The storm has arrived! Bullish funds sell at a record high, and retail trading volume has plummeted by 43% since the conflictBlackRock Fund: If the Middle East conflict reaches a clear conclusion, risk asset prices are expected to recover within 6 to 12 monthsAfter the attack on facilities in Qatar, multiple parties are reportedly seeking long-term contracts with the U.S. side, leading to a rise in the stock prices of U.S. LNG suppliersGoldman Sachs: Reiterates "Buy" rating on Alibaba-W with a target price of HKD 180The Middle East energy conflict cools down, oil prices retreat, U.S. stock futures are weak, and gold stabilizes at $4,660 after a sharp dropTencent QClaw launches full public beta, achieving comprehensive coverage of five major IM toolsIs the decline in gold due to the surge in demand for dollar financing?Daiwa Capital Markets: Maintains "Buy" rating on Alibaba-W, target price lowered to HKD 192Understanding the Market | XPENG-W fell over 5% today and will release its annual performance; CICC previously lowered its profit forecastFidelity International: If the situation in the Middle East continues to escalate, it may rule out the possibility of the Federal Reserve cutting interest rates this yearMarket pricing is shifting from "rapid end of the war" to "spreading uncertainty"Reviewing five rounds of oil shocks, Goldman Sachs predicts: oil prices may briefly exceed the 2008 peak in the short term, maintaining above $100 in the long termAfter the "glass glue war," GIANT BIOGENE shows its first signs of growth anxietyDaiwa: Reiterates "Buy" rating on Alibaba-W, lowers target price to HKD 184Xiaomi (Spring Launch): SU7 gets a quiet refresh; MiMo free for a limited time to climb the charts
---Macquarie: Tencent Holdings has limited short-term profit improvement potential, target price lowered to HKD 559This oil price shock is different! The U.S. shale oil has completely "laid flat," and the largest supply buffer has disappearedTesla is reportedly planning to purchase $2.9 billion worth of photovoltaic manufacturing equipment from ChinaAI is revolutionizing design software! Google's "vibe design" emerges, and Figma's stock price plummets 12% in two daysMacquarie: Expects the price war in mainland China's cloud services to bottom out, optimistic about Alibaba-W's cloud combination transformation, with a target price of HKD 216Wall Street comments on Alibaba's financial report: Short-term "profit reset" is for long-term AI explosionChina's LPR in March remains unchanged for the tenth consecutive month: the LPR for over 5 years is 3.5%, and the 1-year LPR is 3%Understanding the Market | Alibaba-W opened over 6% lower after earnings, with third-quarter revenue and profit performance falling short of expectationsThe Hang Seng Index opened down 0.64%, Alibaba fell over 6%After a year of being bearish, JPMorgan Chase announces: a tactical shift to bullish on the dollar!Overnight market key turning point! Netanyahu: Pause airstrikes on Iranian energy facilities, war may end "earlier than expected"Change in wind direction! New bond king: The Federal Reserve may raise interest rates nextFrom interest rate cuts to hikes! The bond market has undergone a historic shift in expectations regarding the Federal Reserve's policy pathGoogle Gemini secretly launches Mac testing, three major AI giants face direct competition in the Apple ecosystemWhy did gold and silver plummet?CITIC Construction Investment: After the US-Iran conflict, gold prices weakened; three factors to watch for the future direction of gold pricesBezos discusses raising $100 billion, focusing on the manufacturing industry's transition to AIZhitong Hong Kong Stocks Early Knowledge | Overnight COMEX gold futures for the current month fell nearly 5%. Central Bank: Firmly maintain the stable operation of financial markets such as stocks, bonds, and foreign exchangeEuropean Central Bank officials signal an interest rate hike in April: The situation in Iran raises inflation expectations to 2.6%NVIDIA plans to deliver 1 million GPUs to Amazon AWS by 2027Amazon acquires startup Rivr to test robots for "doorstep delivery."Reminder: Please pay close attention to the following (all times are in Beijing time)U.S. Senator Warren requests Walsh to respond regarding the inquiry mentioned in the Epstein filesJensen Huang: AI leaders should avoid spreading panic, optimistic that Anthropic's revenue will exceed one trillion by 2030Top 20 U.S. Stock Trading Volumes on March 20: UBS Lowers Tesla's First Quarter Delivery ExpectationsFigma's stock price fell 11% over two days due to Google's release of the "Atmospheric Design" productReport: Trump hints that the U.S. Department of Justice should continue investigating Powell, complicating the prospects for Kevin Warsh's confirmation as Federal Reserve Chairman in the SenateHorizon Robotics (4Q25 Trans): 2026 auto rev. target +60%---The path to the nomination of Lael Brainard as Chair of the Federal Reserve is complicated! Report: Trump hints that the U.S. Department of Justice should continue investigating Powell