Category: Flash News

On September 4, ERNIE Bot APP was renamed Wenxiaoyan one year after its launch, positioning Baidu’s “New Search” intelligent assistant. Why was it renamed? Baidu Vice President Xue Su told First Financial reporters that Baidu hopes to expand its user base, especially by bringing it closer to ordinary consumers.

According to multiple interviewed liquor merchants, the performance of the Mid Autumn Festival liquor consumption market this year is not as good as in previous years, including Maotai. In previous years, there would be a wave of price increases for Maotai near the peak season, while the wholesale price of Feitian Maotai has been declining for several consecutive days this year. The liquor merchants stated that the weak Mid Autumn Festival market and the factory’s release of goods to the market have both had an impact.

As of the close, the Nasdaq fell 0.3%, the S&P 500 index fell 0.16%, the Dow Jones Industrial Average rose 0.09%, most large tech stocks fell, Intel fell more than 3%, Amazon and Nvidia fell more than 1%, and Nvidia’s stock price has fallen 15% since the release of its financial report last week; Microsoft, Google, and Apple experienced slight declines; Tesla rose over 4%, while Netflix and Meta saw slight increases. Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index falling 0.07%.

On September 4th, a total of 23 stocks on the Dragon and Tiger List showed the presence of institutions, with 9 stocks showing net institutional buying and 14 stocks showing net institutional selling. The top three stocks that institutions net bought on that day were Baobian Electric, Doctoral Glasses, and Kesen Technology. The top three stocks sold by institutions on that day were Kaisheng Technology, Nandu Power, and Shenzhen Huaqiang.

On September 3rd at 21:33, UN Secretary General Guterres arrived in Beijing by high-speed train G24 from Shanghai to attend the upcoming 2024 Forum on China Africa Cooperation summit. Since the Beijing summit of the Forum on China-Africa Cooperation of the Forum on China Africa Cooperation in 2018, Guterres has once again attended the Summit of the Forum on China Africa Cooperation as a special guest.

On September 3 local time, the United States Department of Justice announced allegations against several senior members of the leadership of the Palestinian Islamic Resistance Movement (Hamas), accusing them of “participating in the kidnapping and murder of Americans during the attack on Israel on October 7 last year”. It is reported that this criminal charge lists six members of the Hamas leadership and details their “terrorist activities” carried out on behalf of the organization.

On September 3rd local time, Russian Foreign Ministry spokesperson Zakharova stated that the European Union may have been involved in some way in planning the Ukrainian military’s attack on Kursk Oblast in Russia. According to the EU High Representative for Foreign Affairs and Security Policy, Borrell, the EU is fully aware of the Ukrainian military’s actions in Kursk Oblast, which may prove that the EU was involved in some way in planning and implementing attacks on the Russian region.

On September 3rd local time, Ukrainian President Zelensky signed a decree to dismiss Rostislav Shulma from his position as Deputy Director of the Presidential Office.

On the evening of September 2nd local time, Russian President Putin flew to Ulaanbaatar, Mongolia and began an official visit to Mongolia on September 3rd. Mongolian Foreign Minister and other officials arrived at the airport to greet them. On the same day, the Ukrainian Ministry of Foreign Affairs accused Mongolia of failing to arrest Putin according to the International Criminal Court’s wanted warrant, stating that it will ensure that Mongolia bears the consequences.

An Israeli source said that the Israeli side has informed the mediator that it has agreed to withdraw from the “Philadelphia Corridor” in the second phase of the hostage exchange agreement.

On September 3rd local time, a large number of Israeli civilians gathered on the streets near the Israeli Defense Forces headquarters in Tel Aviv, blocking traffic and demanding that the government immediately reach a ceasefire and exchange of detainees agreement with the Palestinian Islamic Resistance Movement (Hamas). This is the third consecutive day of protests in Tel Aviv since the Israeli Defense Forces announced on September 1st that they had discovered the bodies of six Israeli detainees in the southern Gaza Strip city of Rafa.

