Economic Information Daily, 27th - Anthropic, the U.S. AI large model company, has officially filed an IPO application with Nasdaq and is expected to launch its IPO in mid-November. The news boosted AI-related stocks, with chip stocks rising significantly. Markets are awaiting the Fed's interest rate decision, but falling oil prices have lifted market sentiment, driving the three major indexes higher on Monday. AI-related stocks strengthened, boosting markets in Japan and South Korea this morning. The Hang Seng Index opened at 23,260, up 48 points or 0.2%. Board turnover reached HK$2.685 billion. The Hang Seng China Enterprises Index stood at 7,816, up 14 points or 0.2%. The Hang Seng Tech Index rose to 3,886, up 28 points or 0.7%.
The news that AI large model Anthropic officially filed its IPO application with Nasdaq boosted AI-related stocks. Lenovo Group (00992) rose 5.3% to HK$22.90; SMIC (00981) gained 2.4% to HK$47.00; Hua Hong (01347) climbed 4.1% to HK$66.90; Kingboard CCL (01888) surged 6.9% to HK$38.48; and Yangtze Optical Fibre & Cable (06869) rose 4.1% to HK$106.50.
WuXi AppTec (02359) reported a net profit of approximately RMB 19.161 billion for the first nine months, up 62.4% year-on-year, and raised its full-year earnings guidance. Excluding the first half's net profit, the company earned RMB 8.08 billion in net profit for the third quarter alone, a year-on-year increase of about 1.3 times. The stock opened 5% higher at HK$197.70.
ZTE Corporation (00763) reported a third-quarter net profit that surged over 3.9 times year-on-year to over RMB 1.3 billion. ZTE rose 3.1% to HK$19.70. (vs)
The news that AI large model Anthropic officially filed its IPO application with Nasdaq boosted AI-related stocks. Lenovo Group (00992) rose 5.3% to HK$22.90; SMIC (00981) gained 2.4% to HK$47.00; Hua Hong (01347) climbed 4.1% to HK$66.90; Kingboard CCL (01888) surged 6.9% to HK$38.48; and Yangtze Optical Fibre & Cable (06869) rose 4.1% to HK$106.50.
WuXi AppTec (02359) reported a net profit of approximately RMB 19.161 billion for the first nine months, up 62.4% year-on-year, and raised its full-year earnings guidance. Excluding the first half's net profit, the company earned RMB 8.08 billion in net profit for the third quarter alone, a year-on-year increase of about 1.3 times. The stock opened 5% higher at HK$197.70.
ZTE Corporation (00763) reported a third-quarter net profit that surged over 3.9 times year-on-year to over RMB 1.3 billion. ZTE rose 3.1% to HK$19.70. (vs)