Big Tech

16:34

                            The National Hurricane Center: The tropical depression has strengthened into Tropical Storm Sonia.
                        
15:20

                            Unity's total revenue from publishing in China exceeded 10 million yuan, with a monthly growth rate of 30%-40%.
                        
                            At Unite 2025, Unity's annual developer conference, Unity announced that its publishing business in China has generated over tens of millions of yuan in revenue this year, with a monthly growth rate of 30%-40%. Furthermore, Unity officially released Unity Engine 1.7.3, introducing TuanjieGI, the first complete global dynamic real-time lighting solution within the Unity ecosystem. This upgrade encompasses three strategic areas: core rendering capabilities, cross-device deployment capabilities, and AI integration. Furthermore, Unity is collaborating with Tencent Games to launch the AI Graph intelligent creation platform, leveraging Tencent's Hunyuan large-scale model capabilities.
                        
11:57

                            US President Trump: We lead everyone in artificial intelligence.
                        
08:54

                            According to the Wall Street Journal: OpenAI CEO Sam Altman was part of the movement to prevent Trump from sending troops to San Francisco.
                        
01:17

                            European Commission says Meta violates EU Digital Services Regulation
                        
                            On the 24th local time, the European Commission announced that it had preliminarily determined that Metaverse (also known as Zuckerberg's Meta Platforms Inc.) had violated the EU's Digital Services Act. If the company fails to correct the suspected violations, it could be fined up to 6% of its global turnover.
                        
21:34

                            Alphabet (GOOG.O) shares rose 1.1% after Anthropic announced it would use Google's AI chip, valued at tens of billions of dollars.
                        
21:34

                            Arm (ARM.O) opened up 2.2%, and TSMC (TSM.N) rose 1.5%.
                        
20:42

                            HSBC: Raised its target price on Google (GOOG.O) from $285 to $295.
                        
20:29

                            JD Logistics: Plans to purchase 3 million robots, 1 million driverless cars, and 100,000 drones in the next five years
                        
                            On October 24, JD Logistics announced that it would purchase 3 million robots, 1 million driverless vehicles and 100,000 drones in the next five years, fully investing in the entire logistics supply chain scenario.
                        
19:20

                            Truist Securities: Raised Meta Platforms (META.O) price target from $880 to $900.
                        
18:53

                            Meta plans to lay off about 600 employees in its artificial intelligence division
                        
                            Meta, the parent company of tech giant Facebook, plans to lay off approximately 600 employees in its artificial intelligence division. Reportedly, these layoffs do not affect employees of its newly established TBD lab, which previously hired top AI researchers from competitors such as OpenAI and Apple at high salaries. The layoffs are reportedly intended to address organizational bloat stemming from a massive hiring spree to rapidly advance its AI projects. Meta has reportedly been actively adjusting its AI strategy in recent months to keep pace with its competitors, investing billions of dollars in infrastructure projects and talent acquisition.
                        
17:49

                            Market news: The European Commission said that Facebook, Instagram and others can take remedial measures.
                        
17:48

                            Market news: The European Commission preliminarily determined that Instagram and Facebook, both owned by Meta Platforms (META.O), have failed to fulfill their obligations to regulate illegal content.
                        
17:48

                            Market news: The European Commission preliminarily determined that Meta Platforms (META.O) had violated transparency obligations under the EU Digital Services Act (DSA).
                        
17:36

                            Southbound funds net bought HK$3.414 billion today, with Meituan-W leading the purchase amount.
                        
                            Southbound funds saw a net purchase of HK$3.414 billion today. Meituan-W, SMIC, and CNOOC ranked the top three in terms of net purchases, receiving HK$655 million, HK$602 million, and HK$571 million, respectively. In terms of net sales, Pop Mart, CSPC Pharmaceutical Group, and UBTECH Robotics saw net sales of HK$629 million, HK$247 million, and HK$211 million, respectively.
                        
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Weekly Highlights

                                    Southbound funds saw a significant net inflow of 5.345 billion yuan today. On the Shanghai side of the Hong Kong Stock Connect, Pop Mart and CNOOC saw net inflows of HK$538 million and HK$529 million, respectively, while Hua Hong Semiconductor saw the largest net inflow of HK$356 million. On the Shenzhen side of the Hong Kong Stock Connect, Meituan-W and CNOOC saw net inflows of HK$487 million and HK$451 million, respectively, while Hua Hong Semiconductor saw the largest net inflow of HK$659 million.
                            2025-10-23

                                    Hongxin Electronics: Exclusively provides a full set of circuit board solutions for Xiaomi Iron Egg Robot
                            2025-10-24

                                    The memory chip sector rose again, with Yachuang Electronics rising more than 10%.
                            2025-10-21

                                    Amazon Web Services confirmed that global services and features dependent on the US East Region 1 have been restored.
                            2025-10-20

                                    Market news: Amid concerns about an AI bubble, the Bank of England is investigating data center lending.
                            2025-10-24