Baidu's Hong Kong stock rises to a new high in over two years; Jefferies raises target price by 14% due to Kunlun Core's spin-off planMorgan Stanley: Expects MEITU to further deepen cooperation with Alibaba-W, target price HKD 15.7, rating "Overweight"Understanding the Market | The robot concept continues to rise, with frequent exchanges in the industry chain recently, and the market is heating up for Tesla's Optimus outsourcingUnderstanding the Market | Li Auto-W surged over 6% in early trading, with cumulative deliveries exceeding 1.5 million. Reports indicate that the company's product line will be adjustedAI spending, corporate profits, dovish Federal Reserve! The U.S. stock market's "four consecutive days of gains" relies on three indispensable pillarsStrict control over gold trading! Central banks worldwide "get involved personally," "directly purchasing" domestic gold mines to prevent smuggling and exportsOn the first trading day of the New Year, Hong Kong stocks opened high, with "the first GPU stock in Hong Kong" BIREN TECH rising over 82% upon listing, and the offshore RMB continued to strengthen港股开市｜恒指涨 0.34%Baidu officially announced the "Kunlun Core Hong Kong Stock IPO," reporting that "shipment volume ranks among the top three in domestic production." Goldman Sachs believes Baidu's equity value is "3-11 billion USD."Musk's "autonomous driving frenzy" cannot hide the sales winter! Tesla faces a more severe test in 2026Baidu submitted a proposal to the Hong Kong Stock Exchange for the spin-off of its artificial intelligence chip subsidiary Kunlun ChipReminder: Please pay close attention to the following (all times are in Beijing time)December Electric Vehicle Report Card: Xiaomi first breaks the 50,000 mark, Nio and Hongmeng Zhixing deliveries reach new highs, Leapmotor grows over 40% year-on-yearSemiAnalysis in-depth report: The U.S. power grid can't keep up, AI data centers are racing against time to "build their own power plants"Turning point: In 2025, A-shares will outperform U.S. stocks!BYD: December new energy vehicle sales reached 420,400 unitsOld Huang's $20 billion reasoning loop has taken shapeTop 10 strongest U.S. stocks in 2025, with 3 in storageDigital Renminbi 2.0: Mechanisms and Technological Innovations of "Interest-bearing Digital Currency"On the last day of 2025, the Federal Reserve "unleashes record liquidity."Active management, fixed income +, ETF three major tracks -- Understand this year's public fund big winners in one articleZijin Mining founder: Reverse flow is the "shortcut" to success in lifeReports indicate that Apple is reducing Vision Pro production and marketing investment due to weak salesStorage prices have skyrocketed, and consumer electronics products may see price increases of up to 20% this yearOn the last day of Buffett's tenure, Berkshire's stock price slightly declined, with a 60-year return of 61,000 times!2 days and 20 hours, with zero interventions across the United States, has Tesla FSD passed the "physical Turing test"?The stock god takes a bow! In the final year of his Berkshire career, Buffett firmly "sells stocks and hoards cash"Gold vs US Stocks"Stock Boom"! Global stock markets have risen for the third consecutive year with double-digit gainsMoody's chief economist expects the Federal Reserve to adopt aggressive easing policies in early 2026, with potential rate cuts three times before mid-yearThe stock price has fallen for six consecutive days, closing at 2025! Tesla's Q4 delivery data is about to be released, and the market is more focused on the progress of autonomous taxisOvernight news on January 1: U.S. stocks closed lower, popular Chinese concept stocks fell broadly, NVIDIA GPUs reported to have significant price increases, and Buffett officially stepped down from BerkshireU.S. mortgage rates have declined for the third consecutive week, reaching the lowest level since 2025Top 20 U.S. stock trading volumes on January 1: It is rumored that NVIDIA GPUs will see a significant price increase this yearNVIDIA is investing in Brookfield's artificial intelligence infrastructure fundSeizing the opportunity of the surge in gold and copper prices, Zijin Mining's profits soared by nearly 20 billionNike's stock price rises as CEO and Apple's Tim Cook previously made significant purchasesLenovo's super intelligent entity aims to play the "security card"Chinese electric vehicles are selling explosively in Europe, with market share reaching a historic high!Unfazed by Trump's pressure, 350 prescription drugs in the U.S. will see price increases next yearBlue Arrow Aerospace's IPO has been accepted, aiming to become the "first stock of commercial rockets"!In order to provide "high-quality content" for Grok, Musk is considering "increasing original rewards on the X platform."Zhitong Hong Kong Stock Analysis | 2025 Hong Kong Stocks Perform Strongly Throughout the Year, Aerospace and Aviation BoomingDeepMind CEO tackles killer AI applications for GoogleOn the closing day of 2025, U.S. stock index futures fell collectively, technology stocks were under pressure, gold and silver both declined, with spot silver dropping nearly 6%, while crude oil rose slightlyInterest rate cut expectations and mining stocks boost the UK FTSE 100 index, which is expected to achieve its strongest annual performance in 16 years2025 Commodity Review: Crazy Gold and Silver, Advancing Copper and Lithium, Disappointing Crude Oil