GMT EIGHT - OPPORTUNITIES IN CHINA

A new "small retail investor tycoon" emerges! A post has sparked X-Fab Silicon Foundries, a small European chip manufacturer, to skyrocket by over 70%.

European small chip maker X-Fab Silicon Foundries' stock price surged more than 77% at one point, triggering multiple trading halts during the day. What sparked this frenzy among individual investors was just a post by a social media influencer.

737 MAX production achieves a key breakthrough as Boeing Company (BA.US) plans to increase monthly production to 47 aircraft within a few months.

Boeing CEO Kelly Ortberg said that Boeing has successfully completed the crucial "final review" of the Federal Aviation Administration's plan to increase production of the 737 MAX, and expects to raise the monthly production rate of the 737 MAX to 47 aircraft in the coming months.

Trading and investment banking businesses are booming! JPMorgan Chase (JPM.US) raises full-year spending forecast, Dimon says actively seeking merger and acquisition opportunities worth $10 to $20 billion.

Damon said on Wednesday that, driven by strong performance in trading and investment banking businesses, JPMorgan Chase's expenses for this year are expected to exceed previous expectations, and the company is also actively seeking the next major acquisition deal.

US Stock Market Move | VNET Group, Inc. Sponsored ADR (VNET.US) rose more than 8% with a year-over-year increase of 19.8% in total revenue for the first quarter.

On Wednesday, Century Link (VNET.US) rose more than 8% to $10.73.

US Stock Market Move | FinVolution Group Sponsored ADR Class A (FINV.US) rose more than 9%, with overseas business revenue increasing by 34.5% year-on-year.

On Wednesday, Xinye Technology (FINV.US) rose more than 9%, reaching $5.41.

Barclays significantly raised its target price for SanDisk (SNDK.US) to $2300, stating that industry supply-demand imbalance may continue until 2027.

Barclays upgraded its rating on Sandisk from "hold" to "buy" and significantly increased the target price to $2300.

US Stock Market Move | United Microelectronics Corp. Sponsored ADR(UMC.US) rose nearly 6% and will begin selectively raising prices in the second half of the year.

Following the more than 15% increase in stock price yesterday, on Wednesday, UMC (UMC.US) rose nearly 6% again, reaching $22.32.

US Stock Market Move | Applovin (APP.US) rose more than 9%. Morgan Stanley and Citigroup maintain their ratings and target price.

As of press time, the stock has risen more than 9%, closing at $564.

US Stock Market Move | Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) rose more than 4%, indicating that prices for 3nm processes are expected to increase by 15% in the second half of the year.

On Wednesday, TSMC (TSM.US) rose more than 4% to $429.40.

Pinduoduo (PDD.O) fell more than 10% as quarterly profits unexpectedly declined.

AI chip demand is too hot! Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR(TSM.US) announced a 15% price increase for the 3nm process in the second half of the year, with the possibility of further increases next year.

According to reports, TSMC will raise the price of its 3-nanometer chip manufacturing process by 15% in the second half of the year, and may further increase prices in 2027.

The decline in oil prices led to a fall in inflation expectations, causing traders to bet that the UK will only raise interest rates by 25 basis points once this year.

Due to the decline in oil prices and easing inflation expectations, traders have reduced their bets on the magnitude of interest rate hikes by the Bank of England this year.

US funds are "clearing positions" to prepare for super IPOs, and new index regulations will accelerate the "bloodletting" of major stocks like SpaceX.

Large mutual funds and passive index funds are beginning to hold more cash reserves and prepare to reduce their existing holdings of large cap stocks in order to incorporate upcoming blockbuster IPOs such as SpaceX and OpenAI into their investment portfolios.

US Stock Market Opening: All three major stock indexes rise together.

The Dow rose by 0.25%, the S&P 500 rose by 0.10%, and the Nasdaq rose by 0.12%. MGM Resorts International rose by 6.63%, Micron Technology rose by 4.92%, Norwegian Cruise Line Holdings rose by 4.80%, Builders FirstSource rose by 4.21%, Southwest Airlines rose by 3.26%, and United Airlines Holdings rose by 3.23%. As for the "Big Seven" tech companies: Tesla rose by 2.33%, Amazon rose by 0.92%, Apple rose by 0.40%, Meta Platforms fell by 0.14%, Google fell by 0.29%, Nvidia fell by 0.73%, and Microsoft fell by 1.32%.

