On November 5th, Eastern Standard Time (Tuesday), all three major U.S. stock indices rose by more than 1%. The S&P 500 index increased by 1.23% to 5,782.76 points; the Dow Jones index rose by 1.02% to 42,221.88 points; and the Nasdaq index climbed by 1.43% to 18,439.17 points.
On November 4th, the Nasdaq Golden Dragon China Index went up by 1.10%.
Among popular Chinese stocks, XPeng Motors rose by 6.05%, Bilibili increased by 5.55%, NIO climbed by 2.63%, TSMC rose by 2.17%, Baidu increased by 1.57%, NetEase was up by 1.44%, Alibaba gained 0.85%, JD.com rose by 0.43%, while Pinduoduo fell by 0.14%.
JinkoSolar increased by 1.15% over 5 consecutive days, with a cumulative rise of 16.56%. Canadian Solar went up by 2.32% over the same period, with a total rise of 16.48%. ZKH Industrial Supply increased by 1.15% over 5 days, totaling an 8.95% rise. Distoken rose by 0.15% over 5 days, with a cumulative rise of 0.79%. Senmiao Technology climbed by 3.30% over 5 days, with an overall increase of 10.59%.
Bright Scholar Education Holdings fell by 8.37% over 7 consecutive days, with a total drop of 40.79%. China Yuchai International decreased by 1.64% over 5 days, with a cumulative fall of 9.17%. 111, Inc. dropped by 1.41% over 5 days, totaling a 12.50% decline. XChange fell by 9.02% over 5 days, with a total decrease of 36.65%. Blue Hat Interactive Entertainment Technology declined by 2.33% over 5 days, with an overall drop of 16.00%. Lianluo Smart Limited fell by 1.50% over 5 days, with a total decrease of 12.67%.
XPeng Motors Applies for Xiaopeng Kunpeng Trademark
According to Tianyancha intellectual property information, Guangdong Xiaopeng Motors Technology Co., Ltd. recently applied to register the "Xiaopeng Kunpeng" trademark, classified under international classification as transportation tools. The current status of the trademark is awaiting substantive examination. Guangdong Xiaopeng Motors Technology Co., Ltd. was established in June 2019, with He Xiaopeng as the legal representative, and a registered capital of 40 billion RMB. It is wholly owned by XPeng (HongKong) Limited.
Ele.me Withdraws from Ele.me Star Selection Company
Tianyancha App shows that recently, the associated company of Ele.me Star Selection, Xingzhixuan (Beijing) Technology Co., Ltd., underwent a business change. Shanghai Lazadas Information Technology Co., Ltd., an affiliated company of Ele.me, withdrew as a shareholder, and Huang Ruming was added as a new shareholder. Xingzhixuan (Beijing) Technology Co., Ltd. was established in July 2015, with Wang Qiang as the legal representative and a registered capital of 2.01 million RMB. Its business scope includes catering management, road freight transportation, network culture operations, and second-class value-added telecom services. Shareholder information shows that the company is now owned by Wang Qiang and Huang Ruming, holding 99% and 1% of the shares, respectively. According to reports, the Ele.me Star Selection App, which focused on high-end takeout and was renamed from Baidu Waimai after being acquired by Ele.me, has ceased operations. It was revealed that the servers were shut down as early as 2021, and related services were integrated into the Ele.me App.