News

According to Golden Ten Data on January 2, Rania Gule, Senior Market Analyst at trading platform XS.com, stated in a report that in an environment where interest rates may decline, silver could benefit more than gold. Gule noted that silver is more sensitive to changes in monetary policy. He added that silver's high liquidity, ease of trading, and relatively low cost make it an attractive safe-haven asset for both retail and institutional investors. In 2025, silver rose by nearly 148%, reflecting its "multi-dimensional" nature as a safe-haven asset, currency hedge, and a key mineral for the U.S. economy. It is expected that as the U.S. dollar depreciates, dollar-denominated silver will become more attractive to non-U.S. buyers, thereby driving global demand.

According to Golden Ten Data on January 2, based on the views of multiple market institutions, there are several reasons behind the surge in Hong Kong stocks on the first trading day of 2026: First, on January 2, the offshore RMB/USD exchange rate broke above 6.97 during trading, reaching its highest level since May 2023, further encouraging capital inflows into Hong Kong stocks; Second, Biren Technology, known as the "first GPU stock in Hong Kong," soared on its debut, and this "intra-day doubling" profit effect boosted market sentiment for investments in hard technology, semiconductors, and AI sectors; Third, leading Hong Kong stocks received positive news, such as Hua Hong Semiconductor acquiring a 97.4988% stake in Huali Microelectronics from four counterparties including Hua Hong Group, and Baidu planning to spin off Kunlun Chip for an independent listing, once again confirming the market prospects and capital recognition of the chip and AI computing power sectors. (Shanghai Securities News)

According to Golden Ten Data on January 2, Rob Dobson, Director at S&P Global Market Intelligence, stated that towards the end of the year, the UK manufacturing sector has released more signals of growth. Output has increased for the third consecutive month, and the number of new orders has improved for the first time since September 2024 (albeit only slightly). The domestic market remains a positive driver of economic growth, while new export business, although having declined for four consecutive years, has taken a significant step towards stabilization. With the negative impacts of uncertainties such as the autumn budget, tariffs, and the Jaguar Land Rover cyberattack easing, UK manufacturers have benefited from the weakening of several headwinds before the end of the year. It is expected that early 2026 will show whether economic growth can be sustained after these temporary stimuli fade. The foundation for economic expansion needs to shift more towards growing demand rather than increased inventories and clearing backlogs. The interest rate cut in December is expected to play a role in facilitating this shift, encouraging manufacturers and their clients to increase spending and investment. However, manufacturers remain cautious—business confidence in December declined for the first time in three months.