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New Stock News | Step Sing and Move Wisdom Submit Hong Kong Stock Exchange

According to the disclosure on May 20th by the Hong Kong Stock Exchange, Tago Goodway Technology Co., Ltd. (referred to as Tago Goodway) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Huatai International as the exclusive sponsor.

New stock news | Hong Kong and Macao culture and tourism delivered to the Hong Kong Stock Exchange

According to the Hong Kong Stock Exchange disclosure on May 20th, China Travel Hong Kong and Macau Cultural Tourism Holdings Limited (referred to as Hong Kong and Macao Cultural Tourism) submitted an application for listing on the Main Board of the Hong Kong Stock Exchange through introduction. China Galaxy Securities is its exclusive sponsor.

HK Bull/Bear Outstanding Qty Ratio(67:33) | May 21st

As of May 21, the latest bull-bear street ratio of the Hang Seng Index is 67:33.

Overnight US stocks | Trump said that negotiations between the US and Iran have entered the final stage, and the Dow Jones Industrial Average has returned to the 50,000 point mark. NVIDIA Corporation's Q1 financial report exceeded expectations, but its stock still fell by 1.6% after hours.

The Dow rose 645.47 points, up 1.31%, to 50009.35 points; the Nasdaq rose 399.65 points, up 1.54%, to 26270.36 points; the S&P 500 index rose 79.31 points, up 1.08%, to 7432.92 points.

A company is propping up the price of Bitcoin! Despite weak market demand, Strategy (MSTR.US) continues to increase its holdings on a large scale.

Strategy is becoming the most core force supporting the price of Bitcoin.

Trump says US-Iran negotiations have entered "final stage," international oil prices plummet.

Trump told reporters on Wednesday that negotiations between the US government and Iran have entered the "final stage."

OpenAI is rumored to submit its IPO application as soon as this Friday, with an estimated valuation exceeding $85 billion.

OpenAI will secretly submit the IPO prospectus draft as early as this Friday, and the company is preparing for what could be one of the largest IPOs in global history.

The minutes of the Fed meeting released a strong hawkish signal, officials discussed that the focus has shifted towards raising interest rates.

The Federal Reserve is clearly shifting towards a more hawkish stance internally.

SpaceX: The Hercules II computing cluster is used to train the next generation Grok 5 artificial intelligence model.

Nvidia's first quarter sales reached $8.16 billion, exceeding expectations.

Nvidia released its financial report, with sales reaching $81.6 billion in the fiscal quarter ending in April, an increase of 85% compared to the same period last year, exceeding analysts' forecast of $78.9 billion by 3.4%. Net profit for the quarter was $58.3 billion, more than triple the same period last year, exceeding analysts' forecast of $42.9 billion by 36.5%. The company had previously projected a profit margin of 75% in February, which remained consistent with the fourth fiscal quarter ending in January. Nvidia's gross margin, announced on Wednesday, was exactly 75%, meeting its own and analysts' expectations. Nvidia also raised its outlook for the current fiscal quarter, estimating sales to reach $91.0 billion with a gross margin of 75%. The company's stock price remained relatively unchanged in after-hours trading.

Minutes of the Federal Reserve meeting show that more policymakers are open to raising interest rates.

Last month, concerns about a potential war with Iran driving up inflation intensified among Federal Reserve officials, leading to more officials becoming open to the possibility of raising interest rates. This indicates that incoming chairperson Powell will inherit an increasingly hawkish team of central bank officials. Minutes from the meeting held on April 28-29, released on Wednesday, showed that most Federal Reserve policymakers believed that if inflation remains above the central bank's 2% target, "taking some policy tightening measures might become appropriate." The minutes stated: "In response to this possibility, many participants indicated that they would prefer to delete from the post-meeting statement those hints suggesting that the Committee's future rate decisions may be biased toward easing." In the Federal Reserve's careful language, while the word "many" does not meet the standard of "most", it suggests that at least three Fed chairpersons who voted against keeping the statement unchanged received support from an equal number of non-voting members. Changing the statement could be seen as a constraint on the new Federal Reserve chairperson, as the chairperson had expressed support for cutting interest rates at least before the outbreak of a war with Iran.

