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Express News | Minister of Commerce Wang Wentao: Promote the consumption of large durable goods and advance 'Artificial Intelligence + Consumption.'
Four key 'tailwinds' to support the stock market in 2026! JPMorgan recommends focusing on AI, cyclical stocks, and markets such as China.
① JPMorgan strategists believe that, despite the weakness in the stock market due to concerns over AI trading and uncertainty regarding the Federal Reserve's rate-cutting path, now is the time to strategically increase equity exposure; ② A robust outlook for the U.S. economy, sustained strong corporate earnings, receding tariff concerns, and an optimistic international market outlook are expected to drive the stock market through early next year.
The Hang Seng Index rose 48 points in the morning session, with strong interest in robotics-related stocks.
Market expectations for the Federal Reserve to cut interest rates have further intensified, with Hong Kong stocks showing volatility but closing higher in the morning session. The Hang Seng Index opened 43 points higher, initially dropped 111 points to a low of 25,649 points, then rebounded and rose as much as 110 points to a high of 25,871 points, ending the half-day session up 48 points or 0.2% at 25,809 points. The Hang Seng China Enterprises Index rose 34 points or 0.4% to 9,062 points, while the Hang Seng Tech Index gained 32 points or 0.6% at 5,567 points. Total turnover in the morning session amounted to HKD 92.278 billion. The FTSE China 50 Index quarterly review included Hongqiao (01378.HK), CATL (03750.HK), and Hengrui Pharma (012...)
Express News | Wang Xiaogang, Co-founder and Executive Director of SenseTime, has been appointed as the Chairman of Da Xiao Robotics.
SenseTime (00020.HK) has unveiled the NEO architecture, which is expected to be the industry's first deeply integrated native multimodal architecture.
SenseTime (00020.HK) announced the official release and open-sourcing of the entirely new multimodal model architecture "NEO", co-developed with S-Lab at Nanyang Technological University. This marks the industry’s first viable native multimodal architecture (Native VLM), achieving deep fusion through an innovative design purpose-built for multimodality, starting from fundamental principles. By integrating multimodal capabilities at the core architectural level, it achieves a comprehensive breakthrough in performance, efficiency, and versatility, laying a new architectural foundation for the SenseNova series of multimodal models. This development signifies that AI multimodal technology is entering the era of "native architecture."
SenseTime open-sources the NEO multimodal model architecture, achieving deep unification of vision and language.
Sina Tech News, December 2nd, afternoon report: SenseTime has released and open-sourced an entirely new multimodal model architecture, NEO, developed in collaboration with Nanyang Technological University's S-Lab. The company announced that, starting from fundamental principles, it aims to break free from the constraints of traditional "modular" paradigms by achieving deep multimodal integration at the core architectural level, thereby unifying vision and language at a deeper level. This effort is set to bring comprehensive breakthroughs in performance, efficiency, and versatility. Reportedly, driven by architectural innovation, NEO demonstrates exceptionally high data efficiency—requiring only one-tenth of the data volume (390 million image-text examples) compared to models of equivalent performance in the industry to develop top-tier visual capabilities.