Fullgoal CSI Chip Industry ETF

AI is turning Big Tech into a superstar economy

businessinsider

C3.AI

AI is turning Big Tech into a superstar economy

Here are the top stories and upcoming coverage plans for Reuters as of 11 A.M. GMT/6 A.M. ET. Key highlights include: Over 3,000 deaths reported in Iran protests; Taiwan condemns a Chinese drone's flight over Pratas Islands; a U.S. judge restricts immigration agents' tactics in Minnesota; Elon Musk seeks $134 billion from OpenAI and Microsoft; South Korea assesses limited impact of U.S. chip tariffs; and the Australian Open begins with Djokovic and top players in action. Upcoming events include a credit card rate cap discussion and the EU-Mercosur trade deal signing in Paraguay.

- As of 11 AM GMT/6 AM ET, Reuters reports include significant global and U.S. news highlights.  
- Over 3,000 deaths from protests in Iran were reported amid a slight rise in internet activity after an eight-day blackout.  
- In the U.S., a federal judge limited immigration enforcement tactics against protesters in Minnesota, while Elon Musk claims up to $134 billion from OpenAI and Microsoft over ill-gotten gains.

Reuters

REUTERS NEWS SCHEDULE AT 11 A.M. GMT/ 6 A.M. ET

Capital expenditures on artificial intelligence (AI) by Asian tech giants are expected to grow by 15% in 2023, reaching $139 billion. Singapore and other Asian economies are benefiting from the growth in AI demand through exports of AI products, investments in semiconductor fabs, and data centers. According to a report by Nomura, the Philippines has the highest export ratio of AI products at 45%, followed by Singapore and Malaysia at 41.1% and 38.8%, respectively. Future capital expenditures will focus on areas such as high-bandwidth memory chips, AI servers, and data centers

- The investment surge in artificial intelligence (AI) continues, with Asian tech giants expected to increase their AI capital expenditures by 15% to $139 billion in 2026.  
- Asian economies, including Singapore, benefit from rising AI demand through exports, investments in foundries and data centers, and consumer growth.  
- According to a recent Nomura report, Asia acts as a global AI hardware manufacturing hub, primarily generating revenue from exports, with varying levels of participation in the AI value chain across different economies.

Zaobao

Taiwan Semiconductor

Asian tech companies' AI capital expenditure is expected to increase by 15% this year, with Singapore's AI product exports accounting for over 40% | Lianhe Zaobao

SOXL

Taiwan has secured a US deal reducing export tariffs to 15% after extensive negotiations, which officials hail as a significant achievement. However, concerns arise over Taiwan's commitment to invest up to $500 billion in the US, potentially undermining its semiconductor sector. Beijing has condemned the agreement, viewing it as economic exploitation. Taiwanese leaders assert the deal enhances competitiveness and secures preferential treatment for semiconductors, while opposition parties criticize it as an unequal arrangement that could harm Taiwan's economy.

- Taiwan has successfully completed a trade agreement with the U.S. after nine months of negotiations, reducing export tariffs to 15%.  
- While this deal is seen as a step toward parity with Japan and South Korea, concerns are raised about Taiwan's commitment to invest $500 billion in the U.S., which may harm its semiconductor industry and overall industrial base.  
- China strongly opposes this agreement, viewing it as economic exploitation of Taiwan, while Taiwanese opposition parties argue it reflects imbalanced negotiations and could lead to significant economic burdens and risks for Taiwan.

南华早报

Direxion Semicon Bull 3X

Taipei hails US 15% tariffs ‘home run’ despite fears over US$500 billion cost

The AI ecosystem poses significant risks to markets, according to Scott Helfstein of Global X. Key concerns include the credibility of the Federal Reserve, trade negotiations, geopolitical tensions, and domestic U.S. political issues. A critical risk is the fragility of the AI supply chain, particularly in semiconductors, where Taiwan's dominance and potential disruptions from China are highlighted. Additionally, constraints on AI infrastructure due to energy and material shortages could impact growth. Despite these challenges, some sectors may benefit, and short-term Treasurys could provide market protection.

- Scott Helfstein at Global X identifies five key risks to markets, including concerns over Federal Reserve credibility and geopolitical tensions surrounding trade negotiations.  
- He emphasizes the vulnerabilities in the AI supply chain, particularly the dependency on Taiwan’s semiconductor industry and the potential disruptions from China.  
- Additionally, rising costs and regulatory scrutiny regarding AI infrastructure could impact corporate investments, while supply deficits might benefit certain sectors.