US Stock Market Move | Amass Brands (AMSS.US) debuts on the US stock market, opening with over a 20% decrease.

Amass Brands entered the US stock market, with the opening stock price dropping by over 20%, closing at $13.55.

US Stock Market Move | Optimi Health (OPTH.US) debuts on the US stock market with an opening price drop of over 13%.

Optimi Health has entered the US stock market, with its opening price dropping by more than 13%, at $6.1 per share.

AI boom drives nuclear energy investment to heat up, underground nuclear reactor startup company Deep Fission (FISN.US) submits US stock IPO application, plans to issue 6 million common shares.

The nuclear energy startup company Deep Fission, headquartered in Berkeley, California, officially submitted an IPO application on Wednesday, planning to debut on the Nasdaq market.

US Stock Market Move | Encrypting mining companies collectively rise: CleanSpark (CLSK.US) surged more than 8%.

On Wednesday, cryptocurrency mining companies collectively rose.

AI Super Wave Reshapes the Chip Supply and Demand Landscape! ASMC's latest outlook strengthens the long-term bullish logic for chip stocks.

The core contradiction in the global chip industry is transitioning from the previous "demand cycle fluctuations" to "the acceleration of capacity expansion driven by AI computing power infrastructure surpassing the expansion speed of semiconductor equipment, wafer fabs, and advanced packaging and testing factories".

AI storage easing supply chain pressure? Samsung Electronics Workers' Union decides to postpone strike Labor and management agreement will enter the voting stage

The Samsung Electronics union has announced that the planned large-scale strike scheduled to begin on the 21st has been postponed.

US Stock Market Move | Bank stocks rise, Deutsche Bank Aktiengesellschaft (DB.US) up over 4%

On Wednesday, bank stocks rose.

User base surpasses 3 billion! Alphabet Inc. Class C (GOOGL.US) accelerates AI ecosystem integration, search engine undergoes biggest redesign in 25 years.

Alphabet's Google is further integrating artificial intelligence deeply into its own ecosystem.

US Stock Market Move | Q1 financial report will be announced soon NVIDIA Corporation (NVDA.US) rose nearly 2% in early trading.

On Wednesday, Nvidia (NVDA.US) rose nearly 2% in early trading, up 28% since April, and is now trading at $224.84.

SpaceX is planning to raise $80 billion to launch the largest IPO in history, with a valuation potentially reaching $1.7 trillion.

SpaceX, led by Musk, is preparing for a potential IPO that could rewrite global history.

US Stock Market Move | Astera Labs (ALAB.US) continues to rise by over 10%, with a cumulative increase of 62% so far this year.

On Wednesday, Astera Labs (ALAB.US) continued to rise more than 10%, with a cumulative increase of 62% so far this year, now trading at $271.37.

US Stock Market Move | Storage sector opened strong, Micron Technology, Inc. (MU.US) rose nearly 3%.

On Wednesday, the storage sector opened strong.

New stock news | XCMG re-submits application to Hong Kong Stock Exchange

According to the disclosure on the Hong Kong Stock Exchange on May 20th, XCMG Heavy Machinery Co., Ltd. (referred to as XCMG Heavy Machinery) submitted its listing application to the main board of the Hong Kong Stock Exchange, with China International Capital Corporation and CICC as its joint sponsors.

US Stock Market Move | Semiconductor stocks showed strong growth at the beginning of the day, Cerebras Systems (CBRS.US) rose more than 10%.

On Wednesday, semiconductor stocks opened strong and continued to rise.

Market news: Samsung Electronics union has postponed the strike.

US stock market opening: three major stock indices all rise

The Dow rose 0.20%, the S&P 500 rose 0.31%, and the Nasdaq rose 0.51%. Intel rose 7.03%, Micron Technology rose 6.12%, Constellation Energy rose 4.58%, TJX rose 4.53%, and Micron rose 4.02%. For the "Seven Sisters" tech stocks: Tesla rose 1.33%, Google rose 0.66%, Amazon rose 0.66%, Nvidia rose 0.46%, Apple rose 0.02%, Meta Platforms fell 0.23%, and Microsoft fell 0.51%.

