Group purchase price 1399, PDD has cut Moutai againThe "tail" that has disappeared from the car marketApple loses in the European Union's highest court, facing the threat of a class action lawsuitOn December 2nd, Tencent spent approximately HKD 636 million to repurchase 1.028 million sharesAccelerating to catch up with SK Hynix! Samsung's HBM4 reportedly passed internal testing and is ready to supply NVIDIANorthbound Capital Trends | Northbound capital net purchases of HKD 4.101 billion, continuing to increase positions in technology stocks, with nearly HKD 600 million bought in Meituan throughout the dayHighlights of Amazon AWS Annual Conference: Multi-Industry Collaborations Launched, Promoting Cloud Security, Finance, and SustainabilityIn the new round of bidding, Netflix plans to primarily acquire Warner Bros. in cashAiming at key EUV technology! The U.S. government bets on laser startup xLight: up to $150 million for the largest shareholder positionHong Kong Stock Market Closing (12.02) | Hang Seng Index closed up 0.24%, automotive stocks showed mixed performance, gaming stocks and mobile phone supply chain performed activelyGlobal markets temporarily catch a breather? Bitcoin halts its decline and the Japanese bond auction eases liquidity concernsFortune magazine reports that Barry is shorting Tesla due to its valuation and Musk's massive compensation planDivergence in policy expectations between the US and Japan leads to a decline in US stock futures, a pullback in gold and silver, a rebound in cryptocurrencies, and strong auction demand pushing up Japanese bondsFederal Reserve rate cut VS Japan rate hike? The US market faces shockwaves, and US Treasury yields break 4% againGlobal Tech Blitz: Nvidia Invests in Synopsys, Apple AI Shakeup, Alibaba Updates AI Model | Today's Important News RecapChina Galaxy Securities: Expectations for the Federal Reserve's interest rate cuts rise again, and the mining and metallurgy game stimulates copper prices to riseWhere will the main line of AI be next year? Morgan Stanley: The "de-bottlenecking" theme will replace chips, optimistic about energy infrastructureJapan's long-term bond yields soar to a new high, crossing paths with China's 10-year government bonds for the first time"The Big Short" Michael Burry turns his attention to Tesla! Directly pointing out "absurd overvaluation," naming Musk's exorbitant salary diluting equityUnderstanding the Market | November lithium carbonate production increased significantly year-on-year, TIANQI LITHIUM fell over 4% during trading, and Ganfeng Lithium is down over 2%Morgan Stanley: The difficulty of building an ecosystem for "Doubao" AI phones is high, reiterates "Overweight" rating on Tencent Holdings Limited, Alibaba-W, and MEITUCorporate "guidance upgrades" surge, Wall Street is immersed in a perfect recovery narrativeThe impact of Yongmei is hard to replicate, and the bond market is unlikely to recreate the end-of-2020 market conditionsActivate the red alert! OpenAI suspends its advertising business and is fully committed to "fighting hard" against Google GeminiQT ends with the Federal Reserve's dovish stance! "Wall Street Oracle" optimistic outlook: S&P 500 aims for a new high of 7,300 points by the end of the yearThe AI war in China will "intensify comprehensively" in 2026: "traffic entry" will become a "must-fight" area for major companies, and AI going overseas will also accelerateUnderstanding the Market | ZTE retraced over 7% after yesterday's nearly 14% surge, with Doubao Mobile Assistant technology debuting on NubiaEvercore ISI: Policy dividends are coming, these "K-shaped economy" affected US stocks are expected to rebound in 2026Schroders Investment: The risk of chasing overly high expectations is increasing, and the three pillar strategies strengthen the investment foundationThe stock price of automation leader Fanuc surged nearly 10%! A strong partnership with NVIDIA accelerates the advancement of the "physical AI" narrativeJust now, QT has officially ended, and the use of repurchase facilities has surged. What does this mean for overall liquidity?New Federal Reserve News Agency: Hassett has been "internally confirmed" as the Chairman of the Federal ReserveHong Kong Stock Midday Review: Hang Seng Index rises 0.11% after hitting a high, innovative drug concept leads the declineUnderstanding the Market | Li Auto-W fell nearly 2%, with November delivery volume down nearly 32% year-on-yearApple AI changes leadership! Former Microsoft and Google AI experts take over to face industry lag challengesThe launch of the new foldable screen track: Samsung Galaxy Z TriFold challenges Huawei and races ahead of AppleInvestment Insights - A Clever Defense by NVIDIAThe battle for the AI super entrance escalates"Doubao AI Assistant" Idealistic vs. Realistic? Morgan Stanley: Major smartphone manufacturers prefer in-house development, making implementation very difficultThe market bets real money on "extreme dovish" Harker's rise! Amid calls for division and reform, the Federal Reserve welcomes a "leadership change moment."The Australian court orders Google to pay a fine of AUD 55 million for engaging in anti-competitive behaviorMorgan Stanley Asia Research: The biggest anxiety for clients is the inability to purchase enough NVIDIA chips, and the storage shortage is "one of the most severe in 30 years."Amazon's annual cloud computing conference opens, with the CEO taking the stage tonight. Can the new AI chip "catch up with Google's TPU"?In the face of Google's challenge, who is more vulnerable, NVIDIA or OpenAI?Elon Musk's next goal: Space AI satellites?Understanding the Market | The mobile industry chain continues yesterday's rise, ByteDance partners with ZTE to test AI phones, and various mobile phone manufacturers have accelerated their layoutCICC: Maintains optimism for the Hang Seng Index, keeps the 26,000-point forecast unchanged, and continues to recommend the "dividend + technology internet" combination as the core allocationUnderstanding the Market | XPENG-W fell over 3% with November new car deliveries decreasing by 12.58% month-on-monthThe A-shares opened slightly lower, AI applications strengthened, the Hong Kong stocks opened higher, and Alibaba rose over 3%