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The surge in AI data center construction, coupled with a shortage of new gas turbines, is driving developers to seek out used and refurbished gas turbines globally, and even converting retired aircraft engines into power generation equipment. Wood Mackenzie data shows that global gas turbine orders have exceeded 100GW, while manufacturers' annual production capacity is only about 60-70GW. The average delivery cycle for new equipment in the US is about 6 years, with some orders already scheduled for delivery in 2030-2031. In terms of price, well-maintained used equipment costs approximately $1.5 million-1.7 million per megawatt, while refurbished equipment costs about $1.3 million, lower than the $2 million-2.5 million of new equipment. Some developers are even deploying multiple small gas turbines in combination. Reuters, citing Enverus, reports that the used market can only partially alleviate the supply shortage; the existing equipment stock is limited, and grid connection and approvals remain bottlenecks for construction.

Japanese Finance Minister Satsuki Katayama: No decision has been made yet regarding whether to grant tax breaks to individual investors holding Japanese government bonds; related discussions will be handled by the Liberal Democratic Party.

The Hang Seng Index (HSI) opened 172.18 points higher, or 0.7%, at 24,621.13 on Tuesday, November 10th; the Hang Seng Tech Index opened 31.71 points higher, or 0.78%, at 4,072.44 on Tuesday, November 10th; the Hang Seng China Enterprises Index opened 38.53 points higher, or 0.47%, at 8,298.68 on Tuesday, November 10th; and the Hang Seng Red Chip Index opened 2.24 points lower, or 0.06%, at 4,015.67 on Tuesday, November 10th.

Hong Kong stocks opened higher, with the Hang Seng Index up 0.7% and the Tech Index up 0.78%. Newly listed ChipMOS Technologies (07672.HK) rose 20.5% on its first day of trading.

Japanese Finance Minister Satsuki Katayama: Some small banks are worried that funds are flowing into retail Japanese government bonds.

Japanese Finance Minister Satsuki Katayama: The government expects that the amount of revenue it will receive from the sale of Bank of Japan ETFs will not affect the Bank of Japan's operations.

Sources say Anthropic says Google, Nvidia, AMD, Broadcom, Micron, Microsoft, and TSMC will invest $26 billion through a private placement at the IPO price.

South Korean President Lee Jae-myung: Seoul must establish a cooperative relationship with the U.S. Congress and expand communication with U.S. state governments.

Reserve Bank of New Zealand chief economist: Inflation expectations are worrying.

Japanese chip-related stocks surged, with SoftBank Group shares rising 12%, Kokusai Electric shares rising 13%, and Renesas Electronics shares rising 7.0%.

Australia's NAB Business Confidence Index for October was -15, compared to -13 previously.

Australia's NAB Business Climate Index for October was -2, compared to -1 previously.

The NI225 index reached 60,000 points, up 2.39% on the day.

UK BRC total retail sales rose 1.5% year-on-year in October, up from 1.3% in the previous month.

British Retail Consortium (BRC): Total sales in October rose 1.5% year-on-year, the largest increase since June (compared to 1.3% year-on-year growth in September).

UK BRC same-store retail sales rose 1.1% year-on-year in October, compared with 1.00% in the previous month.

The NI225 index broke through 59,000 points, rising 0.91% on the day.

Summary of opinions from the Bank of Japan's October meeting: One member stated that the outcome of next year's annual wage negotiations is worth watching. Another member indicated that wage growth next year is unlikely to be significantly higher than this year, and the risk of a "second-round effect" is not high. One member stated that as underlying inflation gradually converges to a level consistent with the price target, continuing interest rate hikes is appropriate.

Summary of opinions from the Bank of Japan's October meeting: One member stated that the next interest rate hike is unlikely to have a significant net negative impact on the economy. Another member indicated that Japan's neutral interest rate is likely to be well above 1%. A member noted the need to monitor the risk that future interest rate hikes could put pressure on the economy and suppress inflation.

Summary of opinions from the Bank of Japan's October meeting: One member stated that the Bank of Japan must closely monitor financial conditions for several months after each rate hike when adjusting the degree of monetary easing.