Semiconductor Manufacturing International Corporation has made new progress in its expansion! The second phase of industrial land in Beijing has been sold, with a planned total investment of no less than 50 billion yuan.

① The website of the Peking Municipal Planning and Natural Resources Commission shows that the auction results for the industrial land project at Yizhuang New City YZ00-0606 Block 0001-2 were announced today. According to sources close to Semiconductor Manufacturing International Corporation, this land is designated for the Semiconductor Manufacturing International Corporation Beijing Phase II planned land. ② Zhao Haijun of Semiconductor Manufacturing International Corporation recently stated that capital expenditures are expected to be approximately 7.5 billion U.S. dollars in 2025, with plans to add a monthly production capacity of about 0.05 million 12-inch wafers each year.

cls.cn05:23 ET

Gold will continue to shine this year! UBS Group has raised its gold price target to 3,200 dollars by the end of the year.

① Due to an "unprecedented market dislocation" in the Gold market, UBS Group expects that gold prices will climb to $3,200 later this year and stabilize around $3,000 by the end of the year. ② Affected by tariff uncertainties, concerns over stagflation, and ongoing global conflicts, gold is viewed as a safe-haven asset.

cls.cn02:32 ET

The central bank's demand is strong, Goldman Sachs has raised the Target Price for Gold, aiming for 3100 dollars!

Goldman Sachs believes that rising concerns over inflation and fiscal risks may drive central banks to purchase more Gold, especially those holding a large amount of U.S. Treasury bonds. Compounded by increasing worries over Trump's destructive tariff policies, Goldman Sachs has raised the year-end Target Price to $3,100, stating, “If economic policy uncertainty persists, increased speculative positions may drive Gold prices soaring to $3,300.”

wallstreetcn01:51 ET

Morgan Stanley views BAT: "Overweight" on Tencent, "Bullish" on Alibaba Cloud, "concerned" about Baidu Search.

Morgan Stanley stated that as the costs of AI model training and inference decrease, Tencent, Alibaba, and Baidu will all benefit. As the market shifts its focus from large model capabilities to AI applications and monetization, Morgan Stanley has given Tencent an overweight rating. Alibaba's recent stock price rebound reflects the upside potential of its Cloud Computing business, while Baidu's core search business may face monetization risks due to the impact of generative AI.

wallstreetcn01:33 ET

After 28 days of explosive growth, the banking industry's "DeepSeek moment" raises three questions: Will CSI Information Security Index be the biggest obstacle?

① The biggest obstacle to the large-scale application of DeepSeek is still the CSI Information Security Index issue. Currently, Banks are generally "waiting" and observing the attitude of financial regulatory bodies towards DeepSeek. ② From a cost perspective, DeepSeek will indeed be more Bullish for small and medium-sized Banks in the early stages. However, when considering customer numbers, asset scale, and data quality, large Banks undoubtedly have more advantages.

cls.cn01:08 ET

GUM: In January, the total Assets of the mandatory provident fund market in Hong Kong increased by 1.9%, with Inflow into US stocks.

Recently, GUM released its analysis report on the Mandatory Provident Fund (MPF) market for January 2025. As of January 31, the total Assets in the MPF market increased by 1.9% to 1.31 trillion HKD.

Zhitong Finance01:02 ET