Sou Hu Cai Jing·2025-11-24 22:21Group 1 - Two new stocks are available for subscription on the Sci-Tech Innovation Board this week, with "Moore Threads," a domestic GPU company, starting its subscription on November 24 at a price of 114.28 yuan per share, the highest this year, requiring a payment of 57,140 yuan for one lot [2][4] - The A-share market is experiencing increased volatility, with the Shanghai Composite Index declining and only 20% of previously high-performing equity funds remaining profitable, while ETFs have attracted significant capital inflows of 100 billion yuan in the fourth quarter [2] - Domestic fuel prices are set to decrease, with gasoline and diesel prices lowered by 70 yuan and 65 yuan per ton respectively, leading to reduced costs for private car owners and logistics companies [2] Group 2 - Lei Jun has personally invested over 100 million Hong Kong dollars to increase his stake in Xiaomi to 23.26%, while the company has repurchased shares worth over 800 million Hong Kong dollars this month, totaling over 2.3 billion Hong Kong dollars for the year [3] - The Japanese tourism industry is under pressure due to a decline in Chinese tourists following tensions in Sino-Japanese relations, with many Chinese travelers shifting to destinations like South Korea and Thailand [3] - Federal Reserve officials have signaled a dovish stance, with expectations for a rate cut in December, positively impacting market sentiment and leading to a rebound in U.S. tech stocks [3] Group 3 - The initial subscription for "Moore Threads" saw an overwhelming response, with a preliminary subscription multiple of 4,126.49 times, resulting in a final winning rate of 0.03635054% after the implementation of a callback mechanism [4] - Discussions around the AI sector's potential bubble have intensified, with industry experts asserting that the AI industry is still in its growth phase, supported by favorable policies [5] - BYD has launched the Han L model with a post-subsidy price range of 194,800 to 264,800 yuan, featuring significant upgrades in technology and design [5]