The stock market faces callback pressure even after a record high

Tudor technology Jinduo reported on June 4

April factory orders in the United States and May car sales data are strong, but the stock market hit a record high callback callback investors are cautious. US stocks ended slightly lower on Tuesday, the Dow and the S & P 500 index ended the trend of three consecutive gains. Most of the Chinese concept stocks fell, Cheetah Mobile by earnings reports, plunged 15.95%, the stock price approaching the issue price.

Cheetah Mobile yesterday unveiled its unaudited first quarter earnings for the year ended 31 March 2014. Earnings report, Cheetah Mobile first quarter total revenue of 315.7 million yuan (about 50.8 million US dollars), an increase of 131.6%; net profit of 18.7 million yuan (about 3 million US dollars), down 35.9%.

Cheetah Mobile Mobile in the first quarter of the number of monthly active users increased by 385.6%, 33.9% increase over the previous quarter, as of March 31, 2014 to 222.5 million, higher than the end of the first quarter of 2013 45.8 million, and 2013 166.1 million at the end of the fourth quarter.

Cheetah Mobile expects its revenue for the second quarter of 2014 to be Rmb335mn to Rmb345mn, up 111% YoY to 117%. The above forecast reflects the company's initial and current views, the future may change.

Other active individual stocks performance

Easy car fell 11.57%, Vast slight decline 8.40%, blue flood communication fell 8.22%; Le Jixi up 4.50%. China concept stocks closed more Tuesday Tuesday as follows:

The above transaction price unit is US dollar; in a market value list, B represents one billion US dollars, M represents one million US dollars and K represents one thousand US dollars.