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Hong Kong-listed AI stocks fluctuated higher, with Zhipu (02513.HK) rising over 12%, Bilibili (09626.HK), GDS Holdings (09698.HK), and Alibaba (09988.HK) rising over 4%, and JD.com (09618.HK) and Kuaishou (01024.HK) rising over 3%.On January 9th, the highest 7-day annualized yield for Tencent Wealth Managements "Current Account +" was 1.2750%, and the lowest was 0.8900%. The highest 7-day annualized yield for WeChat Pays "Lingqiantong" was 1.2320%, and the lowest was 1.0490%. The highest 7-day annualized yield for Alipays "Yuebao" was 1.1760%, and the lowest was 1.0090%.Hong Kong-listed oil stocks surged across the board, with Shanghai Petrochemical (00338.HK) rising over 3%, PetroChina (00857.HK) rising over 2%, and CNOOC (00883.HK) and Sinopec (00386.HK) rising over 1%.On January 9th, the Ministry of Industry and Information Technology and four other departments issued a notice on the "Guidelines for the Construction and Application of Industrial Green Microgrids (2026-2030)". Industrial green microgrids mainly include facilities or systems such as renewable energy power generation, industrial waste energy utilization, clean and low-carbon hydrogen production and utilization, new energy storage applications, power conversion and flexible interconnection, and digital energy and carbon management. The proportion of newly built solar, wind, and other renewable energy power generation by industrial enterprises and industrial parks that is consumed locally each year should generally not be less than 60%. In areas where the electricity spot market is continuously operating, distributed photovoltaic power can be connected to the user-side grid through aggregation or through dedicated power lines with users, participating in the spot market using a self-consumption and surplus power grid connection model, with the grid-connected electricity accounting for no more than 20% of the total available power generation. The grid connection capacity and regulation capabilities of renewable energy power generation facilities will be continuously improved to achieve "observable, measurable, adjustable, and controllable" grid connection.The Peoples Bank of China (PBOC) announced today that it conducted 34 billion yuan of 7-day reverse repurchase operations, with a bid volume of 34 billion yuan and a winning bid volume of 34 billion yuan. The operation rate was 1.40%, unchanged from the previous rate.

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Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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