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In 2027, AI capital expenditure is expected to reach $1 trillion.

Bank of America raised the global cloud vendor capital expenditure for 2026 to over $800 billion (a year-on-year increase of 67%), and it may exceed a trillion in 2027.

Under the wave of the "storage super cycle", this smart toilet giant Toto has exploded! Toto accurately secured NAND production capacity, with the stock price achieving a record single-day increase.

Driven by strong demand for artificial intelligence, Japanese high-quality bathroom product manufacturer Toto Co., Ltd. has achieved strong performance growth and announced plans to increase investment in chip component business. Following the announcement, the company's stock surged as much as 18% on the Tokyo Stock Exchange.

September is a critical juncture! JPMorgan Chase: By then, crude oil inventories will be close to the limit, and the Strait of Hormuz will "definitely reopen no matter what"

JPMorgan Chase analysis says if the blockade of the Strait of Hormuz continues, global crude oil inventories will hit bottom in September and the global oil circulation system will face a substantial risk of failure. Before September, "the strait will reopen no matter what."

EB Securities: Hong Kong stock market expected to continue to recover, focus on technology sector.

In April, the Hong Kong stock market rebounded, but the market as a whole is still in a recovery phase. Currently, Hong Kong stocks in the technology sector are at a low valuation, with negative news coming to an end, capital inflows, and AI catalyzing a four-fold resonance window, highlighting their allocation value.

New stock news | Changhong New Materials submits its GEM listing application to the Hong Kong Stock Exchange for the second time, with 11 heating product production lines located in Changchun City.

According to the disclosure on April 30, 2026 by the Hong Kong Stock Exchange, Changhong New Materials Group Limited (referred as Changhong New Materials) has submitted a second listing application to the Hong Kong Stock Exchange GEM, with Jianquan Financing Limited being its exclusive sponsor.

The Middle East situation and rising costs are squeezing Toyota Motor Corp. Sponsored ADR (TM.US), quarterly profits may face "four consecutive declines"

Toyota's upcoming financial report is expected to reveal that the company's operating profit has seen a year-on-year decline for the fourth consecutive quarter.

New stock news | Changhong New Materials submits second application to Hong Kong Stock Exchange GEM

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, Changhong New Materials Group Limited (referred to as Changhong New Materials) resubmitted its application for listing on the GEM of the Hong Kong Stock Exchange, with Jianquan Financing Limited as its exclusive sponsor.

NIO Inc. (09866) delivered a year-on-year increase of 22.8% in April. The ES9 will be launched and delivered in late May.

In April 2026, Nio Inc. (09866) delivered 29,356 new vehicles, a year-on-year increase of 22.8%.

LI AUTO delivered 34,085 vehicles in April.

On May 1st, according to the official Weibo account of Ideal Car-W(02015), Ideal Car delivered 34,085 new vehicles in April 2026. As of April 30, 2026, the cumulative delivery volume of Ideal Car in history reached 1,669,442 vehicles.

Middle East impact raises costs! Consumer giant Unilever PLC Sponsored ADR (UL.US) is going to raise prices.

Unilever announced that it will raise prices for some products. The company expects annual cost inflation to reach 750 million to 900 million euros, up to 500 million euros more than initially anticipated. The chief financial officer stated that there will be "multiple small price increases," and if inflation continues, the increases may reach 2% to 3%. The price hikes will mainly target household and personal care products, focusing on the markets in Asia, Africa, and Latin America, and will be implemented in the second half of the year.

New Stock News | Anhui Huaheng Biotechnology Co., Ltd. (688639.SH) submitted a listing application to the Hong Kong Stock Exchange and realized industrialization of a series of amino acid anaerobic fermentation processes.

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, Anhui Huaheng Biotechnology Co., Ltd. (referred to as Huaheng Biotechnology (688639.SH)) has submitted its listing application to the Hong Kong Stock Exchange, with Huatai International acting as the exclusive sponsor.

