Microsoft Corporation (MSFT.US) has thrown billions of dollars to partner with Lambda and thousands of NVIDIA Corporation (NVDA.US) GPUs to boost AI arms race.

Lambda and Microsoft announced on Monday that they have reached a multi-billion dollar agreement to collaborate on strengthening the infrastructure needed for the artificial intelligence boom.

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HK Stock Market Move | CNOOC (00857) rises more than 3%, with a net profit attributable to the parent company in the first three quarters reaching 126.294 billion yuan. Free cash flow will still maintain resilience.

Sinopec (00857) rose more than 3%, by the time of publication it rose by 2.95%, to HK $24.46, with a turnover of HK $65.5225 million.

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Sensor Tower: The compound annual growth rate of global e-commerce application downloads is expected to reach 6.5% from 2019 to 2025.

Sensor Tower data shows that from 2019 to 2025, the annual download volume of global e-commerce applications will increase from 4.36 billion times to 6.35 billion times, with an overall growth rate of over 45% and a compound annual growth rate of approximately 6.5%.

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Farewell to the era of "free money"! Japanese companies' overseas borrowings surge to a record-breaking $132 billion, shaking up global markets.

As of now, Japanese companies have raised $132 billion through foreign currency bonds and loan transactions for the year 2025, an increase of 56% from the previous year.

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HK Stock Market Move | YUM CHINA (09987) rises more than 3%, third quarter performance disclosure imminent, Nomura expects company's business to continue to remain strong and resilient.

China's Tencent Holdings (09987) rose more than 3%, up 3.13% as of press time, closing at HK$349.6, with a turnover of HK$2.07 billion.

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HK Stock Market Move | Jiangxi Copper (00358) is currently down over 4% as a result of a decline in copper concentrate processing fees dragging down gross profit. Institutions predict that the overall impact is manageable.

Jiangxi Copper Co., Ltd. (00358) is currently down more than 4%, as of the time of writing, it is down 3.91% to HK $30, with a turnover of HK $2.62 billion.

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CICC International: Raised Postal Savings Bank Of China (01658) target price to HKD 6.84, continued positive profit growth in the last quarter.

Bank of China International stated that Postal Savings Bank's asset quality remains sound and its valuation is still attractive.

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HK Stock Market Move | HUTCHMED (00013) up more than 3%, will begin promoting HMPL-A251 for clinical development by the end of the year.

Yellow Medicine (00013) rose more than 3%, as of the time of writing, it rose 2.95% to 24.46 Hong Kong dollars, with a turnover of 65.52 million Hong Kong dollars.

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HK Stock Market Move | ZJLD(06979) surged over 6% in early trading. The Zhenjiu Wanshang Alliance has signed contracts with over 3500 customers.

Rare Wine Li Du (06979) rose more than 6% in the early session, and as of the time of writing, it was up 5.61% to HK $9.42, with a turnover of HK $55.9782 million.

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HK Stock Market Move | HSSP INTL(03626) fell more than 22% as the controlling shareholder reduced its holdings last Friday and will focus on selling more shares opportunities.

HSSP INTL(03626) fell more than 22%, as of the time of writing, dropping 22.22% to 2.59 Hong Kong dollars, with a trading volume of 12.2449 million Hong Kong dollars.

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From "Stargate" to AWS computing power big orders, OpenAI signs AI computing power contracts furiously, NVIDIA Corporation (NVDA.US) and storage giants are winning big.

OpenAI is globally sweeping AI computing power infrastructure, signing AI computing power supply agreements with Oracle, SoftBank, and Amazon in line, and NVIDIA is considered the "market maker." HBM and data center storage are the super big winners second only to NVIDIA.

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Hong Kong Monetary Authority's Eddie Yue: Hong Kong's commercial property market still faces some challenges, but risks are controllable.

Yu Weiwen said in an interview that the residential real estate market in Hong Kong is becoming more stable, while the commercial real estate market still faces some challenges. As for the banking industry, the risks are "completely manageable."

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Central China: Lithium battery industry continues to trend upwards, maintaining a "stronger than market" rating.

Overall, it is expected that the overall prosperity of the new energy vehicle and lithium battery industries will continue to increase during the 13th Five-Year Plan period.

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Eddie Yue: Hong Kong has regained its spotlight on the global stage and will steadily expand its currency and fixed income markets.

He pointed out that Hong Kong is continuously enhancing its competitiveness, optimizing listing rules, steadily expanding its currency and fixed income markets, and solidifying financial infrastructure. The Hong Kong government will continue to support its development.

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HK Stock Market Move | HESAI-W(02525) surged nearly 3% and jointly released the Siasun Robot & Automation laser radar solution with Fibocom Wireless Inc., which has been implemented by leading intelligent companies.

Wheat Sai-W (02525) rose nearly 3%, as of the time of publication, it rose 2.29%, to 183.4 Hong Kong dollars, with a turnover of 9.4988 million Hong Kong dollars.

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CITIC Securities International: Raises target price of Industrial and Commercial Bank of China (01398) to 8.34 Hong Kong dollars and maintains "buy" rating.

Looking into the future, China International still believes that Industrial and Commercial Bank of China will report positive profit growth in the fourth quarter of 2025 with stable asset quality.

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HK Stock Market Move | Gold stocks continue to weaken, with spot gold falling below $3980. Institutions predict that there will be consolidation and volatility before the end of the year.

Gold stocks continue to weaken. As of press time, Lingbao Gold (03330) fell 4.27% to 15.9 Hong Kong dollars; Jiuhai Resources (02489) fell 3.55% to 1.36 Hong Kong dollars.

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Shengbao Bank: The long-term positive trend of gold remains unchanged, with the next rise waiting for the east wind.

Ole Hansen, head of commodity strategy at Saxo Bank, speculates that gold still has further upside potential, but the timing of when this will happen is difficult to determine.

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HK Stock Market Move | HKBN (01310) rises nearly 3%, company's full year service revenue surpasses Morgan Stanley's previous expectations.

Hong Kong Broadband (01310) rose nearly 3%, as of the time of writing, it rose 1.84%, to HK$7.19, with a trading volume of HK$22.2893 million.

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HK Stock Market Move | The concept stocks of stable coins collectively fell, with Guotai Junan International (01788) dropping more than 16% and Bright Smart Securities (01428) dropping more than 4%.

Concept stocks of stablecoins collectively fell, as of press time, Guotai Junan International (01788) fell by 14.75% to HK$3.18; Lion Rock Holdings (02562) fell by 6.39% to HK$8.5; Yunfeng Financial (00376) fell by 5.63% to HK$4.02; and Bright Smart Securities and Commodities Group (01428) fell by 4.17% to HK$8.96.

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GMT Eight

GMT Eight