〈Hong Kong stocks after the close〉Tech and auto stocks surge across the board; Hang Seng Index jumps about 900 points, tech index soars more than 5%
Published ・ Source Taiwan | 鉅亨網
Hong Kong stocks rebounded strongly Thursday (5日), with the Hang Seng Index gaining nearly 900 points and the tech index soaring more than 5%. Tech stocks including Alibaba, Tencent and Xiaomi rallied, while auto stocks also rose across the board. However, southbound Stock Connect recorded a net outflow of HK$21.3 billion.
Facts
恒生指數 jumped 3.67%, or nearly 900 points, to close at 24,796.98.
恒生科技指數 surged 5.55% to close at 4,154.29.
Southbound Stock Connect recorded a net outflow of HK$21.326 billion.
阿里巴巴-W surged 8.45%, benefiting from Apple's AI service officially launching in mainland China and Siri's deep integration with the Qwen model.
騰訊控股 shares jumped 7.17% after the latest Hunyuan model, Hy4, went live. Full-day turnover reached HK$24.169 billion.
理想汽車-W surged 8.94%, while 蔚來-SW rose 6.95%.
Brent crude plunged more than 10% in a single day, dragging 中國石油股份 down 4.16%.
〈Mainland stocks after the close〉Buying lifts Shanghai and ChiNext indexes; all 3 major indexes rise
Published ・ Source Taiwan | 鉅亨網
China's 3 major A-share indexes opened lower Thursday (5日) before turning positive and moving higher. The Shanghai Composite, Shenzhen Component and ChiNext indexes closed up 0.1%, 1.19% and 0.87%, respectively, with turnover rising to RMB 2.1179 trillion. 華泰證券 and 國聯民生 said brokerage stocks are valued at low levels and offer allocation value, while investors should watch the quality of cash flows from AI computing power and applications in technology stocks.
Facts
The Shanghai Composite closed up 0.1% Thursday at 3,689.91 points.
Turnover on the two exchanges was RMB 2.1179 trillion, up RMB 80.2 billion from the previous trading day.
A total of 4,868 stocks rose and 623 fell across the 2 exchanges and the Beijing Stock Exchange.
華泰證券 advised investors to seize strategic allocation opportunities in brokerage stocks.
國聯民生 said AI computing power and applications with commercial deployment are key variables for technology stocks.
U.S. midterm elections fuel AI regulatory concerns; tech selloff drags Nikkei down 1.66%
Published ・ Source Taiwan | 鉅亨網
Japanese stocks fell Thursday as U.S. midterm elections fueled concerns about AI regulation, prompting a selloff in technology stocks that sent the Nikkei down 1.66% to a nearly 3-month low. In contrast, the TOPIX rebounded and closed up 1.2%, supported by traditional industries, leaving the 2 indexes sharply at odds.
Facts
The Nikkei closed down 1.66%, or 1,030.63 points, at 61,158.00, its lowest level in nearly 3 months.
The TOPIX rebounded to close up 1.2%, a 2.94-percentage-point difference from the Nikkei's change.
The yen recovered to around 157.90 against the U.S. dollar.
Record high! Global DRAM revenue surges 369% in this year's Q3; Samsung leads with 38% share, SK海力士 widens lead over Micron
Published ・ Source Taiwan | 鉅亨網
Global DRAM revenue hit a record, surging 369% in this year's Q3. Samsung led with a 38% market share, followed closely by SK海力士 at 29%, with Micron in third place at 21%. AI demand has made memory a scarce resource, and suppliers' results are expected to continue setting records.
Facts
Global DRAM market revenue soared 369% in the third quarter this year, setting a record.
三星電子 maintained its global lead with a 38% share of revenue.
SK海力士's market share reached 29%, widening its lead over 美光科技.
China's 長鑫科技, ranked fourth, saw its market share edge down from 10% to 9%.
Counterpoint Research predicts 三星電子 could overtake SK海力士 next year to claim the top spot in the HBM market.
Companies mentioned：三星電子、SK海力士、美光科技、長鑫科技、Counterpoint Research
中鋼 raises December prices slightly to stabilize supply-chain purchasing costs and expand orders
Published ・ Source Taiwan | 鉅亨網
中鋼(2002-TW) announced a December price increase of NT$300 per metric ton, citing rising international steel prices, stronger export orders and exchange-rate factors. The move aims to stabilize supply-chain costs and expand orders.
