GMT EIGHT - OPPORTUNITIES IN CHINA

Bank of America Securities: How do US economic policies affect the prices of gold and copper?

The latest analysis from Bank of America indicates that gold's long-term upside target could reach $4,000 per ounce, driven by increased investment demand and financial policy uncertainty. Meanwhile, copper prices are showing resilience due to supply constraints and stimulus policies in China.

In order to circumvent the U.S. ban, NVIDIA Corporation (NVDA.US) plans to launch a "modified" version of the H20 chip in the Chinese market.

According to three informed sources, following the export restrictions imposed by the US government on original chips, Nvidia plans to launch a specially downgraded version of the H20 artificial intelligence chip for the Chinese market in the next two months.

The tariffs on chips and medicine in the United States, among other fields, severely impact global technological exchange and development, harming the common interests of all mankind.

In recent years, high-tech industries represented by chips and pharmaceuticals have become important battlegrounds for the US government to promote unilateralism and technological hegemony.

General Administration of Customs: China's goods trade import and export grew by 2.4% year-on-year in the first four months.

According to customs statistics, the total value of China's goods trade import and export in the first four months of 2025 was 14.14 trillion yuan, an increase of 2.4% year-on-year.

Alibaba (09988) CEO Daniel Zhang posted on the internal network: Returning to the original heart, starting a new entrepreneurial journey.

Wu Yongming emphasized that Alibaba's genes do not contain "preserving achievements", only "creating".

PHX Minerals Inc. Class A (PHX.US) was acquired by White Hawk for $187 million, with a nearly 20% increase in after-hours trading.

Earlier, natural gas mineral rights and royalties company WhiteHawk agreed to acquire Pandeer Oil and Gas for $4.35 per share in cash, causing the latter's stock price to surge over 20%.

Negotiations with Meta (META.US) and cryptocurrency companies regarding stablecoin payments.

According to reports, Meta Platforms (META.US) is in talks with multiple cryptocurrency companies to introduce stablecoins to manage expenses and has hired a Vice President of Product with cryptocurrency experience to assist in the discussions.

Barclays: Private credit expands borrowing to blue chips, and the eventual market size is expected to reach $22 trillion.

Barclays pointed out that private credit is now also making a major push into the blue-chip lending sector, with the potential to eventually reach a market size of 22 trillion US dollars.

Risk assets rebounded to boost the market, Bitcoin surged back above $100,000.

On Thursday, Bitcoin returned to over $100,000 for the first time since February, breaking this psychological barrier.

Affirm (AFRM.US) turns a loss into a profit in Q3, Q4 revenue forecast falls short of expectations.

Affirm's revenue forecast for the fourth quarter is below analyst expectations.

US Stock Market Move | Trump claims to have reached a "significant trade agreement" with the UK, and three major indexes have seen short-term increases.

On Thursday, the three major US stock indexes saw a short-term rebound, with the Dow rising by 1.27%, the Nasdaq rising by 1.6%, and the S&P 500 rising by 1.2%.

A potential super energy giant to rival Exxon Mobil Corporation is expected to emerge! Shell (SHEL.US) and BP p.l.c. Sponsored ADR (BP.US) are in talks for an epic merger.

A potential giant is about to be born: if Shell acquires BP, a European super energy giant comparable in size to Exxon Mobil will be born.

Tesla, Inc. (TSLA.US) Indian head suddenly resigns, local layout changes suddenly.

According to informed sources, Tesla's regional manager for India, Prashanth Menon, has submitted his resignation, at a crucial stage as the electric car giant finalizes plans to open its first showrooms in Mumbai and New Delhi.

Powell's "no rush to cut interest rates" stance triggers rise in US bond yields, market reassesses Federal Reserve policy path.

After Federal Reserve Chairman Powell stated that he would not cut borrowing costs hastily, traders reduced their bets on a Fed rate cut, causing US bond yields to rise on Thursday.

IDC: The market share gap for smartphones priced above $600 between China and the United States decreased by 0.6 percentage points year-on-year.

IDC believes that from a global perspective, as the shipment volume of smartphones priced above $600 in China continues to approach that of the United States, the competition for market share in the high-end smartphone market between China and the United States will be inevitable.

China and India signed a trade agreement significantly reducing tariffs, with companies like Jaguar Land Rover and Diageo plc Sponsored ADR (DEO.US) potentially benefiting.

India has decided to reduce tariffs on products such as cars and whiskey manufactured in the UK, a move that will benefit companies like Jaguar Land Rover and Diageo.

Shanghai Auntie's (02589) Hong Kong public offering has obtained 3616.83 times oversubscription, expected to be listed on May 8th.

Auntie from Shanghai (02589) announces the results of the distribution, the final number of shares for public offering in Hong Kong (adjusted after re-allocation...

New Stock Preview | Livelihood Group submits application again: Annual revenue exceeds 600 million, growth troubles still exist behind the "travel fever".

With the pace of consumption upgrades accelerating and people's awareness of travel continuously increasing, Vitality Group has gradually developed into a "leading player" in the industry.

The Hong Kong Legislative Council passed the Stamp Duty (Amendment) Bill, which is expected to benefit around 15% of property transactions.

On May 7th, the Hong Kong Legislative Council passed the "2025 Stamp Duty (Amendment) Bill."

Traders decrease rate cut bets, US bond yields rise ahead of Federal Reserve interest rate decision.

U.S. Treasury yields fell before the Federal Reserve announced its interest rate decision, as data showed the economy's resilience and investors bet that the pace of monetary easing would slow down.

Latest

1 m ago

Powerlong New Energy Investment Holdings Limited (03677.HK): The stable pricing period has ended, there will be no stable pricing actions, and the over-allotment option will be void.

1 m ago

Ethereum's intraday gains expand to 20%, reaching $2450, up 27% in the past 24 hours.

2 m ago

Greenland Hong Kong (00337.HK) achieved contract sales of approximately 880 million yuan in the first 4 months, a decrease of 69.3% year-on-year.

2 m ago

Recently, many internet users have posted that Baidu Maps' navigation feature has embedded advertisements for Dongpeng Special Drinks on the road surface, which cannot be closed and affects driving safety. Many netizens have criticized: "This is outrageous", "They are just money hungry", "This affects driving". When contacted by Sina Finance as an investor, a staff member of the Dongpeng Special Drinks investor relations department stated, "Specific events may still need to be confirmed with the department responsible for cooperation. We will verify and handle the situation as soon as possible. Thank you for your attention and reminder."

2 m ago

Qing Construction International: awarded three construction contracts with a total contract value of approximately 2.09 billion Hong Kong dollars.

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