao's app on Apple Vision Pro won an award. This is the first time a domestic internet platform has won this award in decades. Apple's official evaluation said that Taobao Vision achieves high-quality 3D product presentation on Vision Pro, allowing users to accurately perceive the size, location, control methods, and applicable scenarios of products, greatly optimizing the shopping decision experience. Zhao Kun, head of Taobao website and XR business, stated in an interview that they hope to break the limitations of online and offline, blur the boundary between the two, "make offline shopping interactive with virtual reality, and make online shopping immersive like offline."

TSMC and the University of Tokyo Establish Chip Research Laboratory
TSMC and the University of Tokyo announced the establishment of a chip research laboratory. TSMC stated in a declaration that the laboratory will promote semiconductor technology research, focusing on future practical applications, covering areas such as materials, devices, processes, metrology, packaging, and circuit design. The University of Tokyo stated that it will cooperate with TSMC to cultivate local talents and promote the sustainable creation and development of next-generation semiconductor technology.