Understanding the Market | SHK PPT rose over 4% in the afternoon, institutions expect Hong Kong property prices to rise by 5% next year, leading developers like Sun Hung Kai Properties will benefitUnderstanding the Market | STARPLUS LEGEND once surged 20% after establishing a joint venture with Yushu Technology, involving consumer-grade IP robots and derivatives"Wooden Sister" bought over 25 million USD of Alibaba stock, continuing to reduce holdings in TeslaVice Chairman of the CSRC Li Ming: Firmly prevent drastic market fluctuations and sharp rises and fallsReminder: Please pay close attention to the following (all times are in Beijing time)Hong Kong Stock Midday Review: Hang Seng Index Rises 0.63%, Domestic Insurance Stocks Lead GainsSignals that US stocks should be wary of: The consumption willingness of low-income and young demographics in the United States is rapidly decliningUndervalued energy storage demand, JP Morgan admits misjudgment: upgrades ratings for TIANQI LITHIUM and GANFENGLITHIUM, and the resumption of mining by CATL is also insufficient to fill the gapFor the first time, a bank has canceled its five-year fixed deposit product and also lowered interest rates for other terms. What is the situation?Understanding the Market | Domestic insurance stocks continue their recent upward trend, with multiple insurance companies starting to launch "New Year" products. Institutions expect to drive new policy growthCloud service provider Nebius reported quarterly losses that exceeded expectations. Despite announcing a partnership with Meta, the stock price still fell by more than 7%Morgan Stanley: Downgrade Xiaomi Corporation-W target price to HKD 50, electric vehicle momentum is good but core business profitability is weaker than expectedUnderstanding the Market | XPENG-W opened high and then fell over 4%, XPeng Technology improves AI layout, multiple major banks release research reports with positive outlooksNot only in the United States, but the global issuance of technology bonds is also surgingNew Stock News | It is reported that Vipshops is considering an earliest listing in Hong Kong next yearValuation has reached its limit? A perspective on gold prices from five dimensionsThis Wednesday, Trump will have dinner with CEOs on Wall StreetLiquidating NVIDIA shakes the market, this is Masayoshi Son's second time doing soAI giants "must buy," manufacturers hold the greatest pricing power! Morgan Stanley: This round of memory "super cycle" will far exceed historical peaksThe U.S. government shutdown is about to end, and Morgan Stanley has developed a data regression timelineSoftBank's stock price once fell by 10% after disclosing the complete liquidation of NVIDIABarclays: After the valuation decline, there are investment opportunities in U.S. auto dealersThe only Asian giant with a market value exceeding one trillion dollars! Institutions are forced to "underweight" Taiwan SemiconductorThe U.S. government is about to reopen, and the September non-farm payrolls may be released as early as Friday. The October non-farm payrolls may be "gone," but Goldman Sachs expects it to be "the worst since December 2020."Hesai (3Q25 Minutes): Lidar shipments are expected to reach at least 2 million to 3 million units by 2026What are overseas investors buying in 2025?The AI frenzy "sucks" global capital, has AI caused the dollar to "bottom out"?The giants are "finding ways" for off-balance-sheet financing! These three "huge AI financings" are so "innovative" that the entire Wall Street is watchingAmidst a chorus of bearish voices, is the "most unpopular" Christmas rally in US stocks about to arrive?Dr. Lisa Su: By 2030, the AI data center market size is expected to exceed 1 trillion, and AMD's revenue growth may exceed 35% annuallyEpic reallocation! SoftBank cuts losses on NVIDIA and fully bets on OpenAI, is the AI bubble nearing its critical point?The sentiment in the cryptocurrency market remains weak, and the positive news of the "U.S. government shutdown" ending did not lead to a significant rebound in BitcoinTrade concerns dampen risk appetite, U.S. stock index futures collectively decline, gold and silver rise, Bitcoin drops over 1%Wall Street veteran refutes AI bubble theory: Tech giants' high valuations are worry-free, but two real risks must be vigilantCoreWeave data center delivery delays, suspected issues with Core Scientific, both plummeted over 10%Breakfast | NVIDIA fell nearly 3%, Apple’s market value returned to $4 trillionFord CEO says he is shocked and ashamed by the disassembly of Tesla and Chinese electric vehiclesZhitong Hong Kong Stocks Early Insights | Domestic brain-computer interface products enter the approval "green channel" for the first time, SoftBank sells all its shares in NVIDIA to cash outAltman-supported nuclear power newcomer Oklo's new fuel facility has been approved, but Q3 losses unexpectedly widened | Earnings report insightsSupermicro CEO Charles Liang: Revenue is expected to grow at an average annual rate of 35% over the next three to five years, with AI chip business growth potentially reaching 80% annuallyChina Securities Journal front page article: Anchoring at a high level, capital market opening measures will be more forcefulChina Merchants Securities: There is room for upward revision in external liquidity expectations; it is recommended to return to a barbell strategy in allocationTop 20 U.S. Stock Trading Volumes on November 12: SoftBank fully liquidates NVIDIA, cashing out over $5.8 billion"Dollar Smile" theory proposer: The dollar will fall another 13.5% during Trump's termThe longest government shutdown in U.S. history is about to end, and history shows that after a restart, U.S. stocks often continue to rise