The Hang Seng Index opened 74 points higher, KUAISHOU-W fell over 3%, HANXBIO-B debuted with a drop of 10%, and NobiKan surged 300% | Hong Kong stock market opening

Federal Reserve Board member Milan stated that if interest rates are not further reduced next year, there may be a risk of recession, stimulating market expectations for rate cuts; on the other hand, the geopolitical tensions between the United States, Iran, and Venezuela have led to a flow of funds into the precious metals market, driving gold and silver to new highs, with spot gold reaching a new high of $4,470 and silver breaking through the $69 mark, currently reported at $69.18.Nvidia Reportedly to Supply H200 Chips to China Next YearThe three major U.S. stock indices performed well on Monday, with the Dow Jones rising 227 points or 0.47%, reporting at 48,362 points; the S&P 500 rising 43 points or 0.64%, reporting at 6,878 points; and the Nasdaq rising 121 points or 0.52%, reporting at 23,428 points. As for the Golden Dragon Index, which reflects the performance of Chinese concept stocks, it rose 0.58% to 7,683 points on Monday.Among the focus stocks, Nvidia (NVDA) is reportedly set to supply H200 artificial intelligence chips to China before mid-February next year, currently awaiting approval from China, with the stock rising 1.5% to $183.69. Additionally, Google's parent company Alphabet (GOOGL) will acquire data center and energy infrastructure company Intersect for $4.75 billion in cash, while also assuming its related debts; the stock rose 0.85% to $309.78.High Gold Prices Boost Gold-Related StocksIn the Hong Kong stock market, the Hang Seng Index opened 74 points higher this morning, reporting at 25,875 points. Tech stocks showed mixed developments, with Alibaba (9988) rising 0.2%; Tencent (700) falling 0.2%; Meituan (3690) rising 0.9%; JD.com (9618) rising 0.4%; and Xiaomi (1810) falling 0.3%.Moreover, gold-related stocks rose, with Shandong Gold (1787) rising 3.2%; Lingbao Gold (3330) rising 2.5%; Zijin Mining International (2259) rising 2.5%; and Zijin Mining (2899) rising 1.2%.KUAISHOU Platform Attacked by Black and Gray IndustriesIn individual stock news, KUAISHOU (1024) platform has seen a large amount of pornographic content, with the company responding that around 10 PM that night, the platform was attacked by black and gray industries, and it is currently under urgent repair. The company stated that it firmly opposes illegal content, and the situation has been reported to the relevant departments and the police. The stock opened at $64.5, down 3.3%.HANXBIO-B Public Offering Oversubscribed 3,073 TimesIn new stocks, HANXBIO-B (3378) recorded a 3,073 times oversubscription in its public offering, with a 1% chance of winning a lot, and the international offering oversubscribed over 4 times, opening at $28.9, down 9.7%.Relax Health Public Offering Oversubscribed 1,420 TimesRelax Health (2661) recorded over 1,420 times oversubscription in its public offering, with a 6% chance of winning a lot, and the international offering oversubscribed nearly 2 times, opening at $50, up 120%NobiKan's Public Offering Oversubscribed 187 TimesNobiKan (2635) recorded an oversubscription of over 187 times for its public offering, with a 3% chance of winning one lot. The international offering was oversubscribed by 1 time, opening at HKD 319.8, a rise of 300%.Regarding the movement of northbound capital, there was a net purchase of HKD 3.126 billion in Hong Kong stocks yesterday, with SMIC (981), Xiaomi (1810), and Tencent (700) receiving net purchases of HKD 731 million, HKD 687 million, and HKD 597 million respectively; while China Mobile (941), Alibaba (9988), and Pop Mart (9992) faced net sales of HKD 579 million, HKD 520 million, and HKD 25.45 million respectively