On December 1st, Tencent Holdings Limited spent HKD 636 million to repurchase 1.029 million sharesMorgan Stanley: Assigns "Overweight" rating to Xiaomi Corporation-W with a target price of HKD 62Indian regulators claim Apple is trying to delay antitrust case by challenging fine lawsAt the beginning of December, risk aversion increased, European stocks opened lower, U.S. stock futures fell, the yen rose, silver and copper hit new highs, and Bitcoin plummetedIndia's new regulation: New smartphones from Apple and others must come pre-installed with non-removable state-owned cybersecurity applicationsNVIDIA claims it has not adopted a "revolving financing" model, two well-known short-selling firms have raised questionsSilver and copper resonance, aluminum sector recovery, is the non-ferrous sector starting a year-end rally?The European market continues to bleed! Tesla's registration volume in France and Denmark was "halved" in NovemberEuropean Central Bank's Nagel: Current interest rates are at a "suitable level," and monetary policy is "basically neutral."Deutsche Bank warns: Severe supply disruptions + major industry consolidation, copper market deficit may continue next yearWhat has the market overlooked regarding Japan's expansive fiscal policy?Understanding the Market | NJEC rose over 6% in the late trading session, and the company is currently securing more new business orders, expected to enter the market this ThursdayMorgan Stanley significantly raised its forecast for Google's TPU production: expected to reach 5 million units by 2027, with every 500,000 units "exported" potentially generating an additional $13 billionMorgan Stanley: Humanoid robots are "overheated in the short term and underestimated in the long term," with commercialization being the key to victory or defeatStandard Chartered: Remains optimistic about the Hang Seng Index's target of 29,000 to 30,000 points over the next 12 months, focusing on AI-related stocksA series of negative news follows one after another, and the crypto sell-off tide returns!Amazon and Google Rarely Join Forces: Launch Multi-Cloud High-Speed Interconnection ServiceMonthly production of 50 million units! When Labubu is no longer scarce, what will POP MART take over?Understanding the Market | The entire mobile phone industry chain is rising, Doubao Mobile Assistant prototype released, major manufacturers accelerate the advancement of AI phonesThe cost structure of humanoid robots is undergoing a significant change! The proportion of semiconductors will surge to 24%, focusing on the three core tracks of "brain + vision + sensing."ANZ: The Renminbi is expected to rise to 6.95 by the end of next year, which is unlikely to erode export competitivenessGoldman 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 winners