Hong Kong Stock Market Midday Review: Hang Seng Index closed up 0.65% in the first half of the day, with pharmaceutical and biotechnology concept stocks risingAltman talks about OpenAI's latest direction: enterprise API revenue has surpassed consumer terminals, a new model will be released in the first quarter of next year, and computing power determines the revenue ceiling9:0 unanimous approval! The Bank of Japan raised interest rates by 25 basis points as scheduled: further rate hikes will continue if economic and price outlooks are realizedThe relative value of REITs and real estate service stocks in 2026 "layered" Federal relies on capital circulation favored by Morgan StanleyCMS: The Federal Reserve enters a rate-cutting cycle, seizing investment opportunities in the tool industryGuolian Minsheng Securities: November US CPI exceeded expectations, re-evaluating the interest rate cut path?Memory increased by 50%! NVIDIA RTX PRO 5000 72GB BLACKWELL GPU "fully launched"Tesla Cybertruck secures major investor! Rumors of a big order from SpaceX ignite the growth narrative of the "cyber electric pickup truck."Guotai Junan Securities: Maintain Tencent Holdings "Outperform" rating, driven by overseas cloud and gaming dual engines, AI empowerment builds new growth engineAfter Hainan's closure: CTG DUTY-FREE's new cycle and protracted battleJapan's core CPI in November remains at a high of 3.0%, exceeding the standard for 44 consecutive months, solidifying the central bank's interest rate hike pathUnderstanding the Market | XPENG-W opened nearly 3% higher, expected to achieve mass production of the second-generation VLA with L4 capabilities in the first quarter of next yearOpen Source Securities: Google's AI ecosystem continues to improve, firmly optimistic about the three core main lines of "light, liquid cooling, and domestic computing power."China Galaxy Securities: Google will launch TPUv7, reshaping the AI chip competitive landscapeWith gas turbines and cooling knowledge, oil service companies are entering the AI data center marketU.S. stock night market | Coreweave continues to rise nearly 6%, will join the U.S. artificial intelligence "Genesis Project"The 2026 European interest rate scenario is preliminarily unveiled: Nordic stability takes precedence, and the European Central Bank's next step may be to raise interest ratesRaising up to $100 billion, with a valuation potentially reaching $830 billion, expected to be completed as early as Q1 next year! More reports reveal the latest financing details of OpenAITech giants respond collectively! Microsoft, Google, and 24 other companies join the U.S. "Genesis" AI initiative$2.1 billion acquisition of an insurance company, Ackman replicates "Berkshire Hathaway"Breakfast | US CPI data unexpectedly slows down, three major indices rise, the seven tech giants lead the gains, Tesla rises over 3%The Federal Reserve rescinds the restrictive policies of 2023, easing the stringent restrictions on "new" cryptocurrency activitiesFederal Reserve's Goolsbee: November inflation report is "noteworthy," rate cuts still require more data supportCICC: The US November CPI significantly lower than expected, still maintains the judgment that inflation will peak in the first quarter of next yearSilver "overbought" at an all-time high!Overnight news on December 19: U.S. stocks closed higher, Micron's earnings report and CPI data boosted market confidence, Lutnik is under scrutiny, and Musk's premium on Tesla is attracting attentionMultiple banks lower USD deposit interest ratesMeta was reported to release new image and video AI models in the first half of next year, researching and developing world modelsReminder: Please pay close attention to the following (all times are in Beijing time)Is the strongest annual return in the past five years in sight? Can the bond market bull market continue until 2026?U.S. November inflation "distorted," economists point to unreliable statistical methodsTop 20 U.S. stock trading volumes on December 19: Micron's financial report shows strong demand for its memory chipsGold surged and then retreated on the day the U.S. CPI inflation data was released, briefly approaching the historical high set in OctoberThe most popular candidate for Federal Reserve Chair, Hassett: The CPI report is surprisingly good, and the Federal Reserve has a lot of room to cut interest ratesThe euro and the pound surged and then retreated on the central bank decision dayThe 10-year U.S. Treasury yield fell by about 4 basis points, hitting a daily low near 4.1% as the U.S. CPI inflation data was releasedThe US dollar index showed a W-shaped trend before and after the release of the US CPI dataDon't celebrate too early about the cooling of U.S. CPI: Economists suspect that the government shutdown has led to data distortion, and some point out obvious errorsFull of controversy but still approved: Michigan grants power supply for Oracle and OpenAI super data centerMicrosoft, Google, and 24 other companies join the U.S. government's artificial intelligence "Genesis Mission"Economists: Thanksgiving sales + Trump government shutdown may distort U.S. CPI dataThe 10-year German bond yield surged and then retreated on the day of the European Central Bank's decisionLagarde hints that the ECB is not in a hurry to act: policy is in a favorable position, no preset interest rate path, all options should be considered