<p>The situation in the Middle East continues to cause significant fluctuations in oil prices. On Tuesday, U.S. Secretary of Energy Jennifer Granholm posted on social media that the U.S. Navy successfully escorted an oil tanker through the Strait of Hormuz, but the post was deleted shortly after; White House spokesperson John Kirby also stated that the U.S. did not escort any vessels. On the other hand, former President Donald Trump demanded that Iran clear any possible mines that may have been laid, or face unprecedented military consequences.</p><h2>IEA Reportedly to Release Largest Oil Reserves in History</h2><p>Additionally, according to a report by The Wall Street Journal, the International Energy Agency (IEA) has proposed the largest oil reserve release plan in history, with countries expected to make a decision on the plan on Wednesday (11th). As a result of this news, international oil prices plummeted, with Brent crude oil falling over 4% to $87, and WTI crude oil dropping over 3% to $83.7.</p><p>The three major U.S. stock indices performed steadily on Tuesday, with the Dow Jones closing down 34 points or 0.07% at 47,706 points; the S&amp;P 500 fell 14 points or 0.21% to 6,781 points; and the Nasdaq slightly rose by 1 point or 0.01%. The Golden Dragon Index, which reflects the performance of Chinese concept stocks, rose 1.96% to 7,222 points on Tuesday.</p><h2>Tencent Reportedly Secretly Developing WeChat AI</h2><p>In Hong Kong stocks, the Hang Seng Index opened 153 points higher at 26,112 points this morning. Amid the &#34;lobster craze,&#34; tech stocks generally performed well, with Tencent (700) reportedly secretly developing a WeChat AI, planning to launch it to all users in the third quarter of this year. The stock opened at HKD 578, rising over 4%. Baidu (9888) will open a &#34;Lobster Market&#34; outside the K1 gate of Baidu Technology Park at 11 a.m. today (11th), where the company's engineers will provide &#34;one-stop&#34; services on-site, with the stock opening up nearly 2%.</p><p>Among other tech stocks, Alibaba (9988) rose over 1%; Meituan (3690) slightly increased by less than 1%; JD.com (9618) rose 0.4%; and Xiaomi (1810) remained unchanged. As for the two major AI-related new stocks, MINIMAX (100) opened down over 3%, and Zhipu (2513) also fell 3%.</p><h2>Health 160 Deploys &#34;Medical Digital Employees&#34;</h2><p>In individual stock news, Health 160 (2656) announced the gradual deployment of a &#34;medical digital employee&#34; system for medical institutions, promoting the application of AI entities represented by OpenClaw in medical scenarios, with the stock opening up 2%.</p><h2>Nio Turns Profit for the First Time in a Quarter</h2><p>In terms of earnings, Nio (9866) reported an adjusted net profit of RMB 727 million in the fourth quarter of last year, marking its first profitable quarter, while recording an adjusted net loss of RMB 6.622 billion in the same period of 2024. The stock opened at HKD 43.86, rising 14%.</p><p>Related article: Nio Reports Adjusted Profit of RMB 730 Million in Fourth Quarter, First Time Turning Profit, Expects First Quarter Revenue to More Than Double</p><h2>Wugu Mofang Issues Earnings Surprise</h2><p>Wugu Mofang (1837) issued an earnings surprise, expecting last year's net profit to be between RMB 260 million and RMB 265 million, a year-on-year increase of 38% to 41%. The stock opened at HKD 1.29, rising over 14%Related articles: Earnings surprise stocks expect increased dividends | Tang Niu</p><h2>Guofu Hydrogen Energy to issue shares at a 12% discount</h2><p>On the other hand, another listed company is raising funds through a share placement. Guofu Hydrogen Energy (2582) plans to place 4.909 million shares, raising approximately HKD 150 million, which corresponds to 4.84% and 3.88% of the enlarged issued H shares and total shares, respectively. The placement price per share is HKD 31.07, a discount of 12.3% compared to the previous closing price of HKD 35.42. The stock opened at HKD 33, down over 6%.</p><p>Regarding the northbound capital flow, there was a net sell of HKD 17.953 billion in Hong Kong stocks yesterday, but Tencent (700), Alibaba (9988), and Yangtze Optical Fibre and Cable (6869) saw net purchases of HKD 3.648 billion, HKD 1.332 billion, and HKD 151 million, respectively; while the Tracker Fund of Hong Kong (2800), Hang Seng China Enterprises (2828), and Southern Hang Seng Technology (3033) experienced net sells of HKD 13.556 billion, HKD 5.379 billion, and HKD 3.571 billion, respectively</p>

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<p>International oil prices plummeted sharply due to fluctuations in the Middle East situation, with Brent crude oil falling over 4% to $87, and WTI crude oil dropping over 3% to $83.7. The U.S. Secretary of Energy stated that the news of escorting oil tankers was deleted, and Trump warned Iran. The Hang Seng Index opened up 153 points, with Tencent's stock price rising over 4% due to the development of WeChat AI. Other tech stocks performed well, with Alibaba and Meituan slightly up. Health 160 announced the deployment of a medical digital employee system</p>

- Oil prices are experiencing significant fluctuations due to geopolitical tensions in the Middle East, with news of U.S. naval escorts for a tanker being disputed.  
- The International Energy Agency (IEA) is reportedly planning the largest-ever release of oil reserves, leading to a drop in Brent crude prices by over 4%.  
- In stock markets, major indices showed stability, while tech stocks in Hong Kong gained, with Tencent reportedly developing an AI feature for WeChat, and Nio reporting a profitable fourth quarter.

Stheadline

iShares US Oil & Gas Expl & Prod

SPDR O&G Ex & Prd

Us Brent Oil

TENCENT

VanEck Oil Services ETF

ISHRS S&P Glb Engy

Tencent

United States Oil Fund LP

International oil prices plummet, Hang Seng Index opens up 153 points, Tencent reportedly developing WeChat AI smart body, stock price rises over 4% | Hong Kong stock market opens