New stock listing news | Aier Eye Hospital Group (300015.SZ) submits documents to Hong Kong Stock Exchange.

According to the disclosure by the Hong Kong Stock Exchange on May 27th, Aier Eye Hospital Group Co., Ltd. (referred to as Aier Eye Hospital, 300015.SZ) has submitted its application for listing on the main board of the Hong Kong Stock Exchange, with Huatai International as its sole sponsor.

The U.S. smartphone market experienced a downturn in the first quarter with the hot sales of the iPhone 17 propping up Apple Inc.'s "leading position".

In the first quarter of 2026, the shipment volume of smartphones in the United States decreased by 3% to 33.4 million units compared to the same period last year. However, Apple still maintains its leading position in the US smartphone market, holding a 60% market share.

Kewo Pharmaceutical Group has submitted its listing application to the Hong Kong Stock Exchange, with China CITIC Securities as its exclusive sponsor.

Why hasn't the oil price exceeded $150 despite the three-month blockade of Hormuz?

Although the price of oil has risen above $100, it has not surged to $150, thanks to the triple cushioning support of inventory consumption, idle capacity release, and cooling demand.

Reduce reliance on OpenAI! HSBC optimistic forecast: Anthropic is expected to increase revenue by $43 billion for Microsoft Corporation (MSFT.US)

HSBC bank gives Microsoft a "buy" rating with a target price of $571.

Chen Maobo: Hong Kong's international financial center competitiveness continues to rise, leading multiple indicators globally.

Chen Maobo stated that, using the Global Financial Center Index as an example, Hong Kong is ranked third globally, with the score gap with the top-ranked New York narrowing from 39 points a decade ago to only two points currently. Hong Kong also leads in many aspects globally.

Lululemon (LULU.US) reaches agreement with founder Wilson to reorganize the board of directors, resolving the power struggle.

Lululemon Athletica (LULU.US) announced on Thursday that they have reached a collaboration agreement with the company's founder, Chip Wilson.

US mortgage rates rise to highest level since last August, while demand for home purchases and refinancing declines.

The 30-year mortgage rate in the United States rose to its highest level since August last year at 6.65%. The refinancing application index dropped by over 18% to a near one-year low, and the volume of home purchase applications also decreased for the second consecutive week.

U.S. Redbook retail sales for the week ending May 23 grew by 9% year-on-year, up from the previous value of 8.1%.

Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) CEO promises to increase employee bonuses by over 30%, with AI dividends providing extra motivation and boosting morale.

Taiwan Semiconductor (TSM.US) CEO Wei Zhejia told employees on Wednesday that this year's average profit-sharing bonus will increase by more than 30% in response to some employees' concerns about the incentive program on the internet.

Cross the picket line! Duan Yongping massively increased his stake in POP MART (09992).

The information from the Hong Kong Stock Exchange shows that Duan Yongping and H&H International Investment, LLC simultaneously increased their holdings of the stock of Pop Mart. The proportion of shares held by the concerted parties reached 5.69%, triggering the requirement for mandatory disclosure.

Hollywood Century M&A heats up! Warner Bros. explored (WBD.US) issuing bonds twice with increased capacity, reducing returns but still being sought after, paving the way for the purchase of Paramount.

In the hot debt market, Warner Bros. tightened the pricing of a $15 billion debt.

Pointing to the chip storage wilderness! Samsung will invest $1.5 billion to build the first chip testing factory in Vietnam, with hopes of beginning production in 2027.

Samsung Electronics plans to invest 390 billion Vietnamese dong (approximately 1.5 billion US dollars) in Vietnam to build the first chip testing factory. This project aims to alleviate the global shortage of semiconductor caused by the surge in demand for artificial intelligence (AI).

Yimeiliang understands the initial disclosure of the contents of the memorandum of understanding as preliminary and informal.

The content involves issues related to the Strait of Hormuz, regional military deployments, and future agreement arrangements.

