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Real-time News
January 8th - ASM and BE Semiconductor led the decline in European chip stocks, dragged down by Samsung Electronics preliminary results, despite the South Korean company expecting its fourth-quarter operating profit to triple. Analysts at Panmure Liberum noted that Samsung Electronics, the worlds largest memory chip supplier, warned about memory costs and the ripple effects on technology availability, dampening investor confidence in Asian technology stocks. European chip stocks subsequently fell, with ASM International and BE Semiconductor declining 4.4% and 2.55%, respectively. ASML, which has some business dealings with Samsung, fell 1.6%. However, the sector has seen a strong rally this year, with analysts noting continued growth in memory demand and a persistent chip shortage; ASM International has risen 22% in the first four trading days of the year.Türkiye and ExxonMobil (XOM.N) signed a memorandum of understanding on oil and gas exploration.On January 8th, the Chongqing Municipal Commission of Commerce announced that, in accordance with relevant requirements from national ministries and commissions and based on the actual implementation of policies in Chongqing, the remaining quota for the 2025 vehicle replacement subsidy is open for application. The remaining quota for the 2025 vehicle replacement subsidy is 59.6 million yuan, and will continue to be implemented according to the principles of "total amount control, first-come, first-served, and while supplies last." To facilitate consumer understanding, application, and system maintenance, this quota is being opened for application through a new application process. The valid application period is from 11:00 to 24:00 on January 10, 2026, or until all 59.6 million yuan quota has been applied for.On January 8th, MiniMax was expected to be listed for trading. On the same day, MiniMax announced its pricing, setting the upper limit at HK$165. Futus grey market data showed that MiniMax closed up 24.61% at HK$205.60.The Syrian Democratic Forces (SDF) denied the Syrian Ministry of Defenses claims that military facilities linked to them exist in Aleppo.
