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2849.75
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72.200
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153.387
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Real-time News
On February 5, Goldman Sachs chief economist Andrew Boyack said that from a policy perspective, the data showed that New Zealands unemployment rate reached a four-year high of 5.1%, which once again indicated that the Reserve Bank of New Zealand will cut interest rates continuously in the first half of the year, including another 50 basis point cut at the policy meeting later this month. The Reserve Bank of New Zealand is expected to slow down the pace of interest rate cuts to 25 basis points at each meeting starting in April, and the official cash rate will eventually reach 3.0% in July. However, if the recent improvement in survey data does not translate into an improvement in the economy, the risk of faster and larger rate cuts will emerge.On February 5, CICC released a research report, maintaining Geely Autos (00175.HK) "outperform" rating and a target price of HK$18.60. The companys sales in January 2025 were 266,737 units, up 25% year-on-year and 27% month-on-month, of which new energy sales were 121,071 units, up 84% year-on-year and 9% month-on-month. By brand, Galaxy, Zeekr, and Lynk & Co sold 93,545 units, 11,942 units, and 30,077 units, respectively. Export sales in January were 26,793 units, up 9% month-on-month.Sporting goods stocks listed on the Hong Kong stock market fell, with Xtep International (01368.HK) and Anta Sports (02020.HK) falling more than 4%, Li Ning (02331.HK) falling more than 3%, and Topsports (06110.HK) falling more than 2%.On February 5, Bank of America said that Nvidia (NVDA.O) should be able to cope with adverse factors such as the global trade war, and its stock price has the opportunity to hit a record high. Bank of America analyst Vivek Arya said that although DeepSeeks large language model has caused the market to question whether it is necessary for the technology industry to invest heavily in artificial intelligence development, Nvidia still occupies a favorable position. He pointed out that Meta and Microsoft recently announced their results without withdrawing their capital expenditure plans, indicating that Nvidias sales will continue to grow strongly. Bank of America reiterated its "buy" rating on Nvidia and gave it a target price of $190.The Hang Seng Indexs decline widened to 1.7%, while the Hang Seng Tech Index fell more than 2.6%.
