Core Viewpoint - Qudian Inc. (QD.US) reported a significant increase in diluted earnings per American Depositary Share for the third quarter, indicating improved profitability despite a decline in revenue compared to the previous year [1] Financial Performance - The diluted earnings per American Depositary Share for Q3 was 2.47 RMB (0.35 USD), up from 0.71 RMB in the same period last year [1] - The quarterly revenue for the period ending September 30 was 85 million RMB, a decrease from 550 million RMB in the same quarter of the previous year [1]

Core Viewpoint - Goldman Sachs has announced the inclusion of China Telecom (00728), Pop Mart (09992), and JD Logistics (02618) into the Hang Seng Index as blue-chip stocks, leading to an increase in market capitalization for the Hang Seng Index, the Hang Seng China Enterprises Index, and the Hang Seng Tech Index [1] Group 1: Market Capitalization and Valuation - The estimated market capitalization for the Hang Seng Index, the Hang Seng China Enterprises Index, and the Hang Seng Tech Index is projected to rise to $2.09 trillion, $1.42 trillion, and $480 billion respectively, reflecting increases of 1.6%, 1.1%, and 9% compared to prior changes [1] - The forecasted price-to-earnings ratios are expected to increase from 11.3, 10.7, and 17.6 times to 11.4, 10.8, and 18 times respectively [1] - Earnings per share growth forecasts have been adjusted from 5.4%, 6.3%, and 17.5% to 5.7%, 6.6%, and 16.8% respectively [1] Group 2: Capital Flows - Consumer retail, software and services, and automotive stocks are anticipated to see the highest passive fund inflows, estimated between $300 million and $780 million [1] - Internet or media and entertainment, technology hardware and semiconductors, and banking stocks are expected to experience the most significant passive fund outflows, estimated between $270 million and $950 million [1] Group 3: Net Buying and Selling - Horizon Robotics-W (09660), Pop Mart (09992), BYD Company (01211), Meituan-W (03690), Xiaomi Group-W (01810), and Alibaba-W (09988) are projected to record the highest net passive buying, estimated between $185 million and $610 million [1] - Tencent Holdings (00700), SMIC (00981), Kuaishou-W (01024), JD Group-SW (09618), and Bank of China (03988) are expected to see the most significant net passive outflows, estimated between $150 million and $550 million [1]