Zheng Quan Shi Bao·2025-05-29 15:35Group 1 - Chinese concept stocks surged, with the Nasdaq China Golden Dragon Index rising by 1.56% [5] - Major tech stocks mostly increased, with Nvidia rising over 4%, surpassing Microsoft to reclaim the title of the world's most valuable company [2][3] - Nvidia reported a 69% year-over-year revenue growth for Q1, reaching $44.1 billion, exceeding market expectations [3][4] Group 2 - Nvidia's Q2 revenue guidance is projected at $45 billion, with a potential fluctuation of 2%, considering the impact of H20 export restrictions [4] - The U.S. economy showed a slight contraction in Q1, with a revised annualized GDP decline of 0.2% [4] - The U.S. International Trade Court ruled to suspend the Trump administration's tariff policy, stating that the President lacks the authority to impose comprehensive tariffs on trade partners [4] Group 3 - Popular Chinese stocks saw significant gains, with Dingdong Maicai up over 9% and Futu Holdings up over 7% [5] - A-shares and Hong Kong stocks experienced a broad rally, with major indices rising over 1% [5] - Citic Securities' chief A-share strategist predicts a bull market for Chinese equity assets over the next year, with a shift towards core assets [5] Group 4 - Goldman Sachs recently advised long-term investors to reconsider the role of gold and oil in their portfolios, suggesting an overweight in gold and an underweight in oil over the next five years [6]