Market Overview - On the first trading day of 2026, US stock indices showed relatively calm closing fluctuations, with significant inflows into tech stocks and a collective surge in Chinese concept stocks, buoyed by a strong start in the Hong Kong market [1][3] - The S&P 500 index rose by 0.19% to 6858.47 points, the Nasdaq Composite fell by 0.03% to 23235.63 points, and the Dow Jones Industrial Average increased by 0.66% to 48382.39 points [1] Chinese Tech Stocks Performance - The Nasdaq China Golden Dragon Index surged by 4.38%, marking the largest single-day increase since May 12 of the previous year [3] - Notable Chinese tech stocks included Baidu, which rose by 15.03%, Alibaba up by 6.25%, Tencent ADR increasing by 5.23%, and Netease rising by 7.22% [3] AI Sector Developments - Investors are eagerly awaiting developments from DeepSeek, which recently published a paper on a new training method called "manifold constraint hyperconnection" (mHC), seen as a significant breakthrough [3] - This has led to speculation about the release of the next-generation flagship model from DeepSeek, reminiscent of past AI advancements [3] Performance of Major Tech Companies - Major tech companies had mixed performances, with Nvidia rising by 1.26% and Apple falling by 0.31%. Tesla experienced a decline for the seventh consecutive day [5] - The overall performance of tech giants was lackluster, with Microsoft down by 2.21% and Amazon down by 1.87% [5] Stock Movements in Various Sectors - Various thematic stocks saw significant trading activity, with Micron Technology up by 10.51% and Western Digital up by 8.96%, both reaching historical highs [6] - AI energy and storage concept stocks also performed well, with Bloom Energy rising by 13.58% and NuScale Power increasing by 15.17% [6] Electric Vehicle Market Update - Tesla reported Q4 delivery data that fell short of expectations, delivering 418,227 vehicles in the last quarter and losing its title as the global leader in electric vehicle sales to BYD, which sold 2.2567 million vehicles in 2025, a 27.86% increase from 2024 [7][8] Berkshire Hathaway Insights - Warren Buffett expressed confidence in Berkshire Hathaway's long-term prospects, suggesting a high likelihood of the company existing in a hundred years, with praise for his successor Greg Abel's capabilities [9] Retail Investor Performance - A report indicated that retail investors at Interactive Brokers achieved an average return of 19.2% in 2025, outperforming the S&P 500 index's return of 16.39% [9]

Core Viewpoint - Chinese assets experienced a strong start in 2026, with significant gains in various indices and stocks, indicating a continuation of the structural bull market from 2025 and a clear investment theme for the year ahead [1][2]. Group 1: Performance of Chinese Assets - The Nasdaq Golden Dragon China Index surged nearly 4%, while leveraged ETFs for Chinese stocks saw increases of over 10% and 8% respectively [2]. - Major Chinese stocks performed well, with Baidu Group rising over 12%, and other notable gains from companies like WanGuo Data and JinkoSolar, which increased by over 8% and 7% respectively [2]. - The Hong Kong market also showed strong performance, with the Hang Seng Index up 2.76% and the Hang Seng Technology Index up 4% [2]. Group 2: Currency Movements - The offshore RMB/USD exchange rate broke above 6.97, reaching a high of 6.9662, marking the strongest level since May 2023 [3]. - Factors contributing to the RMB appreciation include a strong Chinese stock market, increased demand for currency conversion from export companies, and a weakening US dollar [4]. Group 3: Global Market Trends - Global markets continued their strong performance from 2025, with Asian markets achieving their best opening since 2012, led by gains in AI and semiconductor stocks [5]. - Major US tech stocks also saw gains, with the Philadelphia Semiconductor Index rising over 4% and ASML ADR increasing by over 8% [6]. - Investor sentiment remains optimistic, with significant net inflows into global equity funds, totaling $26.54 billion in the last week of 2025 [6].

