Jin Rong Jie·2026-01-06 00:58Market Overview - US stock indices closed higher, with the Dow Jones up 1.23%, reaching a new historical high; the Nasdaq rose 0.69%, and the S&P 500 increased by 0.64% [1] - Chip stocks led the gains, with ASML hitting a record high, rising over 5%, and TSMC's stock price surged after Goldman Sachs raised its target price by 35% [1] - Major US oil companies also saw gains, with Chevron up 4.4% [1] - COMEX gold futures rose by 2.96% to $4457.6 per ounce, while silver futures increased by 7.63% to $76.43 per ounce [1] Oil Market - WTI crude oil futures for February rose by 1.74%, and Brent crude for March increased by 1.66% [2] - Saudi Arabia set the official selling price for Arab Light crude oil to Asia at a premium of $0.3 per barrel over the Oman/Dubai average [2] - The US Energy Secretary plans to discuss revitalizing Venezuela's energy sector with oil executives [2] Chinese Market Insights - Goldman Sachs recommends overweighting Chinese stocks, predicting a 15% to 20% annual increase in the Chinese stock market for 2026 and 2027 [2] - The Nasdaq China Golden Dragon Index rose by 0.49%, and the FTSE A50 index increased by 0.58% [2] - The onshore RMB appreciated against the USD, closing at 6.9806, up 84 points from the previous trading day [2] Commercial Aerospace Developments - China Aerospace Science and Technology Corporation increased the registered capital of its commercial rocket subsidiary from 1 billion to 1.396 billion yuan, a 77.6% increase [3] - The commercial aerospace sector saw significant gains in the stock market, with companies like Leike Defense and China Satellite Communications experiencing multiple-day stock increases [3] Automotive Industry Performance - BAIC Blue Valley reported December sales of 35,200 units, a year-on-year increase of 114.56%, leading the growth among peers [5] - GAC Group signed a comprehensive cooperation framework agreement with Huawei to enhance collaboration on smart cockpit technologies [5] - Tesla's Shanghai Gigafactory delivered over 97,100 units in December 2025, marking an 11% month-on-month increase [16] Semiconductor and AI Developments - Samsung and SK Hynix are seeking to raise server DRAM prices by 70% [7] - NVIDIA introduced the BlueField-4 data processor and plans to test a self-driving taxi service by 2027 [14] - Qualcomm unveiled a next-generation robotics architecture at CES, integrating hardware, software, and AI [14] Gaming Industry Trends - The domestic gaming market achieved a record revenue of 350.79 billion yuan in 2025, growing by 7.68% year-on-year [10] - WeChat Mini Games announced an upgrade to its in-app purchase incentive policy starting January 1, 2026, to encourage quality content creation [10] Macro Economic Developments - The State Council emphasized the importance of agricultural technology and core technology breakthroughs in key agricultural sectors [11] - China's high-speed rail network has surpassed 50,000 kilometers, with plans for further expansion during the 14th Five-Year Plan [11]