Dow Jones

How the fragile AI ecosystem may be one of the biggest risks to markets this year

Chinese Companies Hold Most Number of Physical AI Patents Worldwide, Study Says

marketscreener

Chinese Companies Hold Most Number of Physical AI Patents Worldwide, Study Says

00241

688347

01347

688981

00981

The Hang Seng Index closed at 26,844 points on Friday, down 78 points, failing to break through 27,000 points for four consecutive days. Market turnover fell to HKD 255 billion, with a net inflow of HKD 94 million from the north. Despite strong performance from AI chip stocks, with SMIC and Hua Hong Semiconductor rising 2% and 7% respectively, Ctrip saw a decline of 21.8%, becoming the worst-performing blue-chip stock of the week. ALI HEALTH, on the other hand, rose 17.9%, making it the best blue-chip stock. Overall, the Hang Seng Index still rose 613 points for the week

- The People's Bank of China has adjusted interest rates and removed specific high-frequency trading servers to stabilize the economy, affecting the Hong Kong stock market.  
- The Hang Seng Index opened high but closed down at 26,844 points, marking a decline of 78 points over a week with overall trading volume decreasing.  
- Notable stock movements include a drop of 21.8% for Ctrip and a rise of 17.9% for Alibaba Health, with semiconductor stocks benefiting from strong performances in the tech sector.

Stheadline

ALI HEALTH

Hua Hong

HUA HONG SEMI

SMIC

The Hang Seng Index failed to break through 27,000 for the fourth time, falling by 78 points. Pop Mart dropped by 6%, while AI chip stocks performed well. Experts are concerned that the upward trend may have ended｜Hong Kong stock market closing

HSBC

00005

HSBA

On January 16, Singapore announced an extension of the rental occupancy cap for HDB and private homes until December 2028 due to high demand. Maybank highlighted a favorable market outlook for 2026, while Viettel Group launched Vietnam's first semiconductor fabrication plant. HSBC is reviewing its life insurance business in Singapore, and Singapore's key exports grew by 6.1% in December, impacted by pharmaceuticals. Additionally, Changi Airport is increasing flights to China in anticipation of a surge in travel for the Chinese New Year.

- The rental occupancy cap for HDB flats and private homes in Singapore will be extended until December 31, 2028, to accommodate persistent demand.  
- Maybank predicts a favorable equity market "sweet spot" in 2026 due to macro resilience and attractive valuations.  
- Vietnam has initiated its first semiconductor wafer fabrication plant, while HSBC is reviewing its life insurance business in Singapore amid slowing export growth of 6.1% in December.

Businesstimes News

HSBC HOLDINGS

HSBC Holdings Plc

Daily Debrief: What Happened Today (Jan 16)

RTPPF

European stocks opened slightly lower, with gold prices retreating affecting mining stocks. The UK stock market fell after hitting a peak, while defense stocks rose. The pan-European STOXX 600 index fell by 0.1% to 613.75 points; the UK FTSE 100 index dropped by 0.2% to 10,218 points; the French CAC 40 index decreased by 0.2% to 8,296 points; the German DAX index fell by 0.1% to 25,317 points. Mining stocks Rio Tinto, BHP, and Antofagasta dropped between 2% and 2.3%. Defense stocks BAE Systems and Thales each rose by over 2%. In U.S. stock futures, the Dow futures rose by 64 points, and the S&P 500 futures increased by 18 points. In the Asia-Pacific stock market, the Shanghai and Hong Kong stocks each fell by 0.3%, while Shenzhen stocks dropped by 0.2%

AASTOCKS

Rio Tinto

Rio Tinto Group

"European Stocks" European stocks are slightly weak in the early stage, mining stocks decline, and military stocks rise

SOXS

Senior investor Mark Mobius stated that he would only consider buying gold if the price drops 20% below the current level, as it has lost its appeal. He predicts that the U.S. economy will shift, and the dollar may strengthen, reducing the attractiveness of precious metals. He believes that the stock markets in China, India, South Korea, and Taiwan are the most attractive to global investors, especially as China's advancements in technology will drive market growth. At the same time, he is optimistic about the Indian stock market due to the government's increased spending and investment in the technology sector

Direxion Semicon Bear 3X

Macquarie: Gold prices would need to be 20% lower than current levels before considering purchases; expects the dollar may strengthen

