Hong Kong market update | The decline of the Hong Kong stock market narrowed in the afternoon, with most Biotechnology stocks trending down, WUXI XDC dropping over 12%; Semiconductors stocks rose against the trend, Semiconductor Manufacturing Internationa

Network Technology stocks fell, Baidu Group-SW dropped 2.32%, XIAOMI-W fell 2.24%; Apple Supplier stocks declined, Q TECH fell 5.35%, BYD Electronic dropped 4.73%; Photovoltaic Power stocks mostly declined, FLAT GLASS fell 7.01%, XINYI SOLAR dropped 2.55%;

Futu NewsJan 13 16:21

Omdia: The Global Cloud Computing Service market is expected to grow at a compound annual growth rate of 16% from 2023 to 2028.

The Global Cloud Computing Service market is expected to grow at a compound annual growth rate (CAGR) of 16% from 2023 to 2028.

Zhitong FinanceJan 13 13:36

Hong Kong stock market midday review | All three major Indexes fell over 1%, Semiconductors and Golden Industrial Concept rose against the trend, with Semiconductor Manufacturing International Corporation increasing nearly 4% and SD GOLD rising nearly 3%.

The Network Technology stocks weakened, MEITUAN-W fell by 4.43%, and Baidu Group-SW dropped by 2.90%; Apple Supplier stocks generally declined, TK GROUP HLDG fell by 5.66%, and BYD Electronics dropped by 4.60%; Biotechnology stocks generally fell, WUXI XDC dropped by 11.67%, and EVEREST MED-B fell by 10.84%;

Futu NewsJan 13 12:11

Futu Daily Report | Jensen Huang announces NVIDIA's latest breakthroughs in physical AI, OpenAI officially enters the robotics field; December non-farm payrolls surge, US stocks "plummet back to pre-election levels overnight."

As the "Trump effect" fades, the market gains in US stocks after the election have been completely wiped out. After Friday's close, the S&P 500 Index has only increased by 0.8% since the election on November 5, which may mark the weakest performance from election day to inauguration since Obama took office in 2009.

Futu NewsJan 13 08:28

Hong Kong stocks morning report on January 13: USA employment data exceeds expectations, China Concept Stocks generally decline.

① The number of non-farm jobs in the USA increased by 256,000 in December, higher than market expectations. ② The yield on 30-year US Treasury bonds rose to 5%, reaching the highest level since November 2023. ③ The three major US stock index fell last Friday, with China Concept Stocks experiencing widespread declines. ④ The 18th ASIA FINANCIAL Forum will be held in Hong Kong. ⑤ The International Monetary Fund warns that Trump's tariff policy exacerbates Global economic uncertainty.

cls.cnJan 13 07:00

Michael Burry's Hedge Fund Could Soar If China Cuts Interest Rates in 2025

BenzingaJan 12 03:00