中概股集体高开，纳斯达克中国金龙涨3.55%，百度涨11.35%，富途控股涨6.84%，哔哩哔哩涨6.87%， 网易涨6.77%，老虎证券涨5.54%，36氪涨4.85%，房多多涨4.79%，蔚来涨4.64%，阿里巴巴涨4.55%， 霸王茶姬涨4.47%，腾讯控股ADR涨4.30%，新东方涨4.15%，微博涨3.82%，爱奇艺涨3.39%，理想汽 车涨3.01%，高途涨3.02%，贝壳涨2.79%，迅雷涨2.82%，京东涨2.34%。 ...

凤凰网财经讯 1月2日，美股三大指数集体高开，道指涨0.19%，标普500指数涨0.58%，纳指涨1.03%。 中概股集体高开，纳斯达克中国金龙涨3.55%，百度涨超10%，富途控股涨6.84%，哔哩哔哩涨6.87%， 网易涨6.77%，老虎证券涨5.54%，36氪涨4.85%，房多多涨4.79%，蔚来涨4.64%，阿里巴巴涨4.55%， 霸王茶姬涨4.47%，腾讯控股ADR涨4.30%，新东方涨4.15%，微博涨3.82%，爱奇艺涨3.39%，理想汽 车涨3.01%，高途涨3.02%，贝壳涨2.79%，迅雷涨2.82%，京东涨2.34%。 三星SDS于1月2日表示，将投资4273亿韩元在龟尾市建设一个新人工智能（AI）数据中心。 【OpenAI加码音频人工智能研发 备战首款硬件设备】 据知情人士透露，OpenAI正着手升级其音频人工智能模型，为推出首款人工智能驱动的个人硬件设备 做准备。另有三位知情人士表示，该设备预计将以音频交互为核心功能。用户与语音版ChatGPT对话 时，尽管聊天机器人可以语音应答，但支撑其音频功能的大语言模型，与驱动ChatGPT文本交互的模型 并非同一个。公司研究人员认为，当前音频 ...

格隆汇1月2日｜百度涨超12%，网易涨超6%，蔚来涨超5%，新东方、万国数据、金山云、阿里巴巴涨 超4%，哔哩哔哩涨超3%，理想汽车、小马智行、富途、台积电、京东、晶科能源、贝壳、拼多多、腾 讯音乐、爱奇艺、霸王茶姬涨超2%。 ...

本文源自：金融界AI电报 美股中概股盘前多数上涨，百度涨12%，蔚来涨4%，哔哩哔哩、阿里巴巴涨3%，京东、富途控股、小 马智行涨2%。 ...

Market Performance - The US stock market continued its post-Christmas pullback, with all three major indices closing lower, marking a subdued end to 2025. The S&P 500 index fell by 0.74% to 6845.5 points, the Nasdaq Composite dropped by 0.76% to 23241.99 points, and the Dow Jones Industrial Average decreased by 0.63% to 48063.29 points [1]. - For the year, the S&P 500 recorded an annual increase of 16.39%, while the Nasdaq managed a 20.36% rise, achieving over 20% growth for three consecutive years. The Dow Jones also rose by 12.97%, marking a similar performance for the third year in a row [3]. Individual Stock Performance - Among the top performers in the S&P 500, four storage giants—SanDisk, Western Digital, Micron Technology, and Seagate Technology—led the annual gains. Semiconductor stocks like Lam Research, AI application leader Palantir, and Comfort Systems, which provides HVAC solutions for data centers, also featured prominently [3]. - In the tech sector, only Google and Nvidia among the "Big Seven" tech companies outperformed the benchmark index in 2025 [8]. Commodity and Sector Movements - US silver futures experienced a significant drop of 9% due to a second margin increase by the CME Group within a week, negatively impacting the mining sector. Companies like Endeavour Silver and Silvercorp Metals saw declines of over 4% and 2.8%, respectively [11]. Chinese Stocks - The Nasdaq Golden Dragon China Index closed down 1.13% but recorded an annual increase of 11.33%. Notable Chinese stocks included Alibaba, which rose over 75%, and Netease, which increased by 58.28% [12]. Corporate News - Warren Buffett officially retired as CEO of Berkshire Hathaway on December 31, 2025, after a long tenure, although he will remain as chairman of the board [13]. - Tesla achieved a milestone with a driver completing a coast-to-coast journey using full self-driving technology, marking a significant advancement in autonomous vehicle capabilities [15]. - Nvidia and AMD are expected to enter a "year-long price increase cycle" for GPUs, driven by rising memory costs, with flagship models potentially reaching prices as high as $5000 [16]. - Trump Media & Technology Group announced plans to issue a new cryptocurrency to shareholders, despite a significant annual decline in stock value [17]. - Brookfield Asset Management is launching a cloud computing business to challenge tech giants like Amazon, aiming to reduce AI development costs [18]. - Uber is in talks to acquire the parking app SpotHero, which could create synergies between ride-hailing and parking services [19].