On September 2nd local time, the Venezuelan government issued a statement condemning the previous illegal detention of President Maduro’s plane by the US government. The communique stated that the US actions are criminal and an example of its illegal unilateral sanctions in the world. No country or government can ignore international law and take illegal actions. The Venezuelan government reserves all rights to pursue its legal responsibilities. In addition, Dominican Foreign Minister Alvarez stated on the same day that the Dominican government and prosecutor’s office were not involved in the relevant investigation by the United States.

Recently, the “rice shortage” in the capital region of Japan and Osaka Prefecture has continued, with many supermarkets experiencing out of stock or purchase restrictions on rice. On September 2nd local time, officials from Osaka Prefecture once again called on the Japanese central government to release reserve rice as soon as possible to alleviate supply shortages, but were refused by central government officials.

Cathay Pacific Airways issued a statement late on the 2nd, stating that several identical engine components need to be replaced, and some A350 aircraft need to be grounded for several days for maintenance. According to the reporter’s understanding, the engine component failure occurred with Rolls Royce engines, and currently all A350 aircraft worldwide are equipped with Rolls Royce engines. The problems faced by the aircraft manufacturing supply chain since the outbreak have been continuously affecting airlines worldwide.

The “fight” between Apple, Tencent and Tiktok is a game between Super App and closed source system, and the core is the battle of business model. The ecology and revenue model of small games like WeChat and Tiktok ecology are built based on the small programs of super apps. As the operator of iOS system, Apple extends its hand into the small programs of super apps and forcibly draws fees from manufacturers. Is it really reasonable?

As of the close, the Nasdaq fell 3.26%; The S&P 500 index fell 2.12%, while the Dow Jones Industrial Average fell 1.51%. Large tech stocks experienced a general decline, with Nvidia falling over 9% and its market value plummeting by $278.9 billion (approximately RMB 1986.1 billion), marking the largest single day decline since late April; Intel fell over 8%, Google and Netflix fell over 3%, Apple fell over 2%, and Meta, Amazon, and Microsoft fell over 1%. Most Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index falling 0.86%.

On September 3rd, a total of 22 stocks on the Dragon and Tiger List showed the presence of institutions, with 13 stocks showing net institutional buying and 9 stocks showing net institutional selling. The top three stocks with net purchases by institutions on that day were Shenzhen Huaqiang, Jin Yinhe, and Tuowei Information. The top three stocks with net sales by institutions on that day were China General Nuclear Power, Kaisheng Technology, and Rijiu Optoelectronics.

On September 2nd local time, US President Biden announced that he will soon present a final proposal to both sides of the Israeli Palestinian conflict regarding the agreement to release detained individuals. He also stated that Israeli Prime Minister Netanyahu did not do enough to reach an agreement with the Palestinian Islamic Resistance Movement (Hamas) to release detainees.

On September 2nd local time, the Venezuelan government issued a statement condemning the previous illegal detention of President Maduro’s plane by the US government. On that day, the United States seized a plane frequently used by Venezuelan President Maduro in the Dominican Republic, claiming that its acquisition violated US sanctions and involved other criminal issues.

On September 2nd local time, British Foreign Secretary Lamy announced the suspension of the UK’s export license for some weapons to Israel.

On the evening of September 2nd local time, Israeli Prime Minister Netanyahu stated that he insists Israel should control the “Philadelphia Corridor” along the border between Gaza Strip and Egypt, and accuses the Egyptian government of failing to ensure the security of the border area between Egypt and Gaza Strip.

On September 2nd, Russian President Putin attended an open class event at a middle school in Kizil, the capital of the Tuva Republic of the Russian Federation. When talking about the importance of language learning, he said that learning Chinese in Russia is becoming increasingly “hot” and that his family has children who “can speak Chinese and speak it very fluently”. Putin also emphasized the importance of learning English.