Futu Morning Report | The market is experiencing severe fluctuations! New developments in Trump's policies are rumored: details on tariffs may be announced on the evening of April 1 or on the 2nd; conservative media stock Newsmax surged over 700% on its f
Federal Reserve's "third in command" Williams: There is absolutely a risk of rising inflation in the USA; Tesla rebounded after a 7.7% drop! Concerns about growth are increasing, and Wall Street expects Q1 delivery volumes to be the worst performance since Q4 2022.
How was the pricing scheme for the capital increase of the four major banks determined? Direct coverage of the four major banks' 520 billion "capital increase" meeting.
Senior executives of the four major banks explain the relevant details.
Futu Daily | The storm of Trump's tariffs is coming! On April 2, the Global financial markets may face "turbulent waves;" the Treasury makes a significant move, injecting 500 billion into the four major state-owned banks.
CoreWeave's IPO in the USA saw its opening price drop below the offering price on the first day, falling more than 6% during the day before closing flat; former Silicon Carbide giant Wolfspeed plummeted by 50%! The funding from the chip legislation remains undecided, and the Convertible Bonds refinancing encounters obstacles.
DeepSeek V3 shocks Silicon Valley again, suddenly shrinking the China-US AI gap to just 3 months!
After the minor version upgrade of the DeepSeek V3 model, Kai-Fu Lee stated that it has narrowed the AI gap between China and the US to three months, and in certain areas, China has even taken the lead.
Express News | The DeepSeek-V3 model has been updated, with comprehensive advancements in various capabilities.
CHINA TELECOM's revenue in 2024 increased by 3.1% year-on-year, Asia Vets revenue surged twofold, capital expenditure decreased by 5.4% year-on-year, and AI and quantum technology became the focus of the Global Strategy | Earnings Reports insights.
CHINA TELECOM's revenue and net profit steadily grew in 2024, with new Business showing impressive performance; Asia Vets revenue surged nearly twofold, while Tianyi Cloud, Datacenter, and video networking revenues all achieved double-digit growth. By the end of the reporting period, CHINA TELECOM's own and accessed smart computing power reached a total of 62 EFLOPS, significantly enhancing competitiveness in the intelligent computing field. The total amount of dividends distributed for the year increased by 11.4% year-on-year. There is a commitment to gradually increase the cash dividend ratio to over 75% within three years.