Key Takeaways FUTU posted 86.3% y/y revenue growth in 3Q25, with brokerage commissions up 90.6%.Interest income reached $391.3M, nearly matching FUTU's $374.5M in commissions, supporting steadier returns.Crypto trading volume jumped 161% q/q, while wealth assets rose 7.6% on money markets and fixed income.Futu Holdings Limited (FUTU) registered a whopping 86.3% year-over-year surge in its revenues in the third quarter of 2025. While the company witnessed an explosive 90.6% year-over-year rise in revenues fr ...

凌晨三点，美股市场突然波动，一位投资者的手机屏幕亮起，新浪财经APP的预警弹窗比股价异动提前 了8秒弹出，这正是2025年港股炒股软件技术进化的缩影。 恒生指数在2025年冲破25000点，港股投资者规模已突破2800万，其中移动端交易占比高达83%。 在这个数字金融时代，投资者对工具的需求从未如此迫切。从盯盘、看新闻到分析、执行交易，一款优 质的投资软件已经成为决定投资成败的"数字军师"。 01 市场全景 随着港股市场国际化与新经济板块持续扩容，2025年港股投资者日均使用投资类APP时长同比增长了 37%。 高频交易用户对行情数据响应速度的要求已提升至0.2秒以内。 炒股APP市场已形成清晰的梯队格局。根据2025年专业评测，排名前列的港股炒股软件包括新浪财经 APP、富途牛牛、同花顺、雪盈证券和华盛证券等。 这些软件已从单纯的行情查看工具，进化为融合全球监控、智能解析、策略执行的决策中枢。 2025年十大炒股软件评分排行显示，新浪财经APP以9.56分的综合评分位居榜首。在数据覆盖、资讯质 量、智能工具、交易体验和社区生态五大核心维度均表现优异。 02 领先者分析 新浪财经APP在激烈的市场竞争中脱颖而 ...

受大宗商品巨幅波动引发的紧张情绪推动，昨夜今晨，美股三大指数集体收跌。 截至收盘，标普500指数跌0.35%，报6905.74点；纳斯达克综合指数跌0.5%，报23474.35点；道琼斯工业平均指数跌0.51%，报48461.93点。 （标普500指数日线图，来源：TradingView） 本周也是经济日程相当清淡的一周，投资者将在周二（北京时间周三凌晨）迎来美联储12月会议纪要，下一个重要日程就是迎接元旦假期的到来。 作为日内全球市场的焦点，这一轮金属上涨狂潮的"带头大哥"白银日内巨震，Comex白银期货创出每盎司82美元新高后跳水至71.6美元，黄金、铂金、钯金 等品种也携手下挫。矿业板块集体下跌，First Majestic Silver跌4.13%、纽曼矿业跌5.64%，锂矿巨头美国雅宝也跌3.62%。 | < W | COMEX白银 | | | | | | --- | --- | --- | --- | --- | --- | | | SI.CMX | | | | | | 71.640 | | 昨结 | 77.196 总手 | | | | -5.556 | -7.20% 开盘 | | 80.000 ...