Zhong Guo Ji Jin Bao·2025-10-02 08:23Group 1 - The core point of the article highlights a significant surge in Asian stock markets, particularly driven by developments related to OpenAI and its partnerships with Korean chip companies [1][2][3] - The Hang Seng Index rose nearly 2%, with notable gains in tech stocks such as SMIC, Alibaba, and Tencent [1][3] - OpenAI's collaboration with Samsung Electronics and SK Hynix has led to a historic high in the Korean stock market, with SK Hynix surging 10% following the announcement [3] Group 2 - OpenAI achieved a record valuation of $500 billion after a recent share sale, making it the highest-valued startup globally [4] - Expectations of interest rate cuts in the U.S. have also contributed to the positive market sentiment, following a report indicating a decline in U.S. employment numbers [5] - JPMorgan raised Alibaba's target price by nearly 45%, citing improved prospects for its cloud business and synergies between AI and e-commerce [6][7]