HK, US stocks top stories

UOB soars over 3% to hit record as OCBC also hits a high; STI jumps 1%

Shares of UOB and OCBC Bank reached record highs on January 23, with UOB rising 3.1% to S$38.79 and OCBC up 2.7% to S$21.14. This surge contributed to a 1% increase in the Straits Times Index (STI), which hit a new peak of 4,876.03 points. The rise followed a 2.3% increase in UOB shares the previous day, aided by a rebound in Asian markets and an upgrade from Macquarie analysts.

TikTok reaches deal for new US joint venture to avoid American ban

TikTok's parent company, ByteDance, has established a majority American-owned joint venture, TikTok USDS Joint Venture LLC, to prevent a U.S. ban on the app. This agreement allows American and global investors, including Oracle and Silver Lake, to own 80.1% of the venture, while ByteDance retains 19.9%. The move aims to enhance data privacy and cybersecurity for U.S. users, following years of regulatory challenges since 2020.

AH shares fluctuated higher, the photovoltaic sector surged, triggering a wave of limit-up stocks, precious metals rose sharply again, Alibaba increased by over 3%, and metal futures rallied across the board

The precious metals concept has repeatedly strengthened, with Baiyin Nonferrous achieving a 4-day limit up, and Yuguang Gold&Lead, China Gold, SC GOLD, SDR, and XINGYE SILVER&TIN among the top gainers. The photovoltaic concept has exploded across the board, with the space photovoltaic sector leading the rise. Drinda has achieved a 2-day limit up, and GCLSI, JINCHEN MACHINERY, MYSE, TOPRAYSOLAR, and many other stocks have hit the limit up, while Longbridge, Maxwell, and Risen Energy have risen over 10%

Only half an hour! Claude Code "ends" NVIDIA's "strongest moat"?

On January 22, a user disclosed on the social platform Reddit that he used Claude Code to port the entire CUDA backend to AMD's ROCm platform. However, industry insiders pointed out that this achievement may only be applicable to simpler kernel code. For codebases that require deep hardware optimization and complex contexts, the porting capabilities of AI tools still face significant limitations

Musk "designates" space photovoltaics: 100GW in 3 years, the optimal energy solution, 5 times the efficiency crushing

Elon Musk announced at the Davos Forum that SpaceX and Tesla will build 100GW of photovoltaic capacity in the United States, believing that photovoltaics is the best energy solution for space exploration, with an efficiency five times that of Earth. He predicts that space photovoltaics will become the main line of the future new energy power industry, emphasizing its uniqueness and urgency, and believes that photovoltaics is a reliable solution for long-term power supply for spacecraft

Behind SanDisk's Surge: Three Catalysts Resonating, NAND Becomes a "Necessity," AI Reassesses Storage Value

Jensen Huang ignited the first spark, systematically proposing the concept of ICMS and providing a clear judgment: context is becoming the new bottleneck for AI, rather than computing power itself, which creates new application scenarios for NAND; DeepSeek Engram has verified at the model level that NAND can serve as "slow memory." Meanwhile, ClaudeCode has amplified the rigid demand for long-term storage at the application level

Hold steady! The Bank of Japan maintains interest rates, with one member supporting a rate hike

The Bank of Japan maintained its policy interest rate at 0.75% on Friday, in line with market expectations, but raised its medium- to long-term inflation forecasts. The rate decision was passed with a vote of 8 to 1. Committee member Takeda voted against, proposing to raise the rate from 0.75% to 1.0%, believing that the price stability target has been largely achieved

Capital rotation drives the US dollar weaker, Asia-Pacific stock markets rise broadly, gold approaches the 5000 mark, and silver touches the 99 level

Global funds are accelerating their inflow into more attractively valued Asian markets. On Friday, the Asia-Pacific stock markets generally rose, with the MSCI Asia-Pacific Index up 0.5%. Chip stocks performed prominently, and the South Korean Composite Index broke through 5,000 points, reaching new highs. Analysts believe that due to uncertainty in U.S. policies, funds are shifting from overvalued U.S. stocks to Asia, driving the U.S. dollar weaker. Precious metals surged strongly, with spot gold breaking through $4,960 per ounce to reach a historic high, and silver touching the $99 mark

The Bank of Japan maintains the policy interest rate at 0.75%, in line with expectations

The Bank of Japan maintains the policy interest rate at 0.75%, in line with expectations. Risk warning and disclaimer: The market carries risks, and investments should be made cautiously. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

The electrification of commercial vehicles has entered a singularity moment

Penny-pinching

Overlooked Opportunity? Goldman Sachs: The Market Seriously Underestimates the Explosive Potential of European Data Centers

Goldman Sachs believes that driven by multiple factors such as the demand for AI computing power, localization of cloud computing, and significant improvements in the policy environment, the construction of data centers in Europe may exhibit distinct characteristics of being advanced and concentrated. At the same time, Goldman Sachs stated that accelerating the construction of renewable energy and new gas power plants typically requires a construction cycle of 3 to 5 years. During this period, the increase in electricity demand from data centers will first tighten the electricity markets across Europe, thereby temporarily boosting the profitability of traditional gas power plants

Tesla Robotaxi milestone: "True autonomous driving" hits the road in Austin

Tesla has taken a key step in the commercialization of autonomous driving by starting to offer a paid Robotaxi service without safety drivers in Austin, Texas. Tesla's AI head Ashok Elluswamy stated that the company will adopt a gradual deployment approach. Over time, the proportion of unsupervised vehicles will gradually increase

Intel conference call: CPU demand surges but there are orders without inventory! CEO admits that inventory is depleted and yield rates are below standard, "I am very disappointed that we cannot meet the demand."

Intel's Q4 performance exceeded expectations, but weak guidance for Q1 led to a sharp decline in stock prices. CEO Chen Liwu admitted, "I am very disappointed that we cannot fully meet market demand." Despite strong demand for AI, particularly the critical role of CPUs in AI inference and orchestration driving a surge in orders from hyperscale cloud providers, the company is facing severe supply bottlenecks, with buffer inventory depleted, "orders without goods," and manufacturing yields not yet meeting internal standards

Cryptocurrency market sentiment indicator! BitGo surged 25% on its first day of listing

Cryptocurrency infrastructure company BitGo went public on the New York Stock Exchange on January 22, soaring 25% on its first day before retreating to a closing price of $18.49, with a market capitalization of $2.1 billion. Despite the U.S. Senate delaying the vote on cryptocurrency legislation, founder Belshe remains optimistic about the regulatory environment improving, believing that this year will be "an incredible year."

The world's largest IPO is coming? SpaceX selects Goldman Sachs and three other major investment banks as underwriters

According to the Financial Times, citing informed sources, SpaceX executives have met with bankers from Bank of America, Goldman Sachs, JP Morgan, and Morgan Stanley in recent weeks, selecting these four Wall Street investment banks as lead underwriters. It has been reported that other banks may also secure a place in this listing, which has not yet been finalized

U.S. Secretary of Commerce Gina Raimondo: Our GDP growth rate will exceed 5% this quarter