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China Stock Market Summary (2021-08-06) by CIMK

Stock Market Review



Tencent resumes the registration of new WeChat users.

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A new indication that Alibaba and Tencent open their ecosystems to each other.

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Bilibili announced 16 new games at a conference.

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Luckin Coffee has made a total profit in May and June this year.

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iRay Technology with profit increase by almost 100%.

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Chengxin Youxuan with great restructuring and profitability target.

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Kuaishou closes international video app Zynn.

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ByteDance lays off thousands of employees from education projects.

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Semiconductor company Qualcomm wants to acquire an autonomous driving company.

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Guangdong Baolihua New Energy with revenue spike.

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BYD further increases the sales volume of new energy vehicles.

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Shanghai Putailai New Energy Technology publishes very good H1 2021 results.

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Ganfeng Lithium invests CNY 8.4B in a new lithium battery project.

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Wuxi Autowell Technology released good growth figures for H1 2021.

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Alibaba has donated CNY 3.4B to social projects in 2020-2021.

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