HK, US stocks top stories

The era of Berkshire Abel officially begins, with a nearly 2% drop during the first day's trading

Berkshire Hathaway's stock price fell on Friday as investors digested the official end of the legendary investor Warren Buffett's sixty-year tenure as CEO and the significant transition to his successor, Greg Abel, marking the beginning of a new era. Berkshire's stock opened lower, dipped nearly 2% during the day, and closed down 1.1%, underperforming the broader U.S. stock market

Tesla Deliveries Plummet: What You Need to Know

Tesla's fourth-quarter 2025 vehicle deliveries fell 15.6% to 418,227, marking an 8.6% decline for the year. Production also decreased, with 434,358 vehicles produced in Q4. The drop is attributed to weaker auto demand and the expiration of the U.S. clean-vehicle tax credit. Despite disappointing sales, Tesla's energy storage deployments reached a record 14.2 GWh. Investors are focusing on future catalysts like self-driving technology and the Robotaxi service, which could drive demand and revenue growth. The upcoming quarterly update on January 28 will be crucial for assessing these developments.

National Big Fund, major moves!

On January 2, 2026, SMIC agreed to issue 357 million shares to the National Integrated Circuit Industry Investment Fund, increasing its shareholding ratio from 4.79% to 9.25%. This transaction raised the National Integrated Circuit Fund's holdings in SMIC to 740 million shares. SMIC also introduced new investors to SMIC Southern through a capital increase agreement, with the National Integrated Circuit Fund's third phase increasing its investment by USD 1.832 billion. After acquiring SMIC Northern, SMIC became its wholly-owned subsidiary

Tesla's fourth-quarter delivery volume was 418,227 vehicles, falling short of expectations and significantly lagging behind BYD for the entire year

Tesla's fourth-quarter delivery volume decreased by 16% year-on-year to 418,227 vehicles, compared to an estimate of 440,907 vehicles. In contrast, BYD achieved growth in both fourth-quarter and annual sales of battery electric vehicles, with annual deliveries approaching 2.26 million electric vehicles, while Tesla delivered 1.64 million vehicles

Federal Reserve: U.S. bank deposits last week were $18.619 trillion, up from $18.542 trillion the previous week

On the first trading day of 2026, the Nasdaq Golden Dragon China Index initially rose by 4.3%, with a cumulative increase of 2.2% this week. Popular Chinese concept stocks performed strongly, with Baidu up 15%, Pony AI up 11.1%, WERIDE-W up 8.2%, NetEase up 7.2%, and Alibaba up 6.2%. Other companies such as New Oriental EDU & Tech, Xiaomi, JD.com, Meituan, Pinduoduo, Li Auto, and YUM China all saw increases within 5.3%

Meta Platforms vs. Pinterest: Which Social Media Stock Will Outperform in 2026?

Meta Platforms and Pinterest both faced volatility in 2025, with Meta gaining over 10% while Pinterest fell more than 10%. Pinterest showed strong revenue growth of 16% and significant improvements in user engagement and ARPU, particularly in international markets. Meanwhile, Meta's revenue growth accelerated to 26% in Q4, driven by AI enhancements. Both stocks are expected to perform well in 2026, but Pinterest is predicted to outperform due to its lower valuation and growth potential.

U.S. stock market early trading: Nasdaq up 1%, China concept index up nearly 3%, Baidu up about 11%, Tesla up about 2%

The Dow Jones rose by 0.2%, and the S&P 500 index rose by 0.5%. Chinese concept stocks generally rose, with Baidu up about 11%, Alibaba up about 4%, and NIO up about 4%. Technology stocks generally rose, with Tesla up about 2% and Micron Tech up about 5%

Tesla's fourth-quarter delivery volume was 418,227 vehicles, estimated at 440,907 vehicles

Tesla's fourth-quarter delivery volume was 418,227 vehicles, estimated at 440,907 vehicles. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account individual users' specific investment goals, financial conditions, or needs. 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

Goldman Sachs hedge fund head: US stocks in 2025 will be "very good," and the market will be even more "wild" in 2026

In 2026, the market faces higher stakes: historically high price-to-earnings ratios, extremely narrow corporate credit spreads, ever-expanding sovereign debt, and astronomical AI capital expenditures

Labubu's price has collapsed, but Wang Ning is smiling

The price of Labubu has significantly dropped over the past year, with the average price in the second-hand market falling from 1,478 yuan to 632 yuan, and some styles even below the original price. Resellers indicate that the current market environment is not as favorable as last year, with profits greatly reduced, and the current earnings are just small change. Although some blind boxes still have a six-fold premium, the current situation is disappointing compared to the high prices a few months ago

Samsung Electronics surged 7%, with the CEO declaring, "Samsung is back," as HBM4 regains customer trust

Driven by positive statements from the company's senior management regarding the regained customer recognition of HBM4 (fourth-generation high bandwidth memory) business, Samsung Electronics' stock price surged 7.2% on Friday, reaching a record closing high, which propelled the Korea Composite Stock Price Index to rise 2.3%, breaking the 4,300-point barrier for the first time in history

U.S. stock futures rise, gold and silver lead the rebound in precious metals, and the dollar weakens

The MSCI Asia-Pacific Index rose by 0.5%, directly driving the Nasdaq 100 futures up by 0.58% during the Asian session, while the S&P 500 futures followed with a gain of 0.39%. The precious metals market also strengthened, with spot gold rising by 1% during the day and stabilizing above USD 4,350 per ounce. The US dollar index continued its worst annual performance since 2017, slightly declining during the day

On the first trading day of the New Year, Hengke rose over 3%, BIREN TECH surged nearly 120%, Baidu jumped 7%, and the Renminbi continued to strengthen

As of the midday break, the Hang Seng Index rose by 2.18%, with the market's half-day trading volume reaching HKD 76.869 billion. "The first GPU stock in Hong Kong," BIREN TECH, once surged over 118% during the session, narrowing its gain to 73% by the midday break. Baidu's stock price soared over 7% after the company announced the spin-off of its AI chip company Kunlun Core for a listing in Hong Kong. The offshore RMB briefly broke the 6.97 mark, reaching a new intraday high since May 2023

HK market off to a roaring start; BIDU's Kunlun Chip gears up for HK IPO | Daily News Recap

0102 | Dolphin Research Key Watch: 🐬 Macro/Industry. 1) As the new year begins, major NEV makers released Dec 2025 delivery data to close out the year.BYD sold 420.4k units in Dec, with 4.6mn units for the full year, retaining the industry lead. Leapmotor delivered 60.4k in Dec (+42% YoY), and nearly 600k for the year, doubling YoY.Xiaomi deliveries topped 50k for the first time, with the YU7 model standing out. Nio delivered 48.1k, a new monthly high. Li Auto delivered 44.2k in Dec...