36Kr learned that the Hang Seng Index closed down 0.29%, and the Hang Seng Tech Index fell 0.11%; the semiconductor and automotive sectors led the gains, with Zhaoyi Innovation rising over 16%, Hua Hong Semiconductor rising over 7%, and Weichai Power rising nearly 5%; the new consumption and media sectors saw the largest declines, with Pop Mart falling over 5%, Tencent Music and Lao Pu Gold both falling over 4%; southbound funds had a net purchase of HKD 93.5808 million

36Kr

The Hang Seng Index closed down 0.29%, and the Hang Seng Tech Index fell 0.11%

In response to the recent trade agreement between the United States and Taiwan to reduce tariffs on Taiwan's semiconductor exports to the U.S., Foreign Ministry spokesperson Guo Jia Kun stated at a regular press conference on January 16 that China has always firmly opposed any agreements with sovereign implications and official nature signed by countries that have diplomatic relations with Taiwan. The U.S. should earnestly adhere to the One China principle and the three joint communiqués between China and the U.S. (Xinhua News Agency)

Wallstreetcn

Ministry of Foreign Affairs: Firmly opposes any agreements with sovereign implications and official nature signed by countries that have diplomatic relations with the Taiwan region of China

002196

603667

002028

The Shanghai Composite Index fell 0.26%, narrowly holding above 4100 points, with the three major indices experiencing slight declines. The semiconductor industry chain rose against the trend, with stocks like Tianyue Advanced and Tongfu Microelectronics hitting the daily limit. Robotics concept stocks and the power grid equipment sector performed strongly, with stocks like XCC, FOUNDER MOTOR, and SIEYUAN also hitting the daily limit. In contrast, AI application sectors saw adjustments, with stocks like Gravity Media and Vision China hitting the daily limit down. Overall, the market saw more stocks decline than rise, with about 3000 stocks in the Shanghai, Shenzhen, and Beijing markets falling, and today's trading volume reached 3.06 trillion

FOUNDER MOTOR

SIEYUAN

The Shanghai Composite Index fell 0.26%, narrowly holding above 4100 points, while the semiconductor industry chain surged against the trend

Commodity futures closed with the main contract for lithium carbonate hitting the limit down, falling by 8.99%. The shipping European route dropped over 8%, Shanghai tin fell over 6%, Shanghai nickel declined nearly 4%, and BR rubber, fuel oil, caustic soda, and crude oil all fell over 3%. Polycrystalline silicon and rapeseed oil rose over 2%

The main indices of the Hong Kong stock market experienced slight adjustments during the trading session, with the Hang Seng Index, Hang Seng Tech Index, and the China Enterprises Index all retreating, reflecting a strong wait-and-see sentiment in the market. The performance of major sectors was mixed, with noticeable divergence in retail, internet content, and information sectors, while some leading stocks in technology and life sciences were active. Alibaba rose by 0.55%, attracting significant attention from investors; Tencent Holdings and WuXi AppTec fell by 1.13% and 1.85%, respectively. On the macro front, the market is focused on important economic data, with funds primarily engaged in structural rotation amid a cautious atmosphere

- The Hong Kong stock market showed slight adjustments, with the Hang Seng Index down 0.54%, reflecting cautious investor sentiment amid fluctuations in economic data and demand.  
- Retail and internet sectors exhibited mixed performances, with companies like Alibaba gaining while others like JD.com and Tencent faced declines, indicating weak consumer momentum.  
- Notable gainers included MINIMAX-WP rising 16.48% after announcing AI developments, and Zhaoyi Innovation up 14.25% due to a positive outlook in the memory market.

Market Heartbeat

BABA-W

JD-SW

MNSO

TENCENT

KUAISHOU-W

BILIBILI-W

WUXI BIO

XTALPI

WUXI APPTEC

MINIMAX-WP

GIGADEVICE

XIAOMI-W

Hang Seng Index

Alibaba

Hong Kong stock market intraday | The Hang Seng Index fell 0.54% during the session, the semiconductor sector surged in the afternoon, and MINIMAX continued to soar over 15%

Fullgoal CSI Chip Industry ETF(516640.SH)

AI is turning Big Tech into a superstar economy

REUTERS NEWS SCHEDULE AT 11 A.M. GMT/ 6 A.M. ET

Asian tech companies' AI capital expenditure is expected to increase by 15% this year, with Singapore's AI product exports accounting for over 40% | Lianhe Zaobao

Taipei hails US 15% tariffs ‘home run’ despite fears over US$500 billion cost

How the fragile AI ecosystem may be one of the biggest risks to markets this year