Group 1: Market Performance - The US stock market opened lower on August 21, with the Dow Jones down 0.40%, S&P 500 down 0.31%, and Nasdaq down 0.39% [1] - Walmart's Q2 revenue was $177.4 billion, showing a year-on-year growth of 4.8%, but the stock fell over 3% [1] - Chinese stocks showed mixed performance, with Miniso up over 9%, XPeng and NIO up over 4%, while Bilibili and New Oxygen fell over 3% [1] Group 2: Trade Agreements - The US and EU reached a framework agreement on trade, with the US expected to impose a 15% tariff on most EU imports, including cars, pharmaceuticals, semiconductors, and timber [2] Group 3: Economic Outlook - A rare perspective from Wall Street suggests that US deflation may be imminent, primarily driven by the real estate market, with predictions of significant declines in housing prices potentially lowering inflation to near 1% [3] Group 4: Corporate Developments - Xiaopeng Motors' CEO He Xiaopeng increased his stake by purchasing 3.1 million shares at an average price of HKD 80.49 [5] - JD.com has relaunched its community group buying initiative, JD Pinpin, with multiple stores opened in Beijing and plans for expansion in other regions [6] - Alibaba announced plans to spin off Zhaoma Network Technology Co., Ltd. for independent listing on the Hong Kong Stock Exchange, aiming to provide separate valuations for investors [7]
美股三大指数集体低开,中概股涨跌不一