Turning profit into loss! Li Auto's Q3 revenue fell by 36% year-on-year, with a net loss of 624 million yuan, and the Q4 guidance is nearly 30% lower than expected | Earnings report insightsA drone severed an internet cable, FAA launches investigation into Amazon's "air delivery"The Ministry of Industry and Information Technology and five other departments: orderly development of new business formats such as live e-commerce and instant retail, promoting the application of artificial intelligence across the entire industry and process of consumer goodsJIUTAI RCB bids farewell to the Hong Kong Stock ExchangeQuestioned for financial fraud? NVIDIA rarely issues a strong rebuttalLi Auto's third-quarter revenue was 27.4 billion yuan, estimated at 26.62 billion yuanSchroders released its top ten investment market predictions for 2026, optimistic about U.S. stocks, gold, and Asian technology stocksHong Kong stock market closing (11.26) | Hang Seng Index rose by 0.13%, Meituan-W increased by over 5%, Alibaba-W fell nearly 2% after earningsPlummeting 40%! SoftBank becomes the barometer for the "OpenAI chain"Meituan's Stock Rallies Strongly; Li Auto Announces AI Glasses Entry | Today's Important News RecapNew Stock Dark Market | Quantitative Trading Dark Market Soars Over 201% at the Start, Earning HKD 9,850 per LotJP Morgan strategists expect the S&P 500 index to rise by about 11% by the end of 2026Interest rate cut expectations rise, global stock markets surge, the US dollar weakens, gold, silver, and oil collectively rise, and cryptocurrencies reboundThe Federal Reserve's interest rate cut expectations rise, and gold prices hit a two-week highMorgan Stanley: The growth logic of Alibaba Cloud is "intact," and the market has not fully priced it inThe rise of Google TPU chips, should NVIDIA be worried in the short term?As Tesla's sales in Europe deteriorate, Musk accelerates the expansion of autonomous driving, with the Austin Robotaxi fleet set to doubleAnother giant lays off employees due to AI! HP plans to reduce 10% of its workforce by 2028Target price directly points to $352! Evercore strongly supports NVIDIA: revenue growth rate will soar to 79%Codelco raises annual premium as the US dollar weakens, copper prices continue to riseElon Musk stated that the number of Robotaxis in Austin will increase by about double next monthMeta is reported to be considering using Google's TPU, Bank of America: NVIDIA's commercial GPU advantage is still hard to shake, reiterating a "Buy" rating"Crypto Treasury" myth shattered? Stock price and cryptocurrency price both plummet, company forced to sell off crypto assetsTaobao Flash Sale has moved out of the peak investment phase, will Q4 focus on reducing losses?Hong Kong Investment Fund Association's Chow Kin-hung: The expectation of interest rate cuts in the U.S. is favorable, prompting investors to accelerate their allocation to bond and equity fundsHedge Fund "Short to Long": U.S. stocks net buying in two days hits a six-month high, tech stock shorts are aggressively covered"Trump's confidant" Hassett leads the race for Federal Reserve Chair, and the market sees Bernanke's shadowThe sharpest spear in the offensive of AI in the Hong Kong stock marketThe U.S. Medicare announced a reduction in prices for 15 drugs, with semaglutide slashed by 71%How did Google achieve "AI counterattack"? CEO Pichai discusses Gemini 3, Vibe Coding, and AI full-stack strategyHong Kong Stock Midday Review | Hang Seng Index rose 0.46% in the morning session, Meituan leads blue chipsWhere has the AI "bubble" reached?Western Securities: The valuation and profitability of the chemical industry have both bottomed out, with high-performance new materials becoming the core of growthCITIC International: Alibaba-W's core business remains strong, maintaining a "Buy" ratingDell (Minutes): The company's value lies in the overall solutions at level L11 and above.Japanese chip manufacturer Rapidus plans to build a 1.4-nanometer wafer factory to accelerate its catch-up with Taiwan SemiconductorUnderstanding the Market | YOFC rose nearly 7% as Google TPU chips attract attention; institutions optimistic about AI-driven growth in data communicationThe collapse of cryptocurrencies drags down the short-term outlook for the US IPO marketUnderstanding the Market | Alibaba-W fell over 2% intraday, with adjusted net profit for the second fiscal quarter down 72% year-on-yearShenwan Hongyuan: Maintains "Buy" rating on XPENG-W, Q3 meets expectations, fully transforms into an AI companyUnderstanding the Market | MEITUAN-W rose nearly 7% in early trading, Alibaba stated that its investment in Taobao Flash Sale is expected to significantly shrink next quarterTencent's Mix Yuan 3D Creation Engine Launches International SiteApple reclaims the global smartphone throne after more than a decade, defeating old rival SamsungCICC: Maintains Alibaba-W outperform industry rating with a target price of HKD 197Goldman Sachs launches "The Most Important Trade of 2026": AI Productivity Beneficiary Portfolio