Zheng Quan Shi Bao·2026-01-02 23:37Group 1 - The U.S. stock market opened on January 2, with the Dow Jones experiencing a significant drop during the session, while the Nasdaq saw an increase of approximately 1% [1] - Chinese concept stocks surged, with the Nasdaq Golden Dragon China Index rising over 4%, driven by individual stocks like Baidu, which jumped over 10% following its proposal to spin off Kunlun Chip for independent listing on the Hong Kong Stock Exchange [3] - Tesla reported a fourth-quarter delivery volume of 418,227 vehicles, a year-on-year decrease of 16%, and an annual delivery total of 1.64 million vehicles, down 8.6% from the previous year [3] Group 2 - The Hang Seng Index in Hong Kong rose over 2.7%, contributing to the overall surge in Chinese concept stocks, with other Asian markets like South Korea, Singapore, and the Philippines also experiencing gains [5] - The recent appreciation of the Chinese yuan against the U.S. dollar, which surpassed 6.97, is cited as a factor in the rise of Chinese assets [5] - Gold prices experienced a sudden drop but remained above $4,340, having previously exceeded $4,400, while silver prices fell below $74 [5] Group 3 - The expectation of interest rate cuts by the Federal Reserve in 2026 and ongoing geopolitical tensions are identified as key factors driving the recent increase in gold prices [7] - The Chicago Mercantile Exchange raised margin requirements for gold and silver futures, which has caused significant market reactions and may limit future price increases for precious metals [7]