HK, US stocks top stories
National Bureau of Statistics: In December 2025, CPI rose by 0.8% year-on-year and 0.2% month-on-monthUnderstanding the Market | Alibaba-W rose over 4% in early trading as Alibaba firmly increases investment in Taobao Flash Sale, aiming for absolute market leadershipThe Supreme Court may rule on the legality of Trump's tariffs on Friday, as the U.S. economy faces a critical decisionGlencore and Rio Tinto restart merger talks, planning to form the world's largest mining companyGoldman Sachs: Expects domestic car companies in mainland China to face profit pressure this year, accelerating overseas expansion; BYD COMPANY and XPENG-W have advantagesUnderstanding the Market | Most Gold Stocks Rise as Geopolitical Risks and Rate Cut Expectations Support Gold Prices; Several Gold Mining Companies Issue Positive Earnings ForecastsUnderstanding the Market | LEOCH INT'L plummets over 60% as its subsidiary goes public in the U.S. Today marks the first day of trading shares based on the ex-rights benchmarkUnderstanding the Market | Weichai Power rose over 6% as US stock SOFC leader secured a $2.65 billion order; the company previously obtained manufacturing license from Ceres for SOFCDecember non-farm payrolls released tonight: Employment expected to grow moderately to 73,000, "year of stability" may become the main theme of 2026China's December PPI fell by 1.9% year-on-year, better than the previous -2.2%. The forecast was -2%The Hang Seng Index opened up 0.47%, and MiniMax surged over 42% on its first day of listing. Alibaba and JD.com rose over 3%, while Bilibili and Tencent Music increased by over 2%The results of the U.S. Section 232 tariff investigation will be released on Saturday! Silver, platinum, and palladium will face "significant uncertainty."