Central bank Q1 MMF policy meeting: to lower reserve requirement and interest rates at the right time, focus on the changes in long-term yields from a macro-prudential perspective, and study innovative structural tools.
The Monetary Policy Committee of the People's Bank of China held its first quarterly meeting for 2025, recommending an increase in the intensity of monetary policy regulation, enhancing the foresight, targeting, and effectiveness of monetary policy regulation, and, based on the domestic and international economic and financial situation as well as the running of the financial market, will choose the right time to lower the reserve requirement ratio and interest rates.
The "gap" in the implementation of the DeepSeek large model integrated machine | Depth
① The customer demand for the DeepSeek all-in-one machine has significantly increased, more than doubling compared to the customer density brought by ChatGPT in the previous two years. ② Currently, there is a severe shortage of relevant technical talent in government and enterprises, and there is a considerable gap between large models and their Business implementation.
Daily Bull and Bear | The Hang Seng Index's night futures are approaching the 24,000-point level, with the bull certificates' street stock rising to 63% yesterday; Tencent's stock came under pressure after announcing its earnings, with over 100 million Ho
In terms of Capital Trend for the Hang Seng Index, there was a net Inflow of 86 million HKD for long positions and a net Outflow of 76 million HKD for short positions.
Highlights from the brokerage morning meeting: Large models are driving the middle platform into a new phase, and the Technology Hardware Industry Chain is expected to benefit.
In today's Brokerage morning meeting, Soochow believes that the commercialization of non-invasive brain-machine interface products is expected to accelerate; HTSC stated that the growth rate of parcel volume in the express delivery industry this year may exceed expectations; China International Capital Corporation pointed out that large models are driving the middle platform into a new stage, and the Hardware Industry Chain is expected to benefit.
U.S. stock market close | The three major Indices collectively fell slightly; most Chinese concept stocks declined, with Alibaba dropping over 4%, while PDD Holdings rose nearly 4% against the trend after earnings; Quantum Computing concept stocks weakene
Accenture fell over 7%; quantum computing stock D-Wave dropped 18%; after the Earnings Reports, FedEx fell over 5% in after-hours trading; Micron Technology once rose over 5% in after-hours trading. NIO declined nearly 9%, but PDD Holdings closed up 4%. After the Bank of England meeting, UK bond yields experienced a V-shaped reversal, and UK stocks halted a six-day rally. The USD reached a two-week high. Brent crude oil rose nearly 2% to create a new three-week high. Gold reached a new intraday historical high for three consecutive days. Copper increased for four straight days, closing at a new historical high.
Before the "three witching hour," US stocks had a one-day rebound, quantum computing stocks plummeted, PDD Holdings briefly rose by 10%, and the Bank of England took a hawkish stance, with UK bonds turning to declines during the session.
Accenture fell over 7%; quantum computing stock D-Wave dropped 18%; after the Earnings Reports, FedEx fell over 5% in after-hours trading; Micron Technology once rose over 5% in after-hours trading. NIO declined nearly 9%, but PDD Holdings closed up 4%. After the Bank of England meeting, UK bond yields experienced a V-shaped reversal, and UK stocks halted a six-day rally. The USD reached a two-week high. Brent crude oil rose nearly 2% to create a new three-week high. Gold reached a new intraday historical high for three consecutive days. Copper increased for four straight days, closing at a new historical high.