港股收盘｜恒指跌 0.81% 收报 24750 点，科技指数重挫，长飞光纤光缆逆市大涨From Limelight to Abrupt Exit: Why Sora Became OpenAI's "Abandoned Asset"If Saudi Arabia's "Plan B" Yanbu Port and Bab el-Mandeb Also Fail, Will Oil Prices Rise Another $20?Europe's AI autonomy strategy accelerates! French startup Mistral secures $830 million in debt financing to purchase NVIDIA chips for building large data centersUBS: If the US raises interest rates this year, the Hong Kong property market and real estate stocks will face downside risks, and rising oil prices will impact Hong Kong retailU.S. convenience store operator Yesway applies for a U.S. IPO aiming to raise up to $300 millionThe non-farm rebound may become a "hot potato": Why could strong employment data make the market "worse off"?China to Build High-Speed Rail Under the Yangtze River! World's Largest Diameter High-Speed Rail Shield Tunneling Machine "Linghanghao" Successfully "Comes Ashore" After 23 Months of Safe Tunneling"Token New Era" – A "Ten Questions, Ten Answers" on China's AI IndustryOne Month of Oil Price Shocks: Why Are Chinese Assets More Resilient?CICC: The situation in Iran remains unclear; in the short term, it is advisable to prioritize investments in technology hardware and internet stocksWar Weighs on Economy: Israel Significantly Lowers Growth Forecast, Defense Spending Doubles, Fiscal Deficit Target Rises to 4.9%Decoding Dollar Liquidity: Cheng Tan of Tantu Macro Guides You Through the Underlying Logic of Global Asset PricingThe energy sector's Apple is soaring! Sige New Energy's revenue has surged over 150 times in two years, ringing the bell at the Hong Kong Stock ExchangeAI Wave plus Grid Overhaul: Morgan Stanley Proclaims US Transformer Supercycle to Last Until 2030Citigroup: TSMC's revenue growth is expected to be stronger in the next two yearsEven a "Ceasefire" Does Not Mean "Normalization"; 2026 Global Economy to Be More "Stagflationary" Than ExpectedUnderstanding the Market | Spot gold returns above $4,500, Chifeng Gold rises over 7%, Lingbao Gold rises over 6%Trump's "Backfire": Rising Oil Prices to "Completely Devour" Tax Cut Dividends, Landmark Achievement "Ruined"Prediction: Apple Will Be the Worst "Magnificent Seven" Stock to Own Between Now and 2030Markets and Central Banks Turn Hawkish: Goldman Explores How to Hedge?Bank of America warns that U.S. stocks, bonds, and gold will be under pressure in Q2, while the dollar and oil prices may emerge as winnersMemory Module Prices Plummet, Memory Stocks Fall Collectively, Has the Memory Supercycle Peaked?European Central Bank Governing Council: The "Inflation Battle" is about to begin, and the United States faces greater systemic risksUS Treasuries Bottoming Out? JPMorgan, Pimco: "Bond Sell-Off" Underestimates "Recession Risk"Iran War Reshapes "Energy Landscape": "Oil & Gas" Major Clients Shift to "Coal, New Energy"Guo Jin Mou Yiling: Signals for Risk Asset Bottoming and Medium-Term ThemesZhitong Decision Reference | Capital Shifts to DefenseInterview with Meitu CEO Wu Xinhong: Meitu is an AI Beneficiary, Product Growth Follows a MethodologyPakistan's Foreign Minister: Both US and Iran Express Confidence in Pakistan's Mediation; Meaningful Talks to Be Facilitated in "Coming Days"Next Week's Key Schedule: Focus on Iran Conflict Developments, US Non-Farm Employment, China PMIDoves Lead the Turn Towards Hawkishness, Fed Officials Hint "Rate Cuts May Be Over," But "Hike Probability Low"Iran Rejects "Ceasefire Agreement," US Plans "Ground Offensive," Oil Prices Surpass $115 at OpeningThe first monthly economic data released after the Middle East conflict: Consumer confidence across the U.S. has plummeted to freezing point. Can March's non-farm payrolls hold up?The inflation shock will eventually turn into a growth shock! Morgan Stanley and PIMCO jointly warn: the bond market is seriously underestimating the risk of a slowdown in the U.S. economyReminder: Key Intraday Focus (All times are Beijing Time)Public Fund Spring Strategy Meetings Convey Confidence: Chinese Assets Show Resilience, Favoring Diversified Investment OpportunitiesOn March 27th, LI AUTO-W spent USD 3.017 million to repurchase 340,000 sharesMeta has suffered consecutive defeats related to failing to disclose known product hazards to the public"Iran Shock" Fuels Fears of Fiscal Deterioration as Eurozone Borrowing Costs Soar to Multi-Year HighsCCB's 2025 Performance: Total Assets Exceed 45 Trillion Yuan, Non-Interest Income Surges Nearly 20% as Key to Breaking ThroughMajor Bank PSBC Delivers Performance Report: Profit and Revenue Rise, Net Income from Fees and Commissions Soars Against TrendsBofA's Hartnett: No "Buy-Low Signal" Yet; How to Understand "Buy the Dip" Trades Including Gold?Elon Musk: Everyone can use Tesla robotaxiThe Bill for the Iran War: Will the "AI Bull Market" Foot the Bill?Faced with Reassurances from Gulf Nations, US Investors Are "Deeply Concerned": How Long Can Middle Eastern Economies Last? Does the Middle East Still Have Money to Invest in the US?Fear Index Off the Charts, Hedge Funds Selling Off! Goldman Sachs Trading Desk Warns: "Outlook for US Stocks Not Optimistic"All "Co-Founders" Resign, Musk "Completely Restructures" xAI