EUR/USD
1.18850
0.042%
Gold
5070.85
1.207%
Oil
60.175
-0.927%
USD/JPY
154.329
0.077%
GBP/USD
1.36930
0.111%
GBP/JPY
211.329
0.201%
Real-time News
On January 27th, Micron Technology (MU.O) announced a $24 billion investment over the next decade in Singapore to expand its manufacturing capacity amid a memory chip shortage caused by artificial intelligence. According to a company statement, the Boise, Idaho-based chipmaker will use the funds to build a new NAND flash memory factory. The company said Tuesday that the new investment will create approximately 1,600 jobs, with wafer production expected to begin in the second half of 2028. The new factory will incorporate artificial intelligence and automation. In early 2025, Micron had already announced a $7 billion investment over the next few years to expand its manufacturing scale in Singapore to meet the demand for advanced memory chips needed to train artificial intelligence.On January 27th, UOB Kay Hian issued a research report stating that China Merchants Bank (03968.HK) is expected to see a 1.2% year-on-year increase in net profit to RMB 150.2 billion in 2025, exceeding both the banks and market forecasts. This is mainly due to improved net interest income and a continued narrowing of the year-on-year decline in non-net interest income. China Merchants Bank expects its revenue to remain stable year-on-year last year; ROE is expected to fall by 105 basis points to 13.4%. The report mentions that China Merchants Banks provision coverage ratio has plummeted to below 400%, possibly due to stricter bad debt recognition standards and accelerated disposal of non-performing assets. Despite this, China Merchants Banks provision coverage ratio remains above its peers. The bank maintains its "Hold" rating on China Merchants Bank but lowers its target price from HKD 52 to HKD 49 to reflect the latest earnings revisions and lower long-term ROE forecasts. The bank raised its 2025 earnings forecast for China Merchants Bank by 1%, but lowered its 2026 and 2027 forecasts by 2.9% and 1.1%, respectively.Samsung Electronics shares rose 3%.January 27 - Today, senior executives of CITIC Group spoke at the Asian Financial Forum, stating that the group will actively participate in the construction of the entire industry chain of the Hong Kong gold market.On January 27th, at the "Star Computing & Intelligent Connectivity" Space Computing Power Seminar organized by the China Academy of Information and Communications Technology (CAICT), Wang Yabo, Executive Vice President of Guoxing Aerospace, revealed that in November 2025, Guoxing Aerospace will deploy the Qwen3 large-scale model to the "Star Computing" Project 01 Space Computing Center. This is the worlds first time that a general-purpose large-scale model has been transferred from the ground to an in-orbit satellite, achieving in-orbit deployment.
