Hong Kong Stock Market Midday Review | All three major Indexes rose after the holiday, with the Tech Index up over 1%; Xiaomi-Backed, Semiconductors, and Communication Equipment stocks increased, Kingsoft Cloud soared over 33%, ZTE rose over 12%, and Semi

The Network Technology stocks are mixed; XIAOMI-W has risen over 5%, KUAISHOU-W has fallen by 1.39%, Baidu has dropped by 1.11%, JD-SW has decreased by 3.69%, MEITUAN-W has increased by 0.26%, and TENCENT has fallen by 0.24%.

Futu News12:18

Daily Bull & Bear | The Hang Seng Index returns to 20,000 points! The latest bull-bear street ratio is 59:41; WEIMOB INC rose over 115% on the 4th, with warrants seeing a doubling increase at the highest point.

As of the close of trading, the total market turnover was 84.59 billion Hong Kong dollars, with all warrants and callable bull/bear contracts totaling 6.261 billion Hong Kong dollars, accounting for 7.4% of the market turnover, of which the ratio of long positions was 4.1% and the ratio of short positions was 3.3%.

Futu News08:57

Futu Morning Report | Apple hits a new high for four consecutive days! Wedbush raises the Target Price to $325; US Small Cap stocks are booming, with Drone and Quantum Computing concept stocks leading the surge.

The number of initial jobless claims in the USA fell to the lowest level in a month last week, but the duration of unemployment has increased; NVIDIA has launched the GB200 NLV4, and the GB300 is expected to be released in March next year; additional upward momentum? MicroStrategy plans to sell more shares to raise funds for purchasing Bitcoin.

Futu News08:09

Bullish! Fund manager: The Chinese stock market is expected to bring "strong returns," and investment exposure has increased by "more than 10%".

This fund manager has increased the investment exposure to China by more than 10%…

Golden10 DataDec 26 16:37

In 4 trading days, the stock price doubled, and the success of Weimob's "WeChat Store" comes with a backdrop of a 5.1 billion loss over 4.5 years and a sharp decline in paid users.

"In just 4 trading days, the stock price doubled, and the Market Cap surpassed 10 billion." This is the prosperous scene of WEIMOB INC's stock being "driven up" after the gray testing of the Wechat Mini Program's "gift-giving" function.

Sina TechnologyDec 26 10:59

Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?

Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.

wallstreetcnDec 26 09:36