U.S. Stock Market Moves | Popular Chinese ADRs Rise Broadly; Kingsoft Cloud (KC.US) and Li Auto (LI.US) Gain Over 7%

On Friday, the Nasdaq China Golden Dragon Index rose 2.47%, with most popular Chinese stocks listed in the U.S. posting gains; Kingsoft Cloud (KC.US) and Li Auto (LI.US) both climbed more than 7%.

Zhitong FinanceOct 9 21:50

Express News | The CPC Central Committee and the State Council: Fully implement the "AI Plus" initiative, strengthening the efficient provision of computing power, algorithms, data, and other resources.

The CPC Central Committee and the State Council have issued the "Opinions on Developing New‑Type Productive Forces." The document emphasizes the comprehensive implementation of the "AI Plus" initiative, promoting the transformation of traditional industries through artificial intelligence and accelerating the deployment of next‑generation smart terminals—such as intelligent connected new‑energy vehicles, AI‑enabled smartphones and computers, and humanoid robots—in real‑world applications. It calls for speeding up innovation in digital and intelligent technologies, including AI, breaking through fundamental theories and core technologies, and strengthening the efficient provision of computing power, algorithms, and data. Tailored to local conditions and sector‑specific needs, the plan calls for establishing national pilot test bases for AI‑driven industrial applications and high‑value use cases, while vigorously advancing AI adoption across various industries. Furthermore, it advocates building a system for technology monitoring, risk early warning, and emergency response to ensure that AI is safe, reliable, and controllable.

LatestOct 9 18:05

[HK Stocks] Hang Seng Index closes up 425 points; tech and internet stocks lead gains; Xiaomi surges over 9%; HSBC rises nearly 2%

Last night (the 8th), the three major U.S. stock indexes posted mixed results: the Dow Jones Industrial Average closed up 0.1%, while chip stocks weighed on the Nasdaq, which ended down 1.25%, and

AASTOCKSOct 9 16:45

Hong Kong-listed technology and internet stocks staged a strong rebound, with the Hang Seng TECH Index rising more than 2% and Xiaomi gaining over 5%.

Gelonghui, October 9 | Tech stocks in the Hong Kong market staged a strong rebound today, with the Hang Seng Tech Index rising more than 2%. Among the constituents, Xiaomi Group surged over 5%,

Gelonghui FinanceOct 9 09:52

Netease Cloud Music, Gamma Agree to Multi-Year Partnership in China

Netease (NTES) unit NetEase Cloud Music and media technology company gamma have agreed to a multi-year partnership in China, the companies said on Thursday.The Netease unit will serve as a launch

MT NewswiresOct 8 21:53

UOB Kay Hian’s October Stock Picks: Investment Ratings and Target Prices (Table)

DH Capital has released a research report, outlining its stock-picking list for October, which includes investment ratings and target prices for 11 stocks, as detailed below:Shares | Investment

AASTOCKSOct 5 12:58