Facts
中鋼 decided to raise its December monthly prices slightly by NT$300 per metric ton.
U.S. hot-rolled steel prices topped US$1,450 per metric ton, a nearly 4-and-a-half-year high.
Iron ore prices consolidated around US$90 per metric ton.
Mainland China's crude steel output fell 2.9% year over year in the first 3 quarters.
日本東京製鐵 raised its November prices by 3,000 yen per metric ton.
Democrats’ sweeping victory sends U.S. stocks tumbling before a recovery; gold and silver rise as markets bet that “neither side can budge the other”
Published ・ Source Taiwan | 鉅亨網
Democrats’ sweeping victory in the U.S. midterm elections, recapturing both chambers of Congress, triggered a global market reversal, with prices falling before rebounding. Markets are repricing the policy gridlock expected under a divided government, which is seen as limiting fiscal expansion and benefiting U.S. Treasuries, gold and silver, while regulatory concerns weigh on technology stocks in the short term.
Facts
Democrats recaptured both chambers of Congress in the U.S. midterm elections, winning in traditionally Republican strongholds including Texas and South Carolina.
After the election, Nasdaq 100 futures fell more than 2% at one point, the Nikkei 225 fell more than 4% at one point, and VIX futures topped 20.
Gold rose more than 2%, climbing back above the $4,000-per-ounce mark, while silver also gained.
The 5-year U.S. Treasury yield fell 9 basis points at one point to 4.68%, while the 10-year yield fell 7 basis points to 4.89%.
The Bloomberg Dollar Spot Index fell 0.4%, the yen rose 0.5% against the U.S. dollar, and the Swiss franc gained 0.7%.
Companies mentioned：高盛、Stifel、景順、摩根資產管理、惠靈頓、野村、瑞穗銀行、盛寶、Monex Group、道富環球投資管理、Edward Jones
11/05 “Biotech Stock Update” - Global Bio & Investment Monthly
Published ・ Source Taiwan | 環球生技月刊
The 11/05 biotech stock update covers capital increases and merger plans at companies including 安基生技 and 國璽幹細胞; 康霈 received China NMPA approval for a Phase I clinical trial. It also lists the day’s stock gains and losses and institutional net buying and selling.
精湛光學 (2070) posted consolidated profit of NT$106 million in the first three quarters of 115, with after-tax earnings of NT$2.62 per share - 環球生技月刊
Published ・ Source Taiwan | 環球生技月刊
精湛光學 (2070) announced its consolidated financial report for the first three quarters of 115, reporting cumulative operating revenue of NT$601 million, pretax net profit of NT$124 million, net profit attributable to owners of the parent of NT$106 million, and basic earnings per share of NT$2.62.
國璽幹細胞 (6704) board approves simplified merger with subsidiary 啟安; creditor objection period runs from 11/6 to 12/30 - 環球生技月刊
Published ・ Source Taiwan | 環球生技月刊
國璽幹細胞 (6704) subsidiary 啟安國際生醫投資股份有限公司, following a board resolution, will carry out a simplified merger with its parent company. The tentative merger record date is December 31, 115, and the creditor objection period runs from November 6 to December 30, 115.
Facts
100% owned
November 05, 115 (Republic of China calendar; hereinafter the same)
國璽幹細胞 (6704): Subsidiary 啟安 to merge with parent company in a simplified merger; tentative merger record date 115/12/31 - 環球生技月刊
Published ・ Source Taiwan | 環球生技月刊
國璽幹細胞 (6704) announced that its subsidiary 啟安國際生醫投資股份有限公司 will carry out a simplified merger with its parent company, with the tentative merger record date set for 115/12/31. The move aims to reduce management expenses and costs.
安基生技 (7754) plans capital increase of 14 million shares at NT$60 per share; record date 12/6 - 環球生技月刊
Published ・ Source Taiwan | 環球生技月刊
安基生技 (7754) announced a cash capital increase of 14 million shares at an issue price of NT$60 per share. The subscription record date is set for December 6, 115, and the proceeds will be used to strengthen working capital.
安基生技 (7754) plans capital increase of 14 million shares at NT$60 per share; record date 12/6 - 環球生技月刊
Published ・ Source Taiwan | 環球生技月刊
安基生技 (7754) announced a cash capital increase, issuing 14 million shares at a subscription price of NT$60 per share. The record date is set for December 6, 115, and the proceeds will be used to strengthen working capital.