Facing the "618" shopping festival: Apple Inc. (AAPL.US) has reduced Pro model prices by 1,000 yuan, and investment banks are optimistic about the iPhone 17 series grabbing market share against the trend.

Apple (AAPL.US) recently reduced the price of some iPhone 17 models in the Chinese market, just before the annual "618" shopping festival.

Tesla, Inc. (TSLA.US) FSD officially lands in Lithuania, expanding its presence in Europe.

Tesla announced on social platform X on Wednesday that its Full Self-Driving (FSD) Beta driving assistance software has officially landed in Lithuania.

New stock news | Guanan information exchange table Hong Kong Stock Exchange

According to the Hong Kong Stock Exchange disclosed on May 20th, Shanghai Guanan Information Technology Co., Ltd. (referred to as Guanan Information) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC and CITIC Securities International acting as joint sponsors.

Intel Corporation (INTC.US) "bull market narrative" is becoming increasingly popular! AI reasoning is driving up CPU demand as the 18A advanced process technology gradually enters its prime.

"The data center's CPU demand frenzy and the continuous improvement of profit prospects of the advanced chip manufacturing process + 18A are jointly igniting and driving Intel's super bullish narrative."

Pharmaceutical giants collectively embrace AI intelligent body: Bristol-Myers Squibb Company (BMY.US) promotes Claude to 30,000 employees.

BMS (BMY.US) is promoting Anthropic's flagship Claude AI platform to its more than 30,000 employees, in order to expand the application of artificial intelligence and AI intelligence in research, clinical development, and enterprise operations.

Trump sends signal of easing + Oil tanker passage with double pressure International oil prices fall sharply by 3% towards the largest drop in two weeks.

International oil prices continued to fall on Wednesday, with both US and Brent crude oil prices continuing to decline, dropping more than 3% at one point during the day.

On Friday, the draft of the amended common reporting standards amendment regulations for the Hong Kong encrypted assets declaration framework was published.

The Hong Kong government will gazette the "Inland Revenue (Amendment) (Cryptocurrency Reporting Framework and Revised Common Reporting Standard) Bill 2026" on May 22 and submit it for first reading in the Legislative Council on June 3.

Under the wave of AI, there is a surge in demand for power management semiconductors. Analog Devices, Inc. (ADI.US) Q3 performance guidance exceeds expectations.

Analog Devices (ADI.US) third-quarter revenue forecast is higher than Wall Street's expectations, showing that the market's demand for its power management semiconductors and sensor components is continuously growing under the wave of artificial intelligence.

Selected A-share announcement | Shenzhen Dynanonic (300769.SZ) plans to invest 8.7 billion yuan in the construction of lithium battery new materials and other projects.

German nano plans to invest 8.7 billion yuan in the construction of lithium-ion new materials and phosphorus-based new energy materials projects.

Fearless of price impacts! Target Corporation (TGT.US) delivers strongest same-store sales in four years, new CEO's transformation strategy takes first successful step.

After experiencing three consecutive years of declining revenue following the pandemic, the transformation efforts of the American retail giant Target are starting to pay off.

The ultimate test of the AI wave: NVIDIA Corporation (NVDA.US) releases its financial report, will it continue the bull market in technology stocks or ignite the "wall of worries"?

Nvidia will announce its financial report after the stock market closes on Wednesday. Wall Street expects this leading company in the artificial intelligence semiconductor industry to achieve strong performance.

Preview of US Stock Market | Three major stock index futures rise together, NVIDIA Corporation (NVDA.US) heavyweight financial report to be released after the market closes.

Before the U.S. stock market opened on May 20 (Wednesday), futures for the three major U.S. stock indexes all rose.

LME tin main contract surged 5%

The LME main tin contract rose sharply by 5%, now trading at $54,300.0 per ton.

New Stock News | Kelon Information Files with Hong Kong Stock Exchange as the largest independent digital energy solution provider in the country

According to the disclosure on the Hong Kong Stock Exchange on May 20th, Shanghai Ke Liang Information Technology Co., Ltd. (referred to as Ke Liang Information) submitted its IPO application to the main board of the Hong Kong Stock Exchange, with Guojin Securities (Hong Kong) as the exclusive sponsor.

