券商中国·2025-11-20 02:42Core Viewpoint - The article highlights significant movements in the Asia-Pacific markets, particularly in the A-share market, where banking and securities stocks have shown strong performance, alongside notable gains in lithium and rare earth sectors. The positive sentiment is further supported by strong earnings reports from major companies like Nvidia, alleviating concerns over tech stock valuations. Group 1: A-share Market Performance - The A-share market opened higher with the three major indices showing initial gains, particularly in banking stocks, with China Bank rising over 4% to reach a new historical high [2][4] - Other sectors such as securities, lithium mining, and rare earth materials also experienced strong performance, with several stocks hitting their daily limits [5] Group 2: Japanese and Korean Markets - The Nikkei 225 index surpassed the 50,000-point mark, with intraday gains exceeding 4%, while the Korean Composite Index approached a 3% increase [3][6] - Technology stocks led the rally, with SoftBank Group surging over 9% at one point, reflecting a broader recovery in tech valuations [3][6] Group 3: Nvidia's Earnings Report - Nvidia reported third-quarter revenues of $57.01 billion, a 62% year-on-year increase, surpassing market expectations, with net profits rising 65% to $31.9 billion [8] - The company's data center revenue reached $51.2 billion, up 66%, indicating strong demand for AI infrastructure [8] - Nvidia's fourth-quarter revenue guidance of $65 billion and a projected gross margin of 75% also exceeded market forecasts, boosting investor confidence [8][9] Group 4: AI Chip Exports - The U.S. government authorized the export of advanced AI chips to companies in Saudi Arabia and the UAE, with an estimated value of $1 billion for 35,000 Nvidia Blackwell chips [10] - This move is part of a broader strategic partnership between the U.S. and Saudi Arabia, focusing on AI infrastructure and semiconductor supply [10]