KINGSOFT CLOUD (KC.US) Q1 revenue increased by 37.2% year-on-year, with the adjusted EBITDA margin rising to 27.6%.

Jinshan Cloud's Q1 revenue increased by 37.2% year-on-year, and the adjusted EBITDA margin improved to 27.6%.

Pre-market continues to rise by over 7%! Rocket Lab (RKLB.US) completes critical review of SDA satellite project.

Rocket Lab successfully passed a critical review of the TRKT3 missile early warning satellite project valued over $3.5 billion by the US Space Development Agency (SDA), bringing their total SDA orders to over $1.3 billion and causing their stock price to continue to rise.

New stock news | CCUS leader Shougang Langze (02553) oversubscribed more than 36 times on the second day of its initial public offering. Futu Securities and Tiger Brokers International lead the subscriptions.

As of 16:00 on May 27, according to data from JeLi Trading Treasure, Shougang Langze has already secured a margin loan of HKD 2.486 billion from securities firms, compared to the public offering amount of HKD 68.4 million, with oversubscription reaching 36.34 times.

A-share announcement highlights | Kweichow Moutai (600519.SH): Share repurchase completed, spent 3 billion yuan to repurchase 2.1886 million shares.

Guizhou Maotai announced that the company has completed the share repurchase, with a total of 2.1886 million shares repurchased, accounting for 0.17% of the company's total share capital, at a total cost of 3 billion yuan.

Hong Kong ramps up regulation of Mainland investors' investment accounts, with account opening checks to be conducted retroactively until January 2023.

Materials provided by the Hong Kong Monetary Authority show that registered institutions are required to take three additional measures when opening and managing investment accounts for mainland investors.

Hong Kong Treasury Department: Build a competitive strategic tax system framework to consolidate Hong Kong's position as an international financial center.

In the context of reshaping the global economic landscape and evolving international tax rules, Hong Kong needs to consolidate its existing advantages, while moderately revising tax measures to promote diversified economic development.

Duan Yongping increases stake in Pop Mart.

On May 27th, the Hong Kong Stock Exchange reported that Pinduoduo saw a major change in shareholder equity. Duan Yongping and H&H International Investment, LLC simultaneously increased their holdings in the company, with their combined shareholding reaching 5.69%, triggering a mandatory disclosure requirement.

Bank of Nova Scotia (BNS.US) reported higher-than-expected profits in Q2, with strong performance in its Canadian domestic business.

Fung Yeung Bank's overall and Canadian domestic banking business profits in the second quarter far exceeded market expectations.

Escalation of the storm! Dismissed only 8 months after taking office, former Chairman of BP p.l.c. Sponsored ADR (BP.US) refutes allegations of misconduct.

Manifold expresses that he was suddenly dismissed from the company without any reason or prior notice, and did not receive any explanation.

Under the rebound of software stocks, Salesforce, Inc. (CRM.US) still lags behind. Can the financial report ease concerns about AI?

In the midst of a rebound in software stocks in the US stock market from the earlier AI panic selling this year, Salesforce (CRM.US) has consistently failed to truly break out of the quagmire. However, the earnings report to be released after market close on Wednesday may be the key catalyst to break the deadlock.

Preview of US Stock Market | Three major stock index futures rise together, US promises a 60-day comprehensive ceasefire on all fronts, commercial aerospace and storage chip stocks rise before the market.

Before the US stock market opened on Wednesday, May 27th, US stock index futures rose across the board.

Biogen (BIIB.US) faces pressure in its MS business: Its Italian subsidiary faces a surprise antitrust inspection and is accused of abusing testing bundling sales to prevent competition.

Italy is investigating Baiken company, accusing it of hindering the sale of multiple sclerosis drugs by competitors.

Chairman of the Hong Kong Securities and Futures Commission, Mr. Huang Tianyou: Collaboration from all parties to drive Hong Kong stocks from "trading" to "quality".

Dr. Wong Tin-wu expressed that as an international financial center, Hong Kong's advantages lie in its system, connectivity, and professional investor base. However, in order to transition from "having transactions" to "having a quality market", it cannot rely solely on any one party, but requires joint efforts from issuers, investors, industry associations, and regulators.

