HK, US stocks top stories
Alibaba releases Qianwen 3.5, performance comparable to Gemini 3, Token price only 1/18 of itTesla Makes Its Largest Investment Bet Yet in Its Own VisionMorgan Stanley: AI is a capital expenditure black hole, with risks spreading to the credit market1 Unstoppable Stock to Buy Before It Joins Nvidia, Apple, and Alphabet in the $3 Trillion ClubThe Year of the Snake concludes with Hong Kong stocks rising, the non-ferrous sector surging, MINIMAX-WP skyrocketing by 24%, and KNOWLEDGE ATLAS increasing by 4.74%, both reaching new highsReturning to growth but still weak, Japan's Q4 GDP for 2025 annualized quarterly rate is 0.2%, below expectations, supported by expansionary fiscal policyBank of America Hartnett: "AI Disruptive Trading" Accelerates Spread, Once Tech Giants Cut Spending, It Will Trigger a "Rotation Tsunami" in US StocksStorage giant's quarterly report "Five Key Points": Current cycle strength surpasses the 2017-18 "cloud boom cycle"Reminder: Please pay close attention to the following (all times are in Beijing time)Insiders in the AI circle: Something bigger than COVID-19 is happening, and people are still unawareAt the beginning of the new year, how to view the appreciation of the RMB?Hedging mode! Morgan Stanley: The market has started buying US TreasuriesOn the last trading day of the Year of the Snake, the Hang Seng Index opened down 0.25%, KNOWLEDGE ATLAS rose 7.6%, and MINIMAX-WP increased by 2.9%Current Status of US Stock Earnings Calls: Discussion on "AI Risks" Doubles, Companies Must "Prove Their Innocence," Investors "Sell First, Ask Questions Later"