GMT EIGHT - OPPORTUNITIES IN CHINA

US Stock Market Move | INNIO N.V (INIO.US) debuted on the US stock market with an opening gain of over 26%.

As of press time, the stock has risen more than 26%, reaching $34.24.

US Stock Market Move | Liftoff Mobile (LFTO.US) debuts on the US stock market, opening with a rise of over 17%.

As of the filing, the stock has risen more than 17%, with a price of $27.07.

US Stock Market Move | Cross-border securities business rectification collectively landed, UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US) increased by over 2% in early trading.

On Thursday, Tiger Brokers (TIGR.US) rose more than 2% in early trading, while Futu Holdings (FUTU.US) was flat at one point.

"Wood Sister" Wood aggressively increased their holdings in Alphabet Inc. Class C, a subsidiary of Alphabet Inc. (GOOGL.US), with a total purchase of over 260,000 shares across four funds.

"Wood Sister" Wood doubles down on large tech stocks.

US Stock Market Move | Increasing investment in the layout of pharmaceutical production capacity in the United States, Eli Lilly (LLY.US) surged over 5% in early trading.

On Thursday, Eli Lilly (LLY.US) surged more than 5% in early trading, approaching its previous all-time high, now trading at 1134.46 US dollars.

Race SpaceX IPO! Coinbase (COIN.US) launches perpetual futures for pre-IPO companies, limited to qualified investors outside the United States.

Global cryptocurrency exchange platform Coinbase has announced the launch of perpetual futures contracts linked to SpaceX, allowing eligible investors outside the United States to participate in trading before the company goes public.

Evening hotspots in A-share market | Ministry of Industry and Information Technology issues document! Boost for 6G industry, institutions identify companies in this category

It's about the development of 6G! The Ministry of Industry and Information Technology has made a major announcement, is the window of opportunity for accelerating industrial development coming?

US Stock Market Move | CrowdStrike (CRWD.US) fell more than 9% after earnings, Q1 performance did not meet the market's "high expectations"

On Thursday, CrowdStrike (CRWD.US) fell over 9% after its earnings report, marking its biggest drop since February, now trading at $680.57.

Broadcom Inc. (AVGO.US) plunged 13% due to AI guidance being misinterpreted! Wall Street's major banks called it "excessively pessimistic" and raised their target prices against the trend.

Multiple Wall Street institutions believe that the market's reaction to Broadcom not further increasing its annual revenue outlook for its artificial intelligence business may be overly pessimistic.

US Stock Market Move | The concept stock of cryptocurrency rose, Circle (CRCL.US) increased by more than 3%.

Bitcoin back above $64,000, with a low of $61,366.1 in the last 24 hours.

Tianchen Biotechnology-B(01779): Hong Kong public offering oversubscribed by 4762.58 times, with net proceeds of approximately HK$1.255 billion raised globally.

Tencent Biological-B (01779) announced the distribution results, the company sold a total of 14.19315 million shares globally, with 10% sold in Hong Kong and 90% sold internationally. The final offer price was HK$96.06 per share, raising approximately HK$1.255 billion through the global sale. Trading of H shares, with each lot consisting of 50 shares, is expected to begin on the Hong Kong Stock Exchange at 9am on June 5, 2026 (Friday).

US Stock Market Move | Space concepts are largely on the rise, with Virgin Galactic (SPCE.US) rising nearly 20%.

On Thursday, most space stocks rose.

US Stock Market Move | Initial decline in the stock price of Photonics Communications, Ciena (CIEN.US) fell by nearly 21% after the earnings report.

On Thursday, the share price of Guantong Communications fell at the beginning of the trading session.

Merger of local military drone company sparks stock price surge! Mobix Labs (MOBX.US) stock price has jumped nearly 15%.

Mobix Labs (MOBX.US) plans to acquire the American military drone manufacturer Vision Aerial, and the positive news has pushed its stock price up significantly.

