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The Hang Seng Index of Hong Kong stocks opened higher by 0.46%, the index of state-owned enterprises rose by 0.51%, and the branch index rose by 0.46%.Shanxi Securities: The launch of new OpenAI products catalyzes the demand for low-orbit satellite to continue to accelerate. Shanxi Securities Research Report pointed out that 1) The "Open AI 12 Days" activity was held, and the official version of o1 &pro and the full version of ChatGPT pro o1 were released faster and more powerful than o1 preview, and they performed better in code, mathematics and writing, and still possessed the original ability of picture reasoning. With the marginal cost of training continuing to increase and cot reasoning computing power continuing to increase, the computing power demand in 2025 is real and may continue to exceed expectations. It is suggested that the current optical module, copper connection, power supply and liquid cooling should be switched to the low valuation of 2025 performance. 2) Amazon shows trn1 ultra cabinet products, and cloud manufacturer ASIC brings incremental demand for copper connection. Cloud manufacturers' self-developed ASIC will bring important demand increment for high-speed copper connection. At present, copper connection system component manufacturers are concentrated overseas, while bare wire supporting capacity is concentrated in China. 3) Last week, Yuanxin Qian Fan's third networking satellite was successfully launched in Taiyuan, and SpaceX mobile phones were directly connected to satellite networking for commercial use. The development of LEO satellite Internet is related to 6G standard discourse right, orbital frequency resources and the game of international air and space infrastructure powers, which is expected to force the launch of LEO constellation in China to accelerate again. Under the catalysis of continuous events, the relevant targets of the industrial chain are expected to usher in a certain performance contribution and drive the double-click market.The Hang Seng Science and Technology Index rose to 1%, and the Hang Seng Index is now up 0.70%.

Sora concept stocks fell, Huayang Lianzhong fell, Easy Point World, Fushi Holdings fell more than 8%, and Wanxing Technology fell nearly 5%.Bejet set up a new water development company in Kashgar, Xinjiang. According to the enterprise search APP, Bejet (Kashgar) Water Development Co., Ltd. was recently established, with the legal representative of Yuanxi and the registered capital of 10 million yuan. Its business scope includes: ecological restoration and ecological protection services; Protection and management of natural ecosystems; Technical consultation on resource recycling service; Resource recycling technology research and development, etc. Enterprise equity penetration shows that the company is wholly owned by Bejet.Six countries' chemical companies set up resource recycling companies, including new material technology research and development business. According to the enterprise survey APP, Hubei Xingyang Resource Recycling Co., Ltd. was recently established, with the legal representative of Xu Jinchong and the registered capital of about 145 million yuan. Its business scope includes: new material technology research and development; Manufacturing of eco-environmental materials; Sales of eco-environmental materials; Lime and gypsum manufacturing; Manufacturing of light building materials; Environmental consulting services; Processing of renewable resources, etc. Enterprise equity penetration shows that the company is jointly owned by Hubei Huiyang New Materials Co., Ltd. and dangyang city Jiantou Asset Management Co., Ltd., a subsidiary of Liuguo Chemical.

Japan Life Insurance: Acquisition of American Resolution Life.Korean media: Yin Xiyue began to contact defense lawyers and prepare to form a legal team. With the investigation of the alleged "civil strife crime" in the implementation of emergency martial law by the Korean investigation authorities, President Yin Xiyue has been banned from leaving the country. According to Korean media reports, Yin Xiyue has started to contact defense lawyers and prepare to form a legal team. According to South Korea's "National Daily" reported on the 10th, Yin Xiyue was recently discussing with a law firm in Seocho-ku, Seoul to take over the defense of the crime of civil strife. According to the report, officials around Yin Xiyue have handed over the case to a number of law firms, some of which are considering whether to accept the case, while others are said to have rejected it.The concept of quantum technology was active at the beginning of Fudan Fuhua 2 board, and the concept of quantum technology was active at the beginning. Starlight, Geer Software and Fudan Fuhua had daily limit, and Guo Dun Quantum, Jida Zhengyuan and Feilixin collectively opened higher.