Hong Kong Futures Exchange: Gold Futures trading fees will be discounted for the whole market in July, lasting for one year.

Hong Kong Futures Exchange Limited announced it will offer market-wide trading fee discounts for USD Gold futures contracts, as well as special incentives for liquidity providers and active traders.

PDD Holdings Inc. Sponsored ADR Class A (PDD.US) releases Q1 financial report, "supporting billions" to help businesses and farmers, New Pinmu helping supply chain transformation and upgrade.

Benefiting from continued investments in strategies such as "Supporting Hundreds of Billions," the platform ecosystem and supply chain system achieved steady and positive development, with Pinduoduo's first-quarter revenue reaching 106.2 billion yuan.

Three-year 40 billion investment blueprint steadily landing! Amazon.com, Inc. (AMZN.US) plans to "spend" 15 billion in the UK by 2025.

Amazon said it will invest over 15 billion (approximately $20 billion) in the UK by 2025. These investments are expected to help the company achieve its plan of investing 40 billion in the UK within the three years ending in 2027.

Stock market rise too crazy, European Central Bank warns of risk of pullback: asset valuations are too high, financial system may amplify volatility.

The European Central Bank (ECB) released a Financial Stability Report, warning that the financial markets are facing the risk of a sudden and sharp correction. The report stated that current asset prices are overvalued and multiple risks are being underestimated.

According to Iranian media reports on the 27th, Ali Bagheri, deputy secretary of Iran's Supreme National Security Council, said that Iran and the United States have not reached an agreement on issues related to the Strait of Hormuz. Bagheri stated that Iran is currently in talks with Oman on a new mechanism for ships to pass through the Strait of Hormuz, and indirect contacts between Iran and the United States are still ongoing. He also stated that the issue of Iran's enriched uranium is currently not on the agenda for negotiations between Iran and the United States. (Xinhua News Agency)

Northbound funds | Northbound trading saw a net selling of 7.717 billion yuan, with Northbound investors continuing to reduce their holdings in technology stocks and Hong Kong-listed ETFs. They made a new position in Semiconductor Manufacturing International Corporation (00981) with nearly 2 billion Hong Kong dollars.

On May 27, the Hong Kong stock market saw a net sell of 7.717 billion Hong Kong dollars by Northbound investors. Among them, the Shanghai-Hong Kong Stock Connect recorded a net buy of 1.614 billion Hong Kong dollars, while the Shenzhen-Hong Kong Stock Connect recorded a net sell of 9.332 billion Hong Kong dollars.

Starship test flight "successfully halfway"! SpaceX holds on to nearly $2 trillion valuation in final test before going public.

In the 12th test conducted last Friday, the SpaceX Starship made significant progress, enough to sustain market optimism for Elon Musk's soon-to-be publicly traded commercial space giant, with a valuation as high as $1.75 trillion.

Geopolitical shocks transmitted to the financial side of enterprises. The foreign exchange hedging ratio of UK and US companies reached a record high.

The war triggered fluctuations in the foreign exchange market, and American and British companies accelerated their foreign exchange hedging activities.

Shale gas company WhiteHawk Minerals (WHK.US) sets IPO pricing at $25 to $27 per share, aiming to raise $180 million.

WhiteHawk Minerals (WHK.US) announced the terms of its initial public offering (IPO) on Tuesday.

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16 m ago

Dell's stock price surged by 4.8% after securing a defense cooperation contract.

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Federal Express Corporation is about to be included in the S&P 500 Index.

17 m ago

Standard & Poor's Dow Jones Indices: FedEx Freight Holding Company will be included in the S&P 500 Index, replacing Epam Systems. Epam Systems will be included in the S&P SmallCap 600 Index, replacing ShutterStock.

19 m ago

Standard & Poor's Dow Jones Indices: Fedex Freight Holding Company will be included in the S&P 500 Index.

20 m ago

Western LNG Company CEO: Canadian Ksi Lisims LNG Company is currently in talks with several European utility companies for potential LNG trades. Ksi Lisims has allocated 5 million tonnes per year through purchase agreements and hopes to increase this number to 8 million tonnes before making a final investment decision.

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