The core of "Alipay", the valuation of SaaS, is Shopify expensive or not?Everbright Sun Hung Kai Asset Management: Neutral optimism towards Hong Kong stocks, not ruling out the possibility of rising to the 20,000 point level in the next 12 monthsHong Kong Stock Market Review: Weak Consumer SpendingGhost stories of China Duty Free, cold 618 dataElon Musk throws "Heavenly Wealth" to Dell and Super Micro Computer (SMCI): xAI supercomputing system built by themCSC's Chen Guo: Exploring Three Dividend Pricing ModelsIs NVIDIA's "triple jump" to the top of the global market cap driven by irrational enthusiasm?Holding for 14 years, making a profit of 1.5 billion, is CMOC "selling mines" to increase investment in new energy metals?XPENG-W issued 2.6462 million Class A common shares under the stock incentive planOn June 20th, Meituan-W spent HKD 300 million to repurchase 2.5063 million sharesGUM: As of the end of May, the total assets of the Hong Kong Mandatory Provident Fund market increased by 2.4% to HKD 1.214 trillionStrong US Dollar Impact: Indian Rupee Falls to Historic LowZheShang TanHan: Review and Reflection on the 30-year Treasury Bond Yield Breaking 2.5%Cui Dongshu: National passenger car market inventory at the end of May was 3.29 million units, with inventory turnover of 56 daysReport: TSMC explores new AI semiconductor packaging technology, allowing more chipsets to be placed on a single waferToday's Important News Review | Dolphin ResearchIs TSMC's arbitrage trading too crowded? Goldman Sachs offers a new perspectiveThe "Achilles' heel" of the NVIDIA dynasty: Three major risks of GPUsMorgan Stanley interprets "Apple Smart": Good for the supply chain, good for memory, observe whether Chinese Android will follow suit"The new king of the stock market" NVIDIA's upward trend is far from over! Next stop, $5 trillion market value?If Trump wins the presidential election, will the U.S. real estate market face a major change?US Stock IPO Preview | Highly dependent on upstream and downstream, marketing service "little brother" Interstellar Fashion also wants to go publicQualcomm Snapdragon X first batch evaluation released: Single-core speed, energy efficiency inferior to Apple M3, multi-core total score surpasses the latterFarewell to "Paper Digital Humans", "Metaverse Leader" Roblox is going to do 4D AITechInsights: By 2025, Apple's iPad shipments are expected to reach 64 million units, and the cobalt battery target is about to be achievedKGI Asia: Hang Seng Index's target price for the next 6 months raised to 20,900 pointsMarket Analysis | LI AUTO-W Fell Over 4% in the Afternoon, Stock Price Hits a 1.5-Year Low, JP Morgan Points to Increased Bearish FactorsVice Chairman Lin Bin was accused of breaking his promise to reduce his holdings and cash out 160 million. Xiaomi Corporation responded: it is for charityHang Seng Index fell by 0.4% led by MeituanAMD responds to hacking attack: Limited information stolen will not have a significant impact on business operationsHSBC takes a clear stance: BYD has "enormous upside potential", while Tesla is "maintained as reduce"!Enter the AI PC era! Microsoft Copilot+PC is listed, equipped with Qualcomm Snapdragon X, starting at $999 USDNvidia + these two companies = "AI Three Musketeers""AI Replacement" Anxiety Sweeps! Which Industry is Most at Risk? Citigroup: FinanceTSMC's market value approaches $1 trillion! Wall Street unanimously bullishSenior Analyst: Three major negative factors are pressuring, US stocks will see a pullback快讯：港股三大指数高开低走 餐饮、啤酒、乳制品股跌幅靠前Market Insight | SMIC Surges Over 5%, Leading Chip Stocks; Taiwan Semiconductor Raises Prices as Foundries Reach Full Capacity, Bringing Price Increase ElasticityCICC: Upgraded XPENG-W rating to "Neutral" with a target price raised to HKD 30.53AH stocks fell in early trading, with the commercial aerospace sector weakening, while medical, semiconductor, and shipping stocks rose against the trendOvernight Trading | NVIDIA surged by 3.4%, with the stock price breaking $140 USDAI 赛道盘前 | 英伟达放出 GB200 交换机大单，国内厂商或持续受益，人工智能 AI 行情后市可期英伟达超越苹果市值的隐喻：AI 服务器将超越手机，成为 ICT 产业最大赛道快讯：港股恒指高开 0.13% 科指涨 0.16% 科网股普遍高开Regain lost ground! Expectations of Fed rate cuts rise, US bond prices gradually riseBoth the one-year and five-year LPR remain unchanged华泰证券：港股交易情绪降温或已较充分消息称已有 7 家公司优先采用台积电 3nm 制程工艺 包括苹果和英伟达JPMorgan Chase's Alex Yao: Chinese technology stocks can still rise by 20%-25%Intelligent Hong Kong Stock Connect Proportion Abnormal Movement Statistics | June 20