Breakfast | Cybertruck exploded at the entrance of Trump Hotel, Alibaba sold SUNART RETAIL for HKD 13.1 billion
In 2024, U.S. stock indices rose by double digits across the board, with the S&P 500 up 24%. AppLovin surged 713%, becoming the biggest dark horse. AI concept stocks soared, while traditional consumer brands plummeted. Alibaba sold SUNART RETAIL for HKD 13.1 billion, further shrinking its new retail landscape. In December, several car companies in mainland China set new monthly delivery records, with XPeng achieving a record for four consecutive months. Mixue Bingcheng submitted a listing application to the Hong Kong Stock Exchange. Walmart recalled a large quantity of broccoli in the U.S. that may have been contaminated with bacteria. China released the "Interim Measures for Implementing a Flexible Retirement System," clarifying the procedures for flexible retirement and the collection of basic pensions
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The three major U.S. stock indices rose by double digits in 2024, with component stocks seeing gains of over 700%, surpassing NVIDIA
In 2024, the Nasdaq 100 index rose 27% for the year, the S&P 500 index rose 24%, and the Dow Jones Industrial Average rose 13%. Among the component stocks, AppLovin surged 713%, becoming the biggest dark horse, with a gain more than four times that of AI leader NVIDIA. The U.S. stock market displayed distinct structural characteristics, with AI concept stocks represented by NVIDIA generally ranking high in the gainers list across the three major indices, while traditional consumer brands like Nike and Estée Lauder faced significant declines, with drops exceeding 30%. NVIDIA soared 171% for the year, Meta rose 66%; Tesla increased by 63%; Amazon rose over 44%; Alphabet gained 36%; Apple rose about 31%; Microsoft increased by about 13%. Among the S&P 500 component stocks, the artificial intelligence software company Palantir Technologies topped the list with a yearly gain of 341%.
Cybertruck explodes at Trump Hotel entrance; authorities say there was an ignition system inside the vehicle
A local judge stated that the explosion of a Tesla Cybertruck at the entrance of the Trump Hotel in Las Vegas on the morning of January 1 may be an act of terrorism, and an investigation is underway. Musk indicated that the Cybertruck involved in the Las Vegas attack and the F-150 pickup truck used in the suicide bombing (crowd-ramming incident) in New Orleans were both rented from Turo. There may be some connection between them. It is likely an act of terrorism.
Alibaba sells Sun Art Retail for HKD 13.1 billion, further shrinking its new retail footprint
Alibaba announced that its subsidiary and New Retail have reached a deal with DHH Capital to sell all of its shares in Sun Art Retail (the parent company of Auchan and RT-Mart) for up to approximately HKD 13.138 billion, accounting for 78.7% of Sun Art Retail's issued shares. In recent years, Alibaba has focused on its core business, gradually divesting non-core assets, and announced the sale of department store Intime in mid-last month.
Baidu's 25th anniversary: Robin Li sends letter to all employees, stating that AI technology and applications will explode in 2025
On January 1, 2025, Baidu will celebrate its 25th anniversary. Robin Li sent a letter to all employees stating, "I have always believed that technological innovation is Baidu's core competitiveness." The letter expressed expectations for 2025, stating, "Although super applications have not yet emerged, the actual penetration rate of AI is already significant and will continue to experience explosive growth in 2025."
Mixue Ice City submits listing application to the Hong Kong Stock Exchange
Bank of America, Goldman Sachs, and UBS Group serve as joint sponsors. In 2022 and 2023, Mixue Ice City's revenue was RMB 13.6 billion and RMB 20.3 billion, respectively, with year-on-year growth of 31.2% and 49.6%; net profit was RMB 2 billion and RMB 3.2 billion, with year-on-year growth of 5.3% and 58.3%. In the first three quarters of 2024, revenue reached RMB 18.7 billion, a year-on-year increase of 21.2%; net profit was RMB 3.5 billion, a year-on-year increase of 42.3%. Mixue Ice City has over 45,000 stores in 11 countries in China and abroad, making it the world's largest fresh beverage company by store count
China Releases Interim Measures for Implementing Flexible Retirement System
Clarified the procedures for handling flexible retirement and the collection of basic pensions.
Musk Changes His Username Back to His Original English Name - Elon Musk on X Platform
Previously, Musk changed his username to Kekius Maximus and updated his profile picture, which led to a surge in related meme coins. This new name seems to be a mix of alt-right symbols, memes, and the name of the protagonist from the movie "Gladiator." He also changed his profile picture to "Pepe the Frog." Musk did not provide an explanation for the new username and profile picture, but this move immediately triggered a chain reaction, causing the value of the similarly named meme token to skyrocket. The price of Kekius M (KM) on the Solana chain once surged over 12,600%, with a market cap briefly exceeding $45 million.
Walmart Recalls Large Amounts of Broccoli Potentially Contaminated with Bacteria Involving 20 States
On January 1st local time, Walmart announced the recall of broccoli sold in 20 states in the U.S. due to potential contamination with Listeria monocytogenes, which can cause severe or even fatal infections in children, the elderly, and other individuals with weakened immune systems.
December Sees Record Monthly Deliveries for Several Automakers in Mainland China
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IM Motors: 2024 full-year sales of 65,505 units, a year-on-year increase of 71%.
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SAIC-GM: December 2024 terminal sales of 73,058 vehicles, marking six consecutive months of growth.
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GAC Aion: December global sales reached 46,851 units, continuing positive growth both year-on-year and month-on-month.
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Great Wall Motors: December 2024 sales of 135,286 units, a year-on-year increase of 20.25%.
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SAIC Audi: Cumulative new car deliveries in 2024 increased by 70% year-on-year, totaling 43,220 units.
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Voyah: December deliveries reached 12,136 units, setting a new historical high, with over 10,000 units delivered for four consecutive months.
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BAIC Blue Valley: December 2024 new energy vehicle sales of 16,408 units, with total annual sales of 113,860 units.
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XPeng: December deliveries surpassed 25,000 units, with a full-year delivery target of 300,000 units for 2025.
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Leapmotor: December deliveries reached 42,517 units, a year-on-year increase of 128%, setting a monthly delivery record for seven consecutive months.
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Hongqi Brand: Total sales in 2024 reached 411,777 units, a year-on-year increase of 17.4%, with new energy vehicle sales of 115,000, up 43.7%.
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XPeng: December saw a total of 36,695 new car deliveries, a year-on-year increase of 82% and a month-on-month increase of 19%, achieving a historical high for monthly deliveries for four consecutive months.
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BYD: December 2024 new energy vehicle sales of 514,809 units; total sales for 2024 reached 4,272,145 units, with a cumulative year-on-year growth of 41.26%
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Avita: In 2024, total sales reached 73,606 vehicles, doubling year-on-year, leading the industry in growth rate. Among them, December sales were 11,067 vehicles, breaking the 10,000 mark for three consecutive months.
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Seres: In December 2024, new energy vehicle sales were 37,319 units, a year-on-year decrease of 9.57%; total annual sales reached 426,900 units, with a year-on-year growth of 182.84%.
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Geely Automobile: Total sales in December 2024 were 210,055 vehicles, an increase of about 43% compared to the same period last year; total annual sales reached 2,176,567 vehicles, a year-on-year increase of 32%.
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Chery Automobile: In 2024, total vehicle sales were 2,603,916 units, a year-on-year increase of 38.4%; among them, new energy vehicle sales were 583,569 units, a year-on-year increase of 232.7%.
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Changan Automobile: In 2024, total sales exceeded 2.68 million vehicles, reaching a nearly seven-year high; new energy vehicle sales in 2024 exceeded 730,000 units, with a year-on-year growth of over 50%.
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FAW Toyota: December sales were 96,924 vehicles, a year-on-year increase of 13.03%; in 2024, sales of electrified models reached 384,612 units, a year-on-year increase of 36%, accounting for 48%.
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ZEEKR: In December, 27,190 vehicles were delivered, a year-on-year increase of 102%. In 2024, the company delivered a total of 222,000 vehicles, an increase of 87% compared to the previous year.
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Li Auto: In December, 58,513 vehicles were delivered, a year-on-year increase of 16.2%, setting a historical high. The total delivery volume for 2024 reached 500,508 vehicles, with cumulative deliveries reaching 1,133,872 vehicles.
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Nio: In December, the company delivered 31,138 new vehicles, setting a new monthly delivery record, with a month-on-month increase of 51.3% and a year-on-year increase of 72.9%; total new vehicle deliveries for the year reached 221,970 units, a year-on-year increase of 38.7%.
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HarmonyOS Intelligent Mobility: In 2024, a total of 44,956 new vehicles were delivered, among which the Aito M9 has accumulated over 200,000 pre-orders in 12 months since its launch, the Aito new M7 has accumulated over 190,000 deliveries for the year, and the Zhijie R7 has accumulated 28,969 deliveries. (Jin Shi Data APP)