US Stock Market Move | Storage concept stocks collectively fell, Micron Technology, Inc. (MU.US) dropped 8%.

Concept stocks collectively fell

The number of initial unemployment claims in the United States has risen to a new high since February: the Federal Reserve remains "unmoved" with confidence, and holiday fluctuations cannot conceal the resilience of the labor market.

As of the week ending on May 30th, the number of initial unemployment insurance claims increased by 13,000 to 225,000 people. The median estimate from economists surveyed was 215,000 people.

"Private credit storm" re-emerges? Following Partners Group, Blackstone (BX.US) also limits redemptions.

After investors attempted to redeem 10% of their shares in the flagship private credit fund, Blackstone Group imposed redemption restrictions for the first time, making it the latest fund of its kind to limit redemptions amid ongoing investor withdrawals.

US Stock Market Move | AI chip full year revenue guidance lower than expected, Broadcom Inc. (AVGO.US) opens with a steep drop of over 15%.

On Thursday, Broadcom (AVGO.US) opened plunging more than 15%, marking its biggest drop since January 2025, and is now trading at $403.15.

World Gold Council: Global Gold ETFs turned into net outflows in May, with Asia and North America leading the withdrawal efforts.

In May, global gold ETF fund flows weakened, with a net outflow of 2 billion US dollars.

Amazon.com, Inc. (AMZN.US) launches AI-driven warehouse Siasun Robot & Automation to advance European logistics expansion with an investment of one billion euros.

Amazon (AMZN.US) announced that it is investing over 10 billion euros to upgrade its warehouse network in Europe. A new generation of automated devices, including warehouse robots, will be implemented by 2027. The company will also expand its same-day delivery service and launch a new version of AI voice assistants.

US Stock Market Opening: Three major stock indexes rise and fall differently.

The Dow rose 0.95%, the S&P 500 fell 0.37%, and the Nasdaq dropped 1.04%. Broadcom fell 13.67%, Ciena Technologies fell 13.28%, CrowdStrike fell 8.91%, Norwegian Cruise Line rose 6.78%, and UnitedHealth rose 4.21%. Among the "Big Seven": Amazon rose 0.92%, Microsoft rose 0.91%, Meta Platforms rose 0.81%, Apple rose 0.62%, Google rose 0.49%, NVIDIA fell 0.42%, and Tesla fell 1.09%.

Palantir announces several major AI partnerships: Collaborating with Google to break through data barriers, accelerating penetration into the fields of construction, insurance, and legal services.

Palantir (PLTR.US) announced several updates at the annual AIPCon event held on Thursday, including a partnership with Google (GOOGL.US).

Hong Kong Land Registry: In May, a total of 4 pre-sale consent letters were issued, involving 1356 residential units.

The Hong Kong Land Registry announced that in May, a total of 4 pre-sale consent letters were approved, involving a total of 1356 residential units. There was 1 application for a pre-sale consent letter for residential units, involving 522 units.

Crazy surge of $218 billion! ARM (ARM.US) is already too expensive, Wall Street: Need to be wary of bubbles.

Relying on the growth expectations of self-developed AI chips, ARM's stock price (ARM.US) surged by 277% this year. Although the fundamentals are long-term positive, some insiders believe that the current valuation risks are evident.

Selected A-share Announcements | "Cooling off" Warning? Several Bull Stocks Simultaneously Issue Risk Warnings

CATL: The A-share employee stock ownership plan will complete non-trading transfer in 2026.

In the week ending May 30, the initial jobless claims in the United States were 225,000, higher than the expected 213,000, and revised down from the previous value of 215,000 to 212,000.

Ciena (CIEN.US) stands in the light and strengthens its performance in AI optical interconnect. Q2 profit surged by 290%, performance outlook surpasses expectations.

Together with Maewell Technology Co., Ciena and other leaders in the AI optical interconnection/communication infrastructure industry are undoubtedly at the core of the new infrastructure lifeline with AI data center optical interconnection, ultra-high-speed DSP, 1.6Tb/s coherent optical transmission, and silicon photonics technology.