Copper, aluminum, lithium, nickel.... "AI investment trends" in commodities beyond AI computing power trading theme.

Wall Street veteran strategist Jeff Corey said that the AI computing power boom has opened a decade-long upward cycle for commodities. With the collision of artificial intelligence construction and long-term underinvestment in energy and raw material production capacity, this cycle may continue for ten years or longer.

Changxin Technology's IPO on the Science and Technology Innovation Board will be reviewed on May 27th. The company's performance in 2025 achieved a turnaround from loss to profit.

The Shanghai Stock Exchange Listing Committee is scheduled to hold the 27th meeting of the Listing Review Committee for the year 2026 on May 27th, where they will review the initial public offering of Changxin Technology Group Limited.

Lowe's Companies, Inc. (LOW.US) performed better than expected in Q1, but the sluggish trend cannot be ignored. Same-store sales guidance is lower than expected, warning that macroeconomic headwinds may persist throughout the year.

The financial report shows that Lo Shi's first quarter revenue reached 23.1 billion US dollars, a year-on-year increase of 10.4%, exceeding expectations by 2.2 billion US dollars; adjusted earnings per share were $3.03, better than expected.

ECB board member Wunsch: If the Middle East conflict continues until June, the probability of a rate hike will be "very high".

European Central Bank Governing Council member Pierre Wunsch said that if the conflict related to Iran does not end before June, there is a very high possibility that the European Central Bank will increase borrowing costs next month.

Brent crude oil fell below $108 per barrel, dropping 3.08% within the day.

New stock news | Ke Liang information is submitted to the Hong Kong Stock Exchange.

According to the disclosure by the Hong Kong Stock Exchange on May 20th, Shanghai Ke Liang Information Technology Co., Ltd. (referred to as "Ke Liang Information") has submitted its listing application to the main board of the Hong Kong Stock Exchange, with Guojin Securities (Hong Kong) as the exclusive sponsor.

Hong Kong Stock Exchange: Chapter 18C Companies Strongly Focused on Financing in Hong Kong First quarter financing of $2.5 billion exceeds total of past two years.

Since the beginning of 2026, Tech Specialized Company has been consistently active in the Hong Kong new stock market. In just the first quarter, according to Chapter 18C, the company has raised $2.5 billion, surpassing the total of the past two years. As we enter April, the number of related IPO applications continues to increase, reflecting Hong Kong's increased capacity to support innovative enterprises.

Northbound funds | Northbound Trading Net Buying Rises to 5.708 Billion, Mature Process Capacity May Face Shortages, Northbound Trading Rushes to Secure Over 2.1 Billion Hong Kong Dollars in Semiconductor Manufacturing International Corporation (00981).

On May 20, the Hong Kong stock market saw a net purchase of 5.708 billion Hong Kong dollars by Northbound investors. Among them, the Shanghai-Hong Kong Stock Connect witnessed a net purchase of 2.998 billion Hong Kong dollars, while the Shenzhen-Hong Kong Stock Connect saw a net purchase of 2.71 billion Hong Kong dollars.

Southbound funds bought a net amount of 5.708 billion Hong Kong dollars today.

In terms of the Shanghai-Hong Kong Stock Connect, China Mobile and CNOOC Limited received net purchases of HK$1.129 billion and HK$495 million respectively; SMIC had the highest net selling amount at HK$527 million. In terms of the Shenzhen-Hong Kong Stock Connect, SMIC and Huahong Semiconductor received net purchases of HK$2.694 billion and HK$748 million respectively; BYD had the highest net selling amount at HK$176 million.

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Important financial information reminder on Thursday

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In April, New Zealand's trade surplus was 1.92 billion New Zealand dollars.

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In April, New Zealand's imports amounted to 6.7 billion New Zealand dollars.

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The 12-month cumulative trade deficit announced in New Zealand in April was 2.764 billion New Zealand dollars.

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In April, New Zealand's export value was 8.62 billion New Zealand dollars.

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