Aliyun wants to use AI to disrupt the domain industry.

First domain AI big model application.

wallstreetcn01:04 ET

[Brokerage Focus] Zhongtai International: After global risk aversion subsides, Hong Kong stocks are expected to open up upward space.

KingWatch Financial News | China-Thai International released its August outlook for the Hong Kong stock market, as the untying trend of the yen-carry trade exacerbates the fluctuation of global risk assets, Hong Kong stocks may be affected by increased overseas market volatility and fluctuate at low levels. As of July 30, speculative short positions in the yen have been greatly reduced, and the current one-month US dollar against yen 25Delta risk reversal volatility has fallen to its lowest level since mid-2020, indicating that the yen may have a short-term phase top and will boost the rebound of Hong Kong stocks and other risk assets. The bank pointed out that the upward momentum in the current Hang Seng Index profit forecast has been fluctuating repeatedly, and the performance of Hong Kong stocks has been mixed since the earnings season.

金吾財訊22:56 ET

Hong Kong Shares Rise, Tracking Wall Street Gains -- Market Talk

WSJ22:06 ET

S&P rises over 2%, the best in nearly two years, with chip stocks up about 7%, Nasdaq and Chinese stocks up 2.8%, and US Treasury yields and the yen falling for three consecutive days.

The latest employment data alleviates concerns over the US economy, and US stocks rose more than 1.7%. Nvidia's stock rose more than 6%, and Tesla, Alibaba, PDD Holdings, and Tencent ADR rose more than 3%. Bullish on weight loss drug reports, Eli Lilly and Co's stock rose more than 13%, and Novo-Nordisk A/S's US stock rose nearly 8%. The 10-year US Treasury yield rose above 4%, and short-term bond yields rose by 10 basis points. Oil prices rose for the third consecutive day, gold halted its five-day decline, and digital currency had a big increase.

wallstreetcn18:45 ET

Hong Kong stocks can't stop falling.

Will it be a safe haven for global capital?

Gelonghui FinanceAug 8 07:29 ET

Express News | Yieldmax™ Launches Option Income Strategy ETF on Alibaba (Baba)

ReutersAug 8 06:55 ET