Spokesperson of the Ministry of Commerce answers questions from reporters on the FCC's review and approval of testing certification and related restrictions in the telecommunications field.

The spokesperson of the Ministry of Commerce stated that the Federal Communications Commission of the United States has abandoned the principle of technological neutrality, generalized the concept of national security, and frequently introduced restrictive measures without factual basis, discriminating against companies and products from countries including China. This seriously harms the interests of China and other relevant trading partners.

New stock news | Anhui Huaheng Biotechnology Co., Ltd. (688639.SH) filed with the Hong Kong Stock Exchange.

According to the disclosure by Hong Kong Stock Exchange on April 30, 2026, Anhui Huaheng Biological Technology Co., Ltd. (abbreviated as: Huaheng Biology (688639.SH)) has filed an application for listing with the Hong Kong Stock Exchange, with Huatai International as the exclusive sponsor.

The SEC approves Nasdaq to launch predictive options tied to the 100 Index and its mini-index.

The SEC has approved Nasdaq's proposal to change its rules, allowing it to list and trade prediction market options tied to benchmark indices on its MRX exchange.

New stock news | Junqi Holdings Limited submitted an application to the Hong Kong Stock Exchange. In 2025, the company has a 12.8% market share of the Chinese beauty service platform in Taiwan.

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, JunQi Holdings Limited has submitted an application for listing to the Hong Kong Stock Exchange, with Guotai Junan as the sole sponsor.

The US announced the "end of hostile actions" towards Iran, shifting strategic focus towards deepening economic blockades and diplomatic confrontations.

Senior officials of the United States government announced that the "hostile actions" from the joint military operation against Iran, codenamed "Operation Epic Fury," which began on February 28th of this year, have ended.

New Stock News | Junqi Holdings Limited submitted an application to the Hong Kong Stock Exchange.

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, Junqi Holdings Limited has submitted an application for listing to the Hong Kong Stock Exchange, with Guotai Haitong as the sole sponsor.

The wave of AI drives South Korea's export growth by 48%, with semiconductors as the core engine of trade growth.

South Korea's export in April continued to show strong momentum, with strong demand for semiconductors continuing to support export growth.

New stock news | Xiabang submits documents to the Hong Kong Stock Exchange

According to the disclosure on April 30, 2026 by the Hong Kong Stock Exchange, Shanghai Xingbang Information Technology Co., Ltd. (referred to as Xingbang) submitted its listing application to the Hong Kong Stock Exchange, with CMB International Capital Limited as the exclusive sponsor.

New Stock News | XINBANG submits application to HKEX to become the second largest integrated content marketing solution provider in China.

According to the disclosure on April 30, 2026 by the Hong Kong Stock Exchange, Shanghai Xingbang Information Technology Co., Ltd. (referred to as "Xingbang") has submitted its listing application to the Hong Kong Stock Exchange, with China Merchants Securities International as the sole sponsor.

FTSE China A50 Index futures rise by 1%

The FTSE China A50 Index futures extended gains to 1%.

Musk returns to witness stand again: says he "only read the headline" and did not read the details of the profit transformation guidelines.

Musk accuses Altman of "stealing charity assets" in court, claiming he only looked at the title and not the details of the transition terms; demands $150 billion in compensation, restoring nonprofit status, and removing Altman from his position. OpenAI retaliates by stating that Musk harbors strong jealousy towards the success of OpenAI, and his true motive is to control the company and use it to profit his own AI company, xAI.

Roku (ROKU.US) Q1 revenue and profit exceeded expectations, and the increase in full-year performance guidance drove the stock price up after hours.

Roku reported better-than-expected financial results for the first quarter of fiscal year 2026 after the market closed on April 30th (Thursday).

HK Bull/Bear Outstanding Qty Ratio(62:38) | May 1st

As of May 1st, the latest bull-bear ratio of the Hang Seng Index is 62:38.

Apple Inc. (AAPL.US) Q2 revenue and profits both exceeded expectations: strong performance of iPhone 17, better-than-expected guidance helped stock price rise after hours.

