HK, US stocks top stories

Atlanta Federal Reserve President Bostic (2027 FOMC voting member): Although it is difficult to draw conclusions, the inflation situation is more concerning than the labor market

Atlanta Federal Reserve President Bostic (2027 FOMC voting member): GDP growth is solid and is expected to continue in 2026

Google releases the more efficient Gemini 3 AI model

Google released the more efficient Gemini 3 AI model. Risk Warning and Disclaimer: The market has risks, and investment requires caution. 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 align with their specific circumstances. Investing based on this is at one's own risk

U.S. Treasury Secretary Basant: Any concerns that Hassett "might" serve as Chairman of the Federal Reserve are "absurd."

Challenge OpenAI for months! Google releases the more efficient Gemini 3 Flash, the default model for apps, enhancing search capabilities upon launch

In the benchmark test assessing agent programming capabilities, Gemini 3 Flash scored even higher than Gemini 3 Pro. The new Flash model maintains reasoning capabilities close to Gemini 3 Pro while achieving a speed three times that of Gemini 2.5 Pro, at only a quarter of the cost of Gemini 3 Pro; priced at $0.50 per million input tokens and $3.00 per million output tokens, slightly higher than Gemini 2.5 Flash, but outperforms 2.5 Pro with a speed three times that of the latter

AI demand ignites a "rush for orders"? Micron's earnings report preview: customers scramble for 2027 capacity, profits expected to double

Against the backdrop of AI driving a surge in storage demand, the market expects Micron's fiscal first-quarter performance to grow significantly, with the supply-demand imbalance of DRAM and NAND strengthening pricing power. Several investment banks have raised their target prices, but the company's stock price has seen a pullback ahead of the earnings report, with options indicating increased volatility. Micron's exit from the consumer business and focus on high-margin data centers is seen as key to medium- to long-term growth

US STOCKS SNAPSHOT-Wall St subdued at open as investors eye policy outlook; Oracle slides

Dec 17 (Reuters) - Wall Street’s main indexes were subdued at the open on Wednesday as investors searched for fresh clues to gauge the outlook for monetary policy, while caution lingered following reports of funding hurdles for Oracle’s data center plans.The Dow Jones Industrial Average (.DJI) rose 13.8 points, or 0.03%, at the open to 48,128.05. The S&P 500 (.SPX) rose 2.6 points, or 0.04%, to 6,802.88​, while the Nasdaq Composite (.IXIC) rose 24.1 points, or 0.10%, to 23,135.609.

Chinese concept stocks Baidu rose 2.4%, Alibaba rose 0.9%

According to data from the Federal Reserve Bank of New York, the secured overnight financing rate (SOFR) on December 16 was 3.69%, down from 3.75% the previous day. The effective federal funds rate was 3.64%, unchanged from the previous day

Warner Bros.: Advises shareholders to reject Paramount's "inferior" acquisition, board unanimously supports Netflix's proposal

The Warner Bros. board has raised serious concerns about the financing security of Paramount, stating that the $40.7 billion equity commitment from the Larry Ellison family is backed by "an opaque revocable trust," and that the relevant documents "contain loopholes and limitations, posing risks to shareholders and the company." In contrast, Netflix has addressed every concern raised by the board

Investing 21 million yuan, CZBANK executives' excessive shareholding

On December 17th, CZBANK announced that its management team has exceeded the shareholding increase plan. As of the previous day's closing, the bank's directors, supervisors, and senior executives have cumulatively…

Federal Reserve's latest survey: Corporate CFOs expect U.S. prices to rise by 4.2% next year, with tariffs remaining the biggest concern

The latest survey shows that U.S. CFOs expect prices to rise by 4.2% in 2026, significantly higher than the Federal Reserve's assessment of inflation falling to near 2%. Tariffs and rising costs are seen as major drivers, with inflation expectations on the corporate side being more sticky. Meanwhile, business confidence has declined, and companies hold only a moderate growth outlook for the economy, with the risk of sustained high inflation increasing

The 2025 New Fortune Best Analyst List is out! GF Securities' Guo Lei team wins the macro champion again, and GF Securities' Liu Chenming team ranks first in strategy (complete list attached)

In the field of fixed income research, HTSC's Zhang Jiqiang ranks first, and the team has maintained the top position for seven consecutive years since 2019. In terms of individual awards, Zheshang Securities' Qiu Guanhua received the Master Analyst award, while Changjiang Securities' Wu Bohua and Guolian Minsheng Securities' Guan Quansen received the Hundred Star Analyst award

CICC's trillion yuan merger "kickoff"

CICC absorbs and merges Dongxing and Cinda, outlining a new trillion-yuan brokerage profile with share exchange pricing and structural arrangements

OpenAI expert Yao Shunyu appointed as Chief AI Scientist at Tencent

OpenAI scientist Yao Shunyu has joined Tencent as Chief AI Scientist, responsible for the AI Infra Department and the Large Language Model Department, reporting to Tencent President Liu Chiping and President of the Technology Engineering Group Lu Shan. Tencent announced an architectural upgrade to its internal large model research and development system, establishing the AI Infra Department, AI Data Department, and others. Yao Shunyu's addition will drive transformation in the field of large language models in China