Preview of US Stock Market | The three major stock index futures are mixed, with Broadcom Inc. (AVGO.US) guidance falling short of expectations dragging down Nasdaq futures by over 1% before the market opens.

The three major US stock index futures are mixed. As of the time of publication, Dow Jones futures rose by 0.89%, S&P 500 index futures fell by 0.36%, and Nasdaq futures fell by 1.28%.

The EU delays Basel's new regulations to weaken Wall Street's advantage, allowing Deutsche Bank and BNP Paribas to catch their breath.

Due to the impact of the relaxed implementation pace of Basel regulations in the US and UK, the EU has introduced a buffer scheme to hedge the capital consumption of new regulations by 2030.

"AI Super IPO Wave" Adds Fuel: SK Hynix Goes Public in the US, Raises $14 Billion with "Extremely Positive" Feedback

SK Hynix has told investors that its proposed plan to list in the United States has received "extremely positive" feedback.

"AI disrupting everything" kills the American job market! Layoffs in the technology industry hit a two-year high in May, and computing power budgets are accelerating the replacement of manpower.

Due to the widespread increase in investment in artificial intelligence by companies, American technology companies announced the largest downsizing plan in nearly two years in May. The technology industry plans to lay off 38,242 people, the largest downsizing since August 2024, and a total of 123,653 layoffs have been announced so far this year.

Oil and cotton both fell nearly 1 dollar in the short term. Earlier, Trump wrote that the United States is in the final stages of ending the war with Iran.

Liftoff (LFTO.US) IPO is priced at $23, and officially listed on Nasdaq today.

Mobile app marketing platform Liftoff Mobile (LFTO.US) completed its IPO pricing at $23 per share, exceeding the previously announced price range of $20-22.

SpaceX: Retail investors will be able to participate in the subscription at the same price as large institutions, with each share of SPCX expected to be priced at $135.

Northbound funds | Northbound trading net sold 315 million, Northbound trading increased positions in chips and sold off technology, continued to increase positions in POP MART (09992) by over 500 million Hong Kong dollars.

On June 4th, the Hong Kong stock market saw a net selling of 315 million Hong Kong dollars by Northbound investors. Among them, the Shanghai-Hong Kong Stock Connect saw a net buying of 3.933 billion Hong Kong dollars, while the Shenzhen-Hong Kong Stock Connect saw a net selling of 4.248 billion Hong Kong dollars.

Miles Ma Taiyang: The number of commercial shops registered in Hong Kong in May reached 455, an increase for the third consecutive month, with a registered amount of approximately 3.93 billion Hong Kong dollars.

In May, the number of newly registered business establishments in Hong Kong reached 455, a slight increase of 0.7% compared to the previous month, marking a third consecutive month of growth. However, the total registered capital recorded was approximately 39.3 billion Hong Kong dollars, a decrease of 43.1% compared to the previous month.

Hong Kong Stock Exchange: The average daily turnover of the Hong Kong securities market in May was HK$292.9 billion, an increase of 16% compared to the previous month.

At the end of May 2026, the total market value of the Hong Kong stock market was 47.1 trillion Hong Kong dollars, up 15% from the same period last year, with an average daily trading volume of 292.9 billion Hong Kong dollars.

"AI Bubble" alarm rings again? Tokyo AI investment frenzy encounters profit-taking, foreign capital sells Japanese stocks net for the first time in two months

With concerns about the AI bubble reigniting, foreign investors are selling Japanese stocks in large numbers.

SpaceX (SPCX.US) receives tax incentives in Texas, Terafab chip project making progress.

SpaceX (SPCX.US) has successfully obtained significant tax incentives approved by Grimes County, Texas, paving the way for its ambitious IPO and AI chip manufacturing with a valuation of up to one trillion dollars.

People's Bank of China: On June 5, 2026, the People's Bank of China will conduct a 500 billion yuan fixed quantity, fixed rate bidding, multiple price winning reverse repurchase operation with a term of 3 months and maturity date on September 5, 2026.