Apple Inc. released its financial performance report for the second quarter of its 2026 fiscal year after the market closed on Thursday, April 30th.

Semiconductor sector leads market trend, U.S. stocks rebound strongly in April, S&P 500 index, Nasdaq achieve best single-month performance in nearly six years.

The US stock market saw a significant increase in April, with major stock indices registering their strongest monthly performance in nearly six years.

Risk aversion has cooled down, combined with expectations of interest rate hikes, the US dollar has had its worst performance in nearly a year this month.

The dollar recorded its worst monthly performance in nearly a year in April.

Western Digital Corporation (WDC.US) and SanDisk (SNDK.US) reported better than expected earnings, but their stock prices plummeted after hours trading due to profit-taking triggered by high expectations and supply chain constraints.

Both Western Digital and SanDisk released strong financial reports, but their stock prices both fell after the market closed.

Strong performance boosts market confidence Alphabet (GOOG.US, GOOGL.US) up nearly 10%, creating the second largest single day market value increase in history.

Alphabet's stock price surged nearly 10% on Thursday, closing at $384.8, with a single-day market value increase of about $42.1 billion, making it the second largest single-day market value gain in history.

Overnight US stocks | The S&P 500 and Nasdaq both hit record highs, with Apple Inc. (AAPL.US) rising over 4% in after-hours trading.

As of the close, the Dow rose 790.33 points, or 1.62%, to 49,652.14 points; the Nasdaq rose 219.07 points, or 0.89%, to 24,892.31 points; the S&P 500 index rose 73.06 points, or 1.02%, to 7,209.01 points.

Meta Platforms (META.US) increases AI investment, dragging down stock prices. Strong Q1 performance unable to hide uncertainty of returns. JP Morgan downgrades rating to "Hold".

The news that Meta Platforms plans to invest an additional $10 billion in expanding its AI budget has sparked investor concerns.

US Stock Market Move | Meta (META.US) fell over 9% as concerns rise over increased capital expenses.

On Thursday, Meta (META.US) fell more than 9%, closing at $605.37.

Maintaining interest rates unchanged but already turning to brewing: Lagarde hints ECB may consider raising rates in June.

The European Central Bank announced on Thursday that it would maintain the deposit rate at 2%, unchanged since June 2025.

US Stock Market Move | Microsoft Corporation (MSFT.US) fell more than 4% as capital expenditures slowed down and intense competition in the cloud business.

On Thursday, Microsoft (MSFT.US) fell more than 4% to $405.97.

BYD Company Limited (01211) first quarter report decoded: Gross profit margin rebounding, technology dividends unleashed, globalization speeding up overseas expansion.

In the first quarter of 2026, BYD achieved operating income of 150.2 billion yuan and a net profit attributable to shareholders of 4.1 billion yuan.

Evening Hot Spots in A-Share Market: Three Ministries Issued Documents Supporting Equipment Updates and Expansion, Involving 14 Fields Including Artificial Intelligence.

The People's Bank of China, the National Development and Reform Commission, and the Ministry of Finance jointly issued the "Notice on Expanding the Disbursement of Loans for Technological Innovation and Technological Transformation to Further Support Equipment Updates".

The yen soared more than 3% in intraday trading, marking the largest increase in nearly two years. The market speculates that the Japanese authorities may have intervened in the foreign exchange market.

The Japanese yen rose nearly 3% on Thursday, marking the largest intraday gain in nearly two years.

US Stock Market Move | Lilly (LLY.US) rises more than 8% with Q1 revenue up 56% YoY, raises full-year performance guidance.

On Thursday, Eli Lilly (LLY.US) rose over 8% to $925.30.

"Visual hub" under the trend of embodied intelligence: Siasun Robot&Automation positions itself globally, and Siasun Robot&Automation (01236) initiates its IPO.

