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Hong Kong Stock Morning Report | Siasun Robot&Automation and AI received further policy support. CHINA MOBILE's net profit exceeded 130 billion yuan last year.
① Shanghai Pudong: Will focus on humanoid robots, large models and other fields to create distinctive landmark parks. ② ShanDong: Vigorously promote the innovative development of AI and humanoid robot industries. ③ Foxconn Chairman Liu Yangwei: In two years, the Server business is expected to exceed the iPhone business, possibly achieving this year. ④ The State Council General Office: Improve the quality of Traditional Chinese Medicine to promote high-quality development of the Traditional Chinese Medicine industry.
Hong Kong Stocks Slide as China, US Maintain Rates; Tech Stocks Plunge
Express News | Hang Seng Index , Hang Seng China Enterprises Index Down More Than 2% Each
The trillion leverage game may come to an end! Major reforms in Hong Kong's IPOs allow for financing of up to 90%.
① When the leverage ratio of the IPO Subscription funds exceeds 90%, does it imply that the issuance pricing has deviated from the fundamentals and has evolved into a capital-driven speculation? ② Under the current system with no leverage ceiling, how do Brokerages form a systemic risk loop through "financing concentration - collateral valuation - liquidation chain reaction"?
Goldman Sachs: The effective tax rate in the USA may soar to its highest level in decades this year, Bullish on China's A-shares and Listed in Hong Kong.
①Goldman Sachs expects that the effective tax rate in the USA will rise by an average of 10 percentage points this year, the highest level in decades, which could lower the GDP growth forecast for the USA in 2025 to 1.7%; ②Goldman Sachs is Bullish on European stocks and China's A-shares and Listed in Hong Kong, expecting that the European stock market will continue to outperform Large Cap, and has raised the earnings per share growth forecast for Europe.
Hong Kong stock morning report | Policies support innovation like autonomous driving, Xiaopeng Autos delivered over 30% more last year.
① Zhejiang: A further effort will be made to strengthen the application scenarios for major projects such as Smart Clothing, autonomous driving, Brain-computer Interface, and Siasun Robot&Automation. ② Three departments: Support will be provided for the scrapping and updating of commercial trucks that meet National III and National IV emission standards. ③ Su Zifeng: AMD provided support on the first day of the DeepSeek launch. ④ NVIDIA: Will collaborate with telecommunications companies to develop AI-based 6G wireless technology.