On October 7th (Monday) Eastern Time, the three major U.S. stock indices collectively closed lower. The S&P 500 fell by 0.96%, closing at 5695.94 points; the Dow Jones fell by 0.94%, closing at 41954.24 points; and the Nasdaq fell by 1.18%, closing at 17923.90 points.
On October 7th, the Nasdaq Golden Dragon China Index rose by 0.07%.
Among popular Chinese stocks, Baidu rose by 3.63%, Alibaba by 2.62%, XPeng Motors by 2.11%, TSMC by 1.82%, NIO by 0.30%, JD.com by 0.23%, while Bilibili fell by 4.03%, NetEase by 2.72%, and Pinduoduo by 0.76%.
Futu Holdings rose by 0.74% for 11 consecutive days, with a cumulative increase of 96.75%. EHang Holdings rose by 21.40% for 8 consecutive days, with a cumulative increase of 67.74%. Waterdrop rose by 3.03% for 8 consecutive days, with a cumulative increase of 28.30%. Sharecare rose by 0.99% for 7 consecutive days, with a cumulative increase of 27.02%. Burning Rock Biotech rose by 1.08% for 6 consecutive days, with a cumulative increase of 15.38%. Internet Technology Packaging rose by 9.09% for 6 consecutive days, with a cumulative increase of 20.48%.
51talk fell by 4.95% for 6 consecutive days, with a cumulative decrease of 16.11%. ChinaNet Online Holdings fell by 4.07% for 5 consecutive days, with a cumulative decrease of 46.36%. Huapu Group fell by 3.31% for 4 consecutive days, with a cumulative decrease of 34.74%. Junzhang Digital Technology fell by 2.53% for 4 consecutive days, with a cumulative decrease of 11.64%. XChange fell by 10.27% for 4 consecutive days, with a cumulative decrease of 39.40%.
Ctrip Customer Service Responds to Hotel Booking Price Differences with Tongcheng
Ctrip customer service responded to hotel booking price differences with Tongcheng, stating, "The prices displayed by our platform and others are based on the hotel's most favorable room rates for the day. The provided image does not verify specific dates, room types, or identical conditions, making it unverifiable." So, is there a difference in booking prices through Ctrip and Tongcheng for the same hotel? Ctrip customer service checked the prices for stays from October 18-19, using a comfort superior room as an example. With the same inclusion of breakfast for two, Ctrip's platform price is 682 yuan, while Tongcheng's is 624 yuan. The customer service also mentioned, "We have verified that some room types are more expensive on our platform due to different discount policies. Some room types are also cheaper on our platform than on Tongcheng. If you find a price difference where our platform is more expensive, we will cover the difference."
"Internet Celebrity" Product Manager Song Ziwei Reportedly Resigns from Li Auto After One Year
After one year at Li Auto, "Internet celebrity" product manager Song Ziwei is reportedly leaving the company. On October 6th, a netizen revealed that Song Ziwei had resigned from Li Auto, with the reason for leaving unknown. On October 7th, reports indicated that insiders confirmed Song Ziwei is no longer in the company's Feishu directory and likely left before the holiday. Song Ziwei was the keynote speaker at the Li Auto Intelligent Software Conference held on December 10, 2023. Before joining Li Auto, she was a product manager at iQOO, a sub-brand of vivo.
Fliggy's "2024 National Day Holiday Travel Express": Domestic High-Star Hotel Bookings Increase by Nearly 40%
Fliggy released the "2024 National Day Holiday Travel Express," showing high enthusiasm for tourism consumption during the Golden Week. On a comparable basis, the booking volume of domestic high-star hotels, travel itineraries, car rentals, and other travel products has significantly increased year-on-year. Outbound travel continues to grow strongly, with bookings up over 50% year-on-year. International hotel bookings have returned to approximately 120% of their 2019 levels.