<p>Good morning! A wonderful day starts with making money.</p><h3>NVIDIA drags US stocks down from their highs, AppLovin falls nearly 15%, Chinese concept stocks surge</h3><p>The market is awaiting the US November CPI and PPI inflation data on Wednesday and Thursday, with CPI expected to rise slightly month-on-month. All three major US stock indices fell. The S&amp;P 500 index decreased by 0.61%, the Dow Jones fell by 0.54%, and the Nasdaq dropped by 0.62%.</p><p>China's State Administration for Market Regulation has launched an antitrust investigation into NVIDIA, which fell by 2.55%, dragging down chip stocks and the Nasdaq. Popular stock AppLovin plummeted over 15%, while Apple closed at a record high, rising by 1.61%. Tesla rose by 0.15%, and Microsoft closed up by 0.55%. Google A increased by 0.49%. Amazon fell by 0.41%, and Meta closed down by 1.64%.</p><p>Boosted by the Politburo meeting, the Nasdaq Golden Dragon China Index rose over 8.5%, marking its best single-day performance since the end of September. The Direxion FTSE China Bull 3X ETF rose by 23.78%. The Chinese Internet Index ETF (KWEB) increased by 10.04%, and the Chinese Technology Index ETF (CQQQ) rose by 8.41%.</p><p>Fangdd Network surged by 52.23%, triggering multiple circuit breakers during the session. Haichuan Securities rose by 32.9%, Tiger Brokers increased by over 26.3%, Yuying Securities rose by over 24.1%, Bilibili rose by over 21.6%, Baozun e-commerce increased by over 20.8%, Manbang, LuKong (formerly known as Lufax), and XPeng rose at least over 13%. Nio, iQIYI, Beike, Vipshop, Huazhu, Atour, JD.com, NetEase, and Boss Zhipin rose at most over 12.3%. New Oriental, Trip.com, and Li Auto rose at least about 8%, while Baidu and Weibo rose over 7.6%. Daqo New Energy and Alibaba rose over 7%.</p><p>Bitcoin futures fell back, and cryptocurrency concept stocks generally declined. Bitdeer Technologies fell by 1.81%, and Hut 8 dropped by 10.05%. &#34;Bitcoin whale&#34; MSTR fell by 7.51%. The cryptocurrency &#34;meme stock&#34; YouDian Interactive fell by 50.99%.</p><h3>Nearly 500,000 people liquidated as Bitcoin sharply drops and then fully recovers</h3><p>Bitcoin experienced rapid fluctuations around 5:00 AM today, dropping from $96,400 to about $94,700, then quickly rebounding to $96,400, with the process lasting about 10 minutes. In the past hour, the total liquidation amount across the cryptocurrency market expanded to $857 million, with over 497,000 people liquidated in the past 24 hours.</p><h3>MicroStrategy buys more Bitcoin again</h3><p>MicroStrategy has purchased $2.1 billion worth of Bitcoin, while the company sold a combination of stocks and fixed-income securities to fund the rapid increase in purchases. This marks the company's fifth consecutive Monday announcing the purchase of digital assets. The Bitcoin accumulated by the company over the past four years is now worth over $41 billion.</p><h3>NVIDIA suspected of violating the Anti-Monopoly Law of the People's Republic of China, the State Administration for Market Regulation has decided to file an investigation in accordance with the law.</h3><h3>Musk's xAI updates the functionality of the Grok chatbot</h3><p>Elon Musk's xAI: We are updating the Grok chatbot's capabilities with a new autoregressive image generation model codenamed Aurora, which has been launched on the X platform.</p><h3>The U.S. approves Microsoft to export advanced AI chips to a factory operated in the UAE</h3><p>This is part of Microsoft's partnership with UAE AI company G42.</p><h3>Apple announces expansion of retail operations in Saudi Arabia</h3><h3>Xiaomi's YU7 SUV is expected to officially launch in June or July next year</h3><p>Xiaomi's second model is a pure electric SUV, with the vehicle's rear badge indicating it is named &#34;YU7.&#34; The new car measures 4999mm in length, 1996mm in width, and 1600mm in height, with a wheelbase of 3000mm and a top speed of 253 km/h. The new vehicle will use ternary lithium-ion batteries produced by Jiangsu Times New Energy Technology Co., Ltd., with a peak power of 220kW/288kW for the driving motor, and is equipped with an Event Data Recorder (EDR).</p><h3>Tencent's major shareholder Prosus continues to reduce its stake: ownership ratio drops to 23.99%</h3><h3>Tesla plans to release Model Q next year, priced below $30,000</h3><h3>OpenAI releases AI video generation model Sora</h3><p>OpenAI has released the AI video generation model Sora, which is similar to OpenArt's AI tool DALL-E. Users input their desired scene, and Sora will return high-definition video clip results. Additionally, an OpenAI co-founder expressed hopes to offer products in Europe.</p><h3>Central Committee Political Bureau Meeting</h3><p>The main goals and tasks for economic and social development for the year will be successfully completed. More proactive fiscal policies and moderately loose monetary policies will be implemented, strengthening extraordinary counter-cyclical adjustments. More proactive and effective macro policies will be implemented to stabilize the real estate and stock markets. There will be a strong push to boost consumption, improve investment efficiency, and comprehensively expand domestic demand.</p><p>Wen Bin, chief economist at China Minsheng Bank, stated that this is the first time in over a decade that China's monetary policy has reiterated &#34;moderate easing.&#34; From the actual operational situation, monetary policy is flexibly and moderately executed. Since the beginning of this year, the market generally feels that China's monetary policy is in a stable and slightly loose state</p>

