Ctrip (Minutes): Stable demand for hotel and travel, will continue to increase marketing investmentLeapmotor (1Q25 Minutes): How can the 'most competitive player' in new energy make a successful counterattack?Ctrip: Another increase in revenue without profit growth, even the top student is facing challenges?Leapmotor: Competing with real strength, the chaotic new energy market has its 'irresistible charm'!"Big and beautiful" = "big deficit", will US stocks be dragged down by US bonds again?HSI quarterly review triggers stock fluctuations; Alibaba faces US scrutiny again|Today's important news recapApril 2025 Retail Review: The trend of recovery after hitting bottom remains unchanged, tariffs have no impact for nowShell (Minutes): If the property market worsens in Q3, there may be more supportive policies.As long as you endure the real estate market's 'roller coaster', Longyi Beike will be fineNetEase (Minutes): Don't worry too much about the future PipelineAlibaba (Minutes): AI is a ten-year opportunity, takeout subsidies can replace marketing investment.AI needs a 'bloodletting' before revival, is Alibaba 'unwilling' to fight again?NetEase: From defense to offense? The older, the wiser!XPeng P7 facelift is "drop-dead gorgeous"; Alibaba draws its sword tonight, how will the answer sheet look? | Today's key news recapTENCENT (Minutes): AI will be prioritized for high-return advertising and top-tier gamesTencent: Investing wildly without hesitation, the stock king has been "scented" by AI!Is Tencent entering e-commerce ahead of 618? Focus on Tencent's earnings report|Today's important news recapSea(Minutes): Unable to provide full-year guidance for game revenue, e-commerce profit margin target is 2%~3% of GMVSea's Naruto IP Strategy: Can Blockbuster Gaming Results Maintain Longevity?JD.com (Minutes): Food delivery UE still hard to evaluate, average buyback price $37