Foxconn partners with Intel Corporation (INTC.US) to aggressively enter the AI infrastructure market: Breaking free from "iPhone dependence" and seizing the trillion-dollar AI server market.

Foxconn announced a strategic partnership with Intel on Thursday to jointly develop and deploy the next generation AI infrastructure and intelligent computing platform.

The Nasdaq 100 index futures fell further, currently down 1%.

Cancer peptide therapy Parabilis is sprinting to NASDAQ! Parabilis (PBLS.US) plans to raise $450 million and debut on the U.S. stock market with a market value of $2.6 billion.

This Massachusetts-based company plans to raise approximately $450 million by issuing 25 million shares of stock in the price range of $17 to $19 per share. Based on the midpoint of the proposed range, Parabilis Medicines' market value will reach $2.6 billion.

111, Inc. Sponsored ADR Class A(YI.US) revenue was 2.4 billion yuan in the first quarter, and AI-driven operations efficiency improved.

Yi.us releases its performance report for the first quarter of 2026.

Raise $2.4 billion! Natural gas engine giant INNIO (INIO.US) landed on Nasdaq at the maximum price, with a valuation exceeding $20 billion.

German industrial giant INNIO Holding (INIO.US) went public in the United States with an IPO price of $27 per share, raising $2.4 billion.

Funds target the "next generation computing revolution"! Quantum computing pioneer Quantinuum (QNT.US) IPO in high demand, priced at $60, will debut on the US stock market on Thursday.

"Quantinuum continues to raise its IPO price, highlighting the market's high enthusiasm for the field of quantum computing."

Sharp 10% drop knocks Japan off its market capitalization throne! Behind SoftBank's risky bet on AI, high leverage risks are being questioned.

With heavy bets on OpenAI and Arm, SoftBank's stock price soared 70% and briefly returned to the top of Japan's market value rankings. However, the risk of a whopping $104 billion interest-bearing debt and over-reliance on a single target also has analysts warning that its balance sheet is facing a severe test.

China Automobile Dealers Association: The average daily transaction volume in the national second-hand car market from May 25th to 31st was 71,100 vehicles.

From May 25th to May 31st, the daily average trading volume of the national second-hand car market was 71,100 vehicles, a 3.93% decrease compared to the previous week (May 18th to May 24th). The previous two weeks of upward trend have come to an end, and the market has entered a phase of temporary correction.

Ministry of Commerce: US abuse of export controls has disrupted the global semiconductor supply chain stability.

In recent years, the US has continuously abused export controls on the grounds of national security, seriously damaging the legitimate rights and interests of Chinese companies, severely disrupting the international economic and trade order, and seriously impacting the stability of the global semiconductor industry supply chain. China has always opposed this. China urges the US to correct its wrong practices as soon as possible, stop discriminatory measures against China, and maintain the stability of the global industrial chain supply chain.

Powell's debut welcomes a "hot potato": inflation reignites, the bond market has preemptively "raised interest rates" for the Federal Reserve.

Federal Reserve Chairman Powell welcomed the first meeting, inflation once again rising, the US bond market indicates a possible interest rate hike.

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2 m ago

Federal Reserve President Daly said at a Bloomberg Technology event that there is evidence of individual companies and industries experiencing productivity increases driven by artificial intelligence, but at the moment, this increase has not yet formed a scalable effect.

3 m ago

Market news: Google (GOOG.O) announced plans to invest in building a new data center in Texas and increase their energy input.

4 m ago

Digital wealth management service company Hargreaves Lansdow: Clients can apply to subscribe for SpaceX stocks starting today until 11:59 pm on June 10th.

6 m ago

Insiders say that Qantas is currently in negotiations with aircraft manufacturers for a potential purchase of around 20 Boeing 787 or Airbus A350 aircraft.

6 m ago

Google: new data center and energy investments are being made in Gray County and Roberts County in Texas, USA.

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