As a pioneer in the field of robot visual perception, Luda robot's prospectus not only discloses a steady growth financial curve, but also showcases a highly compelling narrative model to the capital market: the company has successfully transformed from a simple hardware supplier to a platform-type enterprise for smart robot "visual perception base".

US Stock Market Move | Qualcomm (QCOM.US) soars more than 13% as data center business makes breakthrough

On Thursday, Qualcomm (QCOM.US) surged more than 13%, closing at $176.59.

US Stock Market Move | Royal Caribbean Cruises Ltd. (RCL.US) rose more than 7% despite unfavorable factors such as rising fuel costs, showing strong demand.

As of the time of writing, the stock has risen by over 7%, reaching $272.46.

The resilience of the U.S. economy is temporarily holding up under the test of war: GDP grew by 2% in the first quarter, and inflation accelerated in March, piecing together the outlook of the Federal Reserve not cutting interest rates.

The US GDP grew by 2% in the first quarter, indicating economic resilience; meanwhile, inflation accelerated in March.

US Stock Market Move | Alphabet Inc. Class C (GOOGL.US) rose nearly 6% in the first quarter, with a year-on-year revenue growth of 22%. Alphabet Inc. Class C's cloud business grew by 63%.

On Thursday, Google (GOOGL.US) rose nearly 6%, with its stock price reaching a new all-time high of $370.70.

Merck & Co., Inc. (MRK.US) narrows full-year guidance, strong demand for new drugs drives Q1 revenue beyond expectations.

Merck (MRK.US) announced its first quarter financial report on Thursday, with revenue and profits exceeding expectations, while also narrowing its full-year 2026 performance guidance.

Google Drive surged by 7.4%, with its total market value increasing by $300 billion.

The Meta stock price fell by over 10%, marking the largest single-day decline since October last year.

The US job market remains healthy! Last week, initial jobless claims unexpectedly dropped to a new low in decades.

The number of initial jobless claims in the United States unexpectedly dropped to the lowest level in decades last week, indicating that the layoff announcements made by companies have not yet substantially translated into actual layoffs.

The Beijing Stock Exchange has released 18 rules including the "Guidelines for Confirming the Conditions for the Listing of Non-Publicly Issued Corporate Bonds on the Beijing Stock Exchange"

The Beijing Stock Exchange has issued a notice on the "Guidelines for the Confirmation of Listing Conditions for the Non-Public Offering of Corporate Bonds by the Beijing Securities Exchange" and 18 other rules.

U.S. stocks open: three major stock indexes all rise

Nasdaq rose 0.64%, Dow Jones rose 0.48%, and the S&P 500 rose 0.42%. Guangda Company rose 12.84%, Terida rose 9.86%, Desilong rose 8.38%, and Qualcomm rose 7.96%. As for the Seven Sisters, Google rose 6.79%, Amazon rose 3.30%, Nvidia rose 0.30%, Apple rose 0.12%, Tesla fell 0.48%, Microsoft fell 3.06%, and Meta Platforms fell 8.12%.

New stock news | Bulldozer manufacturer Shantui Construction Machinery (000680.SZ) resubmitted its application to participate in major projects such as the Chongqing Three Gorges Water Conservancy and Electric Power hub in Hong Kong Stock Exchange.

According to the data from Frost & Sullivan, as of 2025, Shantui Construction Machinery Co., Ltd. (000680.SZ) is the third largest manufacturer of bulldozers in the world and the largest in China.

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CloudTech completed IPO counseling

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Deep Blue Motors sold 33,187 vehicles worldwide in April, an increase of 64.8% year-on-year.

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Mitsubishi CEO: The goal of reducing greenhouse gas emissions by the fiscal year 2030 has been adjusted from 50% reduction from the fiscal year 2020 to 30%-50% reduction.

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In April, the volume of foreign trade ships and the throughput of cars at the Shanghai Nangang Port both hit a new monthly record high.

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Shanghai Airlines flight to Bangkok returned less than an hour after takeoff, passengers said the cabin announcement indicated mechanical failure, airline booking software showed the return due to aircraft maintenance.

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