Real-time News

New York gold futures fell 1.00% on the day, currently trading at $4,768.80 per ounce.

According to The Information, Peter Hoeschele, the executive in charge of Stargate at OpenAI, has left the company.

On April 10th, it was reported that HappyHorse, a multimodal large-scale model that has recently sparked heated discussions, has registered accounts on overseas social media platforms, with Alibaba Group as its first follower. Previously, it was reported that HappyHorse was developed by a team led by Zhang Di from the Future Living Lab of Alibaba's Taotian Group. The Future Living Lab has since separated from Taotian Group and is now under the AI Innovation Business Unit of the ATH Business Group. Previously, this anonymous model, named HappyHorse-1.0, debuted at number one in the text-to-video (without audio) track with an Elo score of 1332, surpassing the second-place Dreamina Seedance 2.0 by nearly 60 points.

On April 10th, Dong Lijuan, Chief Statistician of the Urban Division of the National Bureau of Statistics, interpreted the CPI data for March 2026. The national CPI continued its moderate year-on-year increase, with the rate of increase slightly declining to 1.0%. Among them, the price of industrial consumer goods rose by 2.2%, an increase of 1.1 percentage points compared to the previous month, contributing approximately 0.67 percentage points to the year-on-year CPI increase. The national CPI decreased by 0.7% month-on-month, mainly due to the seasonal decline in food and service prices. Food prices, which rose by 1.9% in the previous month, fell by 2.7%, contributing approximately 0.48 percentage points to the month-on-month decrease in CPI. Within the food category, influenced by factors such as increased supply due to warmer weather and a decline in demand after the holidays, the prices of fresh vegetables and fresh fruits fell by 10.1% and 3.3% respectively, while the prices of pork, eggs, and aquatic products fell by 7.3%, 3.4%, and 2.6% respectively. These five items combined contributed approximately 0.45 percentage points to the month-on-month decrease in CPI.

The Hang Seng Tech Index rose more than 1% in early trading, with storage concept stocks, Chinese securities firms, and chip stocks leading the gains.

On April 10th, the highest 7-day annualized yield of Tencent Wealth Management's "Current Account +" was 1.3180%, and the lowest was 0.7470%. The highest 7-day annualized yield of WeChat Pay's "Lingqian Tong" was 1.0830%, and the lowest was 1.0060%. The highest 7-day annualized yield of Alipay's "Yu'ebao" was 1.2140%, and the lowest was 1.0010%.

April 10th - In March 2026, the national consumer price index (CPI) rose 1.0% year-on-year. Specifically, urban areas saw a 1.1% increase, while rural areas experienced a 0.9% rise. Food prices increased by 0.3%, and non-food prices rose by 1.2%. Consumer goods prices rose by 1.3%, and service prices rose by 0.8%. On average, from January to March, the national CPI rose 0.9% compared to the same period last year. Month-on-month, the national CPI fell 0.7% in March. Specifically, urban areas saw a 0.7% decrease, while rural areas experienced a 0.5% decrease. Food prices fell by 2.7%, and non-food prices fell by 0.2%. Consumer goods prices fell by 0.3%, and service prices fell by 1.1%.

China's PPI rose 1% month-on-month in March, compared with 0.4% in the previous month.

China's PPI rose 0.5% year-on-year in March, below the expected 0.40% and the previous reading of -0.90%.

April 10th - According to the Chinese Service Center for Scholarly Exchange under the Ministry of Education, by 2025, the number of Chinese students studying abroad will exceed 570,000, and the number of students returning to China will reach 535,600.

On Friday, April 10, the Hong Kong Hang Seng Index opened 139.48 points higher, or 0.54%, at 25,891.88; the Hang Seng Tech Index opened 22.48 points higher, or 0.47%, at 4,844.15; the H-share Index opened 43.48 points higher, or 0.5%, at 8,655.31; and the Red Chip Index opened 24.14 points higher, or 0.57%, at 4,280.34.

The People's Bank of China announced today that it conducted a 2 billion yuan 7-day reverse repurchase operation, with a bid amount of 2 billion yuan and a winning bid amount of 2 billion yuan. The operation rate was 1.40%, unchanged from the previous rate.

Bank of Japan Deputy Governor Ryozo Himino: The Bank of Japan will carefully examine all available data at each meeting to update our economic and price forecasts and risks, as well as the possibility of sustainably achieving our price target.

Bank of Japan Deputy Governor Ryozo Himino: Overall, we will take the most appropriate policy based on the size and duration of the shock and the economic environment at the time, with the aim of achieving our inflation target steadily.

Bank of Japan Deputy Governor Ryozo Himino: If the Middle East conflict continues, dragging down economic growth and exacerbating inflation, the Bank of Japan will face a dilemma.

On April 10th, Hanmi Semiconductor announced that it will launch a prototype of its "second-generation hybrid bonding machine" for next-generation HBM production within the year and begin collaborating with customers. Furthermore, the company plans to commence operations at its hybrid bonding machine factory in the first half of next year.

Bank of Japan Deputy Governor Ryozo Himino: I do not believe the Japanese economy is in a state of stagflation.