Chinese Concept Stocks | JD.com Surges 10.11% Amid New Gift Feature Launch

On January 17th, Eastern Time (Friday), the major U.S. stock indices collectively closed higher. The S&P 500 Index rose by 1.00%, closing at 5996.66 points; the Dow Jones Index increased by 0.78%, closing at 43487.83 points; and the Nasdaq Index gained 1.51%, closing at 19630.20 points.

On January 16th, the Nasdaq Golden Dragon China Index rose by 0.22%.

In the popular U.S.-listed Chinese stocks, Pinduoduo rose by 5.30%, NIO increased by 4.57%, Alibaba went up by 3.28%, Bilibili gained 2.89%, Baidu rose by 2.71%, JD.com surged by 10.11%, XPeng Motors increased by 1.80%, NetEase went up by 0.45%, while TSMC fell by 1.52%.

Among the rising U.S.-listed Chinese stocks, Wangban Technology rose by 18.43% for 17 consecutive days, with a cumulative increase of 58.45% during this period. Global Lights increased by 0.09% for 10 consecutive days, with a cumulative rise of 0.56%. Champs International rose by 2.27% for 8 consecutive days, with a cumulative increase of 20.62%. JOYY Inc. gained 3.05% for 7 consecutive days, with a cumulative rise of 12.44%. Rising Dragon increased by 0.05% for 7 consecutive days, with a cumulative rise of 0.25%.

Among the declining U.S.-listed Chinese stocks, Canadian Solar fell by 0.63% for 7 consecutive days, with a cumulative decrease of 16.85%. Visionary Cloud Holography decreased by 6.59% for 5 consecutive days, with a cumulative drop of 23.42%. Jiuzhou Pharmacy fell by 5.63% for 5 consecutive days, with a cumulative decrease of 11.83%. Tiancheng Technology decreased by 0.15% for 4 consecutive days, with a cumulative drop of 5.90%. Jinxin Technology fell by 5.72% for 3 consecutive days, with a cumulative decrease of 19.72%. Smart Charging decreased by 8.28% for 3 consecutive days, with a cumulative drop of 21.30%. 1 Medicine Network fell by 0.70% for 3 consecutive days, with a cumulative decrease of 8.69%. Huiyang New Energy decreased by 1.97% for 3 consecutive days, with a cumulative drop of 6.30%. Paiming Chip City fell by 1.34% for 3 consecutive days, with a cumulative decrease of 3.92%. American Green Planet decreased by 1.42% for 3 consecutive days, with a cumulative drop of 12.37%. Kebbiao Technology fell by 4.92% for 3 consecutive days, with a cumulative decrease of 12.72%. European Tech Instruments decreased by 4.97% for 3 consecutive days, with a cumulative drop of 7.04%. Luokuang Technology fell by 4.52% for 3 consecutive days, with a cumulative decrease of 15.88%. Color Star decreased by 5.14% for 3 consecutive days, with a cumulative drop of 13.09%.

Huang Renxun Confirms Lunch with TSMC Chairman Wei Zhejia
NVIDIA's Taiwan branch held a year-end party at the Nangang Exhibition Hall on January 17th, attended by CEO Huang Renxun. Before entering the venue, he confirmed in an interview that he had lunch with TSMC Chairman Wei Zhejia that day, thanking him for assisting NVIDIA in chip production and preparing for the coming year, and he will also meet with other supply chain executives.

JinkoSolar: Expected 98.39% to 98.92% Decrease in Net Profit for 2024
JinkoSolar announced that it expects the net profit attributable to the owners of the parent company for 2024 to be between 80 million and 120 million yuan, a decrease of 7.32 billion to 7.36 billion yuan compared to the previous year, representing a year-on-year decline of 98.39% to 98.92%. The net profit attributable to the owners, excluding non-recurring gains and losses, is expected to be between -10.5 billion and -7.5 billion yuan, a decrease of 7.654 billion to 7.954 billion yuan compared to the previous year, representing a year-on-year decline of 110.86% to 115.21%.

Trip.com: 58% Increase in Visa Applications for Outbound Travel During Chinese New Year
According to data from Trip.com, as of January 17th, the number of visa applications for Chinese New Year had increased by 58% year-on-year. Popular visa destinations include Japan, Australia, the United States, New Zealand, South Korea, the United Kingdom, Vietnam, Canada, France, and Spain.

Li Auto Applies to Register "Ideal AI Talk" Trademark
According to Tianyancha intellectual property information, Beijing Li Auto Co., Ltd. recently applied to register the "Ideal AI Talk" trademark under the international classification of education and entertainment. The current status of the trademark is awaiting substantive examination.

JD.com Launches "Gift Giving" Feature and Introduces "Group Gift" Play
On January 17th, JD.com launched a "gift giving" feature in the latest version of its app. It is reported that the JD gift-giving feature covers almost all self-operated products suitable for gifting. Users can share links to WeChat with one click, and recipients can open and claim gifts in WeChat by filling in the "gift receiving address." JD.com also introduced a fun "group gift" play, allowing users to purchase multiple gifts at once and send them to a WeChat group, where members can randomly grab different gifts through a luck-based system.