News

Bank of Japan Deputy Governor Ryozo Himino: We must pay more attention to upside price risks than ever before.

Bank of Japan Deputy Governor Ryozo Himino: Interest rates will continue to be raised based on economic, price, and financial conditions.

Bank of Japan Deputy Governor Ryozo Himino: I believe the Bank of Japan should continue to raise policy interest rates and adjust the degree of monetary easing according to developments in economic activity, prices, and financial conditions.

Bank of Japan Deputy Governor Ryozo Himino: A weak yen is driving up inflation.

Bank of Japan Deputy Governor Ryozo Himino: Rising global demand for artificial intelligence will drive up the economy and prices.

The Bank of Korea stated that the future inflation path will be affected by highly uncertain factors such as oil prices, exchange rates, the speed of domestic demand recovery, and the scope of wage growth.

The Hang Seng Index (HSI) opened 121.9 points higher, or 0.48%, at 25,774.87 on Thursday, August 27th; the Hang Seng Tech Index opened 39.13 points higher, or 0.85%, at 4,665.28 on Thursday, August 27th; the Hang Seng China Enterprises Index opened 39.96 points higher, or 0.47%, at 8,573.8 on Thursday, August 27th; and the Hang Seng Red Chip Index opened 6.1 points higher, or 0.14%, at 4,255.24 on Thursday, August 27th.

Hong Kong stocks opened higher, with the Hang Seng Index up 0.48% and the Hang Seng Tech Index up 0.85%; Zhipu (02513.HK) opened more than 8% higher; it recently launched a lightweight flagship model to rival DeepSeek.

According to the Financial Times, activist investor Flashlight Capital is seeking to acquire Samsung affiliate S1 Corp. at a 45% premium.

According to Taiwan's DigiTimes: Amazon Web Services (AWS) and NVIDIA (NVDA.O) are expanding their artificial intelligence partnership, planning to add 2 million GPUs.

The UK Maritime Trade Organization stated that all crew members have been confirmed safe and no environmental impact has been reported.

The UK Maritime Trade Organization reports that an oil tanker was attacked by an unidentified flying object in the Strait of Hormuz, causing the ship to catch fire, which has now been extinguished.

The UK Maritime Trade Operations Office has received reports of an incident in the Strait of Hormuz. An oil tanker was struck by an unidentified object, causing a fire, but the fire is now under control. All crew members have been confirmed safe and have been fully accounted for. No environmental impact has been reported. An investigation is underway. Vessels are advised to exercise caution and to report any suspicious activity to us.

Nvidia's second fiscal quarter revenue reached $96.2 billion, a year-over-year increase of 106%, with data center revenue reaching $89 billion, a year-over-year increase of 117%, both very strong. However, after the earnings report was released, the stock price fell by about 3%, indicating that the market's original expectations were already very high—"exceeding expectations" itself was no longer enough to be a new catalyst. What truly made the stock price rebound was CFO Colette Kress's statement in the conference call: revenue for fiscal year 2028 is expected to grow by about 70%. The market's previous growth expectation for this year was only about 44%-45%, so this is equivalent to a significant upward revision of long-term growth expectations in one go. More importantly: 70% is not actually the growth rate of demand, but "the achievable growth rate under supply constraints." This sentence is the most noteworthy in the entire news. Customer demand growth ≈ close to 100%—Nvidia is currently constrained by its supply chain and can only meet a portion of it—therefore the company's current revenue growth target for fiscal year 2028 is ≈ 70%. In other words: Nvidia is not worried about insufficient demand, but about insufficient production capacity.

Market consensus projects NVIDIA (NVDA.O) FY2027 revenue to January at $396bn; the CFO’s 70% growth guidance implies FY2028 revenue of about $673bn. That level would put NVIDIA ahead of Apple and Alphabet by revenue among U.S. tech firms, leaving it second only to Amazon (still primarily a retailer). CEO Jensen Huang has previously given multi-year AI chip sales cues, but NVIDIA has not before issued guidance this far into the future.

The South Korean KOSPI index opened higher, boosted by Nvidia's earnings report, while investors await the Bank of Korea's interest rate decision today. This means that the KOSPI actually has two catalysts today: first, Nvidia's earnings report – igniting the semiconductor sector; second, the Bank of Korea's interest rate decision – impacting overall South Korean asset prices. If the Bank of Korea releases a dovish signal, it could further strengthen the stock market's rise; if it unexpectedly leans hawkish, it could offset some of the positive impact from Nvidia.

According to Business Insider, Nvidia (NVDA.O) is in talks to acquire Hugging Face for more than $13 billion.

The government authorities stated that Russia attacked industrial facilities in the Ukrainian city of Krivirikh.

Australia's S&P/ASX 200 index opened down 33.50 points, or 0.37%, at 9094.3 on Thursday, August 27.

Baidu (BIDU.O): Voluntarily converts its secondary listing on the Hong Kong Stock Exchange into a primary listing, effective September 1, 2026. The company will have a dual primary listing on both the Hong Kong Stock Exchange and Nasdaq from the effective date.