The yield on the 10-year Treasury bond has recorded the largest annual increase in 31 years! Amid escalating fiscal concerns, it may become a "gray rhino" for the market in 2026POP MART's craze cools down: scalpers stop hoarding, Labubu's premium myth is collapsingUnderstanding the Market | INNOSCIENCE surged nearly 15% in the closing hours as NXP and TSMC plan to shut down GaN production capacity, with NVIDIA leading the power supply architecture revolutionHong Kong IPO market ends strongly: six mainland companies listed together, raising USD 900 million in a single dayThe logic of commodities will change in 2026! UBS: "Emotional speculation" will fade, and dominance will return to fundamentalsGoldman Sachs supports the narrative of a "soft landing" for the U.S. economy: "Dissipation of tariff headwinds + tax cuts + interest rate reductions" drives growth with three favorable windsHong Kong Stock Midday Review: Hang Seng Index closed up 0.44%, semiconductor stocks continued yesterday's strong performanceUBS: NVIDIA collaborates with Groq on $20 billion LPU technology to seize new opportunities in AI high-speed inference3 auditors changed within 6 weeks! "Trump's cryptocurrency assets" Alt5 Sigma in financial trouble?The AI pharmaceutical company praised by Jensen Huang, INSILICO, today IPOs on the Hong Kong stock marketUsing history as a reference, has gold "overheated"?Chinese background AI dark horse Manus acquired by Meta may become Zuckerberg's first "revenue-generating tool" for the $600 billion AI infrastructureNew Stock Debut | Multiple Hong Kong stocks listed today, INSILICO opened 45% higher in early tradingSilver plummets, traders search for reasons, Goldman Sachs Asia trading desk: "No conclusive evidence"China Galaxy Securities: Pet food export average price hits a new low, emphasizing balanced opportunities in the pig farming industry$4 billion, 15% premium! Masayoshi Son acquires American data center operator DigitalBridge, which was founded by Trump alliesNext week, the "Technology Spring Festival Gala" CES will open, and NVIDIA and others need to prove to the market that AI can drive salesWhen Quantitative Investing Becomes the New Trend for Institutional InvestorsGeneral Motors leads the U.S. stock car market in 2025: stock price skyrockets 55% to set a record, surpassing Tesla and FordPowell's "stay or go controversy" resurfaces! As the countdown for the Federal Reserve's leadership change begins, Trump states: he may still fire PowellWhat are the odds of copper? Starting from the extreme copper-gold ratioFounded in less than 3 years, acquired by Meta for billions of dollars! Manus has become a "new benchmark for entrepreneurship in China in the AI era.""Global AI Summit" NeurlPS 2025 Top 50 Paper Contributors: China and the United States are "equally matched"Is the New Year rally over? Investors "take profits," gold and silver plummetBreakfast | Three major indices fell, most large tech stocks adjusted, Tesla dropped over 3%The volatility of U.S. Treasuries is about to record the largest annual decline since 2009. Is the "anchor of global asset pricing" heading towards a downward trajectory?Gold and silver plummet, but history favors silverMeta will acquire the startup Manus to enhance advanced artificial intelligence capabilitiesReminder: Please pay close attention to the following (all times are in Beijing time)Foreign institutions are hotly discussing the "opportunity period" for Chinese assetsTrump: Considering suing Powell for incompetenceTrump: Considering suing Powell for "serious dereliction of duty," candidate for the next Federal Reserve Chairman may be announced in JanuaryEvercore gives a bullish outlook for Amazon in 2026Cathie Wood sold $30 million worth of Tesla sharesThe volatility of U.S. Treasuries may see the largest annual decline since 2009Amazon's stock price may surge nearly 50% by 2026U.S. November existing home sales contracts hit a new high since the beginning of 2023The China Concept Index fell 1.3% in early trading, with Alibaba down 2.9% and XPeng down 2.7%After repeated delays of the Cybertruck, Tesla drastically reduced orders for high-nickel battery materials, with the supply contract from South Korea's L&F shrinking by 99%The interest rate cut cycle impacts, U.S. private credit listed funds face their worst performance in five yearsNVIDIA pre-market down 1%No one is bearish! Wall Street unanimously expects US stocks to continue rising in 2026, but senior strategists are concerned about the consensusOpenAI partners with Amazon, while Microsoft is buying the Anthropic model... The nine major AI giants in 2025 are in a complete messWhy did silver suddenly plunge? Veteran hedge fund managers warn of five short-term risksCracks in US Stocks' 'Perfect Loop': AI mints a bull market, not jobs?