Market Performance: The HSI closed up 0.03% at 26,347, while the HSCEI fell 0.2% to 9,148, and the HSTECH increased by 0.1% to 5,741, with a total market turnover of HKD283.462 billion.

Kuaishou and Bilibili Surge: KUAISHOU-W saw an 11.1% increase following BLUEFOCUS's resubmission of a listing application, while BILIBILI-W rose 5.1% due to its ties with BLUEFOCUS.

Neuralink Announcement Impact: Stocks related to brain-computer interfaces surged, with NANJING PANDA jumping nearly 40% after Elon Musk's announcement about Neuralink's mass production plans.

Tech Stock Movements: Various tech stocks showed mixed results, with notable gains for PA GOODDOCTOR and Q TECH, while JD-SW and NTES-S experienced declines.

Earnings Outlook: Goldman Sachs reports a 1.3% month-over-month increase in the Earnings Revision Leading Indicator (ERLI) for December 2025, with a total gain of 6.9% over the past three months, indicating the strongest growth since 2021.

Stock Recommendations: Based on the ERLI, Goldman Sachs has issued Buy recommendations for several Hong Kong stocks, including AIA, Ping An, and ZTO Express, highlighting potential earnings uplift driven by improvements in technology and manufacturing.

Market Performance: The report includes various stock performance metrics, showing fluctuations in share prices and short selling ratios for companies like Xiaomi, HKEX, and CHALCO, reflecting market sentiment and trading activity.

Future Projections: Goldman Sachs anticipates that the earnings uplift trend may continue into early 2026, supported by ongoing advancements in the technology and manufacturing sectors.

Stock Performance: Lenovo Group's stock price increased by 2.2% to HKD9.76, with a peak of HKD9.94 during trading, and a trading volume of 45.7484 million shares.

Collaboration with Nvidia: Chairman and CEO Yang Yuanqing discussed the growing collaboration with Nvidia's Jensen Huang, highlighting a fivefold increase in AI partnership and the potential for similar growth in the next two years.

US Military Action Impact: The US military action against Venezuela caused initial drops in international oil prices, which later rose during Asian trading hours.

Hong Kong Market Performance: The Hong Kong stock market opened higher, with the HSI up 22 points, while various tech stocks showed mixed performance, with some gaining and others declining.

Tech Sector Highlights: KUAISHOU-W and BABA-W saw significant gains, while companies like BIDU-SW and INNOSCIENCE experienced declines in their stock prices.

Investment and R&D Developments: SMIC received increased investment from the China Integrated Circuit Industry Investment Fund, and Xiaomi announced plans to invest heavily in R&D and set ambitious car delivery targets.