Goldman Sachs predicts: The key controversy in the market regarding Meituan shifts to "how much of a moat is left?"Understanding the Market | TONGCHENGTRAVEL rose over 6% in the morning as the vitality of the ice and snow economy continues to be released, with a significant increase in the search popularity of keywords related to ice and snow tourism on the platformGoldman Sachs Client Survey: What is the outlook for assets in 2026?Understanding the Market | ZTE rises over 10% as reports say its AI phone in collaboration with ByteDance will be released early this monthCITIC Securities: Downgrades Li Auto-W target price to HKD 74 and lowers rating to "Neutral"Goldman Sachs: There is a significant divergence in sentiment towards copper between domestic and foreign investorsSilver prices hit a record high, influenced by interest rate cut expectations and supply tightnessIs there a misunderstanding in the market? Morgan Stanley: In previous memory price increase cycles, Xiaomi's profit margin "actually improved"Understanding the Market | Gold stocks lead the gains as interest rate cut expectations continue to rise, gold prices increase, and silver hits a historic highTrillion-dollar "windfall" in the private equity circle, a low-key "wealth migration tide"Bank of Japan Governor: If the economic outlook is realized, interest rates will be raisedOpec+ insists on the original plan and will suspend production increases in the first quarter of 2026How do consulting giants operate in the AI era? Accenture's new positioning: the preferred "restructuring partner" for enterprises"Will Santa Claus miss the appointment?" This week, the Federal Reserve's quiet period continues, with volatility focusing on the performance of retail and cloud computing leaders at the start of DecemberShenzhen Stock Exchange: SERES has been added to the Hong Kong Stock Connect listTrump said, "I have decided on the new Federal Reserve Chairman candidate," and Hassett stated, "The market's reaction to the news of the new chairman is very, very positive."Three years ago, ChatGPT was released, and the "AI frenzy" swept the globe, marking the beginning of a new eraZhitong Decision Reference | It is expected that the market will maintain a cautious wait-and-see attitude this week, with gold and silver expected to be activeCSC: Copper prices are expected to reach new highsThis week's key agenda: US-Russia talks, China-US PMIThe fourth IPO, Soul no longer talks about the metaverseZhitong Hong Kong Stock Early Knowledge | Last Friday, New York silver futures rose over 6%. Ministry of Industry and Information Technology: Govern the irrational competition in the power and energy storage battery industry according to laws and regulationsReminder: Please pay close attention to the following (all times are in Beijing time)Hong Kong stock IPO "explosion," Morgan Stanley and Goldman Sachs remain the biggest winnersRare major reversal! The global bull market ranking is surprisingly dominated by EuropeCITIC Securities Co., Ltd.: The necessity of introducing an unconventional monetary policy framework is increasingUS Stock IPO Outlook | High growth cannot hide operational challenges, Hong Kong medical IT service provider ZEEKR goes to the US to "raise funds"November PMI seasonal rebound, export recovery is the highlightMeituan's financial report is out! The trend of losses is expected to continue in the fourth quarter"Trump Deal" suffers heavy lossesNext week's key agenda: US-Russia talks, China-US PMIWhy the Most Expensive Weight Loss Drug Sells the BestGoldman Sachs: The Federal Reserve should and will cut interest rates in DecemberReconsidering the Impact of Vanke's ExtensionCSC: The Federal Reserve's interest rate cut cycle is expected to continue, injecting new momentum for the rise in gold pricesGuolian Minsheng Securities: Can interest rate cuts save the U.S. real estate?The advancing DiDi: Expanding profits domestically, fierce food delivery in Brazil, Robotaxi to expand to 1,000 vehicles next yearCathay Securities: Under the long-term trend of "de-dollarization," the rise of precious metals may continueKUAISHOU accelerates AI transformation: dual enhancement of user ecosystem + advertising monetization, with huge growth potentialThe highly protected overseas large reserves have also started to become competitive, and the "culprits" turn out to be these two?Goldman Sachs comments on "The Battle of China's AI Giants": Alibaba vs Tencent vs ByteDanceSemiAnalysis in-depth interpretation of TPU - Google's impact on the "NVIDIA Empire"Dan Bin spoke today: I think there may only be two companies in China that can benchmark against GoogleMorgan Stanley China CIO Survey: Significant increase in B-end interest in Qianwen and Alibaba Cloud, expected to surpass DeepSeek in three yearsThe Federal Reserve's "market rescue" becomes a turning point! In the last week of November, various assets "strongly rebounded."The Chicago Mercantile Exchange trading interruption exacerbates market volatility, with silver and copper prices reaching historic highs