Understanding the Market | Aluminum Stocks Rise as Recent Aluminum Prices Fluctuate Strongly; Institutions Indicate Attractive Valuation in the Aluminum SectorThe era of fossil fuels coming to an end as a "thing of the past"? IEA: Global oil and gas demand will continue to grow for another 25 yearsMultiple positive factors converge, Wall Street makes a full push for the U.S. stock market's "year-end rally"When others are fearful, I am greedy? The market does not buy into Meta's post-earnings report, but analysts point out that the hundred billion capital expenditure is precisely to build momentum for the futureEuropean Natural Resources Fund: Gold prices may have bottomed out and consolidated, silver potential upgradedHousing rents saw the largest decline in fifteen years. Is U.S. inflation about to collapse in October?The EU's delay in implementing new carbon emission regulations may suppress inflation, and the European Central Bank may be forced to restart easingAMD expects a year-on-year growth rate of 35% driven by demand for artificial intelligenceHon Hai's Q3 net profit of NT$ 57.67 billion exceeded expectations; revenue of NT$ 2.06 trillion | Financial Report InsightsWall Street giants enter the game: JPMorgan Chase launches dollar deposit token JPM Coin for 24/7 trading and second-level paymentsPOP MART's stock price is under pressure and has fallen, with Bernstein warning that Q4 performance may be below expectationsThe world-class Simandou iron ore mine has officially commenced production, giving China greater influence in global iron ore pricingHesai initially fell 9.47%, with mixed results in the third quarter report and a significant slowdown in the quarter-on-quarter growth rate of ADAS lidar deliveriesConsumers are flocking to pick up cars at the end of the year, and automakers are "blocking the door" to grab batteries! He Xiaopeng: I've had drinks with the bosses of battery manufacturers! Some say "now is the time to leverage connections."The "surge" in large-scale layoff notices, with data continuously "triggering alarms," indicates a sharp downturn in the U.S. job marketGuotai Haitong Macro: "Counter-cyclical and Cross-cyclical Adjustment" Releases Subtle Signals of Policy Shift, Urgency for Short-term Monetary Easing Has DecreasedUnderstanding 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% annually