XPEV

09868

YINN

BABA

NVDA

TSLA

01810

MSFT

OpenAI

<p>The State Administration for Market Regulation of China has launched an antitrust investigation into NVIDIA, causing NVIDIA to drop 2.55%, dragging down chip stock indices and the Nasdaq. Chinese concept stocks surged, with Fangdd Network rising 52.23%, triggering trading halts multiple times during the session. Bilibili rose over 21.6%, while XPeng and Nio both rose over 12%. Alibaba rose over 7%. MicroStrategy has once again purchased more Bitcoin. The U.S. has approved Microsoft to export advanced AI chips to the UAE. Apple announced an expansion of its retail business in Saudi Arabia. The Xiaomi YU7 SUV is expected to officially launch in June or July next year</p>

- U.S. stock markets declined, with the S&P 500 down 0.61% and Nvidia facing a 2.55% drop due to an antitrust investigation in China.  
- The Chinese market saw significant gains, with the Nasdaq Golden Dragon China Index rising over 8.5%, while various Chinese tech stocks experienced substantial increases.  
- Bitcoin futures fell sharply, leading to widespread liquidations in the cryptocurrency market, although MicroStrategy continued to invest heavily in Bitcoin.

LB Select

XPeng

XPENG-W

Fangdd Network

Direxion FTSE China Bull 3X

Alibaba

NVIDIA

Tesla

XIAOMI-W

Microsoft

Shangtai Tech

BOSS ZHIPIN-W

HWORLD-S

JD-SW

NEW ORIENTAL-S

Strategy

NIO-SW

MMTEC

IFLYTEK

BANK OF E ASIA

BAOZUN-W

VanEck Semiconductor ETF

UP Fintech

TENCENT

SENSETIME-W

BRIGHT DAIRY

EAST BUY

BABA-W

TRIP.COM-S

GraniteShares 2x Long NVDA Daily ETF

HIGHPOWER TECHNOLOGY

AOTO Electronics

Ideanomics

Destiny Tech100

Daqo New Energy

PING AN

REPT BATTERO

Alphabet - C

Alphabet

Direxion Semicon Bull 3X

Vipshops

SANYUAN

iQIYI

Atour

HUAMIN

Sunwave

MINSHENG BANK

Direxion Daily TSLA Bull 2X Shares

Apple

Full Truck Alliance

BEKE-W

WB-SW

Amazon

VICTORY SEC

Direxion FTSE China Bear 3X

GBA DYNAMIC

Pros

BIDU-SW

NETEASE MUSIC

LUFAX

Cangzhou Mingzhu

Franklin FTSE China

IDEANOMICS INC

NTES-S

BILIBILI-W

OKG TECH

Breakfast | Chinese concept stocks surged overnight, YINN rose nearly 24%, and the Golden Dragon Index increased by over 8.5%