Sino-Singapore Jingwei, May 2. On the evening of May 2, US stocks opened slightly higher, the S&P 500 rose 0.1%, the Dow rose 0.3%, and the Nasdaq rose 0.02%.

  Most of the popular Chinese concept stocks fell, and Bilibili fell nearly 10% in early trading.

New car-making forces generally fell, Xiaopeng Motors and Weilai Automobile fell by nearly 2%, and Li Auto fell by about 0.8%. Due to the impact of the supply chain, the sales data of many new car-making forces in April were poor.

Activision Blizzard rose 2.4%, and Buffett significantly increased his holdings of Activision Blizzard to 9.5%.

Fangduoduo opened 16% higher, extending last Friday's strong gains.

  On the news, on the evening of the 2nd, Bilibili lowered its net turnover forecast for the first quarter of 2022.

Bilibili said it currently expects net turnover in the first quarter of 2022 to be between 5 billion yuan (RMB, the same below) to 5.1 billion.

This compares to the previously estimated net turnover of between 5.3 billion and 5.5 billion yuan, based on guidance based on information at the time.

  Bilibili also announced that on April 29, 2022, the company received confirmation from the Stock Exchange for the proposed conversion application.

The effective date (ie the date on which the proposed conversion will take effect) is expected to be October 3, 2022.

After the effective date, the company will be dually listed on the Hong Kong Stock Exchange and Nasdaq in the United States.

  In terms of European stocks, as of press time, the German DAX30 index fell 0.90%, the French CAC40 index fell 1.64%, and the British stock market was closed for public holidays.

  It is worth mentioning that on the afternoon of May 2, Beijing time, a five-minute "flash crash" occurred shortly after the opening of the Nordic stock market.

In response, a spokesman for the Nasdaq Nordic exchange said that Nasdaq Nordic was investigating the unexplained plunge in the stock market earlier on Monday, and that "major orders" contributed to the earlier decline in the stock market and will not cancel the decline. any orders placed during the period.

(Sino-Singapore Jingwei APP)