Hong Kong stock morning report on January 8: The Ministry of Industry and Information Technology is conducting a trial for 10G optical networks; Mixue Ice City has obtained registration from the China Securities Regulatory Commission for its Hong Kong IPO
① The State Council: Venture Capital Funds should focus on developing new quality productive forces. ② Ministry of Industry and Information Technology: Launching pilot projects for 10-gigabit optical networks. ③ Apple's spring "budget version" iPhone new model will start mass production in mid-January 2025. ④ Mi Xue Bing Cheng's Hong Kong IPO has been filed with the China Securities Regulatory Commission.
U.S. stock market close: Inflation concerns lead to a decline in all indexes, NVIDIA fell 6% after reaching a new high.
① The Nasdaq China Golden Dragon Index fell by 0.2%, with China Concept Stocks showing mixed results; ② NVIDIA launched its personal computing product Project DIGITS; ③ XPENG Huaitian: Flying cars will be mass-produced and delivered in 2026; ④ Vaccine stocks soared, with Moderna rising nearly 12% and Novavax increasing by nearly 11%.
U.S. stock market closing: the three major Indexes had mixed results, with the Technology conference CES boosting chip stocks higher.
① Nasdaq China Golden Dragon Index closed down 1.16%, most China Concept Stocks fell, Tencent ADR dropped nearly 8%; ② MicroStrategy has purchased Bitcoin for nine consecutive weeks; ③ Trump denies plans to reduce the applicability of tariffs; ④ Qualcomm announces the launch of the new AI chip Snapdragon X.
AI training data has sparked copyright disputes again, with iQIYI suing MiniMax for compensation of 0.1 million yuan.
iQIYI has recently filed a formal lawsuit with the People's Court of Xuhui District, Shanghai, accusing the domestic AI startup MiniMax of infringing its copyrights in the AI model training and content generation process. However, as of now, there is still significant controversy in the industry regarding the issues of training data, which is also the most concerning issue for the industry.
Trump calls on the United Kingdom to "open" the North Sea and dismantle the Generator.
① The elected president of the USA, Trump, posted on his personal Social Media platform Truth Social, urging the United Kingdom to open the "North Sea" and remove the Generator; ② Due to depleting reserves and the Global shift towards Wind Power, oil production in the North Sea has been continuously declining, and oil companies have gradually withdrawn from the North Sea in recent years.
Chen Wei, the Senior Vice President of iQIYI, has left the company, and there has been no official response.
Sina Technology News, on the afternoon of December 31, reported that media sources indicate that iQIYI's Senior Vice President Chen Wei has resigned. iQIYI has not responded to this as of now. Records show that Chen Wei joined iQIYI in June 2015, serving as Senior Vice President; in 2017, Chen Wei established the 'iQIYI Program Production Center' and created a series of variety shows, including